The status of Bitcoin as well legal tender in El Salvador has recently sparked a new round of discussion regarding (BTC) and its role in the world economy. Despite the ambiguous reactions of such institutions JPMorgan Chase (NYSE 🙂 and u World Bank, some feel that the status of Bitcoin as a means of payment is now more explicit than ever.
Meanwhile, the perception of Bitcoin among retail users is strongly contrasted by institutional uncertainty. A recent study by CryptoRefills, a company that sells vouchers and gift cards in exchange for cryptocurrency, appears suggests that many users see Bitcoin as a useful way to pay for goods and services, with 66% of survey respondents saying they see cryptocurrencies as a payment method.
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