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Topic: Paying with crypto is more accessible than ever (Read 833 times)

full member
Activity: 679
Merit: 102
December 09, 2020, 12:29:11 AM
#79
Paying with crypto is now more accessible than ever because of the massive cryptocurrency that happened in the past months and still continuing now. One of the biggest Cryptocurrency adoptions was when Paypal announced it. As we all know how many users does PayPal has.  And it is being followed by giants private companies too like Toyota and also the Banks from some countries.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
yes, I am also happy to hear if there is a service that accepts payments via crypto. If I'm not mistaken pizza companies in America accept crypto payments. but majority use via BTC & ETH. I have never heard of accepting other crypto uses, if anyone knows, maybe you can enter the information here.

None of the major Pizza chains have officially started accepting cryptocurrency as a payment. But some of the franchises have started accepting it in the United States and Canada. And apart from BTC and ETH, other popular options are BCH, LTC and USDT. The latter group is getting more popular now, as the transaction fee has increased for both Bitcoin and Ethereum.
full member
Activity: 2520
Merit: 204
OrangeFren.com
It should be an old data but how much total merchants that accept crypto as payment has already changed. I rarely to see that people are using crypto like BCH or even litecoin to buy on the merchant. I have ever seen people use dash to buy the product from the merchants but it has already a long time ago.
I believe if there is a lot of differences on the how much merchants that is still accepting crypto as payment.
Well that depends in which country and the availabilities of crypto in certain places,Like us with my crypto friends and workmates that has a Bitcoin in our wallets but have no place to purchase using our funds.

Though it is not that Wide the market that accepts Crrypto as payment at least we knew that if given a chance there are lots of people wanted this to be available in their respective location and this is the big thing here.

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And also a little start will Light the Fire We can help the spread if will contribute a small effort and time ,at least in our business offer accepting crypto or encourage our friends that has business or even normal  employee represent what crypto is.

