The reason for a “fourth party” is because so many of these are fully international.
The dream of cryptocurrency as actual currency (rather than just reinventing stocks) was the idea that you could use your bitcoin wallet to pay for a pizza in Kansas, London, other London, Shanghai, or Timbuktu with no perceived difference. That IS what visa/mastercard provide.
Get rid of that “fourth party” and now every single online service needs to have office space in every single country so that they can accept and convert purchases on their own. And the end result will just be dropping the majority of the world.
The reason for a “fourth party” is because so many of these are fully international.
The dream of cryptocurrency as actual currency (rather than just reinventing stocks) was the idea that you could use your bitcoin wallet to pay for a pizza in Kansas, London, other London, Shanghai, or Timbuktu with no perceived difference. That IS what visa/mastercard provide.
Get rid of that “fourth party” and now every single online service needs to have office space in every single country so that they can accept and convert purchases on their own. And the end result will just be dropping the majority of the world.