Amazon plans to accept Bitcoin payments this year, claims insider
“It begins with Bitcoin,” an anonymous insider said in describing Amazon’s intent to enter the cryptocurrency payments arena. Go to Source Powered by WPeMatico
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Busking for Bitcoin: Report Finds Street Performers Depend on Digital Payments
Street performers, or buskers, are leaning more toward digital platforms these days compared to the old method of accepting loose change. A report recently published by economists at RMIT University in Melbourne, Australia has found that in certain areas, buskers get more donations via digital payment methods like Paypal and bitcoin from people passing by, … Read more
InComm Payments merchants can now accept crypto through Flexa
Payments are the next major hurdle for global cryptocurrency adoption. A new partnership between Incomm Payments and Flexa will enable crypto payments for hundreds of thousands of merchants worldwide. Go to Source Powered by WPeMatico
Nigerian secondary school will accept crypto payments despite regulatory uncertainty
“We believe one day digital money will gain more acceptance than paper money,” said school director Sabi’u Musa Haruna. Go to Source Powered by WPeMatico
Sotheby’s will allow people to trade their crypto for an ‘intrinsically worthless’ rock
Is the auction house betting that diamonds will become a crypto user’s best friend? Go to Source Powered by WPeMatico
Cornell Economist Says Bitcoin Has 3 Flaws Driving People to Search for Better Alternatives
Cornell University professor of economics and former head of the IMF’s China division, Eswar Prasad, sees three major flaws in bitcoin. Because of these flaws, the professor says that “bitcoin really has set off something of a search for a better alternative.” Cornell University’s Professor of Economics Outlines Bitcoin’s Flaws Cornell economics professor Eswar Prasad … Read more
Pro basketball league in Canada will offer players Bitcoin salaries
“The ability to have part of my salary go directly into an investment that I believe will appreciate greatly over the next 10-30 years is a no-brainer,” said Guelph Nighthawks guard Kimbal Mackenzie. Go to Source Powered by WPeMatico
NASCAR driver opts for crypto payment in sponsorship deal
“There are a handful of pilots who like crypto, but I am probably one of the ones who has been around long enough and I am quite comfortable with how it works,” said Landon Cassill. Go to Source Powered by WPeMatico
El Salvador reportedly weighing paying employees in Bitcoin
A 2001 law on monetary integration in the country states that salaries and fees may only be paid in colónes or dollars. Go to Source Powered by WPeMatico
Latin American telecom company accepts crypto payments through BitPay
GoldConnect will be able to process crypto transactions made in Bitcoin, Ether and other digital assets through its new LatamConnect platform. Go to Source Powered by WPeMatico
