We can now use Visa to pay Bitcoin network transaction fees

Source: Bitcoin.com
by Roger Ver

“As any Bitcoin user knows, the network is completely full now. Every business is spending countless hours dealing with customer support requests relating to transaction that haven’t confirmed. In the last year confirmation times have gone up from about 10 minutes, to nearly two hours! I was stunned earlier today when I came across a service that now allows people to pay with CREDIT CARDS to have their Bitcoin transaction confirmed! … It is worth noting that this kind of fee market is exactly what the current Core team have been advocating for years. Now they have it, and it is a disaster just like myself, Gavin Andresen, and many others have been saying all along.” [editor’s note: My last Bitcoin transaction took about 30 hours to confirm. Ver is right — this is insane and it will kill Bitcoin if it isn’t fixed – TLK] (03/05/17)