BitPay and the Death of Credit Cards
Credit Cards weren’t designed for the Internet.
– Tony Gallippi, BitPay CEO
Join the Mises Circle for a discussion with BitPay developer Jason Dreyzehner on how Bitcoin and BitPay are helping e-commerce realize its full potential.
Credit cards are probably one of the worst ways to transact online, and yet our digital infrastructure has been built around them, hacking away to try to make it secure and easy. But that’s ultimately impossible. Credit cards require users to transmit their full identities online, which has lead to countless cases of identity thefts. Credit cards are further plagued by fraud, chargebacks, and exorbitant fees that make it hard for small businesses to make money and makes it impossible for billions around the world to even have access to the technology.
Bitcoin changes all this: no frauds, no chargebacks, no fees, and no disclosure identity necessary. And since 2011, BitPay has been leading the charge to help merchants save money and transact online and in-person more easily, cheaply, and securely by using Bitcoin. BitPay now helps over 10,000 merchants and is available in over 200 countries.
When: Monday, October 21st at 7pm CDT
Where: Garrison 2.112
Can’t join us in person? Tune in to the Google+ Hangout.
The Mises Circle is proceeding ever more boldly and electronically. Help us maintain our online presence, through our website and audio/visuals, by donating Bitcoin today.