Mastercard Presidents perspective on Bitcoin

[Sheldor333]

It's good that they notice us. It's bad that they see us a threat, because they might lobby for something that would work to our disadvantage. That is how it works.

[bitllionaire]

what could you wait for him to say about a technology that is better than his enterprise and it's free?

[kingkedi]

how long they wnat to earn by charges already they ruled the cards world like debit,credit.people prefer lesser charged ones but yet they have demand still because they cant be vanished i.e mastrcard cannot be eliminated completely i think

[raskul]

he rambles on about moving to a cashless society.
what a genius idea.
BTC
welcome to the future!

[spiller]

... probably No Pants  

[OrientA]

he rambles on about moving to a cashless society.
what a genius idea.
BTC
welcome to the future!

Indeed digital coins are the future.

[Flashman]

because they might lobby for something that would work to our disadvantage. That is how it works.

They might serve the ball, but we get to apply a different spin... i.e. "Level playing field then, ALL accepters of digitally or electronically transferred cash substitutes, should have full MSB license and do AML/KYC....otherwise pedos might be able to buy candy and duct tape with a stolen CC."

There's a hell of a lot of stuff they would like to propose that we can hold the mirror up for. Hell of a lot of stuff that "sounds like common sense" that we could throw at them. "15% tax on credit card tx to compensate law enforcement for assisting with stolen cards and fraud"