AMG Says "Yes" to Crypto Payments.
04 Dec 2022, 08:00
AMG Says “Yes” to Crypto Payments
American Marketing Group (AMG) has announced it’s now allowing all the travel companies it does business with to accept cryptocurrency payments through its booking platform Trip Xpress.
AMG Is Opening Itself Up to Crypto PaymentsThe move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either speculative or even hedge-like statuses in recent years, many of them were initially designed to serve as payment tools. They were built to push checks, credit cards, and fiat currencies to the side, but this has been a relatively slow journey given the volatility that continues to drag them down.
It is extremely hard to understand when bitcoin and its crypto family will go up or down when it comes to their prices. Many stores and companies have been reluctant to say “yes” when it comes to accepting crypto payments for this reason, and to a degree, we can’t blame them.