In late 2009, Bitcoin founder Satoshi Nakamoto ushered in a groundbreaking approach to money by championing a digital payment system free from third-party intermediaries and governmental control.
While this new worldwide economic system has advanced significantly over a relatively short period of time, it has yet to deliver a user-friendly approach to assist the everyday consumer with day-to-day commerce at retail establishments.
Do cryptocurrencies have practical use as a spending instrument? Will you be able to make purchases at a restaurant, grocery store, retail clothier or any number of brick and mortar storefronts with crypto anytime soon?
A rapidly growing startup known as Crypterium proves cryptocurrencies can become an everyday method of payments. Joined by former CEO of Visa UK Marc O'Brien, the company is building a mobile app to "pay with crypto anywhere in the world" converting digital tokens into spendable currency, the use of which will be as easy as that of cash.