Bitcoin Forum

Anyone seen the article by MasterCard? Nothing give me more inspiration like the intro - "Whatever your opinions on cryptocurrencies — from a dyed-in-wool fanatic to utter skeptic — the fact remains that these digital assets are becoming a more important part of the payments world."

MasterCard also talked about how people should have control over their money because it's theirs -  "We are here to enable customers, merchants and businesses to move digital value — traditional or crypto — however they want. It should be your choice, it’s your money."

I feel pleased to see how unstoppable Bitcoin becomes on a daily basis. As I once said, the chances of Bitcoin going down reduces every single day. More investors, More adoption, More users.... And so on.
This year will be great for Bitcoin! We think last year was the best? Didn't you read the new about Tesla?!
Looking forward to more big companies adopting Bitcoin.

Read: https://www.mastercard.com/news/perspectives/2021/why-mastercard-is-bringing-crypto-onto-our-network/ (https://www.mastercard.com/news/perspectives/2021/why-mastercard-is-bringing-crypto-onto-our-network/)

Right, when Paypal join crypto, just a matter of time before Visa or Mastercard rushing and preparing their infrastructure for a massive upgrade to cover bitcoin and other crypto as another payment method.

Although bitcoin is really growing, doesn't mean that it will not go down. It is still one of the best investments but at the risk is still there. But this is welcoming news indeed, but the biggest news is still Elon Musk and Tesla investing into bitcoin.

The best is yet to come. We're very overwhelmed with the adoption that was just announced and it's not the final thing to see, there's still some good news in store for bitcoin and for the cryptocurrencies in general.

Those rumors are becoming real. Once Mastercard has already adopted bitcoin, we will see the reaction of other big companies that are still in doubt about accepting and adopting bitcoin. There's this now the Tesla domino effect.

Well I guess it's enough to say Bitcoin adoption isn't stopping since. As you notice every year Bitcoin was gradually increasing its value even before the 2017 ATH and 2021 ATH.
This year is different because big investors like institution and billionaires realized how Bitcoin was so successful and it's continued adoption and popularity.

No doubts that there's risk. But the risk keeps on reducing as more investors and users troop in. The more it has value(I do not mean price value though), the less risky it is.

Adoption has just begun that is why we are going to expect something great to come very soon. This kind of news makes doubtful individual to make a move and invest. Investors keep on rising every single day same with the adoption.

But if the adoption was with a payment platform, it wouldn't make the bitcoin market any better. good, because bitcoin will probably be even more functional as an online payment, but the percentage increase in the market may not be this big.

Bitcoin adoption really don't stop even way back then, many people are adapting the bitcoin and cryptocurrency because they see that there are so many famous people who is using and investing on bitcoin just like for example Elon Musk who is the richest man in the world invest in bitcoin. Many people are starting to adopt this bitcoin due to many people are currently accepting it as an investment form. Soon billionaires and millionaires will invest in bitcoin and also will adopt it.

The adoption Bitcoin  and altcoins is getting wider by the day. Institution and financial bodies are gradually getting on board. I think, Cryptocurrency have to stay.

More trust = more acceptance.
Part of the development is the increasing acceptance of crypto money in business. It's still not that easy at the moment, but bitcoin shouldn't be a paycoin either. But more and more people are accepting BTC on the internet and in physical stores. Bitcoin and other cryptocurrencies have established themselves as investments, a trend that investors such as banks and companies are increasingly jumping on.

In Germany, more and more well-known companies are accepting Bitcoin as a means of payment. These include, for example, Lieferando, Microsoft and Greenpeace or gambling providers increasingly lure with online casino bonuses if you want to pay in Bitcoin.

We are still a decade old but we have seen soo much difference when it comes to recognition and adoption which isnt really similar into those early years here on crypto.
It isnt really stopping and there's no doubt with that because we wont be reaching out these prices and entire market cap if we dont really make out some progress or development.
Sooner or later we would see more merchants and companies will really be integrating cryptocurrencies into their businesses even though it might not turns out to be in full
scale due to different government perceptions and views but at least there are still whom do really considering it out which is really a good news for us crypto supporters.

