While it’s growing in reputation amongst the general inhabitants, crypto adoption is basically driven by particular demographics. Particularly, customers who’re younger, extremely educated, and with increased incomes. Our information means that these varieties of consumers are early adopters of recent technologies and modern payment methods, such as Digital Wallets and Purchase Now Pay Later (BNPL). They’re on the lookout for flexibility in payments.

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Jack Dorsey’s ‘$2.9M’ NFT tweet receives top bid of $280 at auctionFormer Twitter CEO Jack Dorsey turned his first tweet into an NFT last yr and sold it at public sale for $2.9 million, which Dorsey then converted into bitcoin and donated to charity. Entrepreneur Sina Estav, the owner of the NFT, put it up for auction last week, and tweeted that he anticipated a $50M successful bid (he also pledged to donate half to charity). However the NFT tanked, earning a high bid of only $280 on the OpenSea NFT market.