The overheated "crypto-currency" market began to cool down last month, but even during the boom, the popularity of these "virtual money" as a means of payment was steadily declining, as Bloomberg noted with reference to Morgan Stanley research data. Market participants are accustomed to consider crypto currency as a kind of financial and investment tool, rather than a means of payment for goods and services.
Five hundred leading retail companies, according to Morgan Stanley, are not in a hurry to accept bitcoin for payment. Moreover, for a year their number has even decreased from five to three. Experts explain this not only by the unwillingness of the holders of crypto currency to spend expensive money, but also by high commissions for the corresponding transactions. Small purchases, for example, with a high commission rate become meaningless.
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