It will be best if many will start early, the moment thatI started to trust crypto especially bitcoin as an investment is already a best decision and maybe also to other users. As the community and users keeps on growing many will be inspire more to study and start investing seeing how many individuals changed life through its adoption. It will keep growing and growing as if it’s already normal to buy, trade and hold bitcoin as well cryptocurrency. Hopefully, it can be more o use in real life usage or atleast a easier access when like having more crypto atm that can be used when there’s a need for cashout.

It's great to see someone who actually shares my joy when I saw the news today. I am especially glad because this is coming from MasterCard, a renowned financial institution. I am glad that Mastercard have finally see the benefits of having control over one's money and the other numerous benefits bitcoin and other cryptocurrencies offer to us.
Believe me you, there will other companies that will follow suit. Mastercard has taken a giant leap  and several will follow in its footsteps. I am sure this will accelerate the adoption of bitcoin in the mainstream world

Definitely, according to what Microstrategy investment said about bitcoin making it to the $10Tr there is  a possibility that it volatility will drop very minimal while some quarters said when it CMC reaches towards $100Tr then we can ruin out the issue of volatility and the risk level we see today won't exist IMO. Within these movement be rest assure that it price will always go sideways.  It adoption level wasn't as it was before the 2017, there is fast moving of this investment among institutional investors.

More than 1 month and a half from this and what happened? Nothing?
I am glad to read such news but I am very sceptic about Mastercard. They were very anti-crypto, blocking every cent coming from Bitcoin then they announced that they will adopt it. Hmm we will see.

I don't usually like to use market cap as a metric to judge progress, but Bitcoin became one of the fastest assets to reach a trillion dollars market cap, reflecting the trust people having on it and their willingness to buy regardless of the price changes; 11 years ago, investors were willing to pay $10 for 1 Bitcoin, today they'll pay $60k for that exact same Bitcoin.

There is a lot of room for improvement as we're still in the very early phases of adoption, there are a lot more retail and institutional investment that can get sucked up by Bitcoin.

True that. The best is yet to come for Bitcoin and the entire crypto space. I believe that even at the current user size and our current pace, it would take a couple more years before we get full adoption of cryptocurrencies. We are likely seeing the second wave of adoption that's why we see so many new firms and funds getting attracted to crypto. With time, we would see crypto being used at a global scale.


Similarly, in Nigeria, Bitcoin is now used as a means of exchange for Quid Pro Quid deals. The fact that Bitcoin payments are borderless without those business days delays and middlemen regardless of transactions bottlenecks here and there. Soon, it won't be long now.

No way it's stopping especially now that it has received more traction from the people of the internet. If anything the rate of it's adoption is so fast we can say it is viral at this point. Biggest contributor for such eventuality is of course it's current price which hasn't dropped severely after reaching 60k. Another is the active participation of a few personalities over the internet in letting people know about the wonders of bitcoin, with Elon spearheading such movement.

The investment of Elon Musk has made huge and positive impact on bitcoin which also help its value to keep on the rise. Not only that, big institutional investors are now investing in bitcoin so months or years from now, bitcoin usage will be more in demand to the people. Its adoption will never stop and will continue to upgrade until bitcoin price would come to its peak.

This year has been the best Bitcoin year, not only this year Bitcoin reached the ATH price, but the Bitcoin adoption process has grown very rapidly.
It's no wonder that finally Visa and Mastercard who adopted Bitcoin followed Paypal, which first joined cryptocurrency. Especially now that Tesla is
not only investing in Bitcoin but accepting Bitcoin payments as well. So Bitcoin adoption will not stop, but it will continue to advance more faster.

As more and more companies or businesses start or prepare to use cryptocurrencies for transactions, the addition of this payment option may herald more widespread use of bitcoin, but it at least gives the current cryptocurrency market a shot in the arm.

no one can buck the bitcoin trend and it will finally be accepted by lots of constitutions and countries. Satoshi's idea is genius and brought tremendous progress to the world and increasing people are coming to the realization. it's unstoppable. for us ordinary people, we should put part of our savings in bitcoin investment. just part of it and it depends on your total wealth.  ;D

It all started when the post halving happened which results for having the new ATH and follower by the PayPal that also accepts bitcoin and that is good because PayPal is being used all over the world. A lot of companies also start accepting bitcoin or keep on buying bitcoin for some of their investments. We can see mass adoption for bitcoin in the future and that could be for sure.

