The Bubble Is Not A Bubble Actually

in #cryptocurrency6 years ago (edited)

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Berkshire Hathaway chairman and CEO Warren Buffet had declared Bitcoin as Bubble and it's quite surprising that his news company Business Wires has published a news on 24th July, 2018 that Subway is accepting Dash Coin in Venezuela!.

Accepting crypto currency for companies is not a new news for today's. Subway frienchises in Moscow, Pennysylvania and Buenos Aires is already accepting Bitcoin as payment. Other than Bitcoin, Subway in Brno (Czech Republic) is accepting Litecoin as a means of payment.

Have a look on some tweets here -

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Other than Subway and Amazon, a lot more companies are accepting cryptos such as Shopify, Newegg, eGifter, Zynga, Pizzaforcoins etc.

Here are top 5 major companies who are accepting crypto as payment -

  1. Microsoft!
    Microsoft users can purchase games, movies and apps using Bitcoin.

  2. PayPal!
    PayPal is accepting Bitcoin as a form of payment. It’s run through payment processors such as Coinbase, BitPay and GoCoin.

  3. Expedia!
    Expedia accepts Bitcoins for hotel bookings. Expedia teamed up with Coinbase to implement crypto as payment.

  4. Virgin Galactic!
    Virgin Galactic is owned by Sir Richard Branson. This company accepts Bitcoin. Even you can pay for space travel in Bitcoin also.

  5. Overstock!
    Overstock sells big-ticket itmes at lower prices. This company is accepting Bitcoin since January 2014. Now this company accepts Ethereum, Litecoin, Dash Coin and Monero as well.

So, now we can see that after the evolution of Bitcoin and other Crypto Currencies, the payment method is changing very fast. Merchants are accepting crypto currencies as payment for products and services and the number of such merchants are increasing day by day.

Once John Donahoe, CEO of eBay, has told that - "Not only is Bitcoin exciting, it’s also going to play an “important role” in the future of PayPal."

Yes, we do agree with him.

Share your views on future of crypto.
Are your city merchsnts are accepting cryptos as payment?

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And Samsung...

Yes, Samsung too
Great bro👍👍👍👍👍👍👍
@minimining

And my very small company. But I will not classify for that list.
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Yes bitcoin is now getting widely accepted as a payment despite some economists and banking personals still terming it as a bubble.Buffet has no knowledge about technological advancements as well as bitcoin.

Young generation is more tech savy and Bitcoin is being accepted world wide now. It's good for crypto. The future of crypto is undoubtedly bright. @sadiqfarhaan

I upvoted on your post lets help each other and grow together make me a member of your community i m willing to give 4hrs to steemit

Sure bro...thank you @shubh3011
Following you....

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Coins mentioned in post:

CoinPrice (USD)📉 24h📈 7d
BTCBitcoin8177.650$-0.72%10.14%
DASHDash239.907$-3.82%-5.63%
ETHEthereum464.897$-1.24%-0.1%
LTCLitecoin83.831$-1.13%-0.95%
XMRMonero139.156$-1.43%5.4%

Should have sold back in December.

Crypto is very volatile bro. Do trading carefully. Make strategies for long and short trading.
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Although India has not shown any credibility on crypto currency, the crypt next economic solution is seen in the global scenario. Thanks for the important discussion.

Indians are crazy about crypto. We believe Indian Government will regulate crypto sooner or later. @indianculture1

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That's really amazing, lets hope crypto gets more and more global acceptance and we can have it legal in our region too soon. Good article 👌👌👌👌

Thank you @hananali
Crypto is a global currency and it's acceptance is increasing day by day.
Yes regulation is must from government side for it's legalization.

Exactly, governments should legalize it also.
That will be a great help, Imagine us paying with crypto currencies at Subway in South Asia , that's feels like a dream as of now

We have to wait till 11th September, 2018. What Supreme Court decides crypto's fate!!
@hananali

That's great, am glad in India courts are looking into it's fate, I haven't heard anything as such yet in Pakistan though

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