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Topic: Do you think merchants should use Bitcoin or crypto currency - page 3. (Read 4049 times)

legendary
Activity: 1258
Merit: 1001
It is one of the great utilities. So yes for sure !
legendary
Activity: 1302
Merit: 1037
I think merchants should use bitcoins, as the volume Cap of bitcoins is highest and also it is know by most people.
Other Alts first needs to be converted to bitcoins, before they can be used.
hero member
Activity: 654
Merit: 500
They should, right now its not necessary for them as bitcoin user volume is very low. Also high confirmation time is one of the reason why merchants could be avoiding bitcoin.
I dont think confirmation time is any hindrance since they dont have to deliver their products instantly.Even a fastest delivery takes longer than confirmation time

If they think bitcoin could take long time for confirmation they could use ethereum. Cheesy
legendary
Activity: 854
Merit: 1000
They should, right now its not necessary for them as bitcoin user volume is very low. Also high confirmation time is one of the reason why merchants could be avoiding bitcoin.
I dont think confirmation time is any hindrance since they dont have to deliver their products instantly.Even a fastest delivery takes longer than confirmation time
newbie
Activity: 32
Merit: 0
As you have seen that more and more users from India are now getting into crypto currency and companies like zebpay and coinsecure makes it easier to buy bitcoins.
So do you think merchants like flipkart and amazon should use bitcoin as alternate payment gateway.

I guess online retailers would love to use BTC since it will cut their banking fees. Once the retailers starts using bitcoins, the awareness of cryptos will also increase throughout the country.

BUT the problem here for the retails is the uncertainty of government's position on cryptos.
newbie
Activity: 28
Merit: 0
As you have seen that more and more users from India are now getting into crypto currency and companies like zebpay and coinsecure makes it easier to buy bitcoins.
So do you think merchants like flipkart and amazon should use bitcoin as alternate payment gateway.
For country like India accepting and using in in day to day transactions bitcoin will be a big change. I think flipkart, snapdeal etc. will slowly introduce bitcoin as alternate payment method. Right now we can buy vouchers from them and they are on right track.
hero member
Activity: 692
Merit: 569
They should, right now its not necessary for them as bitcoin user volume is very low. Also high confirmation time is one of the reason why merchants could be avoiding bitcoin.
hero member
Activity: 654
Merit: 500
As you have seen that more and more users from India are now getting into crypto currency and companies like zebpay and coinsecure makes it easier to buy bitcoins.
So do you think merchants like flipkart and amazon should use bitcoin as alternate payment gateway.
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