Maybe we may add to the adoption that we are waiting for.
sr. member
Activity: 1020
Merit: 391
The trend is to improve more and more with the advancement of technology and with the advancement of the dissemination of crypto to the world, improving the payment ecosystem. So we must be aware that in the coming years we will encounter payments of quantum speed. To conclude, perhaps we will find decentralization, which is the purpose of crypto fully accepted by the mass and institutions in the near future.
hero member
Activity: 1302
Merit: 532
i still think that BTC and ETH are the most useful for paying crypto - they have enough liquidity, and well-developed psp infrastructure. but for investment i think the best - defi projects for now
The risk factor for investing in Defi is really high, yes there were projects that helped the investors in making a ton of profit but the amount of scams that are appearing is increasing by day and we have already witnessed many scams in the market in this name and now all the projects are adding Defi to their name as it is the trend now. So anyone willing to invest should understand the risk involved as well.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
Compared to old days, crypto is now really made more accessible than ever because people are now recognising its worth and importance as well as its usage so people are making use of the advantage of having crypto to be made certainly as payment options. On the part of the merchants, since they are seeing people are gaining interest of using crypto, they are also making certain adjustments of allowing or accepting crypto payments for the goods and services being purchased by their customers to get along of what their consumer needs and wants. Certainly with the increase of demand in using crypto, the accessibility is now being made easier for the part of normal people and companies as well as businesses are taking into adjustments to fulfill the need of both parties taking it as an opportunity to accept and use crypto more evenly compared from before.
sr. member
Activity: 1610
Merit: 264
i still think that BTC and ETH are the most useful for paying crypto - they have enough liquidity, and well-developed psp infrastructure. but for investment i think the best - defi projects for now
Useful isn't the right word, mate. Any cryptos were here for something( not you shitcoins). You would probably say "preferred" for paying because aside from popularity, you could also consider the scalability from the supply though network problem comes at place in here.
sr. member
Activity: 1680
Merit: 379
Top Crypto Casino
I am not really a big fan of these Bitcoin credit cards that have been getting so much hype lately. I think it is better for people to use Bitcoin directly for payments instead of using fiat intermediaries. We should be celebrating the few places that have embraced bitcoin for payments so that more companies will be encouraged to also accept it.
jr. member
Activity: 175
Merit: 1
guestcrew.com
yes, I am also happy to hear if there is a service that accepts payments via crypto. If I'm not mistaken pizza companies in America accept crypto payments. but majority use via BTC & ETH. I have never heard of accepting other crypto uses, if anyone knows, maybe you can enter the information here.
jr. member
Activity: 153
Merit: 1
i still think that BTC and ETH are the most useful for paying crypto - they have enough liquidity, and well-developed psp infrastructure. but for investment i think the best - defi projects for now
yes, for paying btc seems to me more stable than everything else. but i use crypto mostly to invest - and yes, i prefer to go into perspective dex projects, if they look credible for me
oh so you might be interested in xsigma project, it's stablecoin dex backed by a public company. Just saw their announcement and waiting for tech details
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
Paying with cryptocurrency has turned to be easier than the past. Particularly the increase can be felt upon the online services in large scale than the offline stores. Limited locations around the globe provides better access for bitcoin on offline stores. In particular this is found high in USA and on countries where the usage is legalized. Maybe within the falling few years time we can expect atleast another 50% growth from the present margin of acceptance.
full member
Activity: 1190
Merit: 117
Right now easier to find merchants that accept cryptocurrency payments. Because cryptocurrencies continue  to grow
every year and are increasingly popular, unfortunately my country doesn't allow using crypto as a means of payment.
So for the time being I use cryptocurrency as a digital asset. And if I want to spend the cryptocurrency that I have, I will
cashout first to become fiat.
jr. member
Activity: 154
Merit: 2
i still think that BTC and ETH are the most useful for paying crypto - they have enough liquidity, and well-developed psp infrastructure. but for investment i think the best - defi projects for now
yes, for paying btc seems to me more stable than everything else. but i use crypto mostly to invest - and yes, i prefer to go into perspective dex projects, if they look credible for me
sr. member
Activity: 1050
Merit: 286
It means that more people open their eyes about it and adopting it. The progress of cryptocurrency until today is really great but what I like these days are those crypto cards, there are few altcoins that partners with VISA and provides a convenient service like paying crypto in different merchant because Visa is more available currently in the establishment and businesses right now. I think VISA and cryptocurrency are not an enemy they are good partners but I find them often being compared to each other.
Indeed, as big paying companies are now also adopting the use of bitcoin, there will be a big impact on the spread of knowledge about the cryptocurrency itself. They are now also adopting the use of bitcoin but not only that because they are not curious what bitcoin is and that makes them explore or study what crypto is. We all know that bitcoin is not only for paying method but also a good opportunity for investments. Paying with crypto is indeed more accessible and convenient.
jr. member
Activity: 153
Merit: 1
i still think that BTC and ETH are the most useful for paying crypto - they have enough liquidity, and well-developed psp infrastructure. but for investment i think the best - defi projects for now
member
Activity: 1764
Merit: 10
Quite right, cryptocurrency is already used in many places and will be used in large areas soon, because over the years cryptocurrencies have made incredible progress and this is only the beginning, so I think in a couple of years it will already be possible to pay with cryptocurrency almost everywhere.
full member
Activity: 966
Merit: 153
No inclusion of Monero?  Huh
Though, all the coins you listed widely used for transaction. Making it easier for merchants but I feel Monero should be included. The coins has lost of transaction especially in the dark web. Many people may frown at this considering the fact that it is used by criminals. But lots of legit people still use cause it anonymous transactions is assured.
full member
Activity: 1176
Merit: 162
It means that more people open their eyes about it and adopting it. The progress of cryptocurrency until today is really great but what I like these days are those crypto cards, there are few altcoins that partners with VISA and provides a convenient service like paying crypto in different merchant because Visa is more available currently in the establishment and businesses right now. I think VISA and cryptocurrency are not an enemy they are good partners but I find them often being compared to each other.
full member
Activity: 924
Merit: 106
homt.net
I think that still you are able to pay only with BTC or LTC(ETH) on the internet, but forget about option to pay with DASH or Monero, who will accept it? Only stores that are connected to shady activities because legit stores have to prove the source of income.
sr. member
Activity: 2828
Merit: 344
win lambo...
The use of cryptocurrency is on the way to make it a reality for salary payment, online transactions and etc...But it comes into my mind that not only on OP's list are now being used in the market and probably there are more that is not on the list. But I understand also that in general, most of us are preferred for Bitcoin as a mode of payment rather than being paid by altcoins. ETH can be considerable because most establishments that accepting cryptos are also preferred for accepting Bitcoin and ETH.

However, the realization might not so easy, instant nor to see that everyone is prepared for it that is why it takes time to develop. So we may able to see this happening for the next years.
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