FeesSafety
Pluang+

Bitcoin could replace global payments by cutting card fees and chargebacks, says expert Parker Lewis.

Market News
23 Oct 2026
Tokenpost
View Source
Neutral
Bitcoin could replace global payments by cutting card fees and chargebacks, says expert Parker Lewis.

Parker Lewis argued that Bitcoin has the potential to settle global payments by allowing merchants to avoid card fees of around 3% and chargebacks, making Bitcoin payments attractive for businesses. He also discussed the limitations of Bitcoin's on-chain capacity and the Lightning Network. Lewis linked this payment potential to broader financial system strains, highlighting the rise in U.S. debt from $52 trillion in 2007 to $107 trillion today, high mortgage and corporate refinancing rates, and the Federal Reserve's loss of control over long-term interest rates. He suggested that money printing might be the only solution to these pressures and criticized Bitcoin treasury companies and perpetual preferred stocks for misaligning with investor interests.

The discussion on Bitcoin's potential for global payments is presented here with Pluang's market data for context. As of Oct 24, 2026 10:02 WIB, out of 50 major cryptocurrencies on Pluang, 11 rose and 38 fell. Litecoin (LTC) traded at Rp1.033.386 with a 3.61% decline and a strong 78% sell order activity, contrasting with Decentraland (MANA) at Rp1.481, down 3.58% but showing 76% buy order activity and a much longer typical hold time of 157 days. Curve DAO Token (CRV) also fell 3.56% to Rp6.374, with a more balanced 40% sell and 60% buy order split.

More News

Chery debuts Super Intelligent Valet Parking to ease family parking hassles and save time.

Chery debuts Super Intelligent Valet Parking to ease family parking hassles and save time.

At the 2026 Chery International User Summit, Chery introduced its Super Intelligent Valet Parking (SIVP) system, designed to simplify parking for families. The system uses advanced sensors and AI to enable features like One Tap Departure and One Step...

Others
Bullish
1 hour ago
Franklin Templeton's sgBENJI token shows differing unit counts and valuations across XRP Ledger and Stellar networks.

Franklin Templeton's sgBENJI token shows differing unit counts and valuations across XRP Ledger and Stellar networks.

Franklin Templeton's tokenized money-market fund, sgBENJI, shows varying unit amounts and valuations across blockchain networks. On Oct. 23, sgBENJI units totaled 48.3 million on XRP Ledger and 26.9 million on Stellar, with a combined value near $75....

Protocol Fundamentals
Neutral
4 hours ago
Trader opens 40x leveraged short on Bitcoin at $40,500 position on Hyperliquid

Trader opens 40x leveraged short on Bitcoin at $40,500 position on Hyperliquid

James Wynn opened a 40x leveraged short position of 0.4947 Bitcoin on the Hyperliquid platform on October 23, with the position valued at approximately $40,500. The liquidation price for this trade was set at $82,671.48. This move comes 49 days after...

Market News
Bearish
4 hours ago
Fed rate hike outlook pressures Bitcoin, gold, and copper; $10,000 Bitcoin downside possible.

Fed rate hike outlook pressures Bitcoin, gold, and copper; $10,000 Bitcoin downside possible.

Bloomberg Intelligence strategist Mike McGlone said that market expectations of three Federal Reserve rate hikes are creating a headwind for Bitcoin, gold, and copper. He warned that Bitcoin could drop to $10,000, linking this potential decline to a ...

Market News
Bearish
4 hours ago
ZEC and NEAR spot ETFs see net inflows on Oct 23; other altcoin ETFs remain flat.

ZEC and NEAR spot ETFs see net inflows on Oct 23; other altcoin ETFs remain flat.

On October 23, Zcash (ZEC) and NEAR spot ETFs recorded net inflows of $20.52 million and $992,689 respectively, while other tracked altcoin spot ETFs such as XRP, Solana (SOL), Dogecoin (DOGE), Chainlink (LINK), Avalanche (AVAX), and others showed no...

Market News
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App