Weekly Blockchain News with Mammycrypto Nov, 28th 2020

Hope you had a wonderful Thanks Giving holiday, as many of us in the USA stopped for a moment to be thankful for all the blessings we still have. As a family, I would say that crypto in general has been a blessing and does give us hope for a better future. This holiday week, the crypto markets have experienced a strong correction with Bitcoin and most alt-coins taking a much-anticipated dip. A correction that many traders and chart analysts were expecting, but one that I believe was driven by some unexpected news that came out this week. The articles below are handpicked for you, one article to read for each day of the week. They will help you understand the environment we are in and some of the catalyst topics that are certainly contributing to the market movement. Check out the Major headlines in the quick 3-minute video below. Also, access each article provided in the video with the links below. I certainly recommend the read. Sunday, Nov 22nd 2020:   Ethereum 2.0 to boost DeFi but

SPEDN by Flexa - Starbucks, Whole Foods and other retailers now accepting Litecoin payments



Released to users on May 13th 2019 at Consensus SPEDN by Flexa became a hit instantly. The excitement surround its unofficial partnership with Starbucks, Whole foods and other groups also drove more bulls into the Bitcoin run which Hit $8300 dollars and kept moving up. Now the app just announced its integration with Litecoin. According to John Kim @Johnkim77 Litecoin's creators; Charlie Lee, right arm:  "
I'm convinced that this will have the biggest impact on mass adoption"


"Litecoin is absolutely one of the best cryptocurrencies for real-world payments and I’m excited to support the entire Litecoin Community to make cryptocurrency spendable everywhere." of  




According to Flexa network: " Flexa is a new payment network, built using cryptocurrencies, that brings buyers and seller closer together. In order to cut costs, eliminate fraud, and preserve and protect your privacy."


The SPEDN APP by Flexa is a dream come true application for Crypto enthusiasts. Investors are gradually shifting the majority of their spendable assets into Crypto and many would like to spend it in crypto as well. Converting back into fiat is certainly a inconvenience and the only thing missing was retailers willing to accept it. 


For the retailer the app has no draw backs in terms of volatility. The Cryptocurrency is converted into cash before the point of sale. Sellers will receive the transaction as cash.


With the practicality of the SPEDN WALLET app Starbucks, Whole Foods, Basking Robins, Nordstrom and other Retailers enabled crypto payments this week. My assumption is that other retailers and service providers will follow suit. Companies want to save money on transaction costs and realized that their costs diminish significantly when crypto currency payments are used instead of credit cards. A savings that can range from 1% to 5% per transaction.  


The excitement around the SPEDN by Flexa app on Twitter is very alive. Especially now that the crypto community no longer have to wait for Litecoin integration. Well done.


Yahoo finance also Twitted a video interview with Flexa CEO explaining the app in detail. Watch it Here

Available at Apple Store. Android Version coming soon. 


https://itunes.apple.com/us/app/spedn-by-flexa/id1456135087?mt=8


I have downloaded mine and will soon be headed to Starbucks to give it a try soon. 


Please note that you can skip the invitation code and go directly into the wallets. Name, date of birth, US state, and email are required information. 


By: MamaeCrypto


Mamaecrypto.blogspot.com

Youtube: @Mamaecrypto
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Facebook: @Mamaecrypto
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Disclaimer

My opinions are simply my opinions and not investment advice. I strongly recommend everyone investing or looking to earn or acquire cryptocurrencies to do their own research and get very educated about risks and security before acquiring, earning or investing. The content in this blog/ website is not investment advice. Please note that this web site also features sponsored content and referral affiliate links. Which means that when you click on some links and sign up for a product or service I may receive I small commission or credit for the referral. Most the the links also will give you an invite incentive that most often you would not receive if you do not use a referral invite link.

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