Will Popularity Spell Doom for Bitcoin?

The increasing fracturing and pluralism in the cryptocurrency space has meant that few people are directly trading with any particular currency.

This separation between the user and the direct cryptocurrency platform has enabled a new option: a payment gateway for a website that collects payments in a number of different cryptocurrencies using a single set of tools.

If the system physically prevents anyone from adding money, then governments and banks can’t artificially inflate the currency.

However, because the new generation of payment gateways allows users to purchase with any of a number of different cryptocurrencies, the governments and banks can now easily inflate.

In the case of cryptocurrencies, any individual or group who can convince a payment processor to add a new crypto to gateway’s accepted list can now inflate the money supply.

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