Author

Topic: Cryptocurrency Innovations (Read 78 times)

newbie
Activity: 52
Merit: 0
December 02, 2024, 01:45:17 PM
#4
The cryptocurrency industry has seen massive growth over the years reshaping almost if not all sectors of our everyday existence.

What sectors were you referring to exactly? Crypto's definitely caused ripples in finance and tech circles, but I'd say it's a stretch to claim its radically changed daily life for most people.  It's still pretty niche and  crypto's actual real world impact is minimal. There are some differences depending on where you live but the vast majority of people and businesses still haven't adopted it.

There are some studies that show that there are currently around 100 million Bitcoin users worldwide. If true, that means that only 1.3% of the world's population currently owns bitcoin. Of course, you could argue that more people are involved in altcoins, but even if we multiply that number several times, it's still a tiny fraction of the global population.


I'll say all sectors.. finance mostly, but we've seen in agric, real world assets and Defi. For finance for example OP mentioned USDT virtual cards that's accessible worldwide without restrictions. That's good. I've used several binance pay for some services. But I'll be keen to apply for this Bitget card that Op mentioned. I'll reverse the process..
?
Activity: -
Merit: -
November 30, 2024, 07:17:58 PM
#3
This has been the dream from the beginning, being able to make payments directly with your cryptocurrency has been what people have been looking forward to. It will be particularly beneficial to people in countries whose currency usually faces restrictions on online payment, things will be way easier, people spending a digital currency. Hahaha, I've gotten too excited, I just hope it will be available to the general public soon.
legendary
Activity: 1820
Merit: 2700
Crypto Swap Exchange
November 29, 2024, 03:32:37 PM
#2
The cryptocurrency industry has seen massive growth over the years reshaping almost if not all sectors of our everyday existence.

What sectors were you referring to exactly? Crypto's definitely caused ripples in finance and tech circles, but I'd say it's a stretch to claim its radically changed daily life for most people.  It's still pretty niche and  crypto's actual real world impact is minimal. There are some differences depending on where you live but the vast majority of people and businesses still haven't adopted it.

There are some studies that show that there are currently around 100 million Bitcoin users worldwide. If true, that means that only 1.3% of the world's population currently owns bitcoin. Of course, you could argue that more people are involved in altcoins, but even if we multiply that number several times, it's still a tiny fraction of the global population.
?
Activity: -
Merit: -
November 29, 2024, 11:32:32 AM
#1
The cryptocurrency industry has seen massive growth over the years reshaping almost if not all sectors of our everyday existence.

Who would have thought that this industry would grow to the extent that banks and multinational companies would start accepting cryptocurrencies as payment?

Now, exchanges like Binance and Bitget are offering virtual cards for payment charging users from their wallet balance.

The latter exchange currently offers this virtual card by invitation only. Users can apply, and upon approval, they will receive a virtual card, which can be used worldwide for better fees.

Though we are yet to completely embrace these innovations, it is worth mentioning that the growth has been massive.

What other innovation do you think is worth mentioning and what is your take on virtual cards from these exchanges?
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