MasterCard Seeks 'Level Playing Field' for Bitcoin Regulation
MasterCard has spoken out against bitcoin's perceived risks and called for regulators to create a "level playing field" for payments systems. The statements were made as part of an ongoing Australian inquiry into digital currencies, headed by the Senate Standing Committee on Economics. In a document, the credit card company argues that all financial services should be held to the same standard, stating that it is imperative all consumers and merchants are able to conduct business and commerce in a way that is safe and simple for all. The statement says: "It is our view that all....
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Random Edge is a transparent, verifiably random, and ultimately fair NFT auction platform that offers a shot at glory for those that participate. Time and time again there have been stories of individuals making life-changing wealth with NFTs. These kinds of stories often drive people to mint as many possible NFTs during an auction/mint, hoping to strike gold when the images are revealed. Unfortunately, the playing field is often skewed in favor of insiders, influencers, savvy coders, and others in the know. Random Edge eliminates these inefficiencies and provides users with a level....
MasterCard may be trying to stomp out Bitcoin in places like Australia, but what they're not realizing is the fact that people want to use their Bitcoin to pay for everyday expenses, bills and utilities. Even still, rather than find a way to integrate Bitcoin technology into their business model, they're trying to find a way to get rid of it through regulation. Not only did the company use the Australian Senate investigation as a tool to express deep concern about the illegal use of bitcoins, they also released this video on the need for digital currencies. Also read: "For Everything Else,....
"The burdensome information collection and reporting requirements deprive U.S. companies like Square of the chance to compete on a level playing field," Dorsey said.
Do you hear that? The ringing bells? See the flashing lights? Feel the Earth shake just a little? Is your "Spidey Sense" tingling? If your name were Mastercard, the answer would be "Oh, hell yeah!", because they are in the path of a train that is barreling down upon them. That train is Bitcoin, and the track this week is located in the Australian Senate, where Mastercard made a plea derail this train before it's too late (for Mastercard). Mastercard Attacks Bitcoin. MasterCard has used a submission to a Senate inquiry to argue for Australian regulators to move against the pseudonymity of....
When it comes to Bitcoin wallets, there are so many different options to choose from. That being said, having so many different wallet applications does not necessarily make it easier to spend Bitcoin in the real world, which remains a big problem to this very date. OneBit is looking to change that, as this is a Bitcoin wallet that lets users pay anywhere in the world as long as the retailers accept MasterCard PayPass payments. OneBit: More Convenient Bitcoin Spending. While the OneBit mobile application is very easy and convenient to use, there are certain limitations you need to be aware....