blockchain Cryptocurrencies Adoption Payments

This is how Satoshi Nakamoto envisioned crypto working

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cointelegraph.com

Satoshi Nakamoto, the creator of Bitcoin (BTC), originally envisioned cryptocurrency as a form of payment between two people.

This is a key reason why blockchain, the underlying technology of the crypto ecosystem, found its best use cases within the payments sector.Blockchain-based payment solutions, widely known as crypto payments, allow for a truly global financial network.

Cryptocurrencies are detached from geographical restrictions, allowing for seamless transactions between different regions across the globe.

The robust technology and potentially minimal fees introduced with cryptocurrency make this type of payment an ideal fit for transaction-heavy digital sectors such as online shopping or e-commerce.While blockchain-based payments provide significant benefits for the e-commerce industry, online merchants have been taking a wait-and-see approach when it comes to accepting crypto.

Read more on cointelegraph.com
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