Topic: mastercard attacking Bitcoin - page 8. (Read 7693 times)
Funny, yeat all bitcoin debit cards are MasterCard...
Mastercard I can smell your fear from here....hehe!
Seriously when corporations act like this it means they're worried, bitcoin is better than credit cards in every way, they don't charge you ridiculous interest, you can't go over your limit (wallet balance).
It's still very early days but as bitcoin grows banks & credit card companies will try to do anything they can to destroy us.
Seriously when corporations act like this it means they're worried, bitcoin is better than credit cards in every way, they don't charge you ridiculous interest, you can't go over your limit (wallet balance).
It's still very early days but as bitcoin grows banks & credit card companies will try to do anything they can to destroy us.
Credit card moguls can suck my hairy ****.
The time of their supremacy s over.
The time of their supremacy s over.
This is like the Yellow Cab taxi company doing an analysis and concluding that Uber has risks which are just too much to accept in view of the rewards. Hahahahah! MasterCard opinion of bitcoin is hilarious. MasterCard is going to the same place Kodak went. Kodak said: "digital photography - no we are not concerned about that, it will never win the attention of true photographers" Two years later it was bankruptcy for Kodak. At the very end they launched an aggressive digital campaign. Watch for MasterCard to launch an aggressive cryptocurrency campaign in the next year. That will be the hint they are on their last straw.
Good news, mastercard is getting worried about Bitcoin.
http://www.coindesk.com/mastercard-digital-currencys-risks-outweigh-the-benefits/
Good luck with that Mastercard. You can try to get your
politician friends to regulate a protocol but I won't comply.
http://www.coindesk.com/mastercard-digital-currencys-risks-outweigh-the-benefits/
Quote
The "current blockchain process" doesn’t provide sufficient transparency, it says, and regulation should require all transactions to go through regulated and transparent administrators, which would be supervised by relevant domestic, European or global authorities.
Good luck with that Mastercard. You can try to get your
politician friends to regulate a protocol but I won't comply.
seems like an echo. everything has been slowly heading in that general direction anyways. nothing new here.
Western Union got suddenly provoked simply by that picture last time .
and now It's MasterCard , it's nice to see them scared and feel threaten by Bitcoin . To da moon
and now It's MasterCard , it's nice to see them scared and feel threaten by Bitcoin . To da moon
Seen the same pattern all over Europe. Banks are terrified about bitcoin, they are all making their own crappy mobile payment sollution. They where just like 5-6 years too late. None of the are based on blockchain tech. just more crappy fiat shit, making money out of the thin air. Looks like a panic solution to me.
I think that alot of companies probably have a negative opinion on Bitcoin as a currency and see it as more of a stock or investment option that is extremely volatile. Only some publicly speak out about it though.
"All transactions should go through us!" is what the person was really thinking. Yeah, that's cool ... Or they can go through thousands and thousands of people verifying transactions, which is far more powerful than just one. When they fear you is when things are getting good.
That is right, Mastercard is starting to worry. They want monopoly and top position on the financial market as payment processor. People at charge MasterCard are afraid of the cryptocurrency recent development and they know that bitcoin is the future. Why not smear and tarnish reputation of it, while it is still new technology and people are not fully convinced.
Mehh.. i don't see why they are complaining, since most of bitcoin debit cards are issued by MasterCard, and they take profit from fees day in and out.
Or is it that they saw how people reacted good on that so now they realised how that was only stage 1 of the process
Screw you MC, politely ofc.
Or is it that they saw how people reacted good on that so now they realised how that was only stage 1 of the process
Screw you MC, politely ofc.
"All transactions should go through us!" is what the person was really thinking. Yeah, that's cool ... Or they can go through thousands and thousands of people verifying transactions, which is far more powerful than just one. When they fear you is when things are getting good.
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Good news, mastercard is getting worried about Bitcoin.
http://www.coindesk.com/mastercard-digital-currencys-risks-outweigh-the-benefits/
Good luck with that Mastercard. You can try to get your
politician friends to regulate a protocol but I won't comply.
http://www.coindesk.com/mastercard-digital-currencys-risks-outweigh-the-benefits/
Quote
The "current blockchain process" doesn’t provide sufficient transparency, it says, and regulation should require all transactions to go through regulated and transparent administrators, which would be supervised by relevant domestic, European or global authorities.
Good luck with that Mastercard. You can try to get your
politician friends to regulate a protocol but I won't comply.
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