Topic: Time to pack it up - page 2. (Read 4192 times)
this shows that Mastercard and companies like that find bitcoin as a serous threat to themselves that they attacked it this way. after all it is a competition involving millions of dollars every day.
MasterCard has just announced that Bitcoin is no good, last one to leave turn out the lights. LOL.
http://www.coindesk.com/mastercard-digital-currencys-risks-outweigh-the-benefits/
I am not surprise that MasterCard attack bitcoin as bitcoin maybe is the killer of mastercard.http://www.coindesk.com/mastercard-digital-currencys-risks-outweigh-the-benefits/
Bitcoin is another thing.
Sure bitcoin is not perfect and there is still a lot of work should be done.
But bitcoin has the potential to replace the falt .
Yes each and every company will attack its competitor when they see it as threat for their businesses and for their potential customers and mastercard did the same as they know that bitcoin is the future currency and can easily replace the fiat once the adoption level goes higher and higher.
MasterCard has just announced that Bitcoin is no good, last one to leave turn out the lights. LOL.
http://www.coindesk.com/mastercard-digital-currencys-risks-outweigh-the-benefits/
I am not surprise that MasterCard attack bitcoin as bitcoin maybe is the killer of mastercard.http://www.coindesk.com/mastercard-digital-currencys-risks-outweigh-the-benefits/
Bitcoin is another thing.
Sure bitcoin is not perfect and there is still a lot of work should be done.
But bitcoin has the potential to replace the falt .
look at this example Cost to merchant for accepting @MasterCard for coffee: 0.30 USD but Cost to accept @Bitcoin: 0.01 USD, that kind of things makes MasterCard in real trouble and they are in big doubt about their future, MasterCard losing their market share because of this amazing crypto currency.
u drinks the coolaid. Anybody been in corporate world long enough knows that companies adapt and be ruthless if survivial at stake. if btc at any point in danger of taking big chuncks of customner away from mastercard and visa, these compabies will react. they will cut their charge to retailers from your $0.30 down to $0.01 to match btc if they have to, lay off workforce to cut costs, they have most of the infrastruture in place now so can go lean on capital investment for a few years until they ride out the btc threat. Heck, they could even afford to PAY retailers for a short while. Folks, you all think in 2D, the big corps do 3D around ya. 
why visa isn't reacting in the same way, as a far as i know they have high fee too, they should discourage the use of bitcoin like mastercard is doing, maybe they are too busy to fight mastercard instead of caring about this...
look at this example Cost to merchant for accepting @MasterCard for coffee: 0.30 USD but Cost to accept @Bitcoin: 0.01 USD, that kind of things makes MasterCard in real trouble and they are in big doubt about their future, MasterCard losing their market share because of this amazing crypto currency.
Well the article is a total sound of desperation. It seems a like a desperate way of trying to keep their customers. LOL
Yes they are scared of loosing their customers and that is the reason why they are commenting negative regarding bitcoin. As more and more people are getting involved into the use of bitcoin it is a threat to mastercard's customers and that is the reason they are yelling loud at bitcoin
I propose anyone who believes in bitcoin and its promise to humanity must stop dealing with Mastercard.
Well the article is a total sound of desperation. It seems a like a desperate way of trying to keep their customers. LOL
Yes they are scared of loosing their customers and that is the reason why they are commenting negative regarding bitcoin. As more and more people are getting involved into the use of bitcoin it is a threat to mastercard's customers and that is the reason they are yelling loud at bitcoin
Well the article is a total sound of desperation. It seems a like a desperate way of trying to keep their customers. LOL
Hehe, Mastercard can cry more. Bitcoin is the future. They should adapt or step aside.
other than being used for payments mastercard/visa and bitcoin have nothing in common. who cares if they dont like it. its not going anywhere.
In the future Bitcoin will be a direct competitor with mastercard/visa because it can steal traffic from them. Why would you pay with a credit card when you can do it with Bitcoin at lower fees and worldwide.
not only lower fees, but lower general cost, with bitcoin you don't anything to sustain your wallet, with master card you pay just because you're holding their credit card/debit card or whatever it is
not to mention that bitcoin is a global currency with master card and visa you need to add additional fee for conversion from one fiat to another
this two thing alone should encourage people to adopt bitcoin, there is only the security issue left..
Bitcoin is more than a currency with it's innovation and revolutionary feature which gives freedom of use without any limitation all other oldies fiat currency method has limitation, Bitcoin is the best in all field when go to compare it with old payment method so there is Bitcoin has advantage with bright future.
other than being used for payments mastercard/visa and bitcoin have nothing in common. who cares if they dont like it. its not going anywhere.
In the future Bitcoin will be a direct competitor with mastercard/visa because it can steal traffic from them. Why would you pay with a credit card when you can do it with Bitcoin at lower fees and worldwide.
not only lower fees, but lower general cost, with bitcoin you don't anything to sustain your wallet, with master card you pay just because you're holding their credit card/debit card or whatever it is
not to mention that bitcoin is a global currency with master card and visa you need to add additional fee for conversion from one fiat to another
this two thing alone should encourage people to adopt bitcoin, there is only the security issue left..
They will bash Bitcoin, because they opened up a competing technology. I think it is called MasterPay.
They are in the attack phase now, because the ignore strategy did not work. We are not going away, and we will disrupt their business model. Uhmmm we already did, for them to come up with this new instant payment system.
Yeah because bitcoin will take over MasterPay, Paypal and other method that you can use. Because bitcoin is NOW the easiest way to transact a digital money. They are in the attack phase now, because the ignore strategy did not work. We are not going away, and we will disrupt their business model. Uhmmm we already did, for them to come up with this new instant payment system.
Mastercard has always attacked bitcoin, but it is obvious,if bitcoin succeed they would lose a lot of money
Excellent. I can hear them quaking in their boots. Most people don't realize just how expensive it is to use credit cards. IF they did then the cards would go out of business overnight.
If the competitors said something bad to Bitcoin, it means they was lost and couldn't do anything to facing it. Just wait and let's see how bitcoin developing.
The fear is already started for the mastercard as they have fear of loosing their customers to the bitcoins and I believe that if the competitor is saying bad about his competitor then the the product (bitcoin) is on the safe and right path and the future will take care of the rest.
other than being used for payments mastercard/visa and bitcoin have nothing in common. who cares if they dont like it. its not going anywhere.
In the future Bitcoin will be a direct competitor with mastercard/visa because it can steal traffic from them. Why would you pay with a credit card when you can do it with Bitcoin at lower fees and worldwide.
Huh! LOL. Of course MasterCard would attack Bitcoin, Bitcoin is competing with them, and they don't want to lose customers to Bitcoin.
Yes of course the competitors of bitcoin will attack it as the competitors views bitcoin as a threat to their potential customers and have a fear of loosing them as more and more people will start adopting bitcoin and doing a negative publicity about the competitor is not a new thing.
other than being used for payments mastercard/visa and bitcoin have nothing in common. who cares if they dont like it. its not going anywhere.
Jump to: