News
El Salvador’s Bitcoin adoption agenda continues apace, this time extending to a local airline.
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Bitcoin Payment News
Bitcoin, as any other type of established currency is, among other things, meant to be a method payment. As of yet, Bitcoin payments have not become widely used, though they are surely moving towards it. The Bitcoin payment process establishes a pretty high entry barrier
for users and pushes some potential users away. The small amount of accepters makes using Bitcoin as a means of payment an unnecessary option for most businesses. Still,
it might not be not wise to turn down a method of payment that is useful for some clients, since accepting payments though Bitcoin isn’t really that hard of a task. There are multiple guides on how to accept Bitcoin payments and secondary services have been made to ease in this task. Bitcoin payments were, for some time, slow and expensive, but the development of Bitcoin makes it easier and faster to use Bitcoin as an alternative to cash for regular, small purchases.
- News
After pulling back from Bitcoin three years ago, Stripe is looking to reenter the crypto sector.
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Arcane Research says that Lightning Network usage has been on a steep upward trajectory since late last year, but in September, growth went parabolic off the back of El Salvador’s Bitcoin adoption.
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“I just want my coins back. I'm tired of how long and drawn out it is," said one user claiming to be one of the 24,000 Mt. Gox creditors.
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One of the world’s largest point-of-sale providers has partnered with BitPay to allow U.S.-based merchants to accept crypto payments
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Efforts to expand Bitcoin’s functionality for payments, smart contracts and Web 3.0 are well underway, opening the door to wider mainstream adoption.
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S&P Global believes El Salvador’s recognition of Bitcoin as legal tender has brought “immediate negative implications” for its credit rating.
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The cinema operator has expanded its plans to accept crypto payments for movie tickets with the inclusion of Ether and Litecoin.
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Lightning Network is the leading Bitcoin scalability solution, providing layer-two transaction capabilities separate from BTC’s main blockchain.
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Bancoagrícola will work with Flexa to accept Bitcoin across the bank’s network for payments like loans and credit cards.
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The fact that Jack Dorsey has time and again showcased his support for BTC suggests that a Bitcoin tipping jar may be in the works for Twitter.
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Bitcoin-as-a-payment is becoming reality in El Salvador after the country formally recognized the cryptocurrency as legal tender.
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The company says it expects Bitcoin and other cryptocurrencies to come into greater everyday use, especially once tokens become more environmentally friendly.
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The Chedi Andermatt has 123 rooms and suites going for as low as 1,300 francs per night in the high season, or roughly 0.03 BTC or 0.45 ETH.
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Substack has more than 500,000 paid subscribers, but Bitcoin payments will first be available to "a select group of crypto-focused publications."
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