Retailers and Crypto

What is happening? Gucci leads all retailers in accepting crypto.  70% of its full, directly operated stores accept crypto. Gucci says it likes the spirit of adventure.

Why is this important? Gucci was the first brand to accept crypto, and this week was the first brand to accept ApeCoin. This week as in the week that includes August 4, 2022- what a roller coaster!

How will this be important? Forbes: “Bitcoin and Ethereum, for instance, are bouncing back after a major crash in June 2022. But the fascination with block-chain based currency endures.”

Forbes | Gucci Leads In Crypto Transactions