[Bloedcoins]

Just that you need to aling on one blockchain (https://en.wikipedia.org/wiki/List_of_blockchains). So if i would be VISA or anyone else, i would just create a visachain without any need for distributed, public etc.

And cross chain transaaction is not a solved problem.

Also for financial transactions and things, i do not want them public. Now i need some magic zero knowledge system and a trust anker. Who verifies the trust anker? again a company.

Its not getting easier or frictionless at all just because blockchain and smart contracts.

I also don't see any advantage for a company to let random people run my transactions and paying others instead of just doing it myself.

Also user don't run blockchains. A normal company will just go to another company to do that the same thing as we do today. Do you think a company will just deploy a smart contract and then out of thin air someone else calls it? No another computer system would call it which also needs to run somewhere.

[yieldcrv]

Visa chose public EVMs already supported by the industry and market

Take it up with them, “visachain” doesn’t inspire the same level of confidence for their stakeholders and shows competitors how to offer something without spinning up or maintaining their own blockchain, and wouldn’t have the rest of the DeFi infrastructure, namely liquidity pool from unrelated parties

Private transactions is its own niche that happens in parallel to this

The existence of either application doesnt preclude each other from occurring or gaining traction or changing the nature of the permissionless distributed system

[Bloedcoins]

If big businesses uses this somehow fine, but i really hope all the crypto scams and other cryptobro shit dies sooner than later.

If people would even be smarter about it, we would not mix all the shady shit with the other shit together.

Like having some conference about it but not inviting companies who scammed others