Mastercard Had An Outage, So Crypto Had a Field Day

Payments giant Mastercard suffered a severe outage last week that led to a hold-up in transactions.

As reported on July 12 by the Financial Times, it had a global impact, sparking a round of complaints from the payment firm’s customer base.

As might be expected, those affected quickly took to social media to voice their frustration with the credit card giant, which eventually was able to resolve the situation and resume service for its customers.

In most cases, that would have been the end of the story. This time, however, Crypto Twitter took notice, and that made all the difference for what was likely a hectic day for the credit card giant’s press team.

In fact, the company’s Twitter threads soon filled up with comments from cryptocurrency supporters and enthusiasts, who were all too eager to point out the perceived benefits of their preferred payments rail.

What could be considered an inevitable question was eventually posed: why isn’t Mastercard using bitcoin?

To be…