Monday, 27 August 2018

Bitcoin's Use in Commerce Keeps Falling Even as Volatility Eases

Bitcoin's Use in Commerce Keeps Falling Even as Volatility Eases

Who’s using Bitcoin to buy and sell goods and services? A lot fewer people than you probably would have guessed. After peaking at $411 million in September, the amount of money the largest 17 crypto merchant-processing services received in the best-known cryptocurrency has been on a steady decline, hitting a recent low of $60 million in May, according to research that startup Chainalysis Inc. conducted for Bloomberg News.

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