Can the credit/debit card payment system be decentralized?

Graft is a new cryptocurrency that aims at creating a decentralized debit/credit card payment system. Graft will simplify the usage of multiple cryptocurrencies as payment options at points-of-sale.
Down the rabbit hole: Steemit economy

Steemit is by far the most successful blockchain based social network. The Steemit economy depends on three currencies: steem (STEEM), steem dollars (SBD), and steem power. Steemit is one of the few properly working crypto projects that have seen a huge adoption rate, even from outside the crypto space.