Fundstrat Global Advisors co-founder Thomas Lee on how to invest in bitcoin, why he considers bitcoin to be a safe haven, the state of the markets and why he does not predict a recession.<\/p>\n
Bitcoin is making waves again with its first TV ad in France.<\/p>\n
The 18-second spot, which has been running multiple times a day on the countrys free-to-air station, TF1, advertises services from Paris-based financial firmKeplerk. The company allows people to exchange money for bitcoin at about 6,500 local convenience stores.<\/p>\n
Customers can buy physical vouchers in the amounts of 50 euros, 100 euros or 250 euros, and, after a processing fee, convert them into bitcoin that appear in their mobile wallet.<\/p>\n
Oh c'est sympa a! one Twitter user wrote, which translates to Oh, thats nice!<\/p>\n
Digital currency has been gaining momentum in France, ranking on Bitcoinists top-20 countries adopting the tech. BeInCrypto, which reported news of the ad, said another campaign was launched months ago to allow bitcoin payments in 25,000 locations.<\/p>\n
And other reports have predicted a bitcoin boom in the country on the news that more and more retailers there are preparing to accept the currency at some point in 2020.<\/p>\n
This is not the first time bitcoin has appeared on TV, however. Earlier this year, in the United States, a national ad from New York-based crypto investment firm Grayscale Investmentsran urging investors to forgo gold and pick up bitcoin instead.<\/p>\n
You see where things are going, it said. Digital currencies like bitcoin are the future.<\/p>\n
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According to a report from Coincodex, the United States is among the top countries in terms of share of bitcoin users, making ita prime market for more digital currency TV ads.<\/p>\n
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Strict state-level regulations, though, could make firms wary of launching new initiatives.<\/p>\n
The value of one bitcoin is currently hovering around $7,700.<\/p>\n
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Watch the first-ever bitcoin TV commercial launched in France - Fox Business<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Fundstrat Global Advisors co-founder Thomas Lee on how to invest in bitcoin, why he considers bitcoin to be a safe haven, the state of the markets and why he does not predict a recession. Bitcoin is making waves again with its first TV ad in France. Continue reading