Mastercard is getting into the crypto game. It's patented "a method that would manage 'fractional reserves of blockchain currency Eventually, this patent will allow Mastercard users to buy and pay for goods with bitcoin instead of dollars and other forms of fiat currency.
https://www.c[Suspicious link removed]m/2018/07/17/bitcoin-above-7000.html
Good Good News coming into the Crypto space.
Better days are yet to come
Good news? What about the "fractional reserves of blockchain" part? That doesn't seem like very good news to me.
The banks use fractional reserve systems so they can lend out 90% of money that is deposited. That's how we have so little paper money in comparison to digital money floating around. The banks don't ever have to print most of it.
So if Mastercard starts creating transaction out of bitcoin that doesn't exist... it doesn't become bitcoin anymore. It's turning that 21 million coin limit into 21 billion. They're trying to make it another banker's weapon.