A senior vice president at ebay Americas recently said that he is “seriously considering” accepting Bitcoin as a new payment method. In an interview with Yahoo! Finance, Scott Cutler admitted that while the company is considering the possibility, no final decision has been made. Cutler also added that the site is one of the most popular trading platforms for mining equipment.
More and more companies are beginning to accept cryptocurrency as an acceptable payment method. This is because the price of Bitcoin is skyrocketing and it is receiving more and more investments every day. This increase in value is also due to the increase in the number of traders from Asia and the US. Last week, brokerage app Coinbase rose to number one in the Apple Store app. A huge number of investors were using the app, causing record traffic to crash the Coinbase website. Unfortunately, even though companies are starting to see Bitcoin as a viable currency, there are still few people willing to use it.
In New York, an elementary school began accepting tuition payments in bitcoins. At the same time, Square, which develops a mobile application for electronic payments, introduced the ability for premium users to pay with Bitcoin. These are just a few examples of Bitcoin being used as a means of payment for everyday purchases. However, there is a growing trend and, most likely, in the near future, it will be possible to pay with Bitcoin in most establishments.
In the last few years, there has been a huge hype around cryptocurrencies. This could be a clear sign that 2018 will be the year of the Bitcoin green revolution.
According to https://coinjournal.net
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