{"id":383537,"date":"2019-05-23T21:00:47","date_gmt":"2019-05-23T21:00:47","guid":{"rendered":"https:\/\/ktsl888.com\/?p=383537"},"modified":"2024-06-11T13:40:17","modified_gmt":"2024-06-11T13:40:17","slug":"living-on-bitcoin-just-got-even-easier-att-accept-crypto-payments-with-bitpay","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/living-on-bitcoin-just-got-even-easier-att-accept-crypto-payments-with-bitpay\/","title":{"rendered":"Living on Bitcoin Just Got Even Easier, AT&amp;T Accept Crypto Payments With Bitpay"},"content":{"rendered":"<p>Earlier today, US telecom giant AT&amp;T proudly announced that it had become the first major American mobile carrier to accept crypto assets for the payment of bills. Customers will be able to settle their accounts using Bitcoin thanks to a deal with BitPay.<\/p>\n<p>Although such <a href=\"https:\/\/ktsl888.com\/2019\/05\/18\/crypto-tidbits-spedn-bitcoin-at-whole-foods-cryptocurrency-cynic-flips-bullish-and-bakkt-looms\/\">developments<\/a> are great for those earning in Bitcoin, for most people interested in the number one digital currency, the appeal will likely be limited. They therefore do not quite represent the holy grail&#8217;s of crypto <a href=\"https:\/\/ktsl888.com\/tags\/adoption\">adoption<\/a> many portray them to be.<\/p>\n<h2>AT&amp;T to Accept Bitcoin Payments Through BitPay<\/h2>\n<p>It&#8217;s getting easier than ever to live your life exclusively using digital currency. More and more online merchants are opening up to crypto assets in one way or another.<\/p>\n<p>Many with a vested interest in digital currency were excited recently by the news that several large companies would be <a href=\"https:\/\/ktsl888.com\/2019\/05\/14\/major-retailers-like-whole-foods-accept-bitcoin-is-this-enough-to-convince-no-coiners\/\">accepting<\/a> Bitcoin payments &#8211; albeit in a round about way. Bitcoin users can now kit out their wardrobes at Nordstrom, shop for gaming supplies at GameStop, and even pay directly for their groceries at Whole Foods using their favourite digital currency.<\/p>\n<p>This latter point got people particularly excited given that internet retail behemoth <a href=\"https:\/\/ktsl888.com\/tags\/amazon\">Amazon<\/a> owns WholeFoods. Speculation is rife that Amazon itself could be next to accept Bitcoin via this convoluted method of using a payment processor to pay with a peer-to-peer currency.<\/p>\n<p>You see, part of the recent wave of increased acceptance has been made possible by a deal between crypto exchange Gemini and a payments start-up called Flexa. Users actually pay using an application called Spedn. The merchants themselves don&#8217;t receive Bitcoin but they for very little investment they can look supportive of uber-trendy things like cryptocurrency.<\/p>\n<p>The latest company to join the pseudo acceptance bandwagon is US mobile giant <a href=\"https:\/\/ktsl888.com\/tags\/at&amp;t\">AT&amp;T<\/a>. It <a href=\"https:\/\/about.att.com\/story\/2019\/att_bitpay.html\" rel=\"nofollow\">announced<\/a> via a blog post earlier today that it would be using crypto payments processing company BitPay to receive payments from its customers online.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-383538 size-full\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/05\/att.jpg?resize=1000%2C634\" alt=\"\" width=\"1000\" height=\"634\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/05\/att.jpg?w=1000 1000w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/05\/att.jpg?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/05\/att.jpg?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/05\/att.jpg?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/05\/att.jpg?w=750 750w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>In the AT&amp;T press release, Kevin McDorman, the vice president of the company&#8217;s business operations, stated of the move:<\/p>\n<blockquote><p>\u201cWe\u2019re always looking for ways to improve and expand our services&#8230; We have customers who use cryptocurrency, and we are happy we can offer them a way to pay their bills with the method they prefer.\u201d<\/p><\/blockquote>\n<h2>Sure, It&#8217;s Great for Crypto USERS, Not so Much for Speculators<\/h2>\n<p>Just like the other recent announcements of so-called merchant acceptance, this is not really the bullish news that many have made it out to be. Since AT&amp;T will be using BitPay to process payments, they will simply receive dollars as they always would have done. To get those dollars, the Bitcoin is immediately sold creating additional downside pressure on the price of Bitcoin. For those purely speculating, it should be realised that by using such services you are increasing the likelihood of dropping the price of Bitcoin. It will be truly exciting when a major retailers takes payment directly in Bitcoin themselves and goes on to finance the business itself using the crypto asset.<\/p>\n<p>Of course, these stories of increased acceptance are great for those who get paid in Bitcoin and don&#8217;t want to have to deal with an exchange just to go about their daily routines. Having more options than ever to spend crypto directly at is certainly advantageous for those trying to live without fiat.<\/p>\n<p>&nbsp;<\/p>\n<p><em><strong>Related Reading:<\/strong> <a href=\"https:\/\/ktsl888.com\/2019\/03\/19\/bitcoin-crypto-acceptance\/\">Big Day for Bitcoin Acceptance: Crypto Welcomed at Multi-Billion-Dollar Pair of Retailers<\/a><\/em><\/p>\n<pre>Featured Images from Shutterstock.<\/pre>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Earlier today, US telecom giant AT&amp;T proudly announced that it had become the first major American mobile carrier to accept crypto assets for the payment of bills. Customers will be able to settle their accounts using Bitcoin thanks to a deal with BitPay. Although such developments are great for those earning in Bitcoin, for most people interested in the number one digital currency, the appeal will likely be limited. They therefore do not quite represent the holy grail&#8217;s of crypto adoption many portray them to be. AT&amp;T to Accept Bitcoin Payments Through BitPay It&#8217;s getting easier than ever to live your life exclusively using digital currency. More and more online merchants are opening up to crypto assets in one way or another. Many with a vested interest in digital currency were excited recently by the news that several large companies would be accepting Bitcoin payments &#8211; albeit in a round about way. Bitcoin users can now kit out their wardrobes at Nordstrom, shop for gaming supplies at GameStop, and even pay directly for their groceries at Whole Foods using their favourite digital currency. This latter point got people particularly excited given that internet retail behemoth Amazon owns WholeFoods. Speculation is rife that Amazon itself could be next to accept Bitcoin via this convoluted method of using a payment processor to pay with a peer-to-peer currency. You see, part of the recent wave of increased acceptance has been made possible by a deal between crypto exchange Gemini and a payments start-up called Flexa. Users actually pay using an application called Spedn. The merchants themselves don&#8217;t receive Bitcoin but they for very little investment they can look supportive of uber-trendy things like cryptocurrency. The latest company to join the pseudo acceptance bandwagon is US mobile giant AT&amp;T. It announced via a blog post earlier today that it would be using crypto payments processing company BitPay to receive payments from its customers online. In the AT&amp;T press release, Kevin McDorman, the vice president of the company&#8217;s business operations, stated of the move: \u201cWe\u2019re always looking for ways to improve and expand our services&#8230; We have customers who use cryptocurrency, and we are happy we can offer them a way to pay their bills with the method they prefer.\u201d Sure, It&#8217;s Great for Crypto USERS, Not so Much for Speculators Just like the other recent announcements of so-called merchant acceptance, this is not really the bullish news that many have made it out to be. Since AT&amp;T will be using BitPay to process payments, they will simply receive dollars as they always would have done. To get those dollars, the Bitcoin is immediately sold creating additional downside pressure on the price of Bitcoin. For those purely speculating, it should be realised that by using such services you are increasing the likelihood of dropping the price of Bitcoin. It will be truly exciting when a major retailers takes payment directly in Bitcoin themselves and goes on to finance the business itself using the crypto asset. Of course, these stories of increased acceptance are great for those who get paid in Bitcoin and don&#8217;t want to have to deal with an exchange just to go about their daily routines. Having more options