Will cryptocurrencies become the norm for payments?

Cryptocurrencies have evolved beyond the early days of highly unpredictable ups and downs in value, to a financial instrument which is being incorporated into the investment portfolios of financial institutions. Regulators and financial market factors have largely influenced cryptocurrencies into an increasingly regulated environment. This trend is introducing more utility for holders of cryptocurrency in ways that may not have been viable a few years ago.

A recent trend of credible merchants beginning to accept cryptocurrency as a form of payment is set to be a pivotal development for cryptocurrency utility. As economies continue to lag behind more prosperous past performance, alternative storage of wealth and payment instrumentation may be a much needed solution for those who are in need of new avenues.

HarvyT hosts Kevin Ssemwogerere who is a Chartered Accountant and Tech Business Enthusiast on the AreaCode show, to hear his independent opinion on Tech Business Insights. Kevin discusses the prospects for cryptocurrency as a new norm for payments.