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Cryptocurrencies continue their rampant development, being able to use them in businesses that accept VISA cards.
There is no misgiving that cryptocurrencies have entered our lives with force, scorn the fact that for many they remain unknown. A good proof of its strength is the association held by the operator VISA. This will allow you to make purchases with cards at regular stores and for cryptocurrency. This is what is already happening in some stores, and with some changes as well. For example, the Crypto stand already has its own card with which you can pay with cryptocurrency and exchange it with standard or fiat currency.
This is an important incentive, and the fact that traders do not need to take any action is not a logical act. Millions of people have been trading these securities on a daily basis for many years. The fact that the business owner does not need to worry is already helping to popularize these assets. The key that prompted VISA to make these payments is not to deny reality. In the primary 6 months of 2021, the operator processed more than a billion dollars using cryptocurrencies, he has cards that can be linked to them, so it is absurd to deny this reality. The widening of the horizon only gives a much needed boost to these values.
Blockchain allows
cryptocurrencies to work. This technology is still a gigantic database that
records transactions and is completely secure. To do this, he uses blockchains,
complex mathematical algorithms linked to each other. The entry into the
physical world of cryptocurrency transactions, which VISA currently performs,
will undoubtedly help these values interest the general public. An incentive
that opens the door for financial transactions to a new dimension.
Cryptocurrencies were born in 2008 as a result of the work of Satoshi Nakamoto, a pseudonym for one or more people who saw this meaning as a clear bet for the future. Based on blockchain technology, cryptocurrencies do not belong to any organization or government, are decentralized, have large price fluctuations, and are purely virtual. That is, cryptocurrencies do not exist as such in the form of bills or coins.
For cryptocurrencies to work,
so-called cryptocurrency miners intervene. Instead of splitting rock to extract
the mineral, they force their computers to solve complex mathematical
operations. For this, they are rewarded and can perform operations.