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As Bitcoin Surges, Will Cryptocurrency Become an Accepted Form of Payment in Travel? – PhocusWire

February 18, 2021

The wild ride of Bitcoin has dominated headlines in recent weeks. The cryptocurrency’s value stands around $50,000 for one Bitcoin this week – compared to about $10,000 a year ago and around $400 five years ago. Bitcoin is just one of thousands of cryptocurrencies in existence – and many of those are also surging – but it has by far the highest value.

Since Bitcoin first appeared in 2009 as the original decentralized digital currency, i.e., not controlled by banks or a government, a handful of travel companies have come to accept it as a form of payment.

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