Nabil Luqman

71ae91dc3b1a84099376c66b53daea9d4bfb25a2eed6bd60aba27158de545a0d

Young Money Idea

McDonalds

Money

Legal

Bitcoin

Cryprocurrency

El Salvador

payment

Latin America

With the pandemic making us stuck at home, I&rsquo;m pretty sure some of you may have actually invested into Bitcoin. But did you know that there&rsquo;s a country that accepts Bitcoin as a legal tender?
Yep, I kid you not, you&rsquo;re allowed to pay for your goods using Bitcoin. A small nation called El Salvador in Central America has accepted cryptocurrency as a form of payment.
<img src="https://cdn1.myc.com.my/image/upload/v1631162659/unsigned/ifar546cleibbtw3riii.png" alt="" width="500" height=" " /> For those curious on where El Salvador is, it&rsquo;s located just above Costa Rica
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A tweet went viral as a man had showed that a McDonald&rsquo;s in El Salvador had offered to pay the meal in cryptocurrency!
<iframe src="https://twitframe.com/show?url=https://twitter.com/AaronvanW/status/1435236902274220040" width="500" height="680" frameborder="0"></iframe>
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Many stores in Latin American countries are starting to move towards adopting cryptocurrency as methods of payment. Meanwhile in El Salvador, the Bitcoin currency launch hasn&rsquo;t really gone smoothly as many have been protesting about the issue which led to a cryptocurrency expert getting arrested by authorities after the initiative had been publicly criticised.
Crypto has been a concerning topic for quite a while now
World Bank has highlighted some concerns and credit rating firm Moody&rsquo;s have downgraded El Salvador&rsquo;s rating after the government had made a move to make Bitcoin a legal tender. The main concern now is that how much Bitcoin had dipped after El Salvador had adopted it. The moment it became legal for tender, 1 BTC went from being USD52,000 to USD43,000. It had later recovered around USD45,989 as of writing this.
<img src="https://cdn1.myc.com.my/image/upload/v1631162716/unsigned/vci9fxzsyqzxtj6b1jvg.jpg" alt="" width="500" height=" " /> How much BTC had dipped when it became legal for tender
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El Salvador&rsquo;s &ldquo;Bitcoin Law&rdquo; was the result of Nayid Bukele who is the 40-year-old president who leads the populist Nuevas Ideas party.
<img src="https://cdn1.myc.com.my/image/upload/v1631162745/unsigned/pj4rkcntwooucg2qojay.jpg" alt="" width="500" height=" " /> The man behind the drop of Bitcoin in the past few days
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According to him, the move is supposed to generate jobs and provide more financial inclusions to thousands of Salvadorans, and it is supposed to make it easier for those living abroad to send money back home. He also hopes to see more investment and tourism in the country with the introduction of this.
If you&rsquo;re a Salvadoran, you&rsquo;re in luck as there are plans to receive USD30 in BTC via Chivo Wallet which is an app for crypto. Although there&rsquo;s one issue, it&rsquo;s always facing numerous technical issues ever since the launch of it on Tuesday the 7th of September.
<img src="https://c.tenor.com/hK408lWFkjgAAAAC/standby-difficulty.gif" />
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An apology was tweeted by the president, and he promised to improve the user experience as he calls for feedback from the public. He also announced a temporary suspension of the Chivo Wallet while authorities fix it.
<iframe src="https://twitframe.com/show?url=https://twitter.com/nayibbukele/status/1435481125741289472" width="500" height="480" frameborder="0"></iframe>
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Bitcoin seems to be a big gamble play for the El Savador economy but let&rsquo;s see how this goes. Do you think it&rsquo;s a good idea to legalise Bitcoin for tender? Let us know in the comments.
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*Sources: Visual and Reference Credits to Social Media, Soya Cincau, Reuters &amp; various cross references for context.
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Imagine, you can roll up to your local McDonalds and even pay for your meal in BTC!

