Month: February 2022

world bitcoin adoption

Will Bitcoin Reward Cards Drive the Bitcoin Mass Adoption?
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The Rise of World Bitcoin Adoption

With the bitcoin price rising every year, the adoption of bitcoin as a currency is increasing. Moreover, the crypto currency has also become a popular alternative to traditional credit cards. It is currently a widely accepted medium of exchange in most countries, while it has remained illegal in many other countries. This has made it a difficult currency to get into. Nonetheless, the rise of cryptocurrency is an exciting trend. But it still has several challenges.

During the past year, the rate of Bitcoin adoption has grown by more than 113% per year, a record for digital currencies. This impressive growth is a significant step forward, as virtual currency is gaining acceptance in international financial centres and smaller towns alike. As more people learn how to use Bitcoin, we will see more companies and consumers adopting it as a primary currency. Let’s take a closer look at the various stages of Bitcoin adoption.

The first step is to understand why cryptocurrency is so much different from traditional cash. Using a card with a dedicated Bitcoin wallet and a specialized app to buy and sell it is a great way to increase the adoption of the digital currency. Unlike the traditional paper money, a digital coin has its own value and can be converted into dollars. It is a great way to buy goods online or at the local supermarket. However, the downside of using a card with a cryptocurrency wallet is the lack of freedom it gives you.

The main drawback to Bitcoin is the lack of a secure way to transfer money, which makes it an unappealing form of payment. Nevertheless, there are many ways to use cryptocurrency to purchase products and services. The major problem is the reliance on central centralized wallets that can prevent users from receiving the rewards they deserve. The good news is that the Visa credit card is one of the most secure ways to use Bitcoin, and this has become a key factor in its rapid adoption.

Despite the shaky beginnings of bitcoin adoption, the U.S. credit card giant, Visa, is planning to boost adoption with a co-branded debit card that offers 10% cash back in bitcoin instead of the traditional reward points. Fold’s research shows that 90% of its users would switch to a Bitcoin-branded card with a bitcoin-reward program. In fact, if the company could get the market share from these behemoths, it might just be the perfect time for the emergence of cryptocurrency-backed rewards.

Besides being an alternative to traditional credit cards, the bitcoin credit card has some distinct advantages over traditional credit cards. The price of a bitcoin is tied to its price and its demand. Moreover, it is easy to convert into another currency, such as the euro or US dollar. In a dollar-denominated economy, a small amount of bitcoin can go a long way. This is why the currency has the potential to steal market share from the behemoths.

 

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Pi top cryptocurrency to mine on mobile phone

π(Pi): Top Crypto to Mine on Mobile Phone Devices Going Mainstream
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Mine Coins With on Your Mobile Phone with π (Pi) Network

Pi Network Mobile App

Start Mining πPi

 

What Is π(Pi) Network and π Token?

Before starting to mine coins with π(Pi) Network, you should first understand what it really is. π(Pi) is a mobile application that uses mobile phone devices as a computing device to mine π(Pi) tokens. As such, it has a rapidly growing number of everyday users mining pi tokens. In order to earn coins, they have to prove that they are not a robot by logging in every 24 hours to confirm the device in order for mining to continue. Anyone can introduce as many people to pi network as they want, being rewarded by rising the hourly mining rate. This format has caused some to accuse the company of multi-level marketing, but this is not the case.

Who Are Co-Founders of πPi?

Pi Network co-founders

The Pi Network project has two co-founders, Dr. Nicolas Kokkalis and Dr. Chengdiao Fan. Kokkalis holds a PhD from Stanford University and has founded several startups. He also teaches a computer science course at Stanford on decentralized applications on the blockchain. Meanwhile, Fan has a PhD from Stanford and has worked on startups that aim to scale social communications and surface social capital. Although the founders have been kind of secretive, they’ve been working hard to develop the project and have released a plenty of public information.

While Pi Network has kept insisting that it is not an ICO, the company is running a crowd sale. In other words, the coins you mine on the Pi network remain within the system, unless you decide to sell them. The network’s open mainnet means that it’s easier to trace the identity of a user than a crypto exchange. Besides that, Pi is currently listed on several crypto exchanges and has a number of users interested in joining the community.

π (Pi) Token Listed on CoinMarketCap.com

By listing the token on the biggest cryptocurrency informative website CoinMarketCap.com is a clear message that the people behind the Pi network mean it seriously and that π should be the true community coin owned by people not big shareholders or corporations. Therefore there is no way to purchase the π token other than mine it!

Although there is not any measurable data about π token on CoinMarkeCap.com yet, the user base of miners is growing fast.

How to Mine π (Pi) Tokens

As we mentioned the only way how to obtain the π tokens is through installing π app on your mobile phone, either android or iOS device, you will be prompted with entering the username of your referral, which if you do not have feel free to enter my username – Mirolpt

and then you should verify your identity and you can start mining right away.

As far as the phones speed performance or a battery life, we didn’t notice any decrease or issue.

 

Start Mining πPi

Pi top cryptocurrency to mine on mobile phone

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