Good news through Mastercard.

[MinoRaiola]

I would be interested to see if and how they enable bitcoin payments. If you make it similar to Paypal, then it should be very easy to do. Or will they use Lightning? I read Mastercard generates 2,000 transactions per second, which is many more than BTC. Bitcoin can do 4-7 transactions, so the solution is maybe Lightning or its own Mastercard system. Looking at the upcoming tipping payment on Twitter, and the StrikeApp, I see an opportunity there, also for small payments.
For cryptocurrency, this is a gigantic success. The reason: 2.8 billion Mastercards in use. This is a revolution and it is happening worldwide. Paypal I think is the reason and a example that Mastercard has followed. I just ask myself one question: How many million people will use Mastercard-Bitcoin in the first months?

[1714613363]

1714613363

[batang_bitcoin]

Good news, just like when we first heard about the news that Tesla accepting and buying bitcoin. Any big company that tells that they're adopting bitcoin, we're all celebrating because it's for the good of the market.
That's why when there's another big company that tells that they're adopting bitcoin, we're all going positive. Now, it's not just a company but there are also countries.

[NicNacCoin]

In fact, this kind of good news brings a lot of benefits to our cryptocurrency. They have never heard such good news from MasterCard again but now they have conveyed this good news to the world.Maybe Bitcoin is transacted through banks in different countries and Bitcoin is transacted through Visa card. Paypal has been successful working before. I hope this plant of theirs is successful. Then there will be a very big good news for Bitcoin.

[Hypnosis00]

it is a sort of market anticipation and as the crypto market is moving forward, that they likely embracing the huge changes.
Mastercard is also known to the most and if they are serious and officially adopted Bitcoin, I could really see a huge impact on the market price and the more demand is flowing.

To this time, it was more interesting to hear more updates from them and I believe this would encourage other big companies to go with the flow and help themselves to accept and understand cryptocurrency.

[SmokerFace]

It surely is a tremendous step for centralizing the digital currency and making it easier for transactions. Since crypto will be more user friendly for all types of users.
Fasten your seatbelts for entering a new ERA of more user friendly digitalized transactions.

[bL4nkcode]

That's a good news but not yet though. Not until they announced their main release, payment will be surely faster with internal transfer on their end but that will probably have some risks like personal information and big % fee/tax same like as the other services do.

[yhiaali3]

Of course, happy news for all Crypto lovers, everyone is waiting for this news because it will have a great positive impact on Bitcoin and cryptocurrencies in general. This adoption will lead to the ease of spreading and exchanging cryptocurrencies around the world due to the MasterCard network that covers all countries of the world.
I don't know yet how this will actually be implemented but MasterCard has announced its partnership with Bakkt exchange to provide crypto-to-money conversion and vice versa, I don't know whether users should have an account on the Bakkt platform or just having the card is enough to do all the transfers and it's done automatically ?

[Woodie]

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.

I am not sure what role Mastercard will be playing once  they get to start working with cryptocurrencies but am certain they are coming in to provide some kind of exchange services which Is our crypto for their fiat and vice versa, which if you read between the lines they are the real beneficiaries in all this !! Not to sound negative this is certainly huge news which could influence some countries to make crypto legal to use but we have to stay put and wait to see what happens.

[kryptqnick]

Allowing banks to offer crypto services is a start, but it doesn't mean that banks will actually try it and won't fight back. I can't imagine the top bank of my country offering Bitcoin debit cards, to be honest. I also wonder which tax implications and fees will be involved. Oh, I also find the video interesting. You can store BTC, but when it comes to the question of paying, the guy says that you can pay because it's possible to convert into fiat. So what we have are custodial wallets, and a way of converting cryptos into fiat if you want to pay for things with it. Not so great, to be honest.

[Wildwest]

Very interesting news for us crypto users of course, if they can later cooperate with crypto then the transactions we do are very fast because the assets they have today are very large and there will be no obstacles in financial problems of course, and this all happens because the popularity of bitcoin is getting bigger so many large companies want to cooperate with the crypto world and they must be able to adjust to the market movements that are always there change.

[Shenzou]

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

Although this may seem like a big thing but it is not, because master themselves don't intend on accepting or implementing cryptocurrencies in the way they do transactions, and allowing the business and merchants to do so is not a big deal because they will be reeling on third parties to do this, which is not a new thing as there are a ton of credit and debit cards that are Mastercard approved that you can fund them with cryptocurrency, but never the less this is a step toward the future, and it seem that we are seeing that companies are racing to get involved in the crypto trend which is good thing.