than ever to spend crypto directly at is certainly advantageous for those trying to live without fiat. &nbsp; Related Reading: Big Day for Bitcoin Acceptance: Crypto Welcomed at Multi-Billion-Dollar Pair of Retailers Featured Images from Shutterstock. &nbsp;<\/p>\n","protected":false},"author":382,"featured_media":383539,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3],"tags":[12998,428,6664],"class_list":["post-383537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","tag-att","tag-bitcoin","tag-crypto"],"acf":[],"yoast_head":"\n<title>Living on Bitcoin Just Got Even Easier, AT&amp;T Accept Crypto Payments With Bitpay<\/title>\n<meta name=\"description\" content=\"Bitcoin can now be used to pay for AT&amp;T bills in the US. The service is being provided by crypto payment processing firm BitPay.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/living-on-bitcoin-just-got-even-easier-att-accept-crypto-payments-with-bitpay\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Living on Bitcoin Just Got Even Easier, AT&amp;T Accept Crypto Payments With Bitpay\" \/>\n<meta property=\"og:description\" content=\"Bitcoin can now be used to pay for AT&amp;T bills in the US. The service is being provided by crypto payment processing firm BitPay.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/living-on-bitcoin-just-got-even-easier-att-accept-crypto-payments-with-bitpay\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-23T21:00:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:40:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/05\/Bitcoin-Crypto-Acceptance-ADoption.jpg?fit=1000%2C667\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Rick Delafont\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rick Delafont\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/living-on-bitcoin-just-got-even-easier-att-accept-crypto-payments-with-bitpay\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/living-on-bitcoin-just-got-even-easier-att-accept-crypto-payments-with-bitpay\/\"},\"author\":{\"name\":\"Rick Delafont\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/fa5efd3c7bb4773a2a8342e06d3282de\"},\"headline\":\"Living on Bitcoin Just Got Even Easier, AT&amp;T Accept Crypto Payments With Bitpay\",\"datePublished\":\"2019-05-23T21:00:47+00:00\",\"dateModified\":\"2024-06-11T13:40:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/living-on-bitcoin-just-got-even-easier-att-accept-crypto-payments-with-bitpay\/\"},\"wordCount\":601,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/living-on-bitcoin-just-got-even-easier-att-accept-crypto-payments-with-bitpay\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/05\/Bitcoin-Crypto-Acceptance-ADoption.jpg?fit=1000%2C667\",\"keywords\":[\"AT&amp;T\",\"bitcoin\",\"crypto\"],\"articleSection\":[\"Bitcoin\",\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ktsl888.com\/news\/living-on-bitcoin-just-got-even-easier-att-accept-crypto-payments-with-bitpay\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/living-on-bitcoin-just-got-even-easier-att-accept-crypto-payments-with-bitpay\/\",\"url\":\"https:\/\/ktsl888.com\/news\/living-on-bitcoin-just-got-even-easier-att-accept-crypto-payments-with-bitpay\/\",\"name\":\"Living on Bitcoin Just Got Even Easier, AT&amp;T Accept Crypto Payments With Bitpay\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/living-on-bitcoin-just-got-even-easier-att-accept-crypto-payments-with-bitpay\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/living-on-bitcoin-just-got-even-easier-att-accept-crypto-payments-with-bitpay\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/05\/Bitcoin-Crypto-Acceptance-ADoption.jpg?fit=1000%2C667\",\"datePublished\":\"2019-05-23T21:00:47+00:00\",\"dateModified\":\"2024-06-11T13:40:17+00:00\",\"description\":\"Bitcoin can now be used to pay for AT&T bills in the US. 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He was first drawn to Bitcoin as a means of payment but quickly became fascinated by its wider potential implications. His interests lie in the political, economic, and social impact of the unfolding digital asset revolution.\",\"url\":\"https:\/\/ktsl888.com\/author\/richarddelaney\/\"}]}<\/script>\n","yoast_head_json":{"title":"Living on Bitcoin Just Got Even Easier, AT&amp;T Accept Crypto Payments With Bitpay","description":"Bitcoin can now be used to pay for AT&T bills in the US. 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