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A comment on MasterCard to open up network to cryptocurrencies. Parent comment

Re:MasterCard to open up network to cryptocurrencies by cableshaft on Thursday February 11, 2021 @01:38PM (#26105407)
> ...ironically those buyers aren’t interested in spending cryptocurrency using their MasterCard.

> They’re hoping other people will buy cryptocurrency from these announcements, driving the price up.

So what? Does every investor use the products of the companies they invest in? Professional investors don't care about that, they care about how well the company is doing and what they think its trajectory will be (up or down), not whether they personally will use the services offered.

[ Parent | on HN ]
Re:MasterCard to open up network to cryptocurrencies by PragmaticPulp on Thursday February 11, 2021 @03:19PM (#26106577)
Bitcoin isn't a company, though. It's an asset. Bitcoin itself doesn't do better or worse or grow in value. It's just moving up and down according to supply and demand.
[ Parent | on HN ]