What is a cryptocurrency anyway? It’s tough to explain in terms of mechanics and functioning, as cryptocurrencies encompass many different fields of technology and finance. Basically, these currencies are an anonymous, virtual way of making transactions. They don’t abide by laws about taxation, control or monitoring. It’s also impossible to trace the sender or the receiver. They are safe, but are they reliable?
Reliability as a term can become a little bit vague in the field of cryptocurrencies. They function on the same principle as shares on the stock exchange. Their value is determined by the popularity they have at the moment. The first and most popular cryptocurrency is Bitcoin, created in 2009. It became a cool way of making illegal transactions over the internet, such as drugs and illegal arms. In fact, the first thing purchased by Bitcoin was a pizza for 10.000.
Since then, things have changed. Bitcoin began gaining momentum, with its current worth estimated around $16.000. That’s a lot of money going around. Because of this lucrative amount of money, many banks and companies have decided to get in on the fun and start accepting Bitcoin and other currencies as valid money.
In order to depict just how important cryptocurrencies are, you just have to see how many companies acknowledge them. These 15 big brands are in the cryptocurrency business and are the frontrunners of a new world order, bringing forth a new financial and economic revolution.
Sometimes, we tend to forget the enormous significance of WordPress and what they do for the blogging world. WordPress is the world’s most premier service for providing free blog services. If you don’t have enough money to start a website, but have something to say to the world – you can count on WordPress. Their free services are impeccable, but they also possess a number of paid perks.
When Bitcoin started gaining traction a few months ago, WordPress decided to take the risk and allow users to pay via Bitcoin, Ethereum, and other cryptocurrencies. Most people saw this method as a waste of time and catering to a limited audience, but WordPress had the last laugh. With Bitcoin being worth thousands upon thousands of dollars more each day, the company is winning in every way possible.
WordPress supports tens of millions of websites and has always been one of the frontrunners when it comes to online innovation. If you’re interested in paying using cryptocurrency, you can do so via the BitPay transaction service. It’s a safe and reliable of making sure your coins reach the desired destination. Currently, there are no problems with the payment service, as the company does an excellent job of handling existing ways of payment.
Every website created via WordPress and based on it has the option of providing plugins which can create new payment opportunities. From the starting offer with Bitcoin, such websites have expanded onto Ethereum territory in a major way. This not only benefits WordPress as a company but business ventures which use the platform. It paves a way for easier business and a world which leans on a decentralized and free economy.