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Author Topic: BitCoin just for geeks, says MasterCard  (Read 365 times)

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BitCoin just for geeks, says MasterCard
« on: May 06, 2013, 11:09:36 PM »
BitCoin just for geeks, says MasterCard


BitCoin, one of the world’s most popular digital currencies, is little more than a fad, says MasterCard’s global head of emerging payments, Jorn Lambert. Photo: Bloomberg

MasterCard’s global head of emerging payments, Jorn Lambert, has labelled BitCoin as a currency for “geeks” that will not reach mass adoption, despite experts warning it must be regulated to avoid being used for tax evasion.
BitCoin is one of the world’s most popular digital currencies, a cash without a country favoured by anti-establishment activists and hackers.

Read the full article http://www.afr.com/p/technology/bitcoin_just_for_geeks_says_mastercard_yBzxbcwUZQMzuwgrGkLMhO

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Mastercard is just desperate because their service was not designed for Internet.

They know their tech is crap compared to Bitcoin.

Poor guys. The time is ticking for them.

 

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