Leslie Wu Wai-leung, director of Hong Kong Flower Delivery, one of the first businesses in the city to accept payments using bitcoin. The company has seen a dozen transactions since 2014 using the digital currency. Photo: SCMP

Will anyone still buy coffee with bitcoin? Digital currency’s surge impairs its usefulness in real life

High transaction fees, which sometimes cost more than the product or service itself, are deterring the widespread use of the digital currency

Topic |   Bitcoin

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Leslie Wu Wai-leung, director of Hong Kong Flower Delivery, one of the first businesses in the city to accept payments using bitcoin. The company has seen a dozen transactions since 2014 using the digital currency. Photo: SCMP
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Josh Ye

Josh Ye

Josh is a reporter at Abacus. He was previously a reporter and a video producer for the South China Morning Post. Graduated from the University of Pittsburgh with a major in English and philosophy, he's now pursuing a law degree at the University of Hong Kong. Outside of work, he's a pop culture junkie, an avid listener of audiobooks and a huge fan of American sports.