On February 25th, 2015 Mr. Garza posted on the Hashtalk forums a screenshot of an email that he purports is the start of a partnership with MasterCard.
In multiple forum posts Mr. Garza would state in a thread title, I love good news in the morning
The posts from Mr. Garza implied a partnership had been verbally committed in regards to PayCoin. He would also clarify that it was Paycoin who had a deal with MasterCard.
Two members of the Coin Fire team reached out to MasterCard asking about the partnership and received a statement from Mr. Seth Eisen from the MasterCard Corporate and Public Affairs Communications department stating,
I want to clarify that MasterCard does not have a relationship with PayBase/PayCoin.
While Mr. Garza or his affiliates could potentially be working with a MasterCard branded bank for the debit card it however is not working directly with MasterCard as implied by Mr. Garza’s posts on the HashTalk forums.
Coin Fire
Latest posts by Coin Fire (see all)
- Film Distributor Lionsgate Accepting Bitcoin - October 6, 2015
- Federal Investigations of Cryptsy Underway - October 4, 2015
- Security Alert: Used Cloudminr.io? Change ALL Passwords. More than 79 thousand users impacted. - July 13, 2015
Bitcoin Video Crash Course
Know more than 99% of the population about Bitcoin. One email a day for 7 days, short and educational (guaranteed).
28 Comments
Tim Tayshun just left a Bitcoin tip worth 981 bits ($0.25).
Crap, crap AND crap…
And your point is????
I can’t believe dumb people still fall for obvious scams like Paycoin. If you fall for this scam you are really fucking stupid. It is ibvious that hashtalk is full of sockpuppet accounts made by Garza to pump his scam and a few dumb teenagers actually fell for this shit. It’s not too late to call the police and tell them you got scammed, even better if you are located in the same place Garza is , authorities would have jurusdiction there to arrest him.
This is the least professional and worst thought out article I’ve read in the cryptonews world.. EVER. Not only is it a blatant attack on a specific currency, but the person referenced from MasterCard would NOT have knowledge of negotiations, nor would they be allowed to reveal details. As well.. BOTH responses fit fine with what Mr Garza has said.. there is NO CARD program… right they are in negotiations..
This drivel is assinine
I sincerely hope the email displayed from MasterCard is real as I work for MasterCard i will investigate this tomorrow morning…to use Mastercard logo in away that may damage the reputation of another company is something we will not tolerate
Please do so, oh and be sure to report back here HONESTLY when you find out this was the truth.
Love it!
And here is how Coinfire investigates, amazing!!! run run smoking gun, let see, now you have insider, OMG he works for MC.
Like anyone is naive to believe MasterCard would ever work with this crook, not only is he sleazy but what does he bring to the table for MC anyway? Why wouldn’t they just go with Bitcoin?
Garza will be either in jail or in brazil at the end of this year.
Suck a dick Coinfire!
Didnt the ceo of mastercard release a video last quarter talking about how bad cryptocurrency is? LMAO what kind of fool would thing GAW would change their mind in a month. I’ll add that to the list of:
-20 floor
-speaking at miami conference
-buy back program
-buy XPY for CC
Literally 0 fulfilled promises.
$20 floor did last for about 2-3 minutes at least, maybe 10, not sure, I was not there. Assholes out there signed up with multiple accounts and maxed out the $700 sells which just burned through the fund. They didn’t quite expect so many people cashing out and esp not 1 person signing up for 10 accounts.
using cc to buy xpy is still quite possible and so is the buy back program.
You’ve got to feel for this Mike bloke, did Josh shag his mum or kill his pet gerbil or something? Get a grip mate, it’s your obsession with GAW is beyond pathetic.
You can read most of the thread here. https://archive.today/cCKl9
Well only a slight part of it, but..
Nice to see a name attached to this story. I have no idea how the people above keep falling for this scam.
Mike if you are on such good terms with Seth that he even apologise for not getting back to you immediately I am sure he would not mind responding from a tweet from you to confirm via his official Twitter account?
This screenshot of denial is as much worth as the screenshot of confirmation by Garza.
sigh such ignorance coinfire. Obviously you don’t have the whole story.
The rejects at Coinfire wouldn’t know a real story if it punched them in the mouth.
Note A professional would not use blue for a font color…
Must have been an issue matching to the original email font. One of the worst obvious lying sites this is.
WOW! This is great news (but crappy reporting as usual)! I’m buying XPY!!!
Damn, Mastercard, really? I must buy some, this is rocking crypto!
You are such a fucking child. News tbis big about a denial and you only write barely a proper two paragraph story lol. Fucking idiot. Of course (MC) they will respond sayin nothing… They are fucking with you HAHAHAHA.
I’m so surprised that HJ Garza lied! I’m dumping all my XPY as I type this. I’ve had it with his lies. Thanks Mike for once again bringing us the truth. If I wasn’t in the poor house from investing in XPY I would leave you a nice tip.
LOL, too strong man !! BS alert