[pawanjain]

Mastercard accepting crypto is definitely a big news and will definitely impact the growth of price in bitcoin.
This is just the beginning of wide adoption of bitcoin throughout the globe. Things are just getting started and we don't know how things will unfold in future.
The financial system is about to change and bitcoin has a huge role to play in it.
The tremendous growth of bitcoin has surely caught many people's attention and this will just improvise in the future.

[freedomgo]

Mastercard accepting crypto is definitely a big news and will definitely impact the growth of price in bitcoin.
This is just the beginning of wide adoption of bitcoin throughout the globe. Things are just getting started and we don't know how things will unfold in future.
The financial system is about to change and bitcoin has a huge role to play in it.
The tremendous growth of bitcoin has surely caught many people's attention and this will just improvise in the future.

It was Visa before that had accepted crypto as a payment revenue and now its Mastercard already that is adopting crypto lately. Big changes have become inevitable for crypto and it only means that crypto has its own  great potentials that anyone can't resist. Although it takes time for crypto to be fully understood and later adopted, but the waiting time is really worth it. Now that visa and mastercard have been part of crypto already, then it will not be surprising if more and more digital finances will be interested in crypto and finally start to adopt it soon.

[sgenuine]

Mastercard CEO during a meeting with investors said that the company has recently been paying a lot of attention to the study of digital currencies of central banks (CBDC).He claimed that the company would be able to provide a safe place for government and private banks to figure out how it would actually work.

A few days ago, the company announced a partnership with the Bakkt platform, thanks to which banks and merchants using Mastercard will be able to integrate cryptocurrencies into their business. It is goot to Mastercard that they don't stay aside.

[syedakhlaque]

As we are seeing that the number of people in the business of cryptocurrency is increasing day by day. This business is getting popularity among all ages of life. Yet Having legal issues in some countries its spread and flow cannot be controlled by anyone.
 As we have already heard the news about cryptocurrency withdrawal through ATMs.That is not surprising that the use of the master card for cryptocurrency and Bitcoin has started. or it will start soon. It will increase the worth and value of this business.

[dimonstration]

Actually master card or any other service provider are already being used to purchased crypto even before this announcement. There's a lot of 3rd party crypto exchange that accepts fiat to buy crypto but charge an insane amount of transaction fee like shapeshift and simplex. Even Centralized exchange like Binance, Kucoin and Huobi is accepting credit as payment for crypto purchasing. I don't what's new services they will offer on this news.

[mamahdedeh]

many exchanges can collaborate with mastercard, this can facilitate access for bitcoiners to invest in cryptocurrencies. and if we dare to take risks, then we can use the card to invest with a smaller usage interest calculation than the increase in crypto prices, especially when it is bullrun season, of course we can make a profit without using capital, which is like getting a loan from the card

[Fortify]

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

It looks like Mastercard wants to get a head start on Visa, American Express and Discover cards. It was inevitable that one company would become the first to officially endorse cryptocurrencies with all the big press they've been getting lately, the others will definitely follow suit and adopt something similar eventually. Great news for current Bitcoin holders and one big step towards much larger adoption now it is supported by a payment network accepted almost everywhere. It'll be interesting to see how they implement it, whether it will only cover Bitcoin at the beginning and if they will allow you to keep a separate Bitcoin wallet instead of converting everything on the go.

[Alanaz]

This will be very good again in the future, for adoption I think it will be very difficult for masetercard because it is still hampered by the third person but actually it will be more profitable when you see them now by just spreading their wings by accepting cypto their increase is quite pronounced.
but on the other hand if they plan to do something even more fantastic I think it will shake the economy because they are a pretty big company.

[fiulpro]

A Mastercard is a payment processor which works with banks and other companies and provides payment Online through many options, when we talk about them integrating with cryptocurrencies we have to understand that they won't be as easy since it would be more focused on the banks as well.
The banks would need to allow the payments as well, it would be more of a matter of adopt rather than the Mastercards themselves, therefore I do think even though they might agree to let the cryptos through they might have to think about how to integrate these payments with the banks itself.
Therefore as I see there will be three layers here :
Government
Banks
MasterCards themselves
Therefore this news is quite good but it cannot by itself make the payment option better for cryptocurrencies, it's more or so a little push from their side.