Although we’d love to see it happen in a single day, cryptocurrency mass adoption takes time. Two new examples show that it is indeed inching towards being generally accepted. The Ontario town of Innisfil has announced that they will be accepting cryptocurrencies, Bitcoin first, for property taxes payments during a trial that will last a year. Meanwhile, Sweden-based crypto gift card provider Bitrefill now lets you book AirBnB rentals in the US using five different cryptocurrencies.
Innisfil residents will be able to pay taxes with Bitcoin through a wallet called Coinberry Pay. The funds, sent in Bitcoin, will then be converted to the Canadian dollar and transferred to the town. Ethereum, Litecoin, Bitcoin Cash, and XRP may follow, according to national news agency The Canadian Press. The trial period for this payment option will last a year, starting in April.
Innisfil, which is a home for 36,000 people, is far from the first jurisdiction to implement s…
Wow this could be big news for Bitcoin Adoption!
Leaked images of the upcoming new Samsung Galaxy S10 suggest the smartphone could aid bitcoin adoption with a built-in cryptocurrency wallet!
The leaked images, first reported by Samsung news outlet SamMobile, appear to show the rumored Samsung Blockchain Keystore cryptocurrency wallet app running on the new Galaxy S10.
Ethereum, currently the world's second largest cryptocurrency by market capitalization after bitcoin and Ripple's XRP, is named as a supported cryptocurrency but a previous report from SamMobile last year claims the wallet will also support for bitcoin, ethereum-derived ERC20 tokens and bitcoin cash.......
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School children in Venezuela recently received a large bundle of much needed school supplies all paid for in Bitcoin and donated from the amazing community over at Reddit.Check out the video of some very excited school children receiving their school supplies from Santa.