Mastercard has to hurry to develop theirs because Visa is already ahead of them. Visa had announced already they have successfully made their first transaction using USD Coin in ETH blockchain and probably be launched soon. Adoption has indeed come taking place while we are here alive still. I never thought its going to take just a decade for it to be adopted in big institutions. It looks very rapid.

Yup, Lately, with Tesla's adoption of bitcoin turned into a huge bang that completely changes the contradictions and obstacles in the history of bitcoin. At the same time, it was responded by a large number of communities. That is the best we have thought of over the years. VISA is filling the gap of USD when accepting USDC.
Even Jack Dorsey, Kjell Inge Rokke are also calling and supporting bitcoin. Mastercard, Bank of New York Mellon Corp is accelerating regulations for early bitcoin adoption. Everything seems to push bitcoin to move to 100k $ :))

Have you heard the first Visa transactions that has been completed? I think it pushes the price of bitcoin in a short period of time.

Bitcoin adoption is unstoppable we all know that, especially that people are getting more practical day by day and bitcoin is a feasible tool to fight inflation.

We need to adopt every single day so that we can be updated on what's happening in our environment, economy, and etc. Being passive will really not make us successful, especially that if we only rely on something that we are seeing. Exploring bitcoin and studying it on how to invest with it is really beneficial to our own financial income and stability.

I agree with that statement because that is our money and we need to control by ourselves and have our own choice of how to use that money. So if MasterCard can successfully integrate with the blockchain, that will bring more investors who will come to use crypto for the option of the payment system and the investment part.

It proves to us that bitcoin adoption is still working on the right progress and it is not stopped and I am sure this year will be the time for bitcoin to reach more people out there to invest in bitcoin.

Cryptocurrency adoption still continue to rise in different fields like tourism, real estate, online financial institutions, companies. As we can see, cashless society begun to adopt in certain countries making bitcoin and other crypto payments be known for it's great use and conveniency.

Of course, adoption means putting more regulations on it. As time goes by that people wanted to be part of this great technology, regulations are widely been taken place.

Credit card companies should face the reality that traditional payment methods are slowly being replaced by Crypto currencies. They can decide to go the Kodak route and simply ignore it and then eventually be disrupted or they can embrace it and adapt to the changing financial environment and thrive with it.

First they ignore you.... then they laugh at you.... then they fight you.... then they start buying Bitcoin!  8)

Adapt or die... the ball is now in their hands. They have exploited customers for years with high interest rates and fees ...now customers have an alternative payment option....and the customers are taking the power away from them.  ;D

Bitcoin keeps on improving time by time, and this is such a good thing for every bitcoiners in the world, maybe we could see more than this in the upcoming months, so let us not waste the opportunity to buy and hold it until a lot of companies may also find bitcoin as a great asset in the world. I always find happiness whenever there is news like this because it also shows that bitcoin could go up anytime.

Quite rapid adoption to be honest.
Didn't expect that another digital payment system would implement another that would be able to do p2p transaction.
Isn't it kinda being against their own that Bitcoin exist?
Bitcoin is decentralized while theirs aren't.

They are both developing crypto solutions side by side, I think if you see the news BOTH Visa and Mastercard have almost very similar projects for incubators going on and both taking on new blockchain projects. They both also now supply credit cards directly to crypto companies, in the last years, so yes,,, very impressive figures from both sides. They cannot afford to be left behind you see:)

Crypto is the future, it's always evolving with the times. For those with an open view this is a real revolution. PayPal and Mastercard have thought smart by recognizing Bitcoin. Although of the many prohibits it, I think it is just a matter of time to legalize it, even though it is only an asset, not a currency. The problem regarding the profit and loss of crypto is actually all currencies either paper currency or metal have flaws so I think all will adjust.

