[smaryjerry]

Visa has also has value because it adds trust to the system. You can contest your charges and a lot of the fees go towards keeping that trust. Credit cards have tons of abuse but it’s backed by a level of insurance. I stopped using crypto because the fees were so high, it wasn’t simple (unless you use an exchange) and doesn’t come with that trust. Even the exchanges themselves fail because they are gambling with customer cash essentially. It’s like if my bank decides to put all the cash it was holding for me into Iraqi dinar because it has a feeling it was going to go up.