I've seen a lot of negative sentiment online lately about the impending bubble, but even with social media, crude AI, and the US dollar being the peak of that negativity this whale has been dying slowly and few have taken notice.
VISA has begun to censor what can be bought, overcharge merchants, and short change banks on interchange fees. These are acts of desperation as growth reaches diminishing returns, the beginning decline of a massive company. Think about it, who isn't using visa already? They have to wait for new users to be born. There will only ever be more competition, competition that has superior speed, accuracy, efficiency, and cost.
VISA may not lead this crash, but it's days look to be numbered unless they make radical changes . According to google results, antitrust violations can carry 3 times the monetary penalty gained from illegal activity. I don't think this will happen, but it's a TON of leverage for a massive settlement. The cracks are just beginning, but this company is made of glass
VISA has begun to censor what can be bought, overcharge merchants, and short change banks on interchange fees. These are acts of desperation as growth reaches diminishing returns, the beginning decline of a massive company. Think about it, who isn't using visa already? They have to wait for new users to be born. There will only ever be more competition, competition that has superior speed, accuracy, efficiency, and cost.
VISA may not lead this crash, but it's days look to be numbered unless they make radical changes . According to google results, antitrust violations can carry 3 times the monetary penalty gained from illegal activity. I don't think this will happen, but it's a TON of leverage for a massive settlement. The cracks are just beginning, but this company is made of glass
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Possible bear pennant forming, T1 around $330
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.