Ajay Banga, the CEO of MasterCard, attacks Bitcoin and other cryptocurrencies, ensuring that they are garbage and would only support cryptocurrencies developed by the states.

The fear of banks and different economic actors, given the growing popularity of cryptocurrencies, is making itself felt a lot, among them, by the attack by the CEO of JP Morgan or Forbes magazine, the clappers of speculators. The last to attack Bitcoin and the rest of the cryptocurrencies Ajay Banga, which few will know, but is the CEO of MasterCard. He has been interviewed in an Indian medium, who has been asked about the demonetization of India due to digital payments and cryptocurrencies.

Banga assures that he would support a cryptocurrency, as long as it has a state behind it, come on, that these are created by cryptocurrencies, in addition, it has released a great pearl, which shows nervousness about these products: 'cryptocurrencies not created by governments are garbage' . The idea of ​​cryptocurrencies is that they are not controlled by states or banks, that they manipulate their price, in addition, the creation of this has been born of anonymous users, who have sought a system of distributed economy based on the blockchain and that prevents the manipulation of transactions by making a copy on all computers on the network.

'If governments create digital currencies, we will find a way to be in the game. We will provide the means to move coins from the customer to the merchant. Government-controlled digital currencies are interesting. Currencies not controlled by governments are garbage.

'If I pay for a bottle of water with Bitcoin, one day it's two bottles for one Bitcoin, the other day it's 9.000 bottles. That does not work. Any currency needs stability and transparency, otherwise you will have all the illegal activities in the world. Why was the ransom for the virus (WannaCry ransomware) collected in Bitcoin? Why has China rejected Bitcoin? '

These statements stand out more, if we take into account that Visa allows you to issue prepaid debit cards with platforms such as Wirex, Xapo or Bitnovo, allowing you to make payments with Bitcoins or other cryptocurrencies. The incongruity of Banga goes to such an extreme that one wonders why the WannaCry attacks asked for a ransom in Bitcoin, but, for this very reason, we could ask ourselves why Somali pirates ask for ransoms in euros or dollars or the price of different drugs, that are paid in euros or the financing of some states and companies to terrorist groups with euros or dollars.