To be fair with this type of introduction to master-card it will be a hard process to get them to accept it. Maybe Visa will see the light of Bitcoin but still it is early days to day end of for cards to start accepting it.

Ha, so if MasterCard is out, you're out? Why?

I wouldn't stress the opinion of MasterCard, they're certainly not a leader in or leading innovation in payment processing. They could have determined that it's too expensive for them to get into so rather than say "we're weak and not going to pursue it" they're saying "it doesn't look good."

There would have to be many more firms saying "this is no good" with EVIDENCE for me to take an exit.

Have some faith!

OMG!!

Run for your life! See my signature for your only hope of saving anything!

That would require thinking more than ONE month into the future.

delivering miners

I don't think it's a big surprise that Mastercard would take a stance against Bitcoin.  It fits the normal corporate model to reject something new out of fear of losing existing business.  Adopting a model with cheaper transactions would cannibalize some of the revenues they currently make.

A competitor of Bitcoin saying it's no good, not surprising at all. It's good though that they bothered enough to give it a review. However,  I do think that in time the Transaction fee might increase as more restrictions are put in and maybe miners will ask to increase the Tx fees as the mining becomes less profitable after halvening.

Nothing new here, at least for me. These Mastercard guys have been bad mouthing on Bitcoin for the last 2-3 years or so, and I don't think that any of us take them seriously anymore. In my honest and humble opinion, first, they should protect their marketshare against Visa and American Express rather than bothering about BTC.

They will bash Bitcoin, because they opened up a competing technology. I think it is called MasterPay.
They are in the attack phase now, because the ignore strategy did not work. We are not going away, and we will disrupt their business model. Uhmmm we already did, for them to come up with this new instant payment system.