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Marcus Swanepoel: Bitcoin is bought for investment, not for payments

Marcus-Swanepoel-Bitcoin-is-bought-not-for-payments Marcus Swanepoel | CEO of the LUNO

Luno cryptocurrency exchange CEO Marcus Swanepoel expressed the opinion that 90% of users use Bitcoin for investment or speculation, not for payments.

In an interview with CNBC, Swanepoel said that only a small part of the first cryptocurrency users use it for transactions and payments in the real world.

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Luno Cryptocurrency Wallet


One of the important functions Bitcoin-wallet Luno is that users can buy and sell digital currency in the application itself. But this function is only available for the regions in which it is supported. For inexperienced users such mobile bitcoin-wallets will be very useful. They can do everything they need, using only one application, without opening the browser window for trading bitcoins. This wallet is called smart, because it is designed to study the behavior of users. Luno plans to release a generation of virtual credit card numbers for its wallet. With their help, users will be able to spend bitcoins around the world.

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