An ongoing poll by the IMF shows that more people believe that cryptocurrency will be the most popular payment means for lunch by 2024.
More People Prefer Crypto
As at press time, more than half of the respondents say they would use cryptocurrency to pay for lunch in five-years’ time. Of the almost 26,000 votes cast, 56 percent chose cryptocurrency, while another 29 percent selected mobile phone payment.
With the continued integration of cryptocurrency payments onto mobile platforms, perhaps some of those 29 percent could pivot to the crypto side. Meanwhile, cash and bank card payments so far have a combined total of 15 percent on the poll.
However, ongoing developments in the virtual currency payment arena mean that the options provided by the IMF aren’t necessarily mutually exclusive.
Case in point, Coinbase on Wednesday (April 10, 2019) announced the launch of their cryptocurrency Visa card. The card allows UK customers to spend Bitcoin, Ethereum, Litecoin, and other cryptocurrencies instantly at every…