Centralizing crypto payments has caused a lot of disruption for businesses and large organizations. Dozens of large banks and well-known brands have been affected by data breaches connected to centralized cryptocurrency, including Equifax, Capital One, and Wells Fargo. So, how can the crypto community protect themselves, their assets, and their identities from these data breaches while continuing to use cryptocurrency and bitcoin?

Through the mass adoption of decentralized crypto payments.

On today's episode, we discuss MonarchPay's newest service and how it's decentralized recurring crypto payment process helps businesses and service providers protect themselves from data breaches while offering a safe, easy way to make purchases and receive funds. We discuss the type of businesses that could benefit from MonarchPay's recurring payment system, the benefits of getting paid in cryptocurrency, and how crypto payments have been adopted by consumers. We also discuss how the crypto community can help increase the awareness of cryptocurrency and crypto payments to encourage the mass adoption of this payment method.

"It's definitely something people need to embrace more." - Bitboy

This week on Beards and Bitcoins:

• MonarchPay's new decentralized recurring payment service
• The difference between PumaPay, Coinbase, and MonarchPay
• The benefits of decentralized recurring crypto payments
• Major banks that have been negatively affected by centralized crypto payments and how much compensation consumers can expect to get back from their recent data breaches
• The benefits of getting paid in cryptocurrency
• Various ways crypto payments have been adopted by consumers
• How bitcoin can remove the need for payment processors for retail and service providers
• How the crypto community can increase the adoption rate of crypto payments
• Conversations we've had about cryptocurrency with attendees at Podcast Movement 2019
• Why many businesses still have not adopted cryptocurrency and crypto payments

Resources Mentioned:

• Coinbase
• PumaPay
• MonarchPay Offers Recurring Payments Solution

This episode is sponsored by MonarchPay. Crypto Starts Here.

MonarchPay is the world's first decentralized recurring crypto payment service. Designed to make receiving and paying recurring crypto payments safer, faster, and easier for consumers and merchants alike.

To learn more about MonarchPay and how to get started, visit MonarchPay.com

Unite the Crypto Community!

Thanks for tuning into this week's episode of Beards and Bitcoins - the podcast bringing you news, information, and stories to spread awareness about cryptocurrency. If you enjoyed this episode, head over to Apple Podcasts, subscribe to the show, and leave us a rating and review. Help us spread the word by sharing your favorite episodes on social media. And don't forget to visit our website, grab your favorite Beards and Bitcoins merch, and follow us on LinkedIn and Twitter!

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