MasterCard Exec on Bitcoin - A Must Watch!
So a couple of days ago, I wrote a piece suggesting that MasterCard was up in arms against bitcoin and other digital currencies, with the crux of the piece based upon the fact that the company had submitted a report to the Senate suggesting that Australian regulators should be careful with digital currency adoption. The report focused in on the fact that bitcoin transactions are anonymous, and to pull a quote directly from the submission, MasterCard stated that: Contrary to transactions made with a MasterCard product, the anonymity of digital currency transactions enables any party to....
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