Cash 'on the Verge of Collapse' While Bitcoin Transactions Near Record Highs
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Summary
A new report claims that cash is “on the verge of collapse” in the UK, with cash transactions expected to almost vanish in the next decade.Meanwhile, bitcoin transaction volume is surging towards an all-time high and mainstream vendors like Starbucks and Krogers are considering methods of cryptocurrency payments.The outdated cash infrastructure is set to be eclipsed. Elsewhere, US grocery store Kroger has ditched Visa credit card payments and is reportedly considering bitcoin payments via the lightning network.Grocery store @kroger is stopping acceptance of @Visa in over 250 stores because of network fees.Who knows someone on the leadership team there?The Morgan Creek Digital team will fly to meet them and get them hooked up with the Lightning Network nationwide.
As said here by Ben Brown