By FintechNews staff
-With cryptocurrencies rising in popularity and value, workers across the globe are increasingly expressing demand to be paid in this currency.
-People who want to be paid at least partially in bitcoin are doing so because they’re worried about inflation.
-Many digital nomads prefer to be paid fully in bitcoin, mostly because it makes international transactions a lot easier and often cheaper
-Bitcoin is becoming easier than ever for holders to spend as they wish online (Microsoft, Namechip, Newegg, Overstock, Shopify, AT&T, Dish Network).
-You can spend your Bitcoin in the physical world, too (Home Depot, Starbucks, GameStop, Whole Foods
-McDonald’s and Burger King are experimenting with accepting cryptocurrency in some international locations.
Advantages of accepting bitcoin payments for business:
-A wider customer base: There’s a large number of people who prefer to pay digitally.
-Lower transaction fees: Since there´s no third-party involvement of any kind, there are very little to no transaction fees associated with Bitcoin payments.
-Better security and privacy: Bitcoin transactions are securely recorded on the blockchain ledger.
To go deeper on these subjects: