DiscoverFat Tailed Thoughts#25 - Challenger Approaching, A New Payment Network Has Appeared
#25 - Challenger Approaching, A New Payment Network Has Appeared

#25 - Challenger Approaching, A New Payment Network Has Appeared

Update: 2022-04-20
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Today's discussion is on a revolution in payments. Visa has dominated card payments for 50 years, but cryptocurrency networks pose a real challenge. Services like Strike help businesses transact over the Bitcoin Lightning Network practically for free. We discuss why Visa has been so successful, how crypto can win the coming payments war, and what this means for processors and other payments companies. Please enjoy this breakdown of the payments revolution.


Shoutout to Strike for what the payments solution they've built on the Bitcoin Lightning Networks.


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Check out this week's letter for the full story. Join the Fat Tailed Thoughts discussion on LinkedIn and the @FatTailThoughts discussion on Twitter with your co-hosts @KleeBeard and @StevenDickens3.


For more episodes of Fat Tailed Thoughts, visit fattailedthoughts.com. Past topics include WTF is CPI, Debt Collectors Who Help Rather Than Abuse, Slow Revolutions in Financial Services, and more.


Stay up to date on all of our content by joining the Fat Tail Thoughts letter at fattailedthoughts.substack.com.

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#25 - Challenger Approaching, A New Payment Network Has Appeared

#25 - Challenger Approaching, A New Payment Network Has Appeared

Jared Klee & Steven Dickens