The ForumPay Blog

FROM CRYPTO TO CASH
AND EVERYTHING IN BETWEEN

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Back to Bitcoin Basics: “We Are All Satoshi”

Just last week in Budapest, Hungary a statue in honor of Bitcoin creator, Satoshi Nakamoto was exhibited in Graphisoft Park.

Following the mantra “we are all Satoshi”, sculptors Gergely Réka and Tomás Gilly paid tribute to the anonymous developer[s] by making Satoshi’s face reflective; those who see their reflection on the “faceless super coder” are reminded of the important part they also play in Bitcoin, which may bring some to wonder – what part is that, exactly? 

token vs crypto
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Tokens Explained

When exploring the crypto realm there is no doubt you’ve heard of tokens – and yes, you might be inclined to reminisce about arcade token days, and you are not wrong to do so. They essentially run on the same idea – and although cashing out those winnings for a giant teddy bear was once the gold standard- digital tokens are represented by data and can be applied and used for a plethora of crypto-based or asset-based services making way for more interesting rewards. 

stablecoins
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What are Stablecoins?

Bitcoin remains the leading cryptocurrency in 2021 with a total market capitalization of nearly a trillion dollars, and although that is the case, the top traded digital asset by volume is a stablecoin. You may have heard of stablecoins such as Tether, Gemini Dollar, TrueUSD, DiamDexx, and USDC, but what exactly are they? Are they considered cryptocurrency? Does the value of stablecoins fluctuate and how do they work?

Bitcoin Payment Gateway
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How Will a Bitcoin Payment Gateway Help Your Business?

Nearly 2,500 US business owners currently accept Bitcoin, a figure that does not include Bitcoin ATMs. Worldwide, an increasing number of companies choose cryptocurrencies for operational, transactional, and investment purposes. This data illustrates why you need a clear understanding of what a Bitcoin payment gateway can do for your brand.

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Getting Paid in Bitcoin: How Common Will It Become?

When debating whether you should sign up to a cryptocurrency payment gateway and start to accept Bitcoin payments, you might wonder whether it’s worth it in the long run. Will people keep paying with crypto in the future, and will it become mainstream? Let’s have a look at how many customers currently use this payment method, whether this number will increase, and how getting paid in Bitcoin could benefit your business. 

gaming and crypto payments
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How Crypto is Evolving the Gaming Industry

Cryptocurrency is thought of by many as an investment opportunity, in large part because its wild price swings represent opportunities for gains (as well as risks for losses). CNBC noted recently that bitcoin reached an all-time high (around $65,000) in April, only to close out the first half of the year down 47% from that record. This kind of high-value volatility will always draw a crowd of investors.

Accept-crypto-paymetns
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Who Accepts Cryptocurrency? After This Last Year, the Number Is Rising

Is cryptocurrency the wave of the future or just a dot-com bubble waiting to pop? Time will tell, but there is good evidence that cryptocurrency will only get more popular and widely used in the months and years to come. Citibank believes that Bitcoin’s numerous advantages are bringing it to a “tipping point” into the mainstream. It is undeniable that in spite of–or even because of–the issues of the last year, the list of who accepts cryptocurrency is expanding by leaps and bounds.

Bitcoin started creeping slowly but steadily into the mainstream since its debut in 2008. Once considered far too volatile an investment for traditional banks to take a risk on, JPMorgan took on cryptocurrency customers as of May 2020 and has been banking digital securities firm TokenSoft since 2017. It doesn’t hurt that several big names have endorsed or praised cryptocurrency, including Bill Gates of Microsoft, Elon Musk of Tesla and SpaceX, actress Gwyneth Paltrow, and rapper Snoop Dogg.

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How to Pay With Bitcoin at Point of Sale (It Just Got Easier)

Accepting payment in Bitcoin is as easy as downloading the ForumPay Android or iOS app to get started, then registering for a ForumPay Merchant account. There are over fifty million holders of crypto around the globe, which means fifty million potential customers. With minimal setup, any store (online or brick-and-mortar) can accept instant, secure Bitcoin payments.

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9 Reasons to Handle All Your Blockchain Payments in One Place

Blockchain payments are expected to soon overtake all other currencies because they are mobile, global, and easy to use. Getting in on this emerging technology now can secure your spot as a brand leader in the future. But you first need a platform that allows you to accept these payments – one platform that performs the work of several without complicating your finances and/or internal operations.

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How to Make a Bitcoin Payment in 4 Easy Steps

Bitcoin is rapidly becoming one of the most preferred methods of paying for goods and services. There are a lot of reasons behind this, primarily because it’s easy to use and very private. These days, more merchants are taking bitcoin than ever before, so if you’ve ever wondered how to make a bitcoin payment, this guide will put you on the right track.