“My assumption is that, since women control 80% of retail spending and only 1 in 7 bitcoin wallets are currently held by women, the dam is about to break,” Draper said.

Crypto has long had a gender disparity problem. According to a survey conducted for CNBC and Acorns by Momentive, twice as many men as women invest in digital assets (16% of men vs. 7% of women).

“Retailers will save roughly 2% on every purchase made in bitcoin vs dollars,” Draper added. “Once retailers realize that that 2% can double their profits, bitcoin will be ubiquitous.”

Payment middlemen such as Visa

and Mastercard

currently charge fees as high as 2% each time credit cardholders use their card to pay for something. Bitcoin offers a way for people to bypass the middlemen.

However, using the digital coin for everyday spending is tough, since its price is very volatile and the coin is not widely accepted as currency.

“When people can buy their food, clothing and shelter all in bitcoin, they will have no use for centralized banking fiat dollars,” Draper said.

https://www.cnbc.com/2022/12/05/tim-draper-predicts-bitcoin-will-reach-250000-despite-ftx-collapse.html

(https://autoadmit.com/thread.php?thread_id=5247550&forum_id=2#45587338)

"The apparent stabilisation of bitcoin’s value is likely to be an artificially induced last gasp before the crypto-asset embarks on a road to irrelevance. #TheECBblog looks at where bitcoin stands amid widespread volatility in the crypto markets."

https://twitter.com/ecb/status/1597894360510922752

(https://autoadmit.com/thread.php?thread_id=5247550&forum_id=2#45588070)

, written by (((((Consuela The Pumo)))))

(https://autoadmit.com/thread.php?thread_id=5247550&forum_id=2#45588110)

Come on Walmart it’s a no brainer.

(https://autoadmit.com/thread.php?thread_id=5247550&forum_id=2#45589550)