Mastercard & Cryptocurrency- News Update (Bitcoin) Video #shorts
This quick Crypto Daily News Update gives a quick overview of the recent media release of Mastercard Supporting Cryptocurrency !!
Its hard to be both decentralized and regulated
The bitcoin network has a decentralized architecture which puts it beyond the reach of the government.
And on the other hand Mastercard has to follow and comply with anti money laundering laws and rule and regulations !
So this network actually is a nightmare for financial institutions.
Its going to be hard to create a decentralized blockchain network that complies with these rules .
So they have some kinks to work out to make this work but in the end would be an amazing change to see Mastercard accept bitcoin !
But let the big top dogs figure this all out and we shall sit on the side lines and wait to hear the goods news….hopefully !!
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