The Need & the Folly of Bitcoin as Payment Method

Marcell Nimfuehr
Nov 19, 2018 · 6 min read
Only Cash Makes Happy. Or Does It? Photo: Jonathan Saavedra (Unsplash)

Will Bitcoin prevail as a means of payment and in which areas? Let’s first look at what Bitcoin sets out to replace: Credit cards.

Payment procedure for online purchases with a credit card. Photo: Fabio Bracht (Unsplash). Illustration: Author

Risk is not a game

This Risk is a Game. Source: Wikimedia. CC-by-sa

Industry Risk Profiles

Some who are prohibited should be allowed

A legal product, online pharmacy, dated 1887. Source Wikim.

Bitcoin to allow those who otherwise can’t

Where light, there shadow

Paragon for the cannabis industry

Rapper The Game and Paragon CEO — Your trusted business team. Ad screenshot.

HackerNoon.com

#BlackLivesMatter

HackerNoon.com

Elijah McClain, George Floyd, Eric Garner, Breonna Taylor, Ahmaud Arbery, Michael Brown, Oscar Grant, Atatiana Jefferson, Tamir Rice, Bettie Jones, Botham Jean

Marcell Nimfuehr

Written by

Writer, tech startup founder, MBA candidate. Communication strategist. Software Dev (worst coder ever)

HackerNoon.com

Elijah McClain, George Floyd, Eric Garner, Breonna Taylor, Ahmaud Arbery, Michael Brown, Oscar Grant, Atatiana Jefferson, Tamir Rice, Bettie Jones, Botham Jean