Thanks to Samsung you can now trade up your crypto for cool electronic gadgets made by the manufacturer if you are in the Baltics! In my opinion this is a massive move towards adoption because Samsung has a lot of useful products that people actually are happy to fork over fiat for!
It is being reported that Samsung is now accepting crypto and blockchain payments across its stores in three Baltic states. Eastern Europe is already a major player in the crypto industry and one of the most evolving regions in the crypto-sphere, so it’s probably not so surprising that Samsung is testing the water here.
The news that Samsung is now accepting crypto and blockchain payments in several of its Baltic stores is not really that surprising as the electronics giant tests the waters. The payments will be made using the Lithuanian-based payment platform, CopPay.
CopPay announced the news today that their customers in Tallinn, Riga, Vilnius and Kaunas across the Baltic nations of Latvia, Estonia and Lithuania will be able to purchase electronic products across Samsung’s stores with crypto. This is great if you are from these countries and want to buy phones, tablets, laptops, TVs and more with your bitcoin stash.
Doesn't it seem great that things are moving towards mass adoption? If you believe in the power of crypto to disrupt our world then it should come as welcome news that real-world use is picking up and there are steadily more and more ways to use your crypto to buy things you'd otherwise buy with cash.
CopPay recently released a statement regarding their services moving forward in a quest to take crypto transactions to the next level by saying: “There is a growing trend towards business and digitalization and allowing customers to pay for goods and services in cryptocurrency, whether at global retailers or local restaurants”.
According to the article I've referenced the author believes that Samsung allowing crypto and blockchain payments across its Baltic stores is a no-brainer and a total positive for the industry moving forward and I would tend to agree and see this as another step forward for a global financial system powered by crypto.
What do you guys think of this new development? Will we see more stories like this in the near future?
Source:
Samsung Now Accepting Crypto and Blockchain Payments in Baltic States - Crypto Disrupt
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Crypto Disrupt