Mastercard CEO during a meeting with investors said that the company has recently been paying a lot of attention to the study of digital currencies of central banks (CBDC).He claimed that the company would be able to provide a safe place for government and private banks to figure out how it would actually work.
A few days ago, the company announced a partnership with the Bakkt platform, thanks to which banks and merchants using Mastercard will be able to integrate cryptocurrencies into their business. It is goot to Mastercard that they don't stay aside.
Topic: Good news through Mastercard. - page 2. (Read 421 times)
Mastercard accepting crypto is definitely a big news and will definitely impact the growth of price in bitcoin.
This is just the beginning of wide adoption of bitcoin throughout the globe. Things are just getting started and we don't know how things will unfold in future.
The financial system is about to change and bitcoin has a huge role to play in it.
The tremendous growth of bitcoin has surely caught many people's attention and this will just improvise in the future.
It was Visa before that had accepted crypto as a payment revenue and now its Mastercard already that is adopting crypto lately. Big changes have become inevitable for crypto and it only means that crypto has its own great potentials that anyone can't resist. Although it takes time for crypto to be fully understood and later adopted, but the waiting time is really worth it. Now that visa and mastercard have been part of crypto already, then it will not be surprising if more and more digital finances will be interested in crypto and finally start to adopt it soon. This is just the beginning of wide adoption of bitcoin throughout the globe. Things are just getting started and we don't know how things will unfold in future.
The financial system is about to change and bitcoin has a huge role to play in it.
The tremendous growth of bitcoin has surely caught many people's attention and this will just improvise in the future.
Mastercard accepting crypto is definitely a big news and will definitely impact the growth of price in bitcoin.
This is just the beginning of wide adoption of bitcoin throughout the globe. Things are just getting started and we don't know how things will unfold in future.
The financial system is about to change and bitcoin has a huge role to play in it.
The tremendous growth of bitcoin has surely caught many people's attention and this will just improvise in the future.
This is just the beginning of wide adoption of bitcoin throughout the globe. Things are just getting started and we don't know how things will unfold in future.
The financial system is about to change and bitcoin has a huge role to play in it.
The tremendous growth of bitcoin has surely caught many people's attention and this will just improvise in the future.
This makes the adoption getting bigger and we should celebrate by now.
Mastercard is a billion-dollar company, according to this article, https://www.macrotrends.net/stocks/charts/MA/mastercard/net-worth, its net worth as of October 26, 2021, rises to $356.09B, imagine how much money would circulate in the network of this company and how easy crypto transactions would be using one of the biggest financial company in the world.
From the very beginning, they announce accepting crypto, I can already see the huge impact in the future and we should consider this reason as the basis for still holding bitcoin long term.
Mastercard says any bank or merchant on its vast network can soon offer crypto services
Although this may seem like a big thing but it is not, because master themselves don't intend on accepting or implementing cryptocurrencies in the way they do transactions, and allowing the business and merchants to do so is not a big deal because they will be reeling on third parties to do this, which is not a new thing as there are a ton of credit and debit cards that are Mastercard approved that you can fund them with cryptocurrency, but never the less this is a step toward the future, and it seem that we are seeing that companies are racing to get involved in the crypto trend which is good thing. Mastercard is a billion-dollar company, according to this article, https://www.macrotrends.net/stocks/charts/MA/mastercard/net-worth, its net worth as of October 26, 2021, rises to $356.09B, imagine how much money would circulate in the network of this company and how easy crypto transactions would be using one of the biggest financial company in the world.
From the very beginning, they announce accepting crypto, I can already see the huge impact in the future and we should consider this reason as the basis for still holding bitcoin long term.
Quote
Mastercard is preparing to announce that any of the thousands of banks and millions of merchants on its payments network can soon integrate crypto into their products, CNBC has learned.
Read full : Mastercard says any bank or merchant on its vast network can soon offer crypto services
Very interesting news for us crypto users of course, if they can later cooperate with crypto then the transactions we do are very fast because the assets they have today are very large and there will be no obstacles in financial problems of course, and this all happens because the popularity of bitcoin is getting bigger so many large companies want to cooperate with the crypto world and they must be able to adjust to the market movements that are always there change.
Allowing banks to offer crypto services is a start, but it doesn't mean that banks will actually try it and won't fight back. I can't imagine the top bank of my country offering Bitcoin debit cards, to be honest. I also wonder which tax implications and fees will be involved. Oh, I also find the video interesting. You can store BTC, but when it comes to the question of paying, the guy says that you can pay because it's possible to convert into fiat. So what we have are custodial wallets, and a way of converting cryptos into fiat if you want to pay for things with it. Not so great, to be honest.
