Cryptocurrency adoption in Hong Kong started with the recent protests that allowed citizens to look beyond the fiat currencies and the Hong Kong Dollar (HDK) in the time of unrest.
Hongkong is moving towards adoption of cryptocurrency at the asset for trade. Pricerite, a supermarket chain, has started accepting cryptocurrency as a somewhat preferred method of payment over the Hongkong dollar (HDK). Bitcoin Cash labeled water bottles during the protests also helped the cryptocurrency adoption in HongKong.
Pricerite has become of the many businesses that will be helping consumers get by their day with low-fee, immutable, and transparent cryptocurrencies in the near future. It’s one of its kind things out there in the region, and it might boast of being so before the crypto-revolution comes.
Cryptocurrency adoption in Hong Kong
The department store currently deals in Bitcoin (BTC) (on the lightning network), Ethereum (ETH) and Litecoin (LTC), as Pricerite on their Facebook handle, have acknowledged. Read More at Cryptopolitan...