5ef5d94f85ad1d367f2fb7d37d3970be7f8c92775a29b608803dd8784e668382

Bitcoin Becomes Legal Tender In El Salvador With New “Bitcoin Law”

When it comes to online business, we know that many people can really make a living by purely selling stuff online and sometimes also with very minimal effort. Like it&rsquo;s one of the fastest ways of making money without needing to do anything illegal at all.
But we all know that we&rsquo;ve seen some weird ways of people making money and I think this has got to be one of the weirdest out there.
Stephanie Matto sells her farts online 
<img src="https://cdn1.myc.com.my/image/upload/v1639714256/unsigned/uxdonipdziat768u3zki.png" />
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Yep, you heard me. For those who don&rsquo;t know who Stephanie is, she is the star of the show &ldquo;90 Day Fianc&eacute;&rdquo;. She says that she sees this as a money-making opportunity.
<img src="https://media1.giphy.com/media/uiC2Tho1u46mZxQTft/giphy.gif?cid=790b76113f43b1b85d0f9fb9576856bbd73d12b980d11162&amp;rid=giphy.gif&amp;ct=g" alt="Jimmy Fallon No GIF by The Tonight Show Starring Jimmy Fallon" />
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The more surprising thing here is that she actually makes a decent amount of money by doing so. It was revealed that she roughly earns $50,000 (~RM213K) per week by selling her farts!
<blockquote class="tiktok-embed" style="max-width: 605px; min-width: 325px;" cite="https://www.tiktok.com/@stepankamatto/video/7033813147714669829" data-video-id="7033813147714669829">
<section><a title="@stepankamatto" href="https://www.tiktok.com/@stepankamatto" target="_blank" rel="noopener">@stepankamatto</a>
Don&rsquo;t hate the player! Hate the game! <a title="90dayfiance" href="https://www.tiktok.com/tag/90dayfiance" target="_blank" rel="noopener">#90dayfiance</a> <a title="90daysinglelife" href="https://www.tiktok.com/tag/90daysinglelife" target="_blank" rel="noopener">#90daysinglelife</a> <a title="asoschaotictocalm" href="https://www.tiktok.com/tag/asoschaotictocalm" target="_blank" rel="noopener">#ASOSChaoticToCalm</a> <a title="vanscheckerboardday" href="https://www.tiktok.com/tag/vanscheckerboardday" target="_blank" rel="noopener">#VansCheckerboardDay</a>
<a title="♬ She Share Story (for Vlog) - 山口夕依" href="https://www.tiktok.com/music/She-Share-Story-for-Vlog-6722656094272883458" target="_blank" rel="noopener">♬ She Share Story (for Vlog) - 山口夕依</a></section>
</blockquote>
Yo what?! That&rsquo;s a lot of money...
<script async="" src="https://www.tiktok.com/embed.js"></script>

