News
Spar shoppers in Zug, Switzerland, can pay for their groceries in Bitcoin via the Lightning Network, as over 1,000 Swiss businesses have implemented Bitcoin payments.
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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
Lomond School becomes the first in the UK to accept Bitcoin for tuition and launch a curriculum in BTC and Austrian economics with Saifedean Ammous.
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The bill seeks to legalize cryptocurrency payments using Bitcoin, Ethereum, Litecoin and Bitcoin Cash, but may mandate an an additional state “service fee” for these transactions.
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Bitcoin can experience significant drawdowns on weekends during market turmoil as the only major global asset available for de-risking 24/7.
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A Bitcoin user accidentally paid 0.75 BTC in transaction fees after a panic-induced replace-by-fee error, highlighting the risks of manual transaction settings in crypto wallets.
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In the past, businesses tended to hire locally. Cryptocurrency adoption, however, continues at pace, forcing businesses to rethink how to attract, retain and pay global talent.
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The adoption of crypto payments could be due to the growing acceptance of digital assets in the region, with governments lending a helping hand.
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From Bitcoin to stablecoins, what’s next for digital currency? Stablecoins will continue to play a fundamental role in crypto payments, and their important role will only grow.
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Africa’s unique challenges and vast potential drive crypto innovation, potentially catalyzing global adoption and refining blockchain technology for everyday use.
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We already know the answer to solving the mainstream adoption problem. Abstracting complexity, focusing on user experience and integration with existing platforms will enable success.
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Institutional cryptocurrency payments could become more popular thanks to Trump’s incoming crypto task force and CBDC ban.
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Cryptocurrency adoption by merchants is reshaping global commerce, driving financial inclusivity and enabling a borderless future.
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Litecoin saw the largest number of transactions, followed by Bitcoin and Ether.
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Heritage Distilling has adopted Bitcoin for payments and treasury, becoming the first publicly traded distiller to integrate cryptocurrency into its business model.
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“If Washington D.C. can ruin something, it likely will. And it is certainly ruining the US dollar,” said Senator Deevers after introducing the bill.
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