Cartoon: Obstacle Course
For the crypto industry, attracting the next 100 million consumers to start using tokens as currency is going to require simpler access methods. The current process of exchanging a fiat currency (e.g., USD) to any cryptocurrency (e.g., bitcoin), is a multi-step process with lots of obstacles.
This article originally appeared on Bitcoin Magazine.
Related Posts


Can Government Regulation Incentivize Bitcoin Mining With Renewable Energy?
The Responsible Financial Innovation Act offers clarity around Bitcoin-related terms and could incentivize bitcoin mining with renewable energy.Listen To The Episode Here:AppleSpotifyGoogleLibsynOvercastIn this week’s episode of “Bitcoin Bottom Line,” hosts C.J. Wilson and Josh Olszewicz are discussing the latest in the Bitcoin space and the bipartisan Responsible Financial Innovation Act.Wilson begins by discussing the New…

Chinese Listed Companies and Bitcoin Mining: Partner or Predator?
This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on…

QuadrigaCX Starts Bankruptcy Proceedings
It’s been a long and winding road with many twists and turns for the beleaguered cryptocurrency exchange QuadrigaCX and its 115,000 former users who are owed roughly $190 million. On April 8, 2019, the case reached a critical fork in the road as a court, recognizing that attempts to restructure the exchange have failed, appointed…

Bitcoin Is The Ultimate Paradigm Shift
Upon understanding it, Bitcoin fundamentally changes the way people see the future of money.For millions, bitcoin equates to hope — for others, it’s an end to centralized control of people’s money — and for some it's both. I was introduced to Bitcoin in 2017 by a work colleague who stated this technology would be the…

Just As The Harlem Globetrotters Changed Basketball Forever, The Perth Heat Can Change Sports Forever With Bitcoin
An Australian baseball team, the first to fully adopt a bitcoin standard, is well-positioned to be a bitcoin advocate in the sports world.Almost 100 years since the Globetrotters were formed in 1926, the Perth Heat, Bitcoin’s baseball team from Australia, is set to change sports forever, but in a different way.Originally, the Globetrotters played a…

Binance Launches Margin Trading Service
Global cryptocurrency exchange Binance launched its margin trading platform today, July 11, 2019. Using the new Margin Trading platform, users can leverage their digital assets in order to borrow funds from Binance. They can then trade the borrowed money — a practice that comes with high risk but also allows for amplified profit potential. In…

World’s Largest Bitcoin ATM Software Platform Acquired By Bitstop Founders
Andrew Barnard and Doug Carrillo of Bitstop have announced the acquisition of Genesis Coin Inc.Genesis Coin Inc., the first and largest bitcoin ATM software platform in the world, announced that they have been acquired by Bitstop Founders Andrew Barnard and Doug Carrillo. According to the press release sent to Bitcoin Magazine, Genesis Coin’s technology powers…

MicroBT Unveils New WhatsMiner M6XS+ Series at Bitcoin 2024 Conference
MicroBT, a leading innovator in the Bitcoin mining industry, unveiled its latest WhatsMiner M6XS+ series during the Bitcoin 2024 conference in Nashville, TN. The new series, featuring air-cooling, hydro-cooling, and immersion-cooling models, represents a leap forward in renewable mining technology. Dr. Zuoxing Yang, founder and CEO of MicroBT, highlighted these advancements in his keynote address