Although she is doing well, she does get her fair share of criticism by many people online and there&rsquo;s also the other end of the spectrum where people are supportive of her.
<img src="https://cdn1.myc.com.my/image/upload/v1639714374/unsigned/jxshwqonsgdr7jx73i64.jpg" alt="The diet looks to be more protein based than carbs." width="838" height="466" /> The diet looks to be more protein based than carbs.
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Stephanie had made a video titled &ldquo;Day in the life of girl who sells farts in a jar!&rdquo; where she shows the process of what she consumes daily to produce the &ldquo;high quality&rdquo; farts that she sells. In the video, we can see that her diet consists of protein muffins, beans, yogurt, hard-boiled eggs and protein shakes.
So, what does her jar even contain? Aside from her farts at least&hellip;
<img src="https://cdn1.myc.com.my/image/upload/v1639714390/unsigned/zck4zgonuhbxajf7b4f9.jpg" />
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Funny enough, she actually took some effort to even personalise each jar. The insides contain flower petals and even a personalised handwritten note. Each jar is sold at $100 (~RM421.15) and people are seriously queueing to get their hands on them.
<img src="https://c.tenor.com/6Hixx4SFAeQAAAAM/backing-you-get-yours.gif" />
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Funny enough, Stephanie had also caught the attention of local comedian Harith Iskandar as he praises on how she makes money. He even commented that he used to fart at his friends just to simply annoy them.
<blockquote class="instagram-media" style="background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);" data-instgrm-captioned="" data-instgrm-permalink="https://www.instagram.com/p/CXh77BDPo37/?utm_source=ig_embed&amp;utm_campaign=loading" data-instgrm-version="14">
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<div style="color: #3897f0; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: 550; line-height: 18px;">View this post on Instagram</div>
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<p style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;"><a style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none;" href="https://www.instagram.com/p/CXh77BDPo37/?utm_source=ig_embed&amp;utm_campaign=loading" target="_blank" rel="noopener">A post shared by Harith Iskander&trade;️ (@harithiskander)</a>
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</blockquote>
Here are some of the reactions of TikTok users on her post:
<img src="https://cdn1.myc.com.my/image/upload/v1639714455/unsigned/blovuy19pf26kc2hzjln.png" />
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<img src="https://cdn1.myc.com.my/image/upload/v1639714468/unsigned/mltha9sebymi94zcwwdt.png" />
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<img src="https://cdn1.myc.com.my/image/upload/v1639714475/unsigned/d38o4opsxldbea0xyjt4.png" />
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<img src="https://cdn1.myc.com.my/image/upload/v1639714479/unsigned/hasaewr1fuvfoiasrequ.png" />
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<img src="https://cdn1.myc.com.my/image/upload/v1639714484/unsigned/azuqpucjrocvqnorhzlz.png" />
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Well, you may judge someone for doing this, but it makes genuine money. At least she isn&rsquo;t resorting to selling illegal substances as a source of income.&nbsp;
If you knew you could be making money like this, would you sell your farts too? Or maybe even buy someone's farts? Let us know!
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*Sources: Visual and Reference Credits to Social Media, TikTok &amp; various cross references for context.
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I’ve heard many ways to make money but this has got to be one of the weirdest ones.

4844d97e017617a244c92d759a96ae81f3cb2306240edc88a5a4696e51794f82

Woman Makes RM213K A Week From Selling (Wait For It)... Farts

Are you someone who really loves cryptocurrency?
Well, if have invested into Dogecoin, we have some good news for you.
<img src="https://64.media.tumblr.com/4874e1580d147c00c7856da3537e9c1a/tumblr_n0qms91iNW1seezreo2_400.gifv" alt="#jeremy clarkson from Ambitiose Sed Ineptum" />
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Thanks to the internet&rsquo;s favourite Meme Connoisseur AKA Elon Musk, CEO of Tesla, the value of Dogecoin had shot up &ldquo;to the moon&rdquo;.
<img src="https://giffiles.alphacoders.com/213/213073.gif" />
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The reason behind this is that Tesla recently announced that they will begin accepting the cryptocurrency as legal tender. Musk had even gone to his Twitter stating that consumers can purchase &ldquo;some merchandise&rdquo; with Dogecoin.
<blockquote class="twitter-tweet">
Tesla will make some merch buyable with Doge &amp; see how it goes
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1470703708677840896?ref_src=twsrc%5Etfw">December 14, 2021</a></blockquote>

