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RE: Mastercard's New Patent Could Help Bitcoin Gain Mainstream Adoption

in #bitcoin6 years ago

Nice overview @firepower.

From the research I've done, however, it looks like this patent was filed 3 years ago. Additionally, I think that 2nd-layer solutions, like Lightning Network, will solve the issue that MasterCard was trying to solve.

In the long-run, I think that there will no longer be a need for services like MasterCard. I think this shows how worried they are about maintaining their market dominance moving forward over the next decade.

Thoughts?

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That's why mastercard is trying to co-opt the crypto movement , it can see the threat to it's existence.

Spot on @itstime.

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