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Topic: MasterCard now ready to join the Crypto game - page 6. (Read 794 times)

newbie
Activity: 100
Merit: 0
This gives more payment options for Bitcoins and hope this system will extend to enable other currencies like Ethereum which can give a great power for the cryptocurrency holder in anywhere in the world to purchase anything at anytime by using multiple currencies with easy steps
member
Activity: 252
Merit: 10
Mastercard is getting into the crypto game. It's patented "a method that would manage 'fractional reserves of blockchain currency Eventually, this patent will allow Mastercard users to buy and pay for goods with bitcoin instead of dollars and other forms of fiat currency.

https://www.cnbc.com/2018/07/17/bitcoin-above-7000.html

Good Good News coming into the Crypto space.
Better days are yet to come
It feels like cryptocurrency is a new way too compete with your competitors, like Samsung accepted cryptocurrency before Apple, like BMW accepted cryptocurrency before Audi, and now MasterCard.
jr. member
Activity: 224
Merit: 8
Mastercard is getting into the crypto game. It's patented "a method that would manage 'fractional reserves of blockchain currency Eventually, this patent will allow Mastercard users to buy and pay for goods with bitcoin instead of dollars and other forms of fiat currency.

https://www.cnbc.com/2018/07/17/bitcoin-above-7000.html

Good Good News coming into the Crypto space.
Better days are yet to come
Yes it is better to have a card that will carry crypto or hold and could be used in a certain establishment where in crypto is accepted. In this way cryptocurrency would be put into good use and it will be functioning as real currency that could be use a medium of exhchange. This could be the start and i guess there are other company to follow seeing that there could  be a good income on joining cryptocurrency.
newbie
Activity: 70
Merit: 0
This kind of news always makes us surprise and also this kind of news proves that we are on the right way and also increase the belief of everyone on crypto.
hero member
Activity: 2282
Merit: 659
Looking for gigs
Mastercard is getting into the crypto game. It's patented "a method that would manage 'fractional reserves of blockchain currency Eventually, this patent will allow Mastercard users to buy and pay for goods with bitcoin instead of dollars and other forms of fiat currency.

https://www.cnbc.com/2018/07/17/bitcoin-above-7000.html

Good Good News coming into the Crypto space.
Better days are yet to come

I would honestly think that they finally recognize the true potential of Bitcoin and how blockchain could help them in the future. At first, they had some misunderstanding about Bitcoin, but now they do and hopefully others would follow suit. I also hope this is a good sign of things to come for Bitcoin. Cheers!
sr. member
Activity: 1400
Merit: 273
The best days are yet to come. This is still a part of the beginning. In other words, we are still stepping one stone at a time. The world is slowly converted into Blockchain and Bitcoin is the foremost coin that everyone knows. Bitcoin will definitely become the main currency in the world. If MasterCard and other very popular businesses will embrace Bitcoin, the rest will certainly follow suit. To the rest who have no idea, this will at least nudge them to try to get to know Bitcoin more.
newbie
Activity: 308
Merit: 0
In this great prospects for this will come here all the big players.
newbie
Activity: 60
Merit: 0
The approach and the system is impressive but it will take time to reach every corner of the world but an excellent concept to expand cryptocurrencies all over the world. I hope I can get one sooner this is something everyone was waiting in the crypto community that allow to do more than trading and investing

newbie
Activity: 98
Merit: 0
Simply super! I'm glad that there is such news. And I very much hope that such similar and very promising projects will be more in the near future.
hero member
Activity: 3080
Merit: 603
Mastercard is getting into the crypto game. It's patented "a method that would manage 'fractional reserves of blockchain currency Eventually, this patent will allow Mastercard users to buy and pay for goods with bitcoin instead of dollars and other forms of fiat currency.

https://www.cnbc.com/2018/07/17/bitcoin-above-7000.html

Good Good News coming into the Crypto space.
Better days are yet to come

My asshole puckers when I hear these words in one sentence, " fractional reserves of blockchain " We saw what happened with fiat currencies and the global economy, when they applied Fractional-reserve banking, so I hope they are not trying this with Bitcoin now.  Roll Eyes

For those people who does not know what Fractional-reserve banking is, it is the practice whereby a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities. Reserves are held as currency in the bank, or as balances in the bank's accounts at the central bank.

