Why should we pay with cryptocurrency?

19 Dec 2023

The surge in cryptocurrency prices has sparked heightened interest, with approximately 100,000 people in Georgia now engaging in cryptocurrency holdings, primarily for investment purposes. Beyond its role as an investment, cryptocurrencies can serve as a means of payment in daily transactions, facilitated by platforms like CityPay.io. This capability extends across various sectors such as automobiles, equipment, and other service areas, as outlined in the comprehensive partner list available here: https://www.citypay.io/partners.

Why cryptocurrency payments?

From a financial standpoint, cryptocurrency withdrawals from exchanges incur costs and time expenditures. Paying with cryptocurrencies eliminates these concerns.

Security and reliability are enhanced when using cryptocurrencies for payments, as the transaction details do not appear in conventional financial accounts. Additionally, it's noteworthy that Bitcoin, a prominent cryptocurrency, is immune to inflation and tends to appreciate in value over time. For instance, the purchasing power of one Bitcoin has seen a significant increase; while in 2016, it could buy 3 iPhones, today it can purchase 80 iPhones.