Bitcoin Could Surmount Visa & PayPal, Claims Crypto Researchers2

Since Bitcoin (BTC) garnered some semblance of traction, it has been touted as a viable alternative to traditional digital payment rails, like Visa, Mastercard, or PayPal. As ShapeShift Erik Voorhees said in a recent interview, BTC, unlike centralized digital monies, is free to use (accessible), borderless, and uncensorable — arguably making it a perfect substitute.

While this sentiment has taken some flak for being too optimistic, as many see Bitcoin as slow, unscalable, and energy-intensive, a leading industry research unit recently came out to claim BTC has a chance to overtake traditional payment ecosystems. And here’s why.

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