Amid Mastercard’s unexpected push for a patent outlining “fractional reserve” banking for crypto assets, the CEO of Visa has claimed that cryptocurrencies aren’t a pertinent threat to the stability of legacy financial systems. Al Kelly: Bitcoin, Cryptocurrency Aren’t Immediate Threats To Visa Months after claiming that the “sun has set” on Bitcoin and crypto assets,
Advertisement Mastercard has gone all the way through the stages of the resistance proverb — “first they ignore you, then they laugh at you, then they fight you, then you win.” Cryptocurrencies & Mastercard: A Turbulent History Like most financial companies, Mastercard never expected the blockchain, and by the time they took note of it, they
This article was originally posted on Cointelegraph – an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen web. Real adoption is the key to driving crypto higher, says Pantera Capital co-CIO To read more from Cointelegraph follow this link.
Op-Ed Governments and corporations have deployed censorship to limit speech and deprive people of vital communication channels. The ruling elite are trying to shush activists and freethinkers, but they are losing control and lashing out in frustration. This is why the emergence of decentralized tools and uncensorable money is more vital than ever. Also read: