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Merchants must be aware that accepting digital currencies means they new cryptocurrencies and blockchain applications.
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How to buy dao crypto | This makes the price even more uncertain, and uncertainty is like poison for a currency. This could further help bridge the gap between individuals and organizations seeking access to capital and basic financial services. Bitcoin ATMs can charge up to 15 percent just to convert to fiat currency. In many parts of the world, there is still a lack of public acceptance due to fear of the unknown or negative associations with digital money. Though some organizations and financial services have added cryptocurrencies as a service or turned to it as a business opportunity, cryptocurrency is still a relatively niche industry. |
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Barriers to Mass Adoption - Blockgeeks Podcast Episode 8Other barriers to adoption include the lack of tangible assets backing crypto (14% of respondents) and the risk of revealing personal data. The inherent volatility of cryptocurrencies stands as a significant barrier to their widespread use. Digital assets are not yet widely considered a reliable store of value due to the unpredictability of market fluctuations. One of the primary barriers to cryptocurrency adoption is the lack of awareness and understanding among the general public. Many people are.
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