If the merchant never receives the crypto as the payment, only fiat, then are they really accepting crypto???
Oh yeah, it means that you can pay for more things in BCH, that always signals adoption. BCH's economy is always going to be closed, at least until fiat is tokenized on top of it
But my point is that individual vendors can choose to actually accept and get paid out in the BTC/BCH they receive, so saying that using Bitpay isn't accepting Bitcoin is false
Ok, I see your point.
However it’s difficult for me to get excited about it. It is more exciting when a merchant is actually accepting crypto IMO. That is how currency is born.
Yeah small vendors accepting Bitcoin is what the movement is all about, totally with you there, but AT&T is too structured to be making speculative investments in increments that small
Good point. I suppose you gotta have a strong stomach to handle the volatility in crypto land. It’s one hell of a roller coaster sometimes 🤢🤮😂
We don't know what they do with the crypto, although is none of our business. Bitpay offers settlement in Fiat, BTC, BCH and stable coins.