Essentially creating money out of thin air.  Angry
It can be a good us for some that doesn't really know what they are into it.

Thanks for educating, so this can be the returning favor why they are going to start getting into the market. They have seen opportunity to make money of thin air. But still this can cause massive adoption.

I'm personally a big fan of the cards and master represents security so this will truly be a game changer any idea when it'll come out and which countries will it implement it in. We'll also have to consider fees that's also a important feature can they keep it low or not.
I'm not a fan of cards especially for credit cards.  Tongue
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
Mastercard is getting into the crypto game. It's patented "a method that would manage 'fractional reserves of blockchain currency Eventually, this patent will allow Mastercard users to buy and pay for goods with bitcoin instead of dollars and other forms of fiat currency.

https://www.cnbc.com/2018/07/17/bitcoin-above-7000.html

Good Good News coming into the Crypto space.
Better days are yet to come

My asshole puckers when I hear these words in one sentence, " fractional reserves of blockchain " We saw what happened with fiat currencies and the global economy, when they applied Fractional-reserve banking, so I hope they are not trying this with Bitcoin now.  Roll Eyes

For those people who does not know what Fractional-reserve banking is, it is the practice whereby a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities. Reserves are held as currency in the bank, or as balances in the bank's accounts at the central bank.

Essentially creating money out of thin air.  Angry
full member
Activity: 490
Merit: 100
It is high-time people start believing in cryptocurrency and blockchain technology. These are the new revolution to our financial system.
it's true this is a new breakthrough from MasterCard and this is their belief in blockchain technology and more and more people are knowing the use of blockchain will be more and more interested in cryptocurrency.
full member
Activity: 392
Merit: 100
This will be good for them and helpful for joining earlier to compete with other and will also make them have more edge than visa.
full member
Activity: 420
Merit: 101
Of course this is very good news, blockhain networks are increasingly widespread evidence of bitcoin is getting clearer. But whether prices will penetrate or more like last year is still a puzzle. In fact, the price of bitcoin will one day be stable in certain areas for a long time, although going up may not be too much.
hero member
Activity: 2646
Merit: 686
This is an insane news and will totally change bitcoins forever if it's truly implemented. I'm personally a big fan of the cards and master represents security so this will truly be a game changer any idea when it'll come out and which countries will it implement it in. We'll also have to consider fees that's also a important feature can they keep it low or not.
sr. member
Activity: 1330
Merit: 258
Mastercard is getting into the crypto game. It's patented "a method that would manage 'fractional reserves of blockchain currency Eventually, this patent will allow Mastercard users to buy and pay for goods with bitcoin instead of dollars and other forms of fiat currency.

https://www.cnbc.com/2018/07/17/bitcoin-above-7000.html

Good Good News coming into the Crypto space.
Better days are yet to come

Good news for us! Why is called crypto game?
I don't see when will be released it.
In any case is good sign for Bitcoin.
member
Activity: 420
Merit: 10
With MasterCard joining now it is the first step of a bank company to recognize crypto currency as a currency and give a positive view of government in each country...
full member
Activity: 403
Merit: 100
Now there are more company who recognized  crypto currency, im very excited that one day,  crypto currency are being use all over the world without exceptions, now even banks are want to get involve on crypto and this news has a big impact in all crypto currency. What a great news.
newbie
Activity: 29
Merit: 0
Mastercard accepts a digital currency that is authorized or developed by the central bank.
Mastercard will provide a money transfer system from the customer to the seller. The digital currency is government-sponsored.
hero member
Activity: 1834
Merit: 523
We know mastercard is big company and I believe if the mastercard partnership to cryptocurrency it is big effect because the user of the mastercard possible to use crypto too. A lot of good news this month happen to cryptocurrency and I hope next month will have a lot again.
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