Will Crypto-Based E-Commerce Destroy the Dinosaur-Style Banking Industry?

Banking, as we know it., has been around since the first currencies were created – perhaps even earlier, in some form or another. Currency, especially coins, came out of taxes. In the early days of ancient empires, an annual tax of one pig was reasonable, but as empires expanded, this type of payment became less desirable.

However, since the Covid situation, not only do we seem to be moving towards a “cashless” society, (as one might want to handle “dirty money” in a shop) and “contact Lis” credit card transaction level now increased to £ 45, and now even accepted small transactions, such as a daily newspaper, or a bottle of milk, are paid for by card.

Did you know that there are over 5,000 cryptocurrencies already in use and Bitcoin features high on the list? Bitcoin, in particular, has had a very volatile trading history since it was first created in 2009. This digital cryptocurrency has seen a lot of action in its fairly short life. Bitcoins…

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