Most major companies don’t accept bitcoin, and even though there are now startups that help bitcoiners spend their coins in popular marketplaces such as Amazon, living on bitcoin is still a huge challenge. Companies such as Uber and Netflix didn’t yet embrace bitcoin and the advantages it brings to the table and, as such, other payment methods are required.
If someone wants to pay the bills using the cryptocurrency, for example, that person is out of luck as in most cases there is no way to do so – even though bitcoin is slowly taking over the world. Bitcoiners are, as such, forced to use centralized, less secure fiat currencies.
Full story at http://bit.ly/2pdXZEG
Donation:
If you appreciate the things I share,
consider making a contribution no matter
how small via PayPal. If you use Bitcoin you can
send donations to my Bitcoin Wallet:
12pAsyMdZoTHPvkiRAZiuQhC8bF4DLbYpQ
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.