Metamask+Mastercard+Linea on pilot!
Does this entirely miss the point of crypto?
Somewhat, but adoption takes steps towards a goal, so we will have 'Web2.5' developing while we aim at Web3!
The interesting thing here is that it works with Linea, don't miss the opportunity!
Linea is the ETH L2 from Consensys, the same company that build metamask.
How does it work?
- The MetaMask Card lets you make purchases directly from your crypto wallet.
- Crypto is instantly converted to fiat via Apple Pay / Google Wallet.
- You keep full control of your funds until the moment of transaction.
- The partnership combines Mastercard's network, MetaMask's security, and Baanx's tech expertise.
- It runs on the LineaBuild network, enhancing speed and cost-efficiency on Ethereum.
Here's why it might miss the point of crypto:
- You aren't actually paying with crypto
- You are converting crypto to pay with cash
- This definitely is part web3, but the vision of crypto is payment rails
- If you aren't using those rails to pay, what's the point of the crypto part?
The adoption side: millions of MetaMask users can easily use their funds anywhere.
Like it or not, the feature is waiting for you and Linea is the true winner with this new feature.
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