General Director of Mastercard Ajai Banga spoke sharply about cryptocurrencies. Banga was born in India but became the head of a multinational financial services corporation. Ajai is concerned that 95 percent of all illegal transactions in the darknet are conducted using cryptocurrency. Speaking at the forum “New Indian Lecture” CEO Mastercard spoke unpleasantly about cryptocurrencies. Having called the cryptocurrency “garbage” Bang operated on the fact that the anonymous currency, which was wildly fluctuating about its rate, did not deserve to be considered as a means of exchange. Ajai emphasizes that since the cryptocurrency is too unpredictable, and transactions made with it are not transparent, it simply cannot be a good means of exchange. Not without mentioning the indictment against Russian intelligence officers, who are considered guilty of interference in the US presidential election. As you know, the FBI believes that for making deals they carried out transactions in cryptocurrency. Banga claims that digital currency is suitable only for such purposes and it is ideal because it is anonymous. Ajay also went through the cash, urging everyone to use exclusively electronic payments, as they are the most reliable, fast and safe. In addition, they are almost impossible to be used for criminal purposes. |
