Good news through Mastercard.

[Botnake]

This makes the adoption getting bigger and we should celebrate by now.

Mastercard is a billion-dollar company, according to this article, https://www.macrotrends.net/stocks/charts/MA/mastercard/net-worth, its net worth as of October 26, 2021, rises to $356.09B, imagine how much money would circulate in the network of this company and how easy crypto transactions would be using one of the biggest financial company in the world.

From the very beginning, they announce accepting crypto, I can already see the huge impact in the future and we should consider this reason as the basis for still holding bitcoin long term.

Mastercard is preparing to announce that any of the thousands of banks and millions of merchants on its payments network can soon integrate crypto into their products, CNBC has learned.

Read full :
Mastercard says any bank or merchant on its vast network can soon offer crypto services

[Vaskiy]

This is just business and it has found the increase in the usage of bitcoin and other cryptocurrencies. For business growth it is always a must to move with the market trend and understanding the people's need. MasterCard is a billion dollar company, and it makes the largest number of transactions per second. If this has adopted cryptocurrency directly then it would've impacted the market big. What it has been doing is having third party services like bitpay that does the conversion of bitcoin and provides in fiat.

Mastercard doesn't have plans of receiving/accumulation of bitcoin. It has broadened it's business and not into real adoption.

Source : mastercard.com

[Imran232]

Well, if MasterCard adopted crypto, then crypto would be more user-friendly for normal users too. Some companies are trying to create crypto cards. And they have had little success too, like on crypto.org. These cards are people’s favorites, and some companies are coming. So people are really friendly with card payment. So if the world's biggest card payment service provider is interrogated with cryptography, then crypto and card payments will control the world's payment service. Do you believe what I believe, guys?I think lots of people's opinions will be the same as mine. Let me know what you think too.

[yazher]

I heard of Visa and now we have Mastercard working to reach their hands in the crypto industry. this kind of news itself is healthy for the crypto market. I think it's best for them to start working on it since PayPal has already done the same and they are on their way to success.

Looks like the least we can do is to support them when they start implementing this plan and as a MasterCard user myself, this is great news and I'm hoping to try it as soon as they released it.

[Natalim]

Looks like the least we can do is to support them when they start implementing this plan and as a MasterCard user myself, this is great news and I'm hoping to try it as soon as they released it.

Their client will support it because they have a big number of clients, they would still do the same transaction, it's just that there's some addition which is crypto, just like a store that accepts online digital payment like Paypal and then they added crypto for the currency they are accepting.

It's the adoption that will make this crypto market a better world to play, more adoption would result in less manipulation, and we hope it will happen in the long run.

[MIner1448]

This news will surely shock the world very much if it does happen.
Bitcoin, I think, will burst upward in its price tag, it will be an unattainable asset for a low class, because its value will not be attractive to small investors. In general, this news from the master card is a step into the future of transactions.

[habebe]

before i heard bitcoin about one bank that related to bitcoin crypto currency im so excited because its easy to process our bitcoin  and again i heard about mastercard wow,, its nice to hear that hopefully mastercard can work together in crypto currency as well..

[avikz]

Just wise business sense! Bitcoin is one of the most sought after asset of this decade and everyone wants their cut from the cake. But this is what we really need to celebrate because mastercard is not going to make investment into bitcoin and make it more centralized rather they are going to enable crypto transactions into their super established network.

So everyone within their network can transact crypto within their network. This is something big for the future of crypto adoption.

[dbc23]

Every financial institution is trying hard to position themselves in line with cryptocurrency adoption. I'm not surprised we would still get to see more adoption coming up not long from now. But in the meantime it's a good innovation and a start of a bigger era for Bitcoin in general and a signal to hold on the more to our coins

[Leviathan.007]

There is also another topic about this case and this article in the forum. Visa and Mastercard using/accepting bitcoin were always expected to many people because these payment methods are being used by many people all over the world and bitcoin are recently getting used as a payment method and this will provide many features to the users of this method. So, this was always expected to see in order to don't lose the consumers and don't let them abandon these payment methods to crypto, Mastercard doing such a thing for thisown benefits.

[javainn]

This is just business and it has found the increase in the usage of bitcoin and other cryptocurrencies. For business growth it is always a must to move with the market trend and understanding the people's need. MasterCard is a billion dollar company, and it makes the largest number of transactions per second. If this has adopted cryptocurrency directly then it would've impacted the market big. What it has been doing is having third party services like bitpay that does the conversion of bitcoin and provides in fiat.

Mastercard doesn't have plans of receiving/accumulation of bitcoin. It has broadened it's business and not into real adoption.

Source : mastercard.com

This is something to be aware of, maybe Mastercard at the beginning of merging with crypto has a positive effect.  however, with such a large influence mastercard can create a shock in the crypto market and this is something to watch out for.  because shocks in the crypto market can affect prices

[michellee]

If that news is real, we may see a good thing will happen to the crypto as Mastercard has many customers interested in the crypto. It could attract their attention to invest in crypto or just buy and sell the crypto using their card in the exchanges, which can boost the crypto popularity. With Visa and now Mastercard, that can help the crypto get more users involved in crypto and hopefully, that can lift the price to increase.

