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Topic: [2015-06-16] CCN: MASTERCARD EXPRESSES FEAR AND IGNORANCE OF BITCOIN IN WRITING (Read 569 times)

legendary
Activity: 2114
Merit: 1031
Great article.

Still excited to see this economy progress.

Slowly, but surely, people will continue to find ways to use bitcoins.
legendary
Activity: 1401
Merit: 1008
northern exposure
Mastercard are feeling the Bitcoin heat, PayPal & Visa will follow shortly, if they aren't already. All shall fail, all shall fall.

All hail decentralized people powered Bitcoin!!  Grin

hhaa beleive me they are already scared about it, also im 100% sure that they already have plans to change to BTC if things goes better for BTC, they are not idiots, they are following BTC world very very close.
sr. member
Activity: 266
Merit: 250
Mastercard are feeling the Bitcoin heat, PayPal & Visa will follow shortly, if they aren't already. All shall fail, all shall fall.

All hail decentralized people powered Bitcoin!!  Grin
sr. member
Activity: 336
Merit: 251
sr. member
Activity: 322
Merit: 250
https://dadice.com | Click my signature to join!
MASTERCARD EXPRESSES FEAR AND IGNORANCE OF BITCOIN IN WRITING

Quote
Mastercard seems to be between a rock and a hard place. They will never catch Visa in the payments markets, according to the latest global figures, and see a real threat on the horizon in Bitcoin. Why would they spend the last year attacking digital currency in videos, to the Australian Senate, and now in a 4-page written statement? Something wicked this way comes. Something far better, as well. It’s called “The Future of Money.”

You know what your problem is, Bitcoin?

Mastercard has been around a long time, since 1979 in its current form and is a global leader in payment services. To thwart this existential threat to their future thiefdom, Mastercard has crafted this response to Bitcoin and digital currencies, in general. This is after the United Kingdom released its “Digital currencies: Call for information” missive. Mastercard and Bitcoin are about as similar as tuna fish and peanut butter, but, feeling threatened, Mastercard couldn’t help but give its two cents on the matter. Here we’ll go over key excerpts of their argument against the generally unregulated nature of Bitcoin and digital currencies, in general. Plus, let’s provide a point-counterpoint analysis of their information or misinformation on Bitcoin as a whole.

Full story: https://www.cryptocoinsnews.com/mastercard-expresses-fear-ignorance-bitcoin-writing/
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