This makes the adoption getting bigger and we should celebrate by now.
Mastercard is a billion-dollar company, according to this article, https://www.macrotrends.net/stocks/charts/MA/mastercard/net-worth, its net worth as of October 26, 2021, rises to $356.09B, imagine how much money would circulate in the network of this company and how easy crypto transactions would be using one of the biggest financial company in the world.
I am not sure what role Mastercard will be playing once they get to start working with cryptocurrencies but am certain they are coming in to provide some kind of exchange services which Is our crypto for their fiat and vice versa, which if you read between the lines they are the real beneficiaries in all this !! Not to sound negative this is certainly huge news which could influence some countries to make crypto legal to use but we have to stay put and wait to see what happens. Mastercard is a billion-dollar company, according to this article, https://www.macrotrends.net/stocks/charts/MA/mastercard/net-worth, its net worth as of October 26, 2021, rises to $356.09B, imagine how much money would circulate in the network of this company and how easy crypto transactions would be using one of the biggest financial company in the world.
Of course, happy news for all Crypto lovers, everyone is waiting for this news because it will have a great positive impact on Bitcoin and cryptocurrencies in general. This adoption will lead to the ease of spreading and exchanging cryptocurrencies around the world due to the MasterCard network that covers all countries of the world.
I don't know yet how this will actually be implemented but MasterCard has announced its partnership with Bakkt exchange to provide crypto-to-money conversion and vice versa, I don't know whether users should have an account on the Bakkt platform or just having the card is enough to do all the transfers and it's done automatically ?
I don't know yet how this will actually be implemented but MasterCard has announced its partnership with Bakkt exchange to provide crypto-to-money conversion and vice versa, I don't know whether users should have an account on the Bakkt platform or just having the card is enough to do all the transfers and it's done automatically ?
That's a good news but not yet though. Not until they announced their main release, payment will be surely faster with internal transfer on their end but that will probably have some risks like personal information and big % fee/tax same like as the other services do.
It surely is a tremendous step for centralizing the digital currency and making it easier for transactions. Since crypto will be more user friendly for all types of users.
Fasten your seatbelts for entering a new ERA of more user friendly digitalized transactions.
Fasten your seatbelts for entering a new ERA of more user friendly digitalized transactions.
it is a sort of market anticipation and as the crypto market is moving forward, that they likely embracing the huge changes.
Mastercard is also known to the most and if they are serious and officially adopted Bitcoin, I could really see a huge impact on the market price and the more demand is flowing.
To this time, it was more interesting to hear more updates from them and I believe this would encourage other big companies to go with the flow and help themselves to accept and understand cryptocurrency.
Mastercard is also known to the most and if they are serious and officially adopted Bitcoin, I could really see a huge impact on the market price and the more demand is flowing.
To this time, it was more interesting to hear more updates from them and I believe this would encourage other big companies to go with the flow and help themselves to accept and understand cryptocurrency.
In fact, this kind of good news brings a lot of benefits to our cryptocurrency. They have never heard such good news from MasterCard again but now they have conveyed this good news to the world.Maybe Bitcoin is transacted through banks in different countries and Bitcoin is transacted through Visa card. Paypal has been successful working before. I hope this plant of theirs is successful. Then there will be a very big good news for Bitcoin.
Good news, just like when we first heard about the news that Tesla accepting and buying bitcoin. Any big company that tells that they're adopting bitcoin, we're all celebrating because it's for the good of the market.
That's why when there's another big company that tells that they're adopting bitcoin, we're all going positive. Now, it's not just a company but there are also countries.
That's why when there's another big company that tells that they're adopting bitcoin, we're all going positive. Now, it's not just a company but there are also countries.
I would be interested to see if and how they enable bitcoin payments. If you make it similar to Paypal, then it should be very easy to do. Or will they use Lightning? I read Mastercard generates 2,000 transactions per second, which is many more than BTC. Bitcoin can do 4-7 transactions, so the solution is maybe Lightning or its own Mastercard system. Looking at the upcoming tipping payment on Twitter, and the StrikeApp, I see an opportunity there, also for small payments.
For cryptocurrency, this is a gigantic success. The reason: 2.8 billion Mastercards in use. This is a revolution and it is happening worldwide. Paypal I think is the reason and a example that Mastercard has followed. I just ask myself one question: How many million people will use Mastercard-Bitcoin in the first months?
For cryptocurrency, this is a gigantic success. The reason: 2.8 billion Mastercards in use. This is a revolution and it is happening worldwide. Paypal I think is the reason and a example that Mastercard has followed. I just ask myself one question: How many million people will use Mastercard-Bitcoin in the first months?
