This week we dive into MCX, we talked about the history of the organization and why it is probably doomed. MCX (Merchant Customer Exchange). MCX is the collection of efforts by major retailers to eliminate the expense of Visa, Mastercard, and AMEX by creating their own payment network. Unfortunately the project now competes directly with Apple Pay and may be hitting some rough waters soon...Sponsors:Otter Labs www.hireotter.com- Hire great and inexpensive developer with staff augmentation through Otter.Redeeem https://redeeem.click/qdza- Redeeem is a decentralized peer-to-peer exchange that lets you save 15% or more on gift cards using Bitcoin and other cryptocurrencies.Learn more about your ad choices. Visit megaphone.fm/adchoices