[GamblersArea]

Ever since Paypal opened its gates to crypto, the rest will have to follow. We can probably expect even further development in the future. Likely more than we even anticipate.

[molsewid]

There is also another topic about this case and this article in the forum. Visa and Mastercard using/accepting bitcoin were always expected to many people because these payment methods are being used by many people all over the world and bitcoin are recently getting used as a payment method and this will provide many features to the users of this method. So, this was always expected to see in order to don't lose the consumers and don't let them abandon these payment methods to crypto, Mastercard doing such a thing for thisown benefits.

I haven't encountered related topic aside from this thread but this kind of news or information was delighted me because this was another breakthrough for bitcoin and for the crypto platform in general. On the other hand it is also expected that slowly and step by step many business establishments will going to adopt digital finance in the circulation of their business, it might be looks like a business strategy for them to be able to catch up on the newest trend but this is a good and positive view for the crypto itself.

[davis196]

Mastercard might adopt crypto,but that doesn't necessarily mean that they will adopt Bitcoin.
They might decide to adopt some altcoin or token.They might create their own "mastercardcoin".
I couldn't care less about this kind of adoption.

If that news is real, we may see a good thing will happen to the crypto as Mastercard has many customers interested in the crypto. It could attract their attention to invest in crypto or just buy and sell the crypto using their card in the exchanges, which can boost the crypto popularity. With Visa and now Mastercard, that can help the crypto get more users involved in crypto and hopefully, that can lift the price to increase.

The news about Mastercard might sound bullish for the crypto industry,but I'm very cautious about such news.Last year,everyone was excited about Paypal becoming crypto friendly,but the whole Paypal adoption was just a gimmick designed to fool the cryptocurrency enthusiasts.Paypal isn't crypto friendly and it never will be.Nobody can withdraw any cryptocurrencies from his/her Paypal account.
If the Mastercard crypto adoption looks like the Paypal crypto adoption,then I'm not that enthusiastic about it..

[dansus021]

Visa already accept crypto for their settlement   using stable coin according this article https://www.investopedia.com/visa-adds-cryptocurrency-to-its-settlement-platform-5181149

but i think using crypto as settlement transaction is better that transfer bank to bank from one country to other, is way more fast and transparent and cheap right

[o48o]

This news will surely shock the world very much if it does happen.
Bitcoin, I think, will burst upward in its price tag, it will be an unattainable asset for a low class, because its value will not be attractive to small investors. In general, this news from the master card is a step into the future of transactions.

It's cool and good for the whole crypto adoption (unless you are those old cryptopunk anarchists that would like to keep cryptos seperate from current financial system), but it doesn't shock anyone. There already are companies that issue visa and mastercard crypto debit cards, only difference is that now they are partnering with Bakkt. And only reason i haven't taken the mastercard yet is because my free visa crypto debt card works just fine in everywhere.

[Bitstar_coin]

It may not appear as many people would want but to me I think it is still a positive news to the crypto community, Mastercard is a huge payment company and which means can bring more people into crypto if possible, many new comers will have the opportunity to spend crypto easily, crypto adoption is spreading slow and steady.

[Sterbens]

This announcement was planned a few months ago by MasterCard, and they also said that the end of the year will start by including crypto payments for its users. This provides good news for crypto flows and will also easily lead to price increases in the market. Like when PayPal accepted Bitcoin at the time, which was the starting point for 2021.

Happy to welcome the adoption of MasterCard which is currently being implemented, hopefully good news for the crypto market, especially Bitcoin.

[michellee]

If that news is real, we may see a good thing will happen to the crypto as Mastercard has many customers interested in the crypto. It could attract their attention to invest in crypto or just buy and sell the crypto using their card in the exchanges, which can boost the crypto popularity. With Visa and now Mastercard, that can help the crypto get more users involved in crypto and hopefully, that can lift the price to increase.

The news about Mastercard might sound bullish for the crypto industry,but I'm very cautious about such news.Last year,everyone was excited about Paypal becoming crypto friendly,but the whole Paypal adoption was just a gimmick designed to fool the cryptocurrency enthusiasts.Paypal isn't crypto friendly and it never will be.Nobody can withdraw any cryptocurrencies from his/her Paypal account.
If the Mastercard crypto adoption looks like the Paypal crypto adoption,then I'm not that enthusiastic about it..

Maybe we should be neutrally related to that news to clearly see what will happen after the news releases. I think Mastercard's official website or high-level official can clarify this news to the public so the public can decide whether that is good news or they need more things to start investing in crypto. Or maybe we will see another announcement from them related to that news.

Gladly, I never use Paypal to buy or hold crypto in my Paypal account