MasterCard to open up network to cryptocurrencies

Re:MasterCard to open up network to cryptocurrencies by cortesoft on Thursday February 11, 2021 @11:58AM (#26103947)

The price volatility is way more expensive than transaction cost, if you have billions of dollars.

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Re:MasterCard to open up network to cryptocurrencies by ad31mar on Thursday February 11, 2021 @01:02PM (#26104926)

It's usually in your favour tho.

Anyways, there are plenty of stablecoins if that's your thing and you can use Bitcoin (the network) for the rails only.

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Re:MasterCard to open up network to cryptocurrencies by cortesoft on Thursday February 11, 2021 @02:45PM (#26106160)

I don’t think I’d be making decisions on risk for BILLIONS of dollars based on something “usually” being in my favor.

Also, stablecoins staying “stable” is a huge risk you are taking on if you use them.

Again, if you have billions of dollars, you are going to be doing a lot more risk analysis and want a lot less uncertainty than you are going to get with any sort of cryptocurrency that exists today.

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