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Cryptocurrency Adoption: How Businesses Are Adapting to the Blockchain Revolution

Published 02/10/2020, 09:47 AM
Updated 02/10/2020, 11:22 AM
Cryptocurrency Adoption: How Businesses Are Adapting to the Blockchain Revolution
BTC/USD
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There are many reasons why people own cryptocurrencies. One is to store cryptocurrencies as value due to the limited supply of coins like Bitcoin. Some people store cryptocurrency for speculation — meaning they aim to make a profit when a coin’s value increases against the United States dollar or other coins.

One of the major reasons why people own Bitcoin is to be able to make daily transactions, from shopping in a grocery store to travelling around the world. But are businesses keeping up with the crypto revolution? Let’s take a look.

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