/biz/ - Business & Finance

INB4: Insider larper
INB4 INB4: OP Can't INB4

So my buddy works for VISA as some data jockey. They have to keep their shit systems running, some of which are older than sin. To further push contactless purchases and exchanges of monetary shit VISA decided to get into crypto but... crypto is confusing and hard for them. So what did they do? Well, as a vendor (lol) they decided to fuck you, the consumer. How? "Vendor issues" through artificial means. Ever noticed Coinbase and Binance crying about vendor issues or how their users cry about not being able to purchase shit VIA Debit or Credit? Done on purpose.

They want to stem to flow of crypto purchases to free up their own systems' resources so they can start building their crypto infrastructure where they can buy, sell and trade coins at a whim. They also want to do this VIA their own system to trade...etc. Basically VISA is fucking your chances to buy shit with money but they want to avoid legal issues so it'll be at random for now and cause negotiations between these sites and their vendors.

Here's the other issue: VISA owns several companies. VISA is using some to snap up major crypto gains but only when a flash crash or major dip happens. Go look at the markets. Look at how popular crypto has major fucking purchases out of nowhere. Look at the flury of selling before and after. They're trying to disguise their mega purchases through using an army of seller systems.

Go look.

Finally, once more dips happen and prices fall within the next 3 to 4 years expect companies like Amazon and Apple to own the majority of shares. Leaving barely 10% to be purchased.