Kyle Abrahams In recent years, the global market has opened itself up to a whole new idea of trade … a cashless society! Cryptocurrencies (crypto for short) are intangible digital assets that are not issued by a central authority.
As an unregulated currency, crypto is controlled by the developers themselves. These days, crypto can quite easily be converted into cash.
Since 2009, crypto has soared in popularity, with the likes of Ethereum and the most popular of them all, Bitcoin, becoming household names.
Statistics show that there are 200-million crypto users globally and 18 000 businesses (and counting) that accept cryptocurrency payments.
For the millennials and festival goers out there, Howler is an example of a business that has gone completely cashless. With 4.2 million crypto owners, South Africa ranks…
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Saturday Star (Digital) - 1 Issue, 2021-11-06