Bitcoin Watch – Former VISA UK CEO wants crypto to be used on a daily basis

21 May, 2018

Former VISA UK CEO Marc O'Brien announced he is the newly appointed CEO of cryptocurrency startup, Crypterium. The organisation is designed to allow users to spend cryptocurrencies on a daily basis for everyday products and services. In a recent interview with Business Insider's Oscar Williams-Grut, Mr O'Brien said: "The idea is that cryptocurrency is actually quite difficult today to use as an everyday method of payment. If you were to go to an exchange with your bitcoin or your ether it would probably take you 3 to 7 days to get that money paid out into a normal bank account. What Crypterium will do is make that whole process seamless and give an opportunity for a consumer to actually use their cryptocurrency to pay for everyday items."

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