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What will be the primary criticism of MetaMask's crypto card by June 30, 2025?
2
Resolution / Starting Odds
High fees • 25%
Centralization concerns • 25%
Lack of merchant acceptance • 25%
Other • 25%
Surveys or reports from major crypto news outlets
Story
MetaMask Expands U.S. Crypto Payment Card Program with Mastercard Amid 9% Fees and Centralization Concerns
Dec 22, 2024, 01:08 PM
MetaMask has expanded its U.S. pilot program for a crypto payment card, enabling users to make payments directly from their wallets. This development comes in collaboration with Mastercard. However, the launch has sparked criticism within the crypto community, with concerns over centralization and high fees, which are rumored to reach up to 9%. Critics argue that this move contradicts the foundational principles of cryptocurrency, which emphasize decentralization and avoiding traditional financial institutions.
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No • 50%
Yes • 50%
Monopoly practices • 25%
Censorship accusations • 25%
Privacy concerns • 25%
Other • 25%
Ethereum • 25%
Bitcoin • 25%
Other • 25%
Dogecoin • 25%
No Intrinsic Value • 25%
Ponzi Scheme • 25%
Used for Illegal Activities • 25%
Other • 25%
Other reasons • 25%
Political pressure • 25%
Financial constraints • 25%
Technical issues • 25%
Other • 25%
Biometric verification • 25%
Two-factor authentication • 25%
IP address whitelisting • 25%
50% to 75% • 25%
Less than 25% • 25%
More than 75% • 25%
25% to 50% • 25%
Bias in Notes • 25%
Lack of Effectiveness • 25%
Complexity of Use • 25%
Privacy Concerns • 25%
Consumer protection • 25%
Technological compatibility • 25%
Fraud prevention • 25%
Market stability • 25%
Perceived lack of need • 25%
Cost • 25%
Complexity • 25%
Lack of awareness • 25%
Other • 25%
Security Concerns • 25%
Economic Impact • 25%
Lack of Necessity • 25%