Topic: Decentralized marketplaces will put Amazon out of business - page 3. (Read 562 times)
The strange thing is, I would have thought that companies like Amazon were made by the Internet, but in time to come, with Blockchain technology etc., the middleman will effectively be cut out and we'll be able to buy direct from source. This is because of decentralization, basically. It may be true. But it's going to take time. A lot of time.
And how do you see decntralised marketplaces overtakeing these giants?
Ebay and Amazon is there because there is need for middle men which gives security to purchase.
Ebay and Amazon is there because there is need for middle men which gives security to purchase.
Because they would provide the security necessary without having to pay higher prices. Amazon markups always calculate the Amazon fees and same with Ebay.
Evolving delivery methods (ai drones etc.) would provide the same cheap and fast delivery for peer-to-peer purchases so both sellers and buyers would save money.
The problem is that centralization and scaling up enables low prices for end customers and quick delivery times. Peer-to-peer marketplaces (e.g. OpenBazaar) will definitely take place next to the giants of e-commerce, but putting Amazon "out of business" is highly unlikely.
And how do you see decntralised marketplaces overtakeing these giants?
Ebay and Amazon is there because there is need for middle men which gives security to purchase.
Ebay and Amazon is there because there is need for middle men which gives security to purchase.
Amazon is a real cancer in society. It appears to have been the cause of the demise of Toys'R'us, and it is destroying many local shops. It is starting to move on supermarket chains, and this will allow it to further its globalist initiative. We know that the banking/globalist elite are promoting eugenics, and Amazon's take over of the food chain and drug distribution could be a great help in furthering this initiative.
maybe someday but i believe we are very far a way from that day.
we already have bitcoin, which is the decentralized currency that you can use for purchases. then we also have openbazaar which is the decentralized marketplace for people to buy and sell anything they want in a decentralized manner. but neither of them are mass adopted, not to mention that usage of them is not easy specially openbazzar. and that is a big obstacle that we need to overcome before wanting to see it replace big corporation giants such as Amazon.
we already have bitcoin, which is the decentralized currency that you can use for purchases. then we also have openbazaar which is the decentralized marketplace for people to buy and sell anything they want in a decentralized manner. but neither of them are mass adopted, not to mention that usage of them is not easy specially openbazzar. and that is a big obstacle that we need to overcome before wanting to see it replace big corporation giants such as Amazon.
It is the middlemen who currently run this world.
Easiest way to make money.
1. Find a product that's valuable.
2. Buy the same thing at a lower price by purchasing in large quantities.
3. Sell individual units at a profit.
The giants Amazon, Alibaba, Costco, Walmart, ETC. all exploit this tried and true method of creating value.
I also sell products wholesale on Amazon and can tell you from experience this works. Anyone can do it.
The thing is, once people can make transactions directly from the warehouse or the seller without the need of a platform or place at the best price and with great shipping, security, trust etc. won't all forms of middlemen become obsolete?
Everything would be cheaper and more accessible.
Easiest way to make money.
1. Find a product that's valuable.
2. Buy the same thing at a lower price by purchasing in large quantities.
3. Sell individual units at a profit.
The giants Amazon, Alibaba, Costco, Walmart, ETC. all exploit this tried and true method of creating value.
I also sell products wholesale on Amazon and can tell you from experience this works. Anyone can do it.
The thing is, once people can make transactions directly from the warehouse or the seller without the need of a platform or place at the best price and with great shipping, security, trust etc. won't all forms of middlemen become obsolete?
Everything would be cheaper and more accessible.
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