CEO Binance: big business should start accepting cryptocurrencies today
Source:slow, expensive and useless to use around the world, and that we are trying to convince the opponents of cryptocurrencies. To dispel such myths tried to head the largest crypto currency exchange Binance, Chanpen Zhao. According to him, ordinary people and large trading networks is much more profitable to share digital assets and not traditional money.
thethe Crypt is the best medium of exchange
In his Twitter Zhao said he did not understand why most of the companies still has not passed on the payments in the cryptocurrency.
I don't understand why all Internet business still does not accept the cryptocurrency as means of payment. They are easier, faster and cheaper than conventional payment systems. Less paperwork, more customers in all regions of the world.
Furthermore, the cryptocurrency much easier to conduct transactions, even if their capacity is not yet able to compete with PayPal. Traditional payment services require huge amount of paperwork and procedures KYC, which greatly complicates the whole process of money transfer.
For any internet (non-physical) based business, I don't understand why anyone would not accept crypto for payments. It is easier, faster and cheaper to integration than traditional payment gateways. Less paperwork. And reaches more diverse demographic and geography.
— CZ Binance (@cz_binance)
The words of Zhao, was published a short time later after an interesting financial consultants from McAdam Financial Pat Chirchirillo. According to him, the use of traditional payment systems will cost the people on 3233% more expensive than the use of the crypt.
And although the mass distribution of Bitcoin in the world is still very far away, the first steps toward building a new payment infrastructure crypts are now. A huge contribution to that end makes a service BitPay. Quite recently, the company published a report which talked about their successes in 2018. This year, the company managed to process more than a billion dollars of payments in the cryptocurrency.
Our Visitors are happy to share with you the crypt. Join them to contribute to the creation of the world of decentralization.
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