<script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

As soon as he had announced that, the value of Dogecoin had rose by 15% from RM0.67 to RM0.88. At the time of writing this article, the coin is currently priced at RM0.77. The decision of this was anticipated as a couple months ago, he had agreed with his Twitter followers that Tesla should accept the coin as payment.
For those who did not know, Dogecoin has been around since 2013 where it was created by software engineer Billy Markus and Jackson Palmer. It all started off as a joke but within two weeks of it&rsquo;s debut, the coin had rose in value from US$0.00026 (~RM0.0011) to US$0.00095 (~RM0.0040).
Is Elon Musk the key to breaking the Cryptocurrency market?
<img src="https://cdn1.myc.com.my/image/upload/v1639551658/unsigned/uc2zirxy81azdtxjgkpd.jpg" alt="I guess this meme really did it&rsquo;s justice huh?" width="838" height="683" /> I guess this meme really did it&rsquo;s justice huh?
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If you follow the man on Twitter, you can sometimes realise that he&rsquo;s the reason why cryptocurrency had fluctuating value due to some reasons. Earlier in the year, he had managed to raise the value of Bitcoin from RM150K to RM180K as he had purchased US$1.5 billion (~RM6.35 billion) worth of the digital currency.
Even back in May 2021, when Musk clarified that Tesla did not sell any of their bitcoin and when he started s**tposting, the price had dropped by 20%.
<blockquote class="twitter-tweet">
To clarify speculation, Tesla has not sold any Bitcoin
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1394170030741413888?ref_src=twsrc%5Etfw">May 17, 2021</a></blockquote>

<script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

In fact, previously he had also drove the prices of the <a href="https://myc.com.my/articles/623/crypto-shiba-inu-coin-storms-up-to-the-11th-biggest-crypto-currency-in-the-world">Shiba Inu coin to drop</a> by 10% as he stated he did not own any of the currency.
When you really think of it, Musk is pretty smart (I am if it isn&rsquo;t obvious enough) cause he manages to fund SpaceX from crypto alone. If one were to closely follow how Musk invests into crypto, I&rsquo;m sure people can make it big here as one simple cryoto related tweet can definitely shake the market up.
Do you think it&rsquo;s wroth to invest more into these meme coins since it now has more potential to go up in value? Let us know your thoughts!
&nbsp;
*Sources: Visual and Reference Credits to Social Media, Elon Musk, Coin Market Cap &amp; various cross references for context.
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The coin had rose in 15% value shortly after Elon made the announcement. 

32e5b30475751e9bb3cbac089d617ccb7a880b4082c46a59b8d75e6dfbb02c73

Elon Musk Drives Dogecoin Value Up After Tesla Accepts Coin As Payment

For most of us who use the ATM, we all know what at one point in time we had a RM1 fee when needing to do an inter-bank withdrawal at an automated teller machine (ATM).
Back in mid-2020, the government had given the order to <a href="https://www.nst.com.my/news/nation/2020/04/580845/mco-rm1-interbank-atm-cash-withdrawal-fee-waived">temporarily waive</a> the RM1 fee as it was to prevent the rakyat from moving around too much during the Covid-19 crisis and the MCO period as the government wanted to prevent people from crowding at banks during the pandemic.
<blockquote class="twitter-tweet">
It took a killer virus for banks to waive that RM1 ATM fee
&mdash; Still $. I'm Blessed/Diberkati.🤲🏻🕶️ (@LOLsuren) <a href="https://twitter.com/LOLsuren/status/1245991713333596160?ref_src=twsrc%5Etfw">April 3, 2020</a></blockquote>

