Where, where and how to spend cryptocurrency: stories from the practice of experts
About this publication
CryptoNews collects stories from experts' practice on where and how cryptocurrency can actually be spent. The article covers merchant adoption, payment infrastructure, and crypto as a means of payment rather than only a speculative asset.
Dmitry Kotov's role
Dmitry Kotov shares examples from his consulting work of how businesses and individuals use cryptocurrency in everyday transactions.
Background
CryptoNews covers the sector for a Russian-speaking readership. This piece takes up spending rather than trading — where cryptocurrency can actually be used, which has always been the weaker half of the story.
The gap between holding and spending is structural. A volatile asset makes a poor unit of account, on-chain settlement is slow and expensive relative to card rails, and in most jurisdictions each purchase is a taxable disposal that the buyer must track. The practical answer that emerged was not merchants accepting crypto directly but cards that convert at the point of sale — which solves the user's problem while quietly conceding that the payment network doing the work is the conventional one.
Originally published on cryptonews.net in Russian.
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