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Are Cryptocurrency Credit Cards Evolution of Credit Cards?


Are Cryptocurrency Credit Cards Evolution of Credit Cards?

Cryptocurrency credit cards are a newly emerging phenomenon that the cryptocurrency and blockchain sphere gave birth to, but in the wake of the COVID-19 epidemic, it seems that the newbie may take precedence over the giants. In these interesting times of Alternative Payment Methods (APMs) such as PayPal, Cash App, and Apple Pay, credit card companies are failing to attract more users. The reason for this could be the reluctance of these credit card companies to reinvent themselves for the present and upcoming generations. Whereas, the cryptocurrency credit cards are in discussion in the aftermath of COVID-19 with the need for paperless money rising. The FinTech companies are aware that the credit card companies have been facing immense distrust after Wall Street Cash in 2008, as it is believed that credit card firms have their root in that disaster. This distrust in the banking sector led to the formation of new policies that enabled the financial tech companies to flourish. Read More...

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