Cryptocurrency adoption has gotten a new dimension now that Yahoo Finance has integrated the buying and selling of Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) on its platform. At the moment, Ripple’s XRP, Stellar XLM, Bitcoin Cash and a host of others do not have buy and sell options on the platform.
A crypto enthusiast, Pompiano who made this revelation was elated saying the cryptocurrency adoption virus has just started.
“You can now buy Bitcoin, Ethereum, and Litecoin on Yahoo Finance. THE VIRUS IS SPREADING.”
This is no doubt a giant stride for the cryptocurrency community as observers have posited on several occasions that crypto acceptance in all strata will result in massive price increase and not the Bitcoin ETF been campaigned for in recent time. Data used on the platform is pulled from CryptoCompare.
Meanwhile, it is still surprising while Ripple and Bitcoin Cash which rank ahead of Litecoin were not included. With the latest development, there is hope for crypto lovers that there is light at the end of the tunnel, but some are displeased for the one-sidedness of Yahoo Finance which failed to initiate the idea based on the coin ranking in the cryptomarket.
While there may be future addition to the number of cryptocurrency with buy and sell options, other crypto still have presence on the platform on the platform.
Cryptocurrency needs to be accepted by all and sundry to get to the desired point crypto lovers truly desire.
Governments comment about cryptocurrency has truly affected the adoption of the innovation. This has made the likes of John McAfee to see governments’ condemnation of crypto as unnecessary and unjust.
He proffered solutions to government’s stiff policy on crypto:
“What can we do? Take action. Write your Congressman; it sounds silly [but] while they are still in power, make them work. Go into your bank and demand that they allow crypto transactions. If they say no, ask them to recommend a bank that will. Demand the credit card companies to allow crypto payments.”
However, with the problem of hyperinflation being faced by countries like Venezuela, cryptocurrency still has a chance to stay.