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Bitcoin is currently accepted as a type of payment via both PayPal and Visa. Frank Holmes, Chief Executive Officer of UNITED STATE Global Investors said that this was the result of increased adoption.
" I assume this fostering procedure is increasing," Holmes claimed. "Metcalfe's regulation states that as adoption increases, you get these exponential relocate the underlying crypto."
0:00 – Bitcoin as accepted type of settlement
2:44 – Metcalfe's Law
6:38 – Bitcoin as a form of repayment
9:44 – Various other cryptos as a form of repayment
11:14 – Effect on price
13:15 – Measuring rising cost of living
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You can now pay with Bitcoin on PayPal and Visa; Frank Holmes on crypto's future
Bitcoin is now accepted as a form of payment via both PayPal and Visa. Frank Holmes, CEO of U.S. Global Investors said that this was the result of increased adoption.
"I think this adoption process is accelerating," Holmes said. "Metcalfe's law says that as adoption accelerates, you get these exponential moves in the underlying crypto."
0:00 - Bitcoin as accepted form of payment
2:44 - Metcalfe's Law
6:38 - Bitcoin as a form of payment
9:44 - Other cryptos as a form of payment
11:14 - Impact on price
13:15 - Measuring inflation
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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