MasterCard has sparked interest in the cryptocurrency arena and is seeking professionals to start a cryptocurrency team.
“Do you have the desire to work at the cutting edge intersection of payments and Cryptocurrencies,” MasterCard asks.
MasterCard has stated that those hired will,
“Monitor crypto currency ecosystem trends and develop new products and solutions.”
CEO of LowCards.com, Bill Hardekopf, says MasterCard,
“Sees there’s a lot of activity in this area. Even if it isn’t going to offer its own cryptocurrency, they know its important to have people who understand the subject.”
MasterCard is not the only one who is getting on the crypto train. MasterCard is part of the Libra Association, which includes Pay Pal, Visa and other big names in the industry.
Libra is intending to create, which has been in the pipeline for some time now, a
“Globally, digitally native, reserve backed cryptocurrency built on the foundation of Blockchain technology.”
MasterCard is making a smart move and he proof is in the numbers. According to research undertaken by Cambridge University, in 2017 alone there were between 2.9 million and 5.8 million users of a cryptocurrency wallet worldwide, with most users using Bitcoin as their preferred cryptocurrency. Only four years prior to 2017, there were between 300,000 and 1.3 million users.
A revolutionary monetary system is quickly brewing, with some governments even trying to stop the development from occurring. However, they will not succeed.
The strong movement for alternative money is the result of the long history of government monetary mismanagement globally. MasterCard is making a golden move in the wake of an historically changing monetary event that will change the way we see and use currencies worldwide.