Can cryptocurrencies be used for everyday purchases?
- Submitted by 1 year ago
Luca Fisher
Answered 1 year ago
Cryptocurrencies can be used for everyday purchases at select merchants and online platforms that accept them as a form of payment. However, their acceptance as a widely used medium of exchange is still limited compared to traditional fiat currencies. Efforts are underway to increase cryptocurrency adoption for everyday transactions through payment processors and partnerships with retailers.
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