In 2023 we will see a major breakthrough in global crypto adoption.
In the past you had to sell your #crypto for #fiat, before being able to spend it.
End of 2023 everyone will be able to spend his/her crypto directly for nearly every purchase at any place.
This will be achieved via prepaid crypto debit cards, that can be funded with the crypto of your choice.
At the moment you do a purchase, your crypto will be swapped for fiat, and the seller will receive USD/EURO/...
These prepaid crypto debit cards will be accepted in every shop, on webshops, on vending machines, by #GooglePay , by #ApplePay by #SamsungPay ...
Today these prepaid crypto debit cards are already offered by #Binance #Cryptocom #Coinbase ...
But all these cards have a important limitation : they only support a limited number of cryptocurrencies.
Today we see a lot of new players in the market, that also offer crypto debit cards. To gain marketshare those new players can not limit themselves to support only the "major" cryptocurrencies, they will have to offer this service also for smaller cryptocurrencies.
Who are the new players ? A non exhaustive list includes #okse #BabyDogeCoin #Kinesys #Bitmana #Busha #Nearpay #Paywithmoon #nexo #crypterium #wirex #tenx #swipe #uphold #sofi #cryptopay #bit2me #spendl #rewcard #guarda #zumo #striga #embily #bitpay #mercuryo #bitsa #coinzoom #blackcatcard #chainswipe #fcfpay #kassio #marqeta #fastcoincard #blockcard #nuri ...Â
Most of the current and new providers have the crypto debit card linked to centralised wallet (risk : "not your keys not your funds"), but some providers (for example OKSE) offer a crypto debit card linked to a decentralised wallet ("your keys your funds").
It is clear these new players will have to support a large list of cryptocurrencies to be able to convince users to choose their card.
By choosing the crypto debit card provider that supports your favorite list of crypto coins, you will be able to pay everywhere with your crypto
The future is bright, the future is crypto
