IMF Poll: Cryptocurrency Payments Will Be Mainstream By 2024

An ongoing poll by the IMF shows that more people believe that cryptocurrency will be the most popular payment means for lunch by 2024. More People Prefer Crypto As at press time, more than half of the respondents say they would use cryptocurrency to pay for lunch in five-years’ time. Of the almost 26,000 votes […]

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Ukraine’s Capital Kiev May Soon Accept Bitcoin for Public Transport

Authorities at the Kiev City State Administration (KCSA) are reportedly re-examining the merits of adopting Bitcoin (BTC) payments in the city’s public transport system. The move is part of efforts to upgrade Kiev’s public transport infrastructure to meet up with the standards seen in other major cities across the globe. Accepting Bitcoin on Kiev’s Public […]

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Paul Brody: Bitcoin Has No Practical Use

Paul R. Brody, the Global Blockchain Innovation Chief at Ernst and Young (EY), says he sees no practical application for Bitcoin and other cryptocurrencies. This statement comes amid a growing rate of adoption of virtual currencies in both developed and developing nations.  Tokenized Fiat (Not Bitcoin) is The Future of Money Speaking to Forbes India, […]

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You Can Now Buy Bitcoin At The Post Office In Liechtenstein

The national post service of the small European country of Liechtenstein has confirmed it will now offer Bitcoin (BTC) sales as part of its product range. Liechtenstein Post: Bitcoin Exchange ‘No Different From Fiat’ In a press release, Liechtensteinische Post confirmed that as of February 15, anyone could exchange fiat currency for Bitcoin at its […]

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New Survey Finds 40% of Chinese Want To Invest In Bitcoin

A new survey asked nearly 5000 Chinese people about their familiarity and interest in cryptocurrency. The results of the survey show that two in five or 40 percent wanting to invest in bitcoin, despite the current bear market. Subject Knowledge The survey found that 98 percent of the respondents had heard of at least one concept related to cryptocurrency […]

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Tim Draper is Betting On Bitcoin Lightning Payments for Starbucks

Bitcoin payment processor OpenNode has successfully concluded a seed round. The project has raised $1.25 million with prominent Bitcoin proponent Tim Draper and Draper Associates.  OpenNode Seals the Deal OpenNode is a bitcoin payment processor, describing itself as “the easiest way to accept bitcoin.” The company has announced that it managed to close a $1.25 […]

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Cambridge Study: ID-Verified Crypto Users More Than Doubled in 2018

The University of Cambridge Center for Alternative Finance says the number of verified cryptocurrency users has increased in 2018 despite the year-long bear market that has seen prices tumble more than 80 percent. Retail Cryptocurrency Adoption is on the Rise According to a study by the Cambridge Center for Alternative Finance, the number of verified […]

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Bitcoin Price is More Reliable in 2018, Says SFOX Exec

Although Bitcoin price and virtually all altcoins dropped during the course of 2018, an optimistic review coming from SFOX, a cryptocurrency prime dealer for large-scale investors, reveals that the market also became more stable this year, after Wall Street companies joined the game. Price fluctuations raise questions and fears, and when large amounts of money are […]

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