If that news is real, we may see a good thing will happen to the crypto as Mastercard has many customers interested in the crypto. It could attract their attention to invest in crypto or just buy and sell the crypto using their card in the exchanges, which can boost the crypto popularity. With Visa and now Mastercard, that can help the crypto get more users involved in crypto and hopefully, that can lift the price to increase.
The news about Mastercard might sound bullish for the crypto industry,but I'm very cautious about such news.Last year,everyone was excited about Paypal becoming crypto friendly,but the whole Paypal adoption was just a gimmick designed to fool the cryptocurrency enthusiasts.Paypal isn't crypto friendly and it never will be.Nobody can withdraw any cryptocurrencies from his/her Paypal account.
If the Mastercard crypto adoption looks like the Paypal crypto adoption,then I'm not that enthusiastic about it..
Gladly, I never use Paypal to buy or hold crypto in my Paypal account
This announcement was planned a few months ago by MasterCard, and they also said that the end of the year will start by including crypto payments for its users. This provides good news for crypto flows and will also easily lead to price increases in the market. Like when PayPal accepted Bitcoin at the time, which was the starting point for 2021.
Happy to welcome the adoption of MasterCard which is currently being implemented, hopefully good news for the crypto market, especially Bitcoin.
Happy to welcome the adoption of MasterCard which is currently being implemented, hopefully good news for the crypto market, especially Bitcoin.
It may not appear as many people would want but to me I think it is still a positive news to the crypto community, Mastercard is a huge payment company and which means can bring more people into crypto if possible, many new comers will have the opportunity to spend crypto easily, crypto adoption is spreading slow and steady.
This news will surely shock the world very much if it does happen.
Bitcoin, I think, will burst upward in its price tag, it will be an unattainable asset for a low class, because its value will not be attractive to small investors. In general, this news from the master card is a step into the future of transactions.
Bitcoin, I think, will burst upward in its price tag, it will be an unattainable asset for a low class, because its value will not be attractive to small investors. In general, this news from the master card is a step into the future of transactions.
It's cool and good for the whole crypto adoption (unless you are those old cryptopunk anarchists that would like to keep cryptos seperate from current financial system), but it doesn't shock anyone. There already are companies that issue visa and mastercard crypto debit cards, only difference is that now they are partnering with Bakkt. And only reason i haven't taken the mastercard yet is because my free visa crypto debt card works just fine in everywhere.
Visa already accept crypto for their settlement using stable coin according this article https://www.investopedia.com/visa-adds-cryptocurrency-to-its-settlement-platform-5181149
but i think using crypto as settlement transaction is better that transfer bank to bank from one country to other, is way more fast and transparent and cheap right
using stable coin according this article https://www.investopedia.com/visa-adds-cryptocurrency-to-its-settlement-platform-5181149but i think using crypto as settlement transaction is better that transfer bank to bank from one country to other, is way more fast and transparent and cheap right
Mastercard might adopt crypto,but that doesn't necessarily mean that they will adopt Bitcoin.
They might decide to adopt some altcoin or token.They might create their own "mastercardcoin".
I couldn't care less about this kind of adoption.
The news about Mastercard might sound bullish for the crypto industry,but I'm very cautious about such news.Last year,everyone was excited about Paypal becoming crypto friendly,but the whole Paypal adoption was just a gimmick designed to fool the cryptocurrency enthusiasts.Paypal isn't crypto friendly and it never will be.Nobody can withdraw any cryptocurrencies from his/her Paypal account.
If the Mastercard crypto adoption looks like the Paypal crypto adoption,then I'm not that enthusiastic about it..
They might decide to adopt some altcoin or token.They might create their own "mastercardcoin".
I couldn't care less about this kind of adoption.
If that news is real, we may see a good thing will happen to the crypto as Mastercard has many customers interested in the crypto. It could attract their attention to invest in crypto or just buy and sell the crypto using their card in the exchanges, which can boost the crypto popularity. With Visa and now Mastercard, that can help the crypto get more users involved in crypto and hopefully, that can lift the price to increase.
The news about Mastercard might sound bullish for the crypto industry,but I'm very cautious about such news.Last year,everyone was excited about Paypal becoming crypto friendly,but the whole Paypal adoption was just a gimmick designed to fool the cryptocurrency enthusiasts.Paypal isn't crypto friendly and it never will be.Nobody can withdraw any cryptocurrencies from his/her Paypal account.
If the Mastercard crypto adoption looks like the Paypal crypto adoption,then I'm not that enthusiastic about it..
Jump to: