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The Cryptocurrency Community Celebrates As Visa Network Crashes

Yesterday, millions of customers were unable to utilize their Visa card as the payment network went down across the UK and different places in Europe.

Bitcoin and cryptocurrencies were invented with the intention of being an alternative to fiat currency and the current payment methods. So when the visa payment network went offline yesterday, the cryptocurrency community celebrated.

All over Reddit, threads mocking the Visa outage was posted, praising Bitcoin for its reliable network that is secured and powered by machines all over the world. One post simply consisting of an image of an article about the Visa outage received more than 2 thousand upvotes on the /r/bitcoin subreddit.

The bitcoin network has been online for more than 99.99% of the time since its inception. You can track the latest uptime percentage at http://bitcoinuptime.com/

 

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