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PayThink Crypto payments are lagging, but incumbents shouldn’t get comfortable

Crypto payments are lagging, but incumbents shouldn’t get comfortable

People have been expecting virtual currencies to disrupt the payment processing industry since May 22, 2010, when two pizzas were purchased for 10,000 bitcoin. Since then, bitcoin and other cryptocurrencies have generally failed to steal market share from credit card processors, major banks and other incumbents in payment processing.