Bitcoin is used to pay for goods and services, Charlie Shrem notes

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Yaroslav Dmytrenko

21.08.2026

Bitcoin is used to pay for goods and services, Charlie Shrem notes — Bitcoin used to reconstruct financial systems

Charlie Shrem, founder at CryptoIQ, described his experience with paying using Bitcoin. He recounted a moment when another individual quickly accepted Bitcoin as payment, emphasizing the development of an entirely new financial system rooted in crypto transactions.

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Shrem has previously invited bitcoin advocates in New York to join him at PubKey for a community event. He has also outlined the impact of SegWit and bip110 on Bitcoin development, noting the protocol's anti-leader sentiment in ongoing community discussions. These activities reflect his engagement with key moments in Bitcoin’s evolution.

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