Is master card giving us the go ahead to keep buying coins

[Febo]

Master card a basic credit card has promised to transact in crypto currency later this year. Although there weren't specific on which coin there going to list on their cards but we believe strongly a hand full of crypto currencies would be transacted using master card just the same way we do direct transactions from our traditional banking system.

You will not be able to transact any Bitcoin with help of Mastercard. They will let you buy imaginary Bitcoins on your master card account. You will not able to withdraw them or deposit. All you will be able to do is speculate about their value.

[darewaller]

You will not be able to transact any Bitcoin with help of Mastercard. They will let you buy imaginary Bitcoins on your master card account. You will not able to withdraw them or deposit. All you will be able to do is speculate about their value.

Is it? I am seeing on few exchanges are also doing that. For example in my local exchange, I cannot deposit or withdraw dogecoins but I'm able to trade dogecoins for USDT. They are saying some reason why they have not enabled the deposit and withdraw functionality for dogecoins. I am just hearing about same thing with mastercard as well. Anyhow, we can expect MasterCard to add deposit and withdraw functionality for bitcoins in near future so that people who will able to buy/sell bitcoins more conveniently.

[iv4n]

You will not be able to transact any Bitcoin with help of Mastercard. They will let you buy imaginary Bitcoins on your master card account. You will not able to withdraw them or deposit. All you will be able to do is speculate about their value.

Is it? I am seeing on few exchanges are also doing that. For example in my local exchange, I cannot deposit or withdraw dogecoins but I'm able to trade dogecoins for USDT. They are saying some reason why they have not enabled the deposit and withdraw functionality for dogecoins. I am just hearing about same thing with mastercard as well. Anyhow, we can expect MasterCard to add deposit and withdraw functionality for bitcoins in near future so that people who will able to buy/sell bitcoins more conveniently.

This reminds me of the PayPal situation! They are doing something similar...

In any case, and from any side, those third-party services will have to change the ways they operate if they wish to be ready for the future that's coming! And in that future, there will not be a need for some third-party services that have only one purpose, to transact money, we are able to do it now without them already! They are becoming obsolete!

Well, all third-party services that earn from the transaction fees (a lot) to move money from one place to another are big companies, with huge capital! And I guess when you have a lot of money you can easily transform your company and start offering more popular services...

[so98nn]

It’s breath taking how giant financial based companies are accepting the crypto currency trend. They will do this to keep up the spark of their customers and trust in their firms. The technology is ever changing and it needs to be adopted if people love it and this one is great example of the same. Master card will be flash card for the crypto space and it will move the coins and it’s market cap to whole new dimension. So I’m pretty interested in this project and just hope that they will tell all the governments there is always a middle point where you can meet and taste both of the worlds. 

[goldade]

I think Mastercard is doing just that with this awesome move of theirs. It's super amazing seeing big and successful financial institutions adopting bitcoin and other cryptocurrencies.  It shows they are ready evolve just the way the world is evolving technologically.  If they don't get on the train, they'd only get left behind which isn't so good for business.
I believe they start accepting bitcoin and other crypto but I don't think they'll rule out fiat currencies as an option. Not everyone is involved with crypto and they also need to satisfy the needs of those ones too. Else they'd wobble as though they are walking on a leg