Samsung’s Crypto Phone: the Start of a Revolution or a PR Stunt?

Samsung’s Crypto Phone: the Start of a Revolution or a PR Stunt?

There’s a lot of buzz around Samsung’s newest smartphone. But what does it really mean for the industry?

Entrepreneurs, developers, and investors within the cryptocurrency space have been waiting for years for the moment that cryptocurrency will truly be adopted for usage on a large scale. There has been much speculation about what could cause this adoption to happen–some have even predicted that an inevitable global financial crisis will be what truly brings crypto into the “mainstream.”

However, even those who predict such a doomsday for the world of finance as we know it can acknowledge that in the meantime, the thing that’s really going to drive cryptocurrency adoption is accessibility. As crypto platforms become increasingly user-friendly and available, more and more people come into the cryptosphere to stay.

Therefore, the launch of Samsung’s newest smartphone, the Galaxy S10, has caused quite a bit of excitement within the cryptocurrency industry. Some believe that the phone, which will come equipped with a built-in “cold” (offline) cryptocurrency wallet, is the thing that will finally bring crypto to the masses.

 

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