Bitcoin adoption is not stopping and it will continue like this too. As long as there are more companies and even governments which do things for the benefit of the adoption, there is no way for it to stop. For example, VISA wasn't even seeing Bitcoin as a payment method before but they are now working for integrating their system with Bitcoin.

When big financial intitutions already joined the party, now it’s the time for government to learn more about this situation, how they can takes taxes for this party  ;D
Big institutions is the key for bitcoin to accepted without any strictness. Yeah you know, big institutions are goverment’s friends. They both takes and gives money.

It is great that lots of big companies started accepting Bitcoin or at least started noticing it. Personally I do not adore Musk, his steps sometimes looks strange. But it was a good decision to allow people to buy vehicles of his company via Bitcoins. At least for  crypto world and large businesses it gave a positive signal.

It is a continuous process and progress with the crypto community now that many people that includes new investors and big institutions are tagging along to the mass adoption of Bitcoin this will surely not get into stop since many have already realized the importance and benefits that it can provide to many. We are still just starting and many things will surely come in the near future and it is just great that we are seeing and participating into this progress. Looking forward for great things to come not just with Bitcoin but as well as into the whole cryptocurrency community as well.

Lol, I can relate to this when I start talking to my friend regarding Bitcoin investment back then about two years ago, they'd laugh at me.
But now when the price pumped too much, they ask and asking a tip how can they earn through using Bitcoin but sorry I already ignored them.

I tend to agree the OP Bitcoin adoption won't stop, there are big private companies and big institutions or even single investors who want to ride this great opportunity of making a profit in the long term of holding.

I don't know if it's a coincidence when a pandemic hits the whole world and everyone needs to use a digital currency to avoid physical contact and Bitcoin is one potential that can be used and until now there are many people who keep using it.  Otherwise, some of them thinking that storing value is more appropriate when looking at the profit of Bitcoin.

And on the early days, there were speculations and thoughts of those "what if" a known payment processor starts to adopt bitcoin and adds it to their platform. Now, they've all come into reality and all of those early investors that had thought about it have seen it happening.

But there will always be those people that despite the adoption that happens, they're going to bring FUD to everyone.

Just like this: Ray Dalio Warns Governments May Try to Ban BTC (https://www.livebitcoinnews.com/ray-dalio-warns-governments-may-try-to-ban-btc/)

So far most bitcoin cards I have seen belonged to Visa flag. It seems MasterCard doesn't want to stay behind and started implementing crypto adoption as well. And big companies always bring more big companies with them as they want to stay competitive among themselves. That is good for crypto universe these companies are moving here to bring more money and incentive more people to use bitcoin.

The PayPal adoption of bitcoin, etheruem, litecoin to its payment platform for customers is also generating some bull for the market. Although PayPal is still selective in its customers because some countries are still restricted like Nigeria who doesn't have full capacity to transact through PayPal. I'm believing that soon Nigerian community will have full access to its platform and this will boost the adoption rate as Nigerians in other countries can easily switch to it.

Bitcoin is leading a financial change of structure from analogue, digital and cryptocurrency supporting the traditional laboured system that cage individuals with government control. The institutions are accepting to adopt bitcoin in their platforms, the whole financial system is changing with bitcoin that was exchanged for a pizza  ;D  :o

Bitcoin adoption is unstoppable. Slowly but surely, these companies are going to start adopt and acknowledge Bitcoin. We just have to continue educating the masses about the real and positive use cases of Bitcoin and cryptocurrencies. It doesn’t matter how long will they adopt, as long we keep educating them, it’s way better than nothing at all.

True, I have heared about Paypal adoption days ago. These giants are doing their best to adapt themselves to the innovations of the sector that fully involves bitcoin. With so many new payments apps and platforms emerging it was just a matter of time until big brands adopted bitcoin too, as they don't want to lose customers. :)

That is how it should be, bitcoin won't progress if there is no adoption. @cheezcarlz got a point, we need to educate the people about cryptocurrency and bitcoin because it can help speed up the adoption of bitcoin.

Payment services accepted Bitcoin and cryptocurrencies. Just this week we have news regarding Paypal, Visa accepting cryptocurrencies, and today it is Goldman Sach's turn to deliver Bitcoin to their customers. Bitcoin is being widely accepted around the world and through many large institutions. During the period from the beginning of 2021 until now, Bitcoin has spread on almost all news sites from all over the world.

