MasterCard Joins Visa, PayPal On The Crypto Payments Bandwagon

[Daal]

https://www.zerohedge.com/crypto/mastercard-joins-visa-paypal-crypto-payments-bandwagon

"Its not greed that drives the world, its envy" - Buffett

 

[S2007S]

Only because of the increase in valuations and because of how many new millions of people are now involved in trading these cryptocurrencies. When they collapse again you'll see how quick they are forgotten like the last time a few years back.

 

[maxinger]

Elderly folks wouldn't be using crypto at all.

Imagine you buy say a book that cost
0.0000000000101 btc.
we wouldn't be able to distinguish those digits.

I think it is more for big value items.
eg
1 TSLA car = 1 btc
1 helicopter = 5 btc
1 M1 tank = 100 btc ...

 

[Daal]

Only because of the increase in valuations and because of how many new millions of people are now involved in trading these cryptocurrencies. When they collapse again you'll see how quick they are forgotten like the last time a few years back.

Yeah, but if they do that, it would be a stupid decision. Remember Goldman Sachs 2017 crypto trading desk?

https://www.bloomberg.com/news/arti...-to-be-building-a-cryptocurrency-trading-desk
This was at the top of the market

Then they ditched plans at the lows of the market
https://www.ft.com/content/59a16554-b16e-11e8-8d14-6f049d06439c

"Empty suits" is the only word to describe them. I bet they wish they didnt ditch those plans. I bet now they are all scrambling to catch up the lost time

 

[Daal]

Elderly folks wouldn't be using crypto at all.

Imagine you buy say a book that cost
0.0000000000101 btc.
we wouldn't be able to distinguish those digits.

I think it is more for big value items.
eg
1 TSLA car = 1 btc
1 helicopter = 5 btc
1 M1 tank = 100 btc ...

You can measure things in Satoshis (or mBTC). Download the app Breez and The Wallet of Satoshi. Deposit BTC, move BTC through the Lightning Network (between the apps) using Satoshis as the measure method. You will get it

 

[Sig]

Yeah, but if they do that, it would be a stupid decision. Remember Goldman Sachs 2017 crypto trading desk?

https://www.bloomberg.com/news/arti...-to-be-building-a-cryptocurrency-trading-desk
This was at the top of the market

Then they ditched plans at the lows of the market
https://www.ft.com/content/59a16554-b16e-11e8-8d14-6f049d06439c

"Empty suits" is the only word to describe them. I bet they wish they didnt ditch those plans. I bet now they are all scrambling to catch up the lost time

I know a few folks at GS. They're all doing just fine.

 

[Daal]

I know a few folks at GS. They're all doing just fine.

Galaxy Digital is also doing pretty well, 16x from the lows and I think 5x from IPO. They gave lots of others the opportunity to get a head start....

 

[Trader Curt]

Only because of the increase in valuations and because of how many new millions of people are now involved in trading these cryptocurrencies. When they collapse again you'll see how quick they are forgotten like the last time a few years back.

They weren't forgotten. That's why it's rallying now as expected

 

[Nobert]

"Its not greed that drives the world, its envy" - Buffett

Timestamped

 

[murray t turtle]

Elderly folks wouldn't be using crypto at all.

I think it is more for big value items........
eg
1 TSLA car = 1 btc

Good points mr Max; its got a big bid ask compared to credit cards/debit cards/ cash /checks, silver+ any payment.
BUT you have to admire Fidelity Investments // they allow payment of bitcon in thier food cafe.[or did\always double check any thing\LOL]
Interesting a use of the word ''buck'' in 1776 + later was derived from buckskins used for real estate payment. Deer skin is super tough , but soft leather.
NOT a prediction\not bank insured.............................................................