Topic: mastercard attacking Bitcoin - page 6. (Read 7693 times)
Convenience offered Bitcoin become a serious rival to mastercard on trying than complicate bitcoin regulation,Mastercard trying better to make inovasi or new event to attract consumers.
reading the other users comments, i realized that many bitcoin users believe that this was a good news and showed that they are scared of bitcoin and think it can replace them.
but my question is, how would other people who do not use bitcion or know about bitcoin will think when hearing this news? it is not going to be a positive thought as we have.
but my question is, how would other people who do not use bitcion or know about bitcoin will think when hearing this news? it is not going to be a positive thought as we have.
Each and everything needs a publicity. The people who are using it they don't have to worried about it and those who are not aware about the bitcoins now they will come to know through media after the allegations from mastercard and they will start knowing what bitcoin is and if they find it suitable for themselves they will start accepting it;
Mastercard doesn't realize that bitcoin transactions already go through "regulated and transparent administrators," the blockchain!
Bitcoin is definitely a threat to Mastercard, but only if they decide to not allow transactions with the currency that is bitcoin. Part of the challenge is that they can't run their business as safely or within the rules of government if they start dealing in bitcoin in large volumes. Mastercard has never been an innovative company, their Ad Agency is very innovative, but not their actual services. And from a a business perspective, if Mastercard isn't willing to innovate it is cheaper for them to try to discredit bitcoin in the media (with hopes that it doesn't take off) rather than evolved to meet the demand.
Bitcoin is definitely a threat to Mastercard, but only if they decide to not allow transactions with the currency that is bitcoin. Part of the challenge is that they can't run their business as safely or within the rules of government if they start dealing in bitcoin in large volumes. Mastercard has never been an innovative company, their Ad Agency is very innovative, but not their actual services. And from a a business perspective, if Mastercard isn't willing to innovate it is cheaper for them to try to discredit bitcoin in the media (with hopes that it doesn't take off) rather than evolved to meet the demand.
If you think mastercard cares about bitcoin you really need to do a reality check guys.
then why are they making a public statement about it?
Now you can see that they noticed grow of bitcoin an started to take actions. It is better to start campaign against BTC while bitcoin is not totally mainstream and user base is not that big, if they wait it can be too late.
bitcoin shoul not be considered a threat yet, it's still a niche market, they are just covering their ass because of all the recent good news, that might have an impact in the future, so their concerns aren't for the present, but most likely for the future
reading the other users comments, i realized that many bitcoin users believe that this was a good news and showed that they are scared of bitcoin and think it can replace them.
but my question is, how would other people who do not use bitcion or know about bitcoin will think when hearing this news? it is not going to be a positive thought as we have.
If they aren't clever enough to realise that mastercard and bitcoin both are payment systems, they shouldn't be trying about Bitcoin anyway. We already have plenty of news outlets spreading negative falsified information about Bitcoin. If they are truly interested, they should be learning about it themselves instead of believing sources from news outlets/competitors.but my question is, how would other people who do not use bitcion or know about bitcoin will think when hearing this news? it is not going to be a positive thought as we have.
Bad news travels faster then the good news and that is the situation in every country people often are more interested in following the bad news as compared to good news and that is the reason why bitcoin is facing trouble from the society. The people who are aware about the bitcoin they will stand in support of bitcoin.
reading the other users comments, i realized that many bitcoin users believe that this was a good news and showed that they are scared of bitcoin and think it can replace them.
but my question is, how would other people who do not use bitcion or know about bitcoin will think when hearing this news? it is not going to be a positive thought as we have.
If they aren't clever enough to realise that mastercard and bitcoin both are payment systems, they shouldn't be trying about Bitcoin anyway. We already have plenty of news outlets spreading negative falsified information about Bitcoin. If they are truly interested, they should be learning about it themselves instead of believing sources from news outlets/competitors. but my question is, how would other people who do not use bitcion or know about bitcoin will think when hearing this news? it is not going to be a positive thought as we have.
reading the other users comments, i realized that many bitcoin users believe that this was a good news and showed that they are scared of bitcoin and think it can replace them.
but my question is, how would other people who do not use bitcion or know about bitcoin will think when hearing this news? it is not going to be a positive thought as we have.
but my question is, how would other people who do not use bitcion or know about bitcoin will think when hearing this news? it is not going to be a positive thought as we have.
