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Despite the promises that bitcoin will be used for everyday purchases, many businesses that were initially bullish have stopped accepting cryptocurrencies (e.g., Expedia). Instead, many think they can turn to “blockchain” to improve their own business systems (e.g., reducing credit card fees and managing loyalty programs).

Further Reading: Op Ed: Is the Age of Bitcoin-Powered Discounts Finally Upon Us?

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The post Cartoon: Retail Blues appeared first on Bitcoin Magazine.

 

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