Is the merchant ecosystem one of the most efficient channels to support mainstream adoption of cryptocurrencies?
Some crypto fans say that cryptocurrencies can provide potential advantages in both fees and censorship, even though they also come with limitations.
Well, we can basically break that down into three primary categories: not enough awareness/users, high barrier to entry, and inconvenience in converting between fiat and crypto. “Accepting cryptocurrency payments leaves more money in the pockets of artists and fans, who’ve been unjustly extorted for too long”, says EventChain CEO, Ashton Addison. “When other retailers realise they don’t need to pay outrageous processing fees. by tapping into a global decentralized payment network, they will adopt crypto payments as well.”Most merchants do not wish to ‘hodl’ long-term digital assets, and would instead prefer quickly turning received crypto payments back to fiat.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
The Evolving Energy Ecosystem: Smart Grids To Smart EnergyAs technologies like AI, IoTs, and blockchain digitize, automate, communicate, integrate, and decentralize the energy ecosystem, what impact will it have on each nation's economy: its survival, security, and sustainability?
Weiterlesen »
There are 190 cryptocurrency exchanges, but some are way better than othersNot all cryptocurrency exchanges are created equal. Here's what you should consider about where you buy and sell digital currency.
Weiterlesen »
SEC Issues Historic First Letter Saying It Will Not Take Action Against A Cryptocurrency BusinessThe SEC issues a historic 'No Action' letter telling the issuer of a crypto asset that it will not recommend actions against the company so long as it complies with certain conditions.
Weiterlesen »
Wealth manager: How to invest in blockchain without worrying about a cryptocurrency collapse'If you like the technology behind cryptocurrency, the blockchain technology, there are ways to invest in that,' says certified financial planner Peter Mallouk.
Weiterlesen »
Major cryptocurrencies are soaring after bitcoin made its first big jump in monthsHot on the heels of bitcoin surging to multi-month highs, other major cryptocurrencies are also posting strong moves upward.
Weiterlesen »
Don't buy bitcoin, warns wealth manager: We're likely 'going to see cryptocurrencies collapse'Don't buy bitcoin, warns wealth manager: We're likely 'going to see cryptocurrencies collapse' via CNBCMakeIt
Weiterlesen »
California adopts new wetlands rules to protect them from Trump rollbacksCalifornia's wetlands and seasonal streams got new state protections Tuesday, ahead of the Trump administration's rollback of the Clean Water Act.
Weiterlesen »
A homeless man wandered in one day, and this Arizona town adopted himIn an era when cities are struggling with their homeless populations, a town in Arizona has come to celebrate the 68-year-old man sporting a long white beard and a Santa Claus hat. Santa James, as he’s come to be known, is embraced like a long-lost friend.
Weiterlesen »
A homeless man wandered in one day, and this Arizona town adopted himIn an era where the legions of homeless are at best tolerated, residents in Kingman, Ariz., have embraced an eccentric man they call 'Santa James' like a long-lost friend.
Weiterlesen »