Bitcoin: From a digital world to the real one
The ESMT University in Berlin is already accepting Bitcoin as valid payment currency. I guess we are not paying much attention to it, as it is growing up every single day and in every single direction, but this is something big, and sooner or later it's going to be out there, and available to everybody.
The truth is at the moment we keep it for the 1% of the 1% of the population, but we already know in these days the market penetration is exponential.
Enjoy the time we are living!
The number of places that accept it will grow. Due to the fees and slow transaction speed will limit it to bigger amounts moved. From what I have seen University tuition qualifies as a large amount of money.
Gave you a follow.
The problem is the high volatility of the crytpo currencies. The fees you have to pay today, tomorrow could be double and the next day half of it.
That is true....it is the one thing that makes the money aspect very difficult to see until the volatility settles down. The way it is now, it simply is not effective to try and conduct business when the values of the currency and transactions are bouncing all over the place.