From the state of Bitcoin and cryptocurrency adoption to a big endorsement for Ethereum, here’s a look at some of the stories breaking in the world of crypto.
Crypto and Retail
A new video from the crypto YouTube Channel The Technicals shot to the front page of Reddit/Cryptocurrency. It’s designed to demonstrate how far the emerging technology has to go before it hits mainstream adoption in retail stores.
It shows what happens when a store owner decides to test a popular crypto payment system and analyzes some of the pitfalls, including ease of use for the customer.
As blockchain technology develops, a new poll shows one out of every five people in the UK think Bitcoin payments will one day become “as common as cash or card.”
According to the survey from YouGov, an impressive 93% of all respondents have heard of Bitcoin.
Former Google CEO Eric Schmidt told economist Tyler Cowen that he believes Ethereum has huge potential.
“I think the most interesting stuff that’s going on are the beginning of execution on top of blockchain, the most obvious example being the capability of Ethereum. And if Ethereum can manage to figure out a way to do global synchronization of that activity, that’s a pretty powerful platform. That’s a really new invention.”
Ripple and XRP
Ripple will make its presence known at two tech conferences this month.
The company’s global head of banking will speak during the Blockchain Startups Summit 2018 at the Frankfurt School of Finance & Management on November 15th.