MasterCard Exec – ‘Bitcoin Doesn’t Really Work in Today’s Environment’ (Op-Ed) MasterCard has been feeling the heat of Bitcoin for over a year now. Bitcoin has become big enough worldwide so that it can no longer be ignored as a viable payment option and currency. In a state-of-the-business interview with the International Business Times, Ann Cairns, president of international markets for MasterCard was asked directly about Bitcoin and how it compares to MasterCard. MasterCard is feeling the pressure from Bitcoin’s innovations MasterCard and their executives have been thinking long and hard about Bitcoin for over a year now since it became a major economic force in Australia. Last year, Australia had as much as 7% of the world’s Bitcoin market under consumer control, and the Sen
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