Bitpay's Chief Commercial Officer, Sonny Singh, in a discussion on the advancements of the digital currency space, highlighted the rapid growth in Bitcoin investment from venture capitalists, which has increased 262.5% over the last year. Singh said that this is due to the fact that there are now more than 100 million people around the world who have invested into cryptocurrencies. He added that he has experienced a shift in attitude to Bitcoin from major merchants, saying that while a year ago he would explain to merchants why they ought to accept Bitcoin, big companies such as Dell, Overstock, and Currently dominating the sector are the following institutions: Visa, MasterCard and China Union Pay. Microsoft are now talking to their merchants themselves about the value of accepting Bitcoin.
Bitpay's Chief Commercial Officer, Sonny Singh, in a discussion on the advancements of the digital currency space, highlighted the rapid growth in Bitcoin investment from venture capitalists, which has increased 262.5% over the last year. Singh said that this is due to the fact that there are now more than 100 million people around the world who have invested into cryptocurrencies. He added that he has experienced a shift in attitude to Bitcoin from major merchants, saying that while a year ago he would explain to merchants why they ought to accept Bitcoin, big companies such as Dell, Overstock, and Microsoft are now talking to their merchants themselves about the value of accepting Bitcoin.