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SubscribeWill cryptocurrency soon be an alternate payment option?
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#1
Will cryptocurrency soon be an alternate payment option?
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#2
Yes cryptocurrency is already another option of payment and it's spreading like wide fire.
Alot where initially critical about cryptocurrency some labeling it all sort of names like a ponzi scheme, fraud etc but it has actual caught there interest
But want thing I can say is that we might see this giant companies like the OP has just mentioned that accepts cryptocurrency or some that has not yet started following the same way as facebook and creating there own coin.
Should there be a limitation to this yes cryptocurrency has created an avenue for a whole new way of trading and transaction should any company just develop there coin just because they had already gained fame and altcoins that has been in cryptocurrency for a while would die out this would cause competition and might build of to an avalanche of coins in the future.
bitcoin and some good number of altcoin are my point of fancy in the cryptocurrency community. am not interested in Libra coin(still sceptical about it)
If this faint want to venture into cryptocurrency there should make use of the existing coins and not corrupting the whole system
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#3
It already is. Sadly I still can't use crypto for one of my jobs. They still require my bank details and charge me around $4 for every transfer that I made (not to mention the services fees). If it's possible I'd rather accept payment in crypto and if it was needed I'll cash out immediately, rather than 'giving away' +$5 for fees.
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#4
I believe some big companies are already accepting crypto as payment. But for now, it can only be used through online stores. I don't think local adoption will be happening soon because that might be too hard and complicated.Originally Posted by PALM
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#5
That's right. It could be used an alternative payment method. But for now, it still won't be able to replace local currencies.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#6
In some countries, especially those that consider cryptocurrency as a legitimate payment method aside from their local currency, big companies are already accepting it as alternative payment.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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