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Why Revolut is paying for WeWork membership in bitcoin

From theblockcrypto.com

Revolut has announced that it has used bitcoin to pay for office space for 300 employees in a WeWork in Dallas – its largest office in the United States. But why has the British neobank, which is valued at a cool $33 billion, opted to use bitcoin in this way? The answer is in part to save money, and in part to underscore a commitment to crypto, according to a Revolut spokesperson. “We are a strong believer in crypto having real-life use cases in the future of payments. The advantage of paying in crypto is the ability to make nearly instant payments without middlemen who charge large international remittance fees,” ... (full story)

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  • Category: High Impact Breaking News