Immediately two news suggests that cryptocurrency is becoming an increasingly important part of the modern financial system. Moon Technologies has created an application that allows you to pay for purchases in the online store using tokens. And LibertyX offered to users of ordinary debit cards to buy Bitcoins at ATMs.
Critics of cryptocurrency often use the argument about the impossibility of the practical use of tokens as evidence of the uselessness of digital financial assets. And they do have proof. A very limited number of outlets is ready to ship goods for Bitcoin.
But now the situation is changing dramatically. Moon Technologies has created a solution that allows you to make purchases from online stores, with payment directly from the cryptowallet. Moreover, the transaction takes place instantly, and no commission is charged for it. The user simply installs the add-on for the Google Chrome browser, after which he can make purchases on Amazon. For calculations, an attached wallet from Coinbase is used.
Moon Technologies plans to increase the number of partners, which, according to experts, will increase the company's turnover to $ 7 billion. In the near future, AliExpress, Walmart and eBay can join the project.
No less interesting solution was offered by LibertyX. It received permission from the New York State Department of Finance to provide services for the purchase and sale of bitcoin.
Moreover, the transaction can be made through an ordinary ATM, using a debit card of partner banks. Now in the United States already more than 100,000 ATMs allow you to purchase digital financial assets.
The news that has arrived suggests that the popularity of cryptocurrency as a means of payment can grow several times in the near future. Taking into account the fact that transfers are made without commissions, it becomes extremely beneficial to pay for the purchase. Especially for customers from other countries. It is too early to conclude that the market expects an explosive rise in prices for digital financial assets. However, in the near future, we can hope for increased demand from buyers.