Cryptocurrency & how its impacting small businesses

cryptocurrency & how its impacting small businesses

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Elon Musk, the self-proclaimed "TechnoKing" bitcoin circuit at business statistic the future of cryptocurrency unfold. Indeed, the value it has. Recently, Tesla has also announced is the value that the their vehicles using Bitcoin.

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Bitcoin value chart 5 years

Big businesses are taking over many different markets, and supporting small businesses is now more critical than ever before. Over the last few years, the development of blockchain technology brought us new types of digital assets such as stablecoins and cryptocurrencies. The security of blockchain alone should appeal to small businesses, which typically need to be wary of credit card fraud and other such hazards of doing business with the public. This is the coin designed with the CryptoNote protocol, which makes it different as compared to Bitcoin. The feature of little to no transaction costs also encourages trust in the system of cryptocurrency and in turn sees more use in financial tools, transactions, and a closer global economy.