Bitcoin’s Impact on Cash Storage for American Retailers

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

Christie Linebarger
Christie Linebarger’s Journey to Leadership: Grit, Growth & Leading with Heart
November 19, 2025

Leadership conversations are shifting as companies navigate rapid change, tighter labor markets, and evolving employee expectations. Teams want leaders who show up with humility, clarity, and a genuine investment in people—traits that can’t be faked and can’t be automated. And with studies consistently linking team engagement to the quality of direct leadership, understanding how effective…

Read More
Detroit's workforce
Powering Up Detroit’s Workforce: How Per Scholas Is Connecting Local Talent to Tech and Energy Careers
November 18, 2025

Detroit is undergoing a once-in-a-generation transformation—one driven by innovation, community leadership, and an urgent demand for a new kind of workforce. As energy and tech sectors accelerate, organizations and employers are racing to prepare Detroit’s workforce for jobs that didn’t exist a decade ago. Workforce researchers note that tech-enabled roles across industries are growing…

Read More
robot
Robots, Revenue, and the Race for the Future: Intelligent Automation Is Powering the Next Wave of Growth
November 18, 2025

It’s hard to ignore just how quickly the world around us is changing. Packages arrive faster than ever, store shelves restock almost instantly, and behind the scenes, businesses are racing to keep up with expectations that seem to climb by the day. But as the workforce shrinks and pressure rises—including a projected shortage of…

Read More
healer
The Herban Alchemist’s Guide to Purpose, Energy, and Modern Leadership: How a Multi-Disciplinary Healer Helps High Achievers Rebuild Their Energy and Direction
November 18, 2025

As conversations about leadership and well-being continue to evolve, many high-achievers are confronting a familiar tension: they’re excelling publicly while quietly running on empty. Energy is both one of the most valuable—and most depleted—resources for many balancing ambition, impact, and personal purpose. At the same time, interest in holistic and integrative healing is surging, with…

Read More