According to a published report by finance magnate, Skrill a top online web payment site has added and now support Bitcoin cash, Bitcoin, Ethereum, Litcoin to there platform. This would be accessible to their 25 million users all over the world.
This news would be great for many Africans (Nigerians, Ghanians etc), and many Asian countries that have challenges making purchase and trading cryptocurrencies.
The implication of this is that, members or any one can easily create an account on Skrill link their
ATM or credit card and start buying cryptocurrencies right away with the available over 40 fiat on the platform viz a viz USD, EUR, SDG and NZD etc.
However, this is not available to the USA and Russian due to the tight legislation against the cryptoworld especially the bitcoin.
This mile stone would surely be an added advantage to cryptocurrencies as especially now wjen altcoin are bleeding on every side and CMC indicate a drop in price for most of the coins, except for bitcoin the has experienced a some what sudden surge from the red zone.
Is it game over for fiat?
[I!mage source] (cryptoslate.com)