Why does MasterCard support cryptocurrencies?
Could you elaborate on the reasons behind MasterCard's decision to support cryptocurrencies? Are they motivated by a desire to stay ahead of the curve in the rapidly evolving digital payments landscape? Or is it a strategic move to tap into the growing demand for crypto-based transactions? Furthermore, how does MasterCard plan to integrate cryptocurrencies into their existing payment infrastructure, and what steps are they taking to ensure security and stability for users?
Who backs crypto?
I'm curious, who exactly backs cryptocurrency? Is it a central bank or government entity? Or is it purely decentralized and reliant on the trust and consensus of its users? I've heard conflicting opinions on this matter, and I'm eager to gain a clearer understanding of the backing behind this digital asset. Could you please elaborate on the mechanisms that support the value and stability of cryptocurrency?