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milaliss (OP)
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October 06, 2015, 08:09:54 PM
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MasterCard: Bitcoin will be part of the ecosystem
Bitcoin will have to evolve to be regulated and adopted by the world's financial systems, believes Ann Cairns, the president of international markets at MasterCard.
http://www.coinfox.info/news/legislation/3288-mastercard-bitcoin-will-be-part-of-ecosystem
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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October 07, 2015, 03:39:18 AM
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In the past Mastercard wasn't very positive towards Bitcoin. This article sounds like their position is neutral or even positive now.
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October 07, 2015, 04:20:45 AM
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theyve been against at first, but have been making posative intimations over the last 6-8 months or so. they are realizing btc isnt going away. "If you can't beat 'em...join em"

its all good
Proxiebuier
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October 08, 2015, 02:33:55 AM
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i think in future we can deposit to mastercard with bitcoin,
or maybe we can convert bitcoin to mastercard usd
Denker
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October 08, 2015, 11:03:42 AM
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Quote from: gogxmagog on October 07, 2015, 04:20:45 AM
theyve been against at first, but have been making posative intimations over the last 6-8 months or so. they are realizing btc isnt going away. "If you can't beat 'em...join em"

its all good

Right.If you can't beat Bitcoin it is better to deal with it.Furthermore credit companies will be the ones who will have to evolve in a completely new direction if they do't wanna end like Kodak or Blockbuster. Bitcoin will go it's way.
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October 08, 2015, 11:09:07 AM
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This is such good news, hopefully we can use our BTC much easier in the future
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October 08, 2015, 05:49:29 PM
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Great news for the crypto world.
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