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>fuel adoption of crypto and speed up the demise of parasitic middlemen who take a cut off every transaction Most business owners do not have the technical abi
by way2983 8y ago
>fuel adoption of crypto and speed up the demise of parasitic middlemen who take a cut off every transaction
Most business owners do not have the technical ability, interest, or logistical overhead to actually accept "crypto" (or cash) without "parasitic middlemen". This is why Coinbase, BitGo, et al. are very successful in this area, and account for virtually all cryptocurrency commerce. The function of Coinbase or BitGo is not parasitic; no business wants to cope with the arduous requirements to be able to accept and store cryptocurrencies.