OpenBazzar Founder: Bitcoin Acts as a Means of Payment First, Not Store of Value

2019-6-8 19:44

There has been a lot of controversy about the original intention behind the creation of Bitcoin. OpenBazzer Founder Samuel Pitt has spoken up for the payment side. In a video released by Pitt, argued that Satoshi Nakamoto did not design Bitcoin as a store but rather as a means of payment. Bitcoin Whitepaper Mainly Refers to […]

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Источник: bitcoinexchangeguide.com

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Healthcare Company Progresive Care Enables Bitcoin Payment for Rapid COVID-19 Tests

Florida-based personalized healthcare and technology firm Progressive Care, said that it was receiving bitcoin payment for its rapid COVD-19 testing services.  Bitcoin Payment Accepted for COVID-19 Tests According to a press release on Friday, (June 4, 2021), Progressive Care announced that individuals can now pay with bitcoin for the company’s COVID-19 Rapid Testing Solutions. TheRead More

2021-6-6 23:00


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Bitcoin Set to Be ‘World’s Main Payment System’ in 10 Years – New Research

Bitcoin will “surpass all competition” from other payment systems such as Visa and MasterCard within ten years if current growth continues, new research has concluded. Bitcoin Will Beat Visa, MasterCard In a study comparing Bitcoin to legacy payment providers, which also included PayPal, DataLight made the forecast after noting the cryptocurrency’s rapid advances since its inception in 2009.

2019-4-3 14:30


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Queensland Backs Cryptocurrency Point-of-Sale Project for Tourism

The Queensland government in Australia is backing a cryptocurrency point-of-sale system that officials believe will help boost tourism throughout the area. Thus far, they have given over $8 million in Australian dollars ($6 million USD) to roughly 70 different companies that will work to inspire innovation and create new ideas within the region’s travel space.

2018-8-2 00:27


Facebook’s Record-Setting Stock Market Wipeout Revives Crypto Comparisons

Security and volatility. They are the two aspects of cryptocurrencies that are attacked the most. While there are other challenges such as scalability, the energy consumption associated with mining, and privacy, cryptos’ volatility is often cited by skeptics as the reason they could never become a mainstream payment method. In 2017 alone, Bitcoin’s value rose […]

2018-7-31 23:00


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Beyond Store of Value – How Can Bitcoin Be A Viable Medium of Exchange and Unit of Account?

How can a good store of value (SoV) also be a good medium of exchange (MoE) and unit of account (UoA)? Seems too perfect, right? With Bitcoin expected to rise in value forever, wouldn't it be prohibitive to use Bitcoin for paying for things? This perspective comes from measuring Bitcoin's value in an inferior, depreciating […] The post Beyond Store of Value – How Can Bitcoin Be A Viable Medium of Exchange and Unit of Account? first appeared on BitcoinExchangeGuide.