VISA CEO Downplays Bitcoin During Investor Conference Call

VISA CEO Downplays Bitcoin During Investor Conference Call

In response to a question regarding bitcoin asked by an investor during a conference call, VISA CEO Charlie Scharf essentially downplayed bitcoin by acknowledging that is interesting, but remains complex (to the ordinary user), according to PF Hub. Scharf reportedly pointed back to traditional payment networks, citing they're safer for consumers than getting involved with bitcoin and/or other virtual currencies. "The established network rules we have, the understanding of how things operate, understanding who the participants are, the fact that the business that we do has financial....


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