Crypto Growth Outside the United States projected! Crypto Growth outside the United States is projected by the online travel giant Booking Holdings.
Glenn Fogel, the recently appointed CEO of Booking Holdings, expressed his support for cryptocurrencies in an interview with Skift, a New York-based travel publication. In the interview, Fogel discussed blockchain and crypto alongside other issues in the travel industry.
Fogel was asked about future payment systems and how they relate with travel – he emphasized that the process needs to be seamless, adding that data security must be prioritized. Fogel noted his thoughts about how cash will become a rarity in the future – the potential of a global currency that is secure is far more likely.
He stressed that such a currency would be popular, especially outside the United States due to the widely-accepted credit card payment system. He said:
“When Bitcoin became well known, many questioned its legitimacy, and while the jury is still out on the future of Bitcoin, I do believe currencies with a blockchain base will continue to surface and may become more widely accepted across the globe, especially outside the U.S., which has a well-accepted credit card payment system.”
Fogel was appointed as the new CEO of Booking weeks after the travel giant declared that they were a founding member of Facebook’s Libra cryptocurrency. They joined partners such as Visa and Mastercard.
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