Not only with Paypal they are entering for US citizens, there is also a whole scheme of greater Safe Haven over Gold, in an article they review it:

https://i.imgur.com/JdVduVI.png

And they have a clear theory that gold is losing ground to Bitcoin.

https://i.imgur.com/NTzTMiP.png


Source: https://cointelegraph.com/news/bitcoin-is-outshining-gold-in-the-battle-of-the-safe-havens (https://cointelegraph.com/news/bitcoin-is-outshining-gold-in-the-battle-of-the-safe-havens)

The year 2020 was undoubtedly a very good year for Gold, but in 2021 bitcoin is setting the tone.

Its probably not gonna stop now specially with the move Visa, Paypal, and Tesla have made. The decisions this companies have made and will be doing will be rippling through every possible platforms in which Cryptocurrencies can be integrated. Adoption is a good thing but governments needs to study it so they wont get left behind when someone wants to exploit the use of Cryptocurrencies. They should be able to address certain problems that Cryptos can bring and the only way they can do it is by implementing it by themselves.

Bitcoin is widely used today because of different promotions, popularity, trends, etc the bitcoin becomes one of the top known investment of course we are heading on the future, and adopting the use of the bitcoin is a good choice we have right now why not go with the trend having an online transaction without hassle just send the wallet address and the specific amount and a few moments later you got your Bitcoin or paid with the use of the bitcoin. I think for the upcoming years the bitcoin will not widely be adopted in different parts of the world.

Ohh, yeah... I totally agree. The adoption for crypto has never been so active. We now have institutions like Paypal and even VISA trying to get onto the crypto ride. Which is great. It shows promise to the current crypto investors and helps add credibility to the space...

I can only see this space growing, day by day ;)

This year will definitely be great. Bitcoin has reached an ATH over 60K this month. So many big companies including Tesla invested in Bitcoin and still continue to do so. There are even rumours like governments also want to invest in Bitcoin. I can't wait to see Bitcoin price and the adoption reaching higher levels.

The future of bitcoin is still uncertain, but the latest developments from various well-known companies have started claiming to use bitcoin as a transaction tool such as Tesla and PayPal, and the US central bank which is also called The Federal Reserve recently issued a statement they will issue digital currency.
I think bitcoin adoption will continue to grow and what we are seeing, bitcoin users continue to increase from all walks of life.

For a new innovation and a revolutionary type of project then you could really expect these things to happen.Adoption is indeed moving and it can really be seen on our very own eyes on
how we've become this big after all the years we've been staying and dealing with this market.

Majority of people might be seeing the incoming or profiting side of things but we shouldnt forget on whats the main reason of its existence which is basically
on that decentralized p2p payment system that no other system could beat out.

We wont really becoming this big if those features doesnt exist in the first place.It is just great to look at on how far we've able to reach out.

Absolutely...
Bitcoin adoption had no reason to stop and that it keeps spreading. This huge market adoption from the known companies and influential people will brag more for the others to do as well. Like this banks have the option to take the risk (and I believe it is a must for now) or otherwise, they will be left behind. And this kind of change is a part of the economic and market innovation that could give benefits to everyone.

https://coingeek.com/federal-reserve-2021-is-the-year-we-will-engage-the-public-on-digital-dollar/

Because of this pandemic, the usage as a payment method has increased. As we are already going to digital, they found out that crypto is one good alternative in the payment sector. So right now, the adoption is truly growing as more companies are discovering this usage. With Tesla and PayPal's public announcement, a lot of entities are inspired to follow their tracks and their confidence in crypto is now better. Few years from now, maybe we will see more local shops to include crypto in their payment method.

With more and more people seeing bitcoin's worth there's no reason it has to stop. Add to it the fact that bitcoin grew in value dramatically, which of course enticed outsiders into investing to the crypto giant. It's not going to take long until all people in this planet with a working internet hears about bitcoin, and a few more years/decades after that I see everyone trying their best to get bitcoins themselves. It's just a matter of time.