5. Companies Such As Twitter, Starbucks, And Others Accept Bitcoin And Other Cryptocurrencies
2021 perhaps can be declared as one of the most significant years for blockchain Bitcoin and other cryptocurrencies. Twitter has a tipping feature that enables people to tip their favorite content creators. People can now leverage it to tip creators with Bitcoin. Since April this year, Starbucks has been accepting Bitcoin payments via the Bakkt digital wallet.
While they are not the first companies to adopt Bitcoin and crypto, they definitely add credibility to the crypto industry, whose legitimacy is still being questioned. Besides these companies such as Master Card and Visa also announced that they will set up systems for accepting Bitcoin.
Conclusion
Overall, it looks like, despite the inhibitions and misconceptions against cryptocurrencies, the industry is progressing pretty well. This year has led to the beginning of numerous conversations around crypto that even governments are participating in. While some governments are crypto-friendly, others are not.
In 2022, it will be interesting to see what kinds of laws and regulations governments around the world are drafting and how they will affect the cryptocurrency industry.
