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Mastercard Ceo calls again anonymous crypto junk


xtinepink

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Posted

The Ceo of mastercard, Ajaypal Banga, once again define cryptocurrencies as junk, if you remember last year he also said this last year of October. Voiced out that all digital currencies that are not “government mandated.” 

 

Earlier this week during the New India Lecture at the Indian Consulate , Banga described anonymous, non-state-issued cryptocurrencies as “junk,” because  crypto prices can fluctuate and thus they do not deserve to be considered a medium of exchange.

 

Although his statements are negative, the company is still interested with blochchain technology. 

 

What are your thoughts? 

 

Source:

https://cointelegraph.com/news/mastercard-ceo-calls-anonymous-cryptocurrencies-junk-again

 

Posted

This is gonna create one problem now. Since most crypto cards are Mastercard and if the ceo decides not to support crypto anymore then cards are gonna be no more

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