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 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
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
Bitcoin

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
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 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
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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