Immediate Edge

Microsoft and Overstock.com are Immediate Edge two examples, and e-commerce platform Shopify allows merchants the option of accepting them as a payment. Square also recently announced it would allow a small number of users to buy and sell bitcoin on Square Cash. Some companies have created ATMs where you can use U.S. dollars and other fiat currencies to buy bitcoin and sell them to get cash. There are also companies that have created debit cards where you can convert bitcoin into dollars and use just like you would any other debit card.

In a small number of jurisdictions surveyed cryptocurrencies are accepted as a means of payment. In the Swiss Cantons of Zug and a municipality within Ticino, cryptocurrencies are accepted as a means of payment even by government agencies. The Isle of Man and Mexico also permit the use of cryptocurrencies as a means of payment along with their national currency. Much like governments around the world that fund various projects by selling government bonds, the government of Antigua and Barbuda allows the funding of projects and charities through government-supported ICOs.

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