Visa Is Avidly Fishing For A Crypto Blockchain Dev Hero
Visa Inc. is seeking a full-time technical product manager in Palo Alto, California. In a job posting to SmartRecruiters, the global card giant said it is looking for someone who is “passionate about the intersection of payments and cryptocurrency,” and “deeply familiar with permissionless blockchain technology.”
With the additional job requirement of “a close network of experts in the fast moving cryptocurrency and fintech ecosystem,” it looks like the ancient 20th Century fintech company is serious about poaching a top blockchain pro from the crypto industry.
Visa Is Getting Into Crypto
Many in the crypto atmosphere are hailing the apparent entry of Visa to the industry as a portent of mass adoption. We are still unlikely to see mass adoption of a payment system that has the features and benefits of the most popular cryptocurrencies under the auspices of Visa.
Any talented PMs interested in the intersection of crypto and retail payments? We are hiring for a new team focused on building products for fintechs that support digital currencieshttps://t.co/Kh6g4sSbk0
— Cuy Sheffield (@cuysheffield) March 17, 2019
Instead, we are likely to see something like JPM Coin, Jamie Dimon’s attempt to get JP Morgan into cryptocurrency. It would be a stablecoin that represents a U.S. dollar in the company’s internal accounting software on its centrally controlled, walled-off private databases.
It’s as if they renamed the entity in the programming language for their books software from custAcct.CredLessDeb to JPM.Coin and JP Morgan’s press office breathlessly dashed off a press release that the Wall Street giant was the first bank to release its own cryptocurrency.
Visa Is Unable to Match Bitcoin’s Value Propositions
The job post lays out Visa’s strategic vision under a brief company description:
