Sure, but look at the way Venmo/Square are approaching this problem.
Venmo: You have a venmo balance. Initially, money is brought in from a CC, but they just moved to Bank Accounts. Payments are fast because it's just venmo balance --> venmo balance most of the time.
Square: They control apps on the merchant (register, square) and the client (card case, now pay with square), rendering a physical credit card useless. At some point they connect to your bank account as well (or open their own bank).
I think having a niche currency is just another barrier to success. Not saying that you shouldn't proceed with this opportunity, but you're far from the only player in the space who realizes the magnitude of the opportunity and sees what the future looks like.
Venmo: You have a venmo balance. Initially, money is brought in from a CC, but they just moved to Bank Accounts. Payments are fast because it's just venmo balance --> venmo balance most of the time.
Square: They control apps on the merchant (register, square) and the client (card case, now pay with square), rendering a physical credit card useless. At some point they connect to your bank account as well (or open their own bank).
I think having a niche currency is just another barrier to success. Not saying that you shouldn't proceed with this opportunity, but you're far from the only player in the space who realizes the magnitude of the opportunity and sees what the future looks like.