<script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

But it seems like the pandemic had really taken it&rsquo;s toll on banks as they are set to reimplement the RM1 waive fee.
The temporary waiver may end by early-2022
<a href="https://ringgitplus.com/en/blog/bank-news/all-banks-in-malaysia-will-waive-rm1-meps-fee-for-interbank-withdrawals-until-the-end-of-mco.html">RinggitPlus</a> had published an article stating that City Bank had sent out a notice stating that the inter-bank cash withdrawal charge would be reinstated on 1 February next year.
<img src="https://cdn1.myc.com.my/image/upload/v1639542250/unsigned/qtydncc4b5i2dwzvd8yj.png" />
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Additionally, a similar notice had been issued by the Kuwait Financial House (KFH) bank.
Many share their thoughts and opinions on the situation
One of many arguments is that &ldquo;why do we need to be charged RM1 for a simple cash withdrawal&rdquo; on an ATM that is not under their bank?
As some would know, not every location will have the ATM of all banks. Example, if you withdraw cash at a petrol station, you sometimes only have the option of having a CIMB ATM machine only. If you&rsquo;re in rural parts of Malaysia, there is a likelihood that you&rsquo;ll only have one or two bank choices available, and I don&rsquo;t think anyone would be willing to travel the distance to simply withdraw money.
<blockquote class="twitter-tweet">
dekat area pekan2, kdg2 ada satu jenis mesin ATM je, yg ambil duit sana bukan golongan ada2. RM1 mungkin tak bnyk utk kita, utk mereka? hidup kena pandang sekeliling, bukan aku aku, kau kau. <a href="https://t.co/8ETijs9gRC">https://t.co/8ETijs9gRC</a>
&mdash; mirmo zibang (@vjknjv) <a href="https://twitter.com/vjknjv/status/1470662097956659203?ref_src=twsrc%5Etfw">December 14, 2021</a></blockquote>

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But even after a pandemic, not everyone had gained money to afford everything.
<blockquote class="twitter-tweet" data-conversation="none">
So after almost 2 years of suffering &amp; lockdowns, the rakyat has suddenly gained a large sum of money to be able to afford everything?? I know it&rsquo;s RM1, but come on la, we&rsquo;re struggling to find money &amp; yet we&rsquo;re getting pinned back by price increases &amp; charges after charges.
&mdash; Sanjiyven Alfred (@SanjiyvenAlfred) <a href="https://twitter.com/SanjiyvenAlfred/status/1470632132926050306?ref_src=twsrc%5Etfw">December 14, 2021</a></blockquote>

<script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

<blockquote class="twitter-tweet" data-conversation="none">
Doing this only introduced crowding at ATMs..not something we need right now. Also not all banks ATMs are everywhere which needs ppl to travel to save RM1 Such inconvenience
&mdash; Alister (@KingAlister2001) <a href="https://twitter.com/KingAlister2001/status/1470699839151243265?ref_src=twsrc%5Etfw">December 14, 2021</a></blockquote>

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Meanwhile one bright netizen had the idea of playing a 15 second ad to skip the RM1 charge. Oh boy, if you hate this happening on YouTube imagine it at an ATM.
<blockquote class="twitter-tweet">
Ko jangan mat. Jakgi dia keluar window pop up suruh purchase dulu baru remove ads sia2 jer.. 😂
&mdash; A for Aszwan 🇵🇸🇲🇾 (@quelysir) <a href="https://twitter.com/quelysir/status/1470770234890067979?ref_src=twsrc%5Etfw">December 14, 2021</a></blockquote>

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While this is happening again, it&rsquo;s time for Malaysians to utilize zero-cash payment methods and e-Wallets now as it&rsquo;s more convenient than needing to head over to an ATM.
On a good note, sometimes when we use e-Wallets, we can get cashback or even discounts on our purchases.
<img src="https://cdn1.myc.com.my/image/upload/v1639542341/unsigned/tysac9m9tn18gymh7gwm.jpg" alt="The different types of e-wallets available in Malaysia" width="800" height="533" /> The different types of e-wallets available in Malaysia
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Now if only someone in the parliament can bring up this particular issue instead of the issue of our flight stewardess dress codes as it&rsquo;s deemed &ldquo;too sexy&rdquo;. 
Issues like this is something that effects the rakyat especially with the hike in price on our daily expenses. Do you think they should maintain the RM1 waiver? 
If they don&rsquo;t, should banks start placing more ATMs all around so its more accessible? Let us know your thoughts!
&nbsp;
*Sources: Visual and Reference Credits to Social Media, Ringgit Plus &amp; various cross references for context.
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No more inter-bank withdrawals everyone, reports say that the RM1 fee will return effective 1 February 2022.