Mastercard might be critical of bitcoin, but one would assume they are experimenting and trial testing the blockchain concept.
Ripple reportedly has 30 banks and remittance providers like western union testing their technology. They are soon to be the first KYC/AML compliant crypto, after a recent fincen fine.
The technology that bitcoin represents is too valuable for mainstream financial institutions to ignore. I suspect they will all either adopt a centralized version (like Ripple) or create their own blockchain / distributed ledger.
Not advocating if that's good or bad, but seems to be the reality were heading towards.
My 2 satoshis,
H.
Ripple reportedly has 30 banks and remittance providers like western union testing their technology. They are soon to be the first KYC/AML compliant crypto, after a recent fincen fine.
The technology that bitcoin represents is too valuable for mainstream financial institutions to ignore. I suspect they will all either adopt a centralized version (like Ripple) or create their own blockchain / distributed ledger.
Not advocating if that's good or bad, but seems to be the reality were heading towards.
My 2 satoshis,
H.
I was wondering when this was going to happen. I wonder how much money they're going to now spend lobbying their anti-bitcoin agenda?
Maybe they're just blowing smoke. They make money from all these bitcoin mastercards.
I was wondering when this was going to happen. I wonder how much money they're going to now spend lobbying their anti-bitcoin agenda?
more and more news about it everyday 
i love it, and now is mastercad who are "scared" about it, thats a pretty good news for us, yes?
i dont know whast their real intentions with all those news, but for me looks like they are moving slowly to take carea bout whats is comming.
i love it, and now is mastercad who are "scared" about it, thats a pretty good news for us, yes? i dont know whast their real intentions with all those news, but for me looks like they are moving slowly to take carea bout whats is comming.
If you think mastercard cares about bitcoin you really need to do a reality check guys.
then why are they making a public statement about it?
Now you can see that they noticed grow of bitcoin an started to take actions. It is better to start campaign against BTC while bitcoin is not totally mainstream and user base is not that big, if they wait it can be too late.
If you think mastercard cares about bitcoin you really need to do a reality check guys.
then why are they making a public statement about it?
Now you can see that they noticed grow of bitcoin an started to take actions. It is better to start campaign against BTC while bitcoin is not totally mainstream and user base is not that big, if they wait it can be too late.
legendary
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If you think mastercard cares about bitcoin you really need to do a reality check guys.
then why are they making a public statement about it?
If you think mastercard cares about bitcoin you really need to do a reality check guys.
Funny, yeat all bitcoin debit cards are MasterCard...
I think Xapo is using VISA. Maybe other Bitcoin companies should switch to VISA or other companies if MasterCard doesn't like that kind of business.
they don't like it, yet some mastercard cards are used for bitcoin business, so something is wrong about their thinking
i think with this, they just want to attract more users to use their circuit instead of visa, and they are not really discredit bitcoin
Funny, yeat all bitcoin debit cards are MasterCard...
I think Xapo is using VISA. Maybe other Bitcoin companies should switch to VISA or other companies if MasterCard doesn't like that kind of business.
When you have a business model where your competitor stands a greater chance to win and totally out compete and squeeze you out, it's normal that you will do anything to prevent that. Bitcoin is still at its infancy stage and it is at this period that the reputation is most vulnerable
I thought bitcoin was not that big yet that could threaten any major businesses like MasterCard. this proved me wrong. it looks like they are scared for their future in the market shares,.
The threat that bitcoin presents is relative. The MC reaction could be just a note of caution from their side, any smart businessman will try to eliminate or try to lower the risk rather than to do nothing,
but in this case i believe they are being counter productive to their cause, giving their competition a place on the spotlight, even when it is not a big one; there is no bad publicity (or so people claim)
cheers
I thought bitcoin was not that big yet that could threaten any major businesses like MasterCard. this proved me wrong. it looks like they are scared for their future in the market shares,.
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