Bitcoin has been accepted not only by users but also by retailers in recent years, and this has been faithfully reflected in the accelerating development of cryptophone markets. After BC’s dizzying increase in value in 2017, many retailers have announced that they will also accept crypto money for payment – although several of them later backed out. Recently, however, more and more companies are once again in sight of integrating bitcoin payments.
One reason for this is that cryptocurrency technology is constantly evolving. Innovations such as the Lightning Network are great for scaling the number of transactions on your network and making them faster and more efficient. The second reason is that cryptocurrency is no longer limited to a vague corner of the financial services industry. The public list of some cryptocurrency exchange platforms, new exchange rate records, and positive mentions from regulators and decision makers prove its potential.
News, media and online content
Many online magazines accept bitcoin for subscriptions or other services. On the mainstream line, the Chicago Sun-Times was the first major publication to allow subscription in cryptocurrency as well, as early as 2014. That same year, Time Inc. began accepting cryptocurrency for digital subscriptions, and Bloomberg News now accepts it.
The insurance industry has been largely cautious about embracing cryptocurrencies. But things are starting to change. With the exception of life insurance, some providers now allow you to pay with bitcoin.
It seems logical that websites and web-based services should also accept the digital currency. In the online world, merchants came in line first, followed by online services – for example, there are several cloud-based repositories where you can pay with cryptocurrencies. Of course, gaming platforms were not left out either: many Hungarian online casino also allows players to make their deposits in bitcoin.
Bitcoin is sometimes referred to as “digital gold,” but real gold can also be purchased with it. This is possible at several stock exchange service providers, such as Bitgilde. Of course, not only gold but also other precious metals such as silver can be purchased.
Steam was the first to accept BC, but in 2017, the service provider withdrew this option. You can still pay for games; through Green Man Gaming, for example, it is possible to purchase Steam keys with bitcoin. Virtually any game is available for Xbox, PlayStation and Nintendo. Alternatively, both Xbox and Playstation Network directly accept Bitcoin for games, subscriptions, and other services. Online games and gambling are also included in this category, which has a major impact on economic processes, as civilhetes.net can also be read on page.
In addition, domain names can be purchased using bitcoin from registrars such as Namecheap, Monovm and Domains 4 Bitcoins. These platforms sell the most popular top-level domains for bitcoin, but some also offer web hosting, private servers, and virtual private servers.
Source: Geeks.hu – hírek by geeks.hu.
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