7faa0e9bb5ceb0f72b3ac26d0f1e6c7d2669b1f6209e49015c70bdd95d1f89bb

Banks To Reinstate RM1 Withdrawal Fee In Early 2022

Everyone has probably dreamt of playing games while earning money, am I right? Unless you&rsquo;re an Esports player playing on the big stage ya know, but that kinda takes too much effort.
<img src="https://media.tenor.com/images/f7e65f41d79719f002ec34267ae97343/tenor.gif" />
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But hey, looks like you&rsquo;ll enjoy this. Remember Pokemon Go? Yeah, the game that literally made everyone go outdoors everywhere and socialised with others even though you&rsquo;re on the phone. Well, the creators, Niantic, had teamed up with crypto debit card company Fold to create an AR game where you can earn Bitcoin.
<img src="https://media3.giphy.com/media/jRGGQMWvYvYraZ5kvI/giphy.gif?cid=790b76115121d278c325c4cd96bcf177cbd94b962ae1fd3b&amp;rid=giphy.gif&amp;ct=g" alt="Interested Season 10 GIF by Curb Your Enthusiasm" />
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Introducing Fold AR
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn1.myc.com.my/image/upload/v1637827053/unsigned/vid40auwsjwl1tslatf1.jpg" alt="" width="838" height="419" />
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The game is similar to Pokemon Go but instead of catching all em Pokemon&rsquo;s, you&rsquo;re out there interacting with crypto references and break &ldquo;cubes of binary code&rdquo; to earn cryptocurrency. The cubes can be tapped on like Minecraft blocks until they reveal the prize.
The Bitcoin gained will be in small units known as Satoshish which is exactly 0.00000001 Bitcoin or about RM0.0024. They also include power-ups for Fold which already gamifies card purchases through an app that lets you spin a wheel and win Bitcoin rewards.
How often do the prizes show up?
As the game is launched from inside the Fold app, it&rsquo;s not currently set in a world full of virtual places that corresponds to real-world locations. As for the prizes, it spawns a block between 1 and 50 feet every 10 minutes which mirrors the real rate of Bitcoin mining.
<img src="https://thumbs.gfycat.com/FatalBountifulAcornwoodpecker-max-1mb.gif" />
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There is a goal to make Fold AR&rsquo;s virtual currencies to feel real by placing them in real world said Will Reeves,CEO of Fold.
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn1.myc.com.my/image/upload/v1637827085/unsigned/gzjmol60i9mevcpp9ncw.jpg" alt="" width="838" height="549" />
&nbsp;
The game is also filled with cryptocurrency and meme stock jokes such as mechanics like &ldquo;Diamond Hands&rdquo;, &ldquo;REKD&rdquo; and &ldquo;Shit Coin&rdquo;. Reeves says that these memes and jokes are meant to appeal both newcomers to the world of cryptocurrency and existing fans of it.
Early next year, more features will be added such as a geocaching-like multiplayer system which allows you and others to hide Bitcoin or some forms of Non-fungible tokens (NFT) for others to find.
Currently the game is rolling out under the Fold app but it is unavailable in Malaysia.
This is pretty cool if you ask me and to have prizes spawn every 10 minutes makes sense as others will understand the process of obtaining cryptocurrencies. Now the real question is if this will ever come into Malaysia? Guess we&rsquo;ll have to wait and find out.
&nbsp;
*Sources: Visual and Reference Credits to Social Media, The Verge, Niantic &amp; various cross references for context.
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Looks like we are close to stepping into the Metaverse. 

507e69d419915fcad4e15791e39a4f9f3a9642af7410d6619a6ed2de6d9e4907

Niantic Creates An AR Game Which Lets You Earn Bitcoin!

