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Apr 25 • 10 tweets • 11 min read
🧵 #Bitcoin was supposed to allow people to send money without banks.

From Lightning Network to stablecoins to gaming, innovations give hope that crypto can fulfill its original promise.

We take a look for #PaymentsWeek, presented by @circlepay: coindesk.com/layer2/payment…
Imagine traveling abroad and waking up one day to find your debit card has turned into a useless piece of plastic.

Many Russians found themselves suddenly unbanked when President Putin started a war in Ukraine.

#PaymentsWeek, presented by @circlepay:
coindesk.com/layer2/payment…
Crypto has proved to be one of the only ways to send money in and out of a rapidly closing country on the “wrong side of the war,” Masha Sakharova, a Russian emigre, writes for #PaymentsWeek, presented by @circlepay: coindesk.com/layer2/payment…
Much of the hesitation about providing payment services for crypto companies is a result of a lack of expertise among underwriters.

#PaymentsWeek, presented by @circlepay:
coindesk.com/layer2/payment…
Will crypto payments compete with existing payments and banking rails? Or will convergence make crypto payments an alternative settlement layer for traditional players building a bridge to everyday use?

@CirclePay's @ddisparte writes for #PaymentsWeek: coindesk.com/layer2/payment…
If we’re exploring the current state of play for how cryptocurrency is actually being used as a form of payment, it would be intellectually dishonest to ignore its role in illicit activity, @jeffwilser writes for #PaymentsWeek, presented by @circlepay: coindesk.com/layer2/payment…
To enable wide adoption of crypto payments, we must create a user experience that feels similar to current solutions but deploys the unique advantages of blockchains, @PayPal’s Jose Fernandez da Ponte writes.

#PaymentsWeek, presented by @circlepay:
coindesk.com/layer2/payment…
New interest in a CBDC in the U.S. should revive interest in now-defunct digital payments projects as they provide lessons in what needs to be done to do it right, writes @Kiffmeister for #PaymentsWeek, presented by @circlepay.
coindesk.com/layer2/payment…
Crypto payments have been growing, albeit from a low base. Can they become as common as @PayPal?

Experts weigh in on the pitfalls and possibilities for #PaymentsWeek, presented by @circlepay: coindesk.com/paymentsweek

❓ What do you think: What is the future of online payments?
Join us Wednesday at 11 a.m. ET on Spaces as @TammyCamp, @andershelseth, @danoprey, @hmichellerose and @circlepay's Joao Reginatto join CoinDesk's @mikeybellusci to discuss Bitcoin’s return to payments utility as part of #PaymentsWeek.

Set your reminder: twitter.com/i/spaces/1mnGe…

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More from @CoinDesk

CoinDesk Profile picture
Apr 26
🧵 How does crypto go from something only a few people use to something everyone uses without even thinking about it?

@Dan_Jeffries1 takes a look for #PaymentsWeek, presented by @circlepay: coindesk.com/layer2/payment… Image
Utilizing the Lightning Network, millions of people can send fractions of a bitcoin at instant speed – at the same time. But it does not come without drawbacks.

#PaymentsWeek, presented by @circlepay: coindesk.com/layer2/payment…
Retention is an important metric for the business of mobile games and monetizing them with #bitcoin seems to suggest an overall improvement to the business of the game. But what about adoption?

#PaymentsWeek, presented by @circlepay: coindesk.com/layer2/payment…
Read 7 tweets
CoinDesk Profile picture
Mar 20
#Consensus2022 is happening IRL June 9-12 in Austin, Texas, and we’ve pulled out all the stops.

In honor of #womenshistorymonth2022, here’s a 👀at some of the amazing women who are impacting the industry and taking the stage this year. 🧵bit.ly/3MXBgFg
.@NFTSaraBaumann is the artist and founder behind @WomenandWeapons.

She dreamed of being a full-time artist since she was a young girl. Through the power of digital art, NFTs and Web 3 she can finally pursue her dream of being a full-time artist. bit.ly/3MXBgFg
.@CathieDWood founded @ARKInvest to focus solely on disruptive innovation while adding new dimensions to research.

As CIO and Portfolio Manager, Cathie has ultimate responsibility for investment decisions. #Consensus2022
bit.ly/3MXBgFg
Read 7 tweets
CoinDesk Profile picture
Mar 9
U.S. President Joe Biden signed a long-awaited, first-of-its-kind executive order on cryptocurrencies on Wednesday.

Here’s what you need to know 🧵 coindesk.com/policy/2022/03…
Biden's executive order defines six “key priorities” for the administration:
• protecting U.S. consumers
• protecting global financial stability
• preventing illicit uses
• promoting “responsible innovation”
• financial inclusion
• U.S. leadership
coindesk.com/policy/2022/03…
The executive order directs federal agencies to better communicate their work in the digital asset sector.

But it doesn’t lay out specific positions the administration wants the agencies to adopt.
coindesk.com/policy/2022/03…
Read 9 tweets
CoinDesk Profile picture
Mar 7
“We’re taking a bet that NFTs have changed the way that people deal with IP,” says @hollyherndon.

She and fellow artists @matdryhurst and @DnlKlr talk about pushing forward the tech and business side of creativity in interview with @davidzmorris.

trib.al/89czMXN
“It could go in a direction that would really suck for the creators, and we’re trying to mitigate that,” says @hollyherndon of the technology powering NFTs. coindesk.com/layer2/2022/03… Musician Holly Herndon is o...
Spawning is a new audio trick that allows anyone to sing in the voice of their favorite artist. coindesk.com/layer2/2022/03… Quote: "If a sample is...
Read 7 tweets
CoinDesk Profile picture
Jan 24
🧵 Cryptocurrency was supposed to be about privacy.

Yet 13 years after the Satoshi white paper, privacy remains hard to come by — for cryptocurrency users and everyday people alike.
#PrivacyWeek
bit.ly/34372yy
For #PrivacyWeek, CoinDesk surveyed the state of play for digital and financial privacy in 2022, in crypto and beyond, and where it might be headed in the years and decades to come.

Here’s a look: bit.ly/34372yy
Did you know you can buy crypto without giving out your personal data?

Non-custodial exchanges, no-KYC apps, bitcoin ATMs and more — @baidakova reviews the available options for #PrivacyWeek.
coindesk.com/layer2/privacy…
Read 28 tweets
CoinDesk Profile picture
Oct 18, 2021
The infrastructure bill alerted crypto's leading companies to the need to spend more on advocacy in DC.

Since the summer, a dozen new groups have filed to retain lobbyists, @rrgarver reports for CoinDesk's "Policy Week."

#Crypto2022 #DCFintechweek

trib.al/sQxbi5N
“The infrastructure bill fight made it real for a lot of people who weren’t paying attention to D.C., that D.C. is paying attention to crypto,” said @NeerajKA.

#Crypto2022 #DCFintechweek
“The core group of subject matter experts and lobbyists just said ... ‘we’ve got to get together on this front,’” said @RonwHammond @BlockchainAssn. “We all combined forces to be a big strong voice.”

#Crypto2022 #DCFintechweek
Read 6 tweets

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