Alex Gladstein, Chief Strategy Officer , summarized the report via his Twitter account.
As Morgan Stanley said, according to Gladstein, one in six PoS is powered by NCR which makes that announcement more significant.
The VISA and Mastercard power PoS and Strike’s alternative, the banking institution noted, operate similarly proving users with “real-time settlement” for payment.
The banking institution, Gladstein continued, pointed out the tradeoffs of using a Bitcoin-based PoS: the price fluctuation in the underlying asset, the taxes implications, and the potential scrutiny from regulators and government officials if they believe that BTC is a “legitimate competitor currency to the U.S.
Over the past decade, the price of Bitcoin has increased significantly and seems to continue on an uptrend.
Over the long run, as seen in the chart below, the cryptocurrency is better at providing its holders with more purchasing power, unlike the U.S.