🤔In 2019, @Walmart filed a cryptocurrency patent. I wonder if they decided that they should use #Bitcoin instead⁉️ @rshevlin - can you update this article? forbes.com/sites/ronshevl…
💥The patent application said that offering cryptocurrency to low income households could be beneficial to both Walmart and their customers. 
@Walmart would like nothing more than to eliminate credit card fees: “A person is the credit card to their own digital value bank.” #Bitcoin
💰If Walmart adopts Bitcoin they stand to save Billions a year in interchange fees. A 2014 article from Business Insider estimated that Walmart paid $3B in interchange fees in 2013, and that was six years ago when cash and check payment activity was greater than it is today.
💵 @Walmart’s relationship w @MoneyGram was also an opportunity to rethink remittances and allow them to bypass SWIFT and ACH and give them the ability to deleverage risk in currency exchanges.
💰Just days ago @MoneyGram decided to offer #Bitcoin buying and selling at their locations- INCLUDING Walmart stores - which gives @Walmarttech another reason to move forward quickly before others write the deals for them. coindesk.com/moneygram-to-a…
• • •
Missing some Tweet in this thread? You can try to
force a refresh
