Since its inception, one of the major goals of the cryptocurrency community has been the adoption of Bitcoin as a payment method for goods and services. As it stands now, consumers can use Bitcoin across a number of industries to purchase everything from real estate, to PCs, to pizza. However, Bitcoin’s high transaction costs, deflationary nature, and full transparency represent some of the shortcomings that prevent Bitcoin from seeing widespread merchant adoption. As such, enthusiasts, consumers, and producers alike have gotten behind a number of altcoins as mediums of exchange for a variety of uses. While Bitcoin acted as the catalyst for the firstPowered by WPeMatico
