Bitcoin has certainly left its mark on this industry, demonstrating how cryptocurrency could be used as a means of payment and remittance. And yet, many of us correctly predicted that cryptocurrency is a spark of a much wider financial revolution, granting financial opportunity to a wider cohort of the population than the traditional financial systems afforded, and drastically changing financial services such as banking and payments.īesides minting millionaires overnight, the technology behind cryptocurrency is quietly and diligently transforming a key industry: payments. This opportunity, amongst volatility, is what speaks to so many speculators, and what scares so many others. Since its inception, the value of bitcoin has fluctuated on such a scale that it has enabled bitcoin owners to vastly change their wealth in a few short years, for better or for worse.
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