Earlier today, US Telecom giant AT & T proudly announced that it had become the first major US mobile operator to accept cryptographic charges for bill payment. Customers will be able to settle their accounts using Bitcoin thanks to an agreement with BitPay.
Although such developments are good for those who earn in Bitcoin, most interested in the first digital currency, the appeal is likely to be limited. They therefore do not quite represent the sacred grail of the crypto-adoption, many depicting them.
AT&T accepts Bitcoin Payments via BitPay
It will be easier than ever to live your life using digital currency alone. More and more online retailers are opening up crypto assets in one way or another.
Many with an interest in digital currency were recently renewed by the news that several large companies would accept Bitcoin payments ̵
The latter point made people particularly excited when the internet business behemoth Amazon owns WholeFoods. Of course, speculation is that Amazon itself could be accepting Bitcoin through this terrible method of using a payment processor to pay with a peer-to-peer currency.
You see, part of the latest wave of increased acceptance has been made possible by an agreement between crypto exchange Gemini and a payments startup called Flexa. In fact, users pay using a program called Spedn. The dealers themselves do not receive Bitcoin, but they for very small investments can look supportive of uber-trendy things like cryptocurrency.
The latest company participating in the pseudo-acceptance band is the US mobile giant AT & T. It announced via a blog post earlier today that it would use the crypto payment company BitPay to receive payments from its customers online.
In the press release AT & T, Kevin McDorman, Vice President of the Company's Business Operations, indicated by the move:
"We always seek ways to improve and expand our services. We have customers who using cryptourrency, and we are pleased that we can offer them a way to pay their bills with the method they prefer. "
It's really good for crypto users, not so much for speculators
Like the other recent announcements about so-called grocer's acceptance, it is not really the bullish news that many have made it to be. Since AT&T will use BitPay to process payments, they will simply receive dollars as they would always have done. To get these dollars, Bitcoin is sold immediately, creating additional downward pressure on the price of Bitcoin. For the purely speculative, it must realize that using such services increases the likelihood of losing the price of Bitcoin. It will be really exciting when a major retailer takes payment directly into Bitcoin itself and continues to fund the company itself using the crypto license.
Of course, these stories of increased acceptance are good for those who are paid in Bitcoin and don I do not want to deal with an exchange just to go about their daily routines. Having more options than ever to use crypto directly is certainly beneficial to those who try to live without fiat.
 Related reading: Big Day for Bitcoin Acceptance: Crypto Welcome to Multi-Billion-Dollar Parapeters
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