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British businesses can sign up for a merchant account, accept bitcoin in exchange for goods and services, and choose to immediately convert the currency into pounds, paid into their bank account.
Maybe more interesting is merchant activity … that graph looks great. Just as the proto-ISP brought millions online, Coinbase could bring millions outside the conventional financial ecosystem. But unlike many startup founders, Ehrsam downplays the dominance of the Coinbase in its sector. But underpinning the whole expansion is a more fundamental question: Is bitcoin in its dying days? Cryptocurrencies E-commerce Internet news. Order by newest oldest recommendations.
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