Visa Introduces the Visa Tokenized Asset Platform

Its so funny to see these type of things.<p>Blockchain &#x2F; crypto was started as a decentralized thing, than gambling happened.<p>And now it transforms to &#x27;whatever people thought it would be&#x27; to &#x27;normal big companies we all know and use are leverging it now in a way to be able to say &quot;But we also do blockchain and crypto&quot; completly destroying the originally idea of it.<p>But i don&#x27;t mind. Make the ecosystem even more complicated and complex so that even less people care and use it.<p>Crypto&#x2F;Blockchain&#x2F;NFT was the biggest &#x27;transfer money from a lot of people to a few people&#x27; scam for a while now.

I guess this shows you how long it takes a big company to ship software, because there&#x27;s no way they started this project after 2022.

I was right since the beginning, the cryptocurrency fad was a test, to both harden and crowdfund the development of a CBDC<p>To make people perhaps want to &quot;want&quot; it<p><a href="https:&#x2F;&#x2F;www.edps.europa.eu&#x2F;press-publications&#x2F;publications&#x2F;techsonar&#x2F;central-bank-digital-currency_en" rel="nofollow">https:&#x2F;&#x2F;www.edps.europa.eu&#x2F;press-publications&#x2F;publications&#x2F;t...</a><p><a href="https:&#x2F;&#x2F;www.federalreserve.gov&#x2F;central-bank-digital-currency.htm" rel="nofollow">https:&#x2F;&#x2F;www.federalreserve.gov&#x2F;central-bank-digital-currency...</a><p>What&#x27;s interesting tho, is Brazil (Lula&#x27;s administration), let Visa acquire their crypto fintech Pismo last year<p><a href="https:&#x2F;&#x2F;investor.visa.com&#x2F;news&#x2F;news-details&#x2F;2023&#x2F;Visa-to-Acquire-Pismo&#x2F;default.aspx" rel="nofollow">https:&#x2F;&#x2F;investor.visa.com&#x2F;news&#x2F;news-details&#x2F;2023&#x2F;Visa-to-Acq...</a>

Ethereum’s smart contracts are inherently insecure. Look at all the money lost through oracle hacks and bridge attacks. If crypto ever becomes viable, mark my words - Ethereum will not be that platform.

I wish we could still do gas rebates, the sub 1 gwei prices on Ethereum right now are the perfect time to load up when gas prices skyrocket again

A Visa run corollary to the ethereum blockchain? Why wouln&#x27;t a bank just issue its own ERC-20 token?

Blockchain and b2b banking infrastructure seems like a more sensible use case, since the transaction processing infrastructure can be offloaded to the ethereum network instead of the visa’s infrastructure for some kinds of transactions.<p>What used to take days may now only take minutes.<p>Unless this is just another avenue for speculative trading…