Have you been investing into cryptocurrencies?
For a long time now, many have been into cryptocurrency and some people have been making big profits out of it. But one problem is, how do we even spend it since it&rsquo;s not exactly accepted everywhere?
Well, you&rsquo;re now in luck as Mastercard wants to change the all that as they are partnering with three of Asia Pacific&rsquo;s biggest cryptocurrency service providers to launch a crypto-linked Mastercard payment card!
<img src="https://i.pinimg.com/originals/48/af/d0/48afd0510b98ad1202daaee5bf28bc4c.gif" />
&nbsp;
Best part of all this is, the card is either a Mastercard credit, debit or prepaid card, will all enable all holders to spend their cryptocurrencies. So far there are three cryptocurrency services which offer their own buy-and-trade service in their own market, and they are Hong Kong&rsquo;s Amber Group, Thailand&rsquo;s Bitkub and Australia&rsquo;s CoinJar.
<img src="https://cdn1.myc.com.my/image/upload/v1636599234/unsigned/vfhh1rbhyqetounjv1hz.webp" alt="The new partners of Mastercard for their new Crypto Card" width="838" height="471" /> The new partners of Mastercard for their new Crypto Card
&nbsp;
They are now the first Asian-based company to join Mastercard&rsquo;s Crypto Card programme, and this will help other crypto companies bring this new payment feature to life.
&ldquo;Cryptocurrencies are many things to people&mdash;an investment, a disruptive technology, or a unique financial tool. As interest and attention surges from all quarters, their real-world applications are now emerging beyond the speculative.
In collaboration with these partners that adhere to the same core principles that Mastercard does &ndash; that any digital currency must offer stability, regulatory compliance and consumer protection &ndash; Mastercard is expanding what&rsquo;s possible with cryptocurrencies to give people even greater choice and flexibility in how they pay.&rdquo; &ndash; ,&rdquo; said Mastercard&rsquo;s Executive Vice President Rama Sridhar
How does this work though?
It&rsquo;s pretty simple actually. Instead of sending your cryptocurrency to the business or seller, you can now instantly convert your cryptocurrency into normal fiat currency which can be used. If you&rsquo;re worried of how the currency will travel between channels, don&rsquo;t worry as it will have to go though Mastercard&rsquo;s network as a traditional fiat currency.
<img src="https://c.tenor.com/Cc2EQtVXcTUAAAAC/how-interesting-coffee.gif" />
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Mastercard believes it&rsquo;s a good time to capitalise on the rise of cryptocurrency in Asia as their latest payment index showed that 45% of surveyed participants in Asia say that they would consider cryptocurrency within the next year. In comparison to the survey from the previous year, they have seen an increase of interest in cryptocurrency by 12%. The main reason why many believe Mastercard is venturing into Crypto in Asia is due to it being higher than the 40% global average.
<img src="https://cdn1.myc.com.my/image/upload/v1636599294/unsigned/nncj9wwpflsq1urkrjcr.jpg" alt="The price of 1 Bitcoin is RM267,183 and 1 Ethereum is RM19,108 at the time of writing this article." width="838" height="559" /> The price of 1 Bitcoin is RM267,183 and 1 Ethereum is RM19,108 at the time of writing this article. 
&nbsp;
Will the Crypto Card Program be coming to Malaysia?
So far there has been no word of it being available in Malaysia as the other partners such as Bitkub only covers the Thailand domestic market and CoinJar only operates in Australia and United Kingdom for now. Meanwhile Amber Group has a lot of places and companies but only has a presence in Hong Kong, Taipei, Seoul and Vancouver.
I think it&rsquo;s not a bad idea to have these Crypto Cards but imagine if you lose the card, now that&rsquo;s going to be a lot of trouble. &nbsp;Another question would be how the bank constantly keeps track of your crypto purchases especially when some NFTs hold high value in the market.
Now the real question is, would you get this card if given the opportunity? Share your thoughts in the comments!
&nbsp;
*Sources: Visual and Reference Credits to Social Media, The Edge Markets, Soya Cincau &amp; various cross references for context.
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Looks like there’s going to be an easier way for people to use their cryptocurrencies now!

Bitcoin Becomes Legal Tender In El Salvador With New “Bitcoin Law”

Imagine, you can roll up to your local McDonalds and even pay for your meal in BTC!

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