For those still skeptical about cryptocurrency's role in the future of finance, recent developments underscore its growing significance as a payment system.
With major institutions and countries embracing BTC as a legitimate form of payment, the security of BTC holders' future is increasingly evident. Notably, global giants such as Google, Microsoft, and Wikipedia now facilitate transactions in crypto.
While El Salvador made headlines by legalizing BTC as a payment option, the recent decision in Lugano, Switzerland, allowing citizens and tourists to transact in BTC—including tax payments—signals further mainstream adoption. This news is undoubtedly welcomed by crypto enthusiasts, with hopes for more nations to follow suit. For further insights, refer to this article by Cointelegraph:
https://cointelegraph.com/news/cryptos-role-daily-payments-beyond-luganoPaying for high-ticket items and tax bills is practical with BTC. Sure, a tx costs a few dollars so while not ideal for legal tender for everyday purchases, these larger payments are worth it due to how fast the payments are. Bank transfers take a preposterous length of time in current year.