Nick Jones | Source | CEO & Co-Founder at Zumo

We’re delighted to see that Tesla is now accepting Bitcoin as a form of payment for their products – the increased institutional investment and market support of cryptocurrency from such brands is a key indicator of not only its long-term value but its contemporary relevancy.

It’s amazing to see crypto take root in my back garden of Edinburgh, but also because it all became about due to requests from students. This should be unsurprising given that in a recent poll we carried out, it was the youngest respondents who had the most excitement about the future of crypto– indeed, over 50% of 18-24-year-olds believe it will be a normal form of payment in the next 10 years.

It’s the evolution of an industry that used to sit on the periphery. It really blurs the lines between crypto and more traditional financial institutions.