Fully 65% of crypto card spending is on everyday expenses, according to a new survey of European card holders. Looking at a survey of 1,000 Simple Wallet cardholders found that 65% of transactions were for “routine expenses such as groceries, subscriptions like Netflix and Spotify, transport, utilities, online shopping, and cafes.” About 18% went to travel and cross-border spending, while just 13% went to more stereotypical purchases like topping up neobank accounts or buying luxury items. The average transaction size is about €40, in dollar-denominated USDC stablecoins, with payment settled in euros at the point of sale. “Crypto-linked payment cards have evolved from a niche product into a mainstream payment…
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The actual two pizza pies bought for BTC 10,000 by Laszlo Hanyecz in the first known bitcoin purchaseCrypto community celebrates Bitcoin Pizza Day
Meme turns into blockchain’s only real holiday, and crypto Twitter is here for it
On May 22, 2010, two pizza pies were bought by a person named Laszlo Hanyecz through a bitcoin forum. While the pies themselves were mundane, the transaction was revolutionary—they were bought with 10,000 bitcoins, worth roughly $41 at the time. Now that one purchase gages the health of the entire $258 billion cryptocurrency market. Even the some of the biggest cryptocurrency nuts probably couldn’t tell you if the bitcoin whitepaper came out in 2008 or 2009 (it was January 3, 2009). But while even fewer can tell you the day that Ethereum launched (July 30, 2015),many in blockchain can list May 22 as blockchain’s pretty much only holiday. Bitcoin Pizza…
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Coinbase, Gemini, Bitstamp, and Changelly: Here’s how their fees compare
If you invested $100 in bitcoin 2010, it would be $75 million today. But after fees…
Everybody in crypto swears they were going to buy some bitcoin (BTC) on some exact date they read about and that we could be having this conversation on their yacht. Tai Lopez likes to remind listeners to his Bitcoin Crypto Mastermind podcast,“Remember, if you had invested $100 in bitcoin in 2010, you would have $75 million today.” But he doesn’t ever really pick a day. Most agree that if you put in $100 on July 28, 2010 you would have $28,341,266 on December 12, 2017. We’ll give Tai the $75 million just for the sake of argument. Some early exchanges such as iGot (now Bitlio) had 0% buying fees on…
