Vitalik Buterin says crypto payments are “underrated”
The co-founder of Ethereum, Vitalik Buterin, has said that cryptocurrency payments could help facilitate international business while supporting local payments. Buterin said crypto payments were superior to fiat, but this aspect was “underrated.” Buterin says crypto payments are underrated Buterin said that crypto payments made it convenient for people to make international payments and payments to different charities. In a Twitter thread, Buterin explained that the resistance of cryptocurrencies to censorship and their convenience made them better options in settling international business, local business, and charity. The fiat system has several shortcomings, one of which is that it could take a long time for the payments to be processed. The fees paid on fiat transactions are also notably high. These are some reasons why Buterin believes crypto is superior to fiat, even in settling fiat donations. Buy Ethereum Now Your capital is at risk. One such example...