mastercard attacking Bitcoin

[oblivi]

Western Union will be the first to go, we already got them actually:




Imagine how irrelevant it will be in 10 years. Will it even exist? Maybe if they rebrand themselves and work under the blockchain they can somehow survive a post crypto environment.

[hunnaryb]

Western Union will be the first to go, we already got them actually:




Imagine how irrelevant it will be in 10 years. Will it even exist? Maybe if they rebrand themselves and work under the blockchain they can somehow survive a post crypto environment.

Well, thanks for sharing such an amazing and meaningful information, looking at the figures stated above I don't think that WU has a great future ahead, it would simply diminished, the only way to survive is they should lower their transaction cost, it could attract the customers.

[foxbitcoin]

Let's not for one second forget, how many people are buying bitcoins with credit cards now. So they still getting income from the bitcoin market

[VirosaGITS]

Let's not for one second forget, how many people are buying bitcoins with credit cards now. So they still getting income from the bitcoin market

Hmm, well kind of. Are you talking about the Circle service? I don't know other services.

I wouldnt say getting a processing fee is saying they get things from the bitcoin market. Unless you're saying they basically get a part of every market. In which case, i guess they get income from most market, at least in North America where people pay more often with CC than Debit.

[gripflierGO]

Western Union will be the first to go, we already got them actually:




Imagine how irrelevant it will be in 10 years. Will it even exist? Maybe if they rebrand themselves and work under the blockchain they can somehow survive a post crypto environment.

Well, thanks for sharing such an amazing and meaningful information, looking at the figures stated above I don't think that WU has a great future ahead, it would simply diminished, the only way to survive is they should lower their transaction cost, it could attract the customers.

Nothing is guaranteed, If WU doesn't guarantee you its existence in next 10 years, then neither Bitcoin does, It is simply unpredictable, It can go vice-versa also.

But Ofcourse, WU is fooling or rather we can say decepting their customers by charging such an heavy transaction cost, and that is the main reason that people have reduced their transactions at WU.

[futurebit640]

It is in their best interests at this juncture to keep it as Bitcoin underground as possible, in the hope that regulations/some other event will ultimately strangle bitcoin's potential.

[tommorisonwebdesign]

I don't see these credit card companies lasting long 20 years from now, Cryptocurrency will wipe out master card and visa because the interest rates are low. It's only a matter of time.

[EternalWingsofGod]

Western Union will be the first to go, we already got them actually:




Imagine how irrelevant it will be in 10 years. Will it even exist? Maybe if they rebrand themselves and work under the blockchain they can somehow survive a post crypto environment.

Well, thanks for sharing such an amazing and meaningful information, looking at the figures stated above I don't think that WU has a great future ahead, it would simply diminished, the only way to survive is they should lower their transaction cost, it could attract the customers.

Well in that week it managed to surpass WU.
Considering all the advertising and costs associated with WU's revenue model that is quite the impressive feat for Bitcoin.

[richardsNY]

I don't see these credit card companies lasting long 20 years from now, Cryptocurrency will wipe out master card and visa because the interest rates are low. It's only a matter of time.

They won't go away just because crypto currencies have low fees. They will just create their own blockchain at some point to get all the benefits from it without losing any control.

[VirosaGITS]

I don't see these credit card companies lasting long 20 years from now, Cryptocurrency will wipe out master card and visa because the interest rates are low. It's only a matter of time.

They won't go away just because crypto currencies have low fees. They will just create their own blockchain at some point to get all the benefits from it without losing any control.

What does them having a blockchain have anything to do with it?

[bitcoin revo]

Mastercard just frustrated , Bitcoin is the future

[centauribit]

Now you can see that they noticed grow of bitcoin an started to take actions. It is better to start campaign against BTC while bitcoin is not totally mainstream and user base is not that big