Bitcoin’s Impact on Cash Storage for American Retailers

MarketScale
MarketScale
Jun 17, 2021
bitcoin cash cryptocurrency investment methods payment methods

Has the hype around cryptocurrency blinded people to the drawbacks? Is it a payment method or an investment? Will it still be relevant in 20 years?

With all the noise around cryptocurrency, it can be difficult to sort out the pros and cons. To discuss the latest trends in cryptocurrency and how it compares to cash, host Tyler Kern welcomed David Barclay, VP of Marketing for Tidel.

Barclay pointed out that as an investment cryptocurrency is extremely volatile and unpredictable. Prices can fluctuate drastically from a single headline, making the future uncertain and risky.

Another drawback is the environmental impact of blockchain technology and the fact that 75% of Bitcoin mining is coming out of China. This adds to the volatility, as it remains to be seen how regulation of the technology will pan out.

Is cryptocurrency a valid method of payment? Barclay sees challenges with universal acceptance compared to cash currency.

“Cash is the oldest form of legal tender. It’s been around for 40,000 years. Bitcoin has been around for 12. That’s a stark difference,” Barclay said.

He doesn’t see cash being replaced any time soon, even as more businesses and governments begin to recognize cryptocurrency. “If you look at crypto, it’s got a ways to go to be able to encroach on the placement of cash in society today as a payment vehicle,” Barclay said.

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Image

Latest

Radar
Physical Retail’s Next Infrastructure Layer: Item-Level Intelligence with Radar
June 4, 2026

Physical retail is under pressure to become as measurable and responsive as e-commerce. While retailers have spent years optimizing digital channels with real-time data, store teams have often had to make decisions with incomplete inventory visibility and delayed operational signals. That gap matters because stores still account for 80% of U.S. retail sales, making…

Read More
Healthcare in Pakistan
From Institutional Excellence to Population-Level Access: How Pakistan Can Bridge Its Healthcare Divide
June 1, 2026

Healthcare systems are under pressure almost everywhere, but the strain is especially visible in lower-resource settings where demand is rising faster than infrastructure. In Pakistan, that pressure is playing out across a system that has to serve more than 250 million people with limited public investment. Public health spending remains below 1% of GDP,…

Read More
Engineering
Scaling Experiential Learning in the Curriculum: How Iron Range Engineering Transformed Engineering Education
June 1, 2026

Engineering has transformed nearly every part of modern life, from the phones in our pockets to the systems powering global industry. But the way engineers are educated has often moved far more slowly than the profession itself. Employers are asking for graduates who can navigate ambiguity, communicate across teams, and contribute meaningfully from the…

Read More
vascular surgeon
When Geography Meets Purpose: How One Move Reshaped a Vascular Surgeon’s Career
May 28, 2026

Medicine isn’t what it used to be—not for the people practicing it. Independent physicians are becoming the exception, not the norm, as more doctors move into hospital systems, corporate groups, and academic networks. At the same time, the pipeline of specialists isn’t keeping pace with growing patient needs, particularly in complex fields like vascular…

Read More
Related
AI
Software & Technology
The AI Health Score: Turning Hallucinations, Agents, and AI Risk Into Board-Ready Insight
May 24, 2026
TheAIAudit
Healthcare
Introducing TheAIAudit: A Platform Built to Measure, Monitor, and Govern Enterprise AI
May 22, 2026

Enterprise AI is advancing faster than most companies can govern it. Behind the scenes, AI systems are already influencing decisions tied to revenue, operations, compliance, customer outcomes, and risk — yet many organizations still lack a clear way to measure, explain, or oversee what those systems are doing. That is the gap TheAIAudit was…

Read More
healthcare
Healthcare
The Best Healthcare Platforms Are Built on Clear Communication, AI-Human Collaboration, and a Deep Understanding of the “Why”
May 4, 2026

Healthcare is being pushed to modernize faster than ever, as AI tools, virtual care, and digital patient experiences shift from innovation to expectation. Recent survey data from McKinsey & Company indicates that about half of U.S. healthcare leaders say their organizations have already put generative AI into practice, underscoring how quickly the technology is…

Read More