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The E-Sylum: Volume 24, Number 46, November 14, 2021, Article 28

GIZMO'S PAINTING ACCEPTS DOGECOIN!

On Facebook John Kraljevich writes:

"Someday, there will be invisible secret money that only exists as bits of computer code.

Gizmo's Painting Accepts Dogecoin "People will make fun of that weird invisible money by creating their own invisible money that's named after a famous funny Internet dog.

"Anyway, you'll be able to hire a painter with that."

This year my son gave me cryptocurrency for my birthday. Mind you, for grins I already have some in my PayPal account (Bitcoin and Ethereum), but I had to set up CoinBase to accept his gift of Cardano ADA coins. Does Gizmo accept those for small jobs up in Virginia?

These are the Wild West days of electronic money, like the wildcat banking era before the National Bank Act. Everybody has their own crypto money, with varying methods to store and spend it, and limited choices on who will accept it. Someday there will become a consensus and standard, but buckle up folks - it's going to be a bumpy ride. -Editor

To see the Facebook post, see:
https://www.facebook.com/photo.php?fbid=10227998307962843

And right on cue, here's an article about the Mastercard crypto card. -Editor

Mastercard crypto Mastercard partnered with cryptocurrency finserv platforms Amber Group, Bitkub, and CoinJar to launch crypto payment cards in Asia-Pacific, per a press release. The cards will convert digital tokens into fiat currency that can be used anywhere Mastercard is accepted. The initiative is part of Mastercard's global crypto card program, which seeks to support native digital currencies as payment tools.

Major financial institutions—like JPMorgan, Wells Fargo, and Capital One—increased crypto talent hiring by 40% in the first half of 2021 compared with the same period last year, per LinkedIn data. Facilitating crypto payments may therefore be an attempt to keep issuers tied to Mastercard's network as they start thinking about offering crypto services.

To read the complete article, see:
Mastercard will launch crypto cards in Asia amid heightened local demand for digital currencies (https://www.emarketer.com/content/mastercard-will-launch-crypto-cards-asia-amid-heightened-local-demand-digital-currencies)
Mastercard launches credit card with cashback in cryptocurrencies (https://olhardigital.com.br/en/2021/04/27/pro/mastercard-lanca-cartao-com-cashback-em-criptomoedas/)

Guth E-Sylum ad02 Detective Agency


Wayne Homren, Editor

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To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

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