One of the founding principles behind Bitcoin – and by proxy, all cryptocurrencies that followed – was to replace fiat currency and the banking system that fiat relies on. The dream lives on, and e-commerce is the space where it’s happening fastest. E-commerce is like the natural habitat of Bitcoin. It’s the easiest space in which to make transactions with Bitcoin and where most retailers currently accept payments in cryptocurrency. Retailers are constantly on the search for ways to minimize the transaction fees they pay. While retailers can pass those fees onto customers, most eat the costs to keep prices…
Bitcoin Poised to Replace Fiat Money in E-Commerce
