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CNBC Video Says Bitcoin Is Store Of Value But Not Currency, Misses The Big Picture
Bitcoin News now admin /

A recent video dealt with the current use cases for Bitcoin in the U.S., featuring a conversation discussing the merits of bitcoin as a currency. Non-surprisingly, many mainstream misunderstandings were showcased.

“People aren’t really using bitcoin to buy everyday items, and that is partly due to the fact that not a lot of retailers give them the option to spend it,” said digital correspondent Mackenzie Sigalos in the video. “You do have [some companies] that will let you use your crypto wallet directly in their website or in person but this is the exception to the rule.”