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Topic: eCommerce is the way to adoption - Do your part (Read 506 times)

newbie
Activity: 132
Merit: 0
Already quite often there are sites of large commercial stores, where bitcoin or other cryptocurrencies are used as payment currency. Cryptocurrency is gradually being introduced into electronic commerce and this does not even depend on its official regulation in any country.

Part of the beauty of crypto is that no country needs to accept it, only the business owners do.
hero member
Activity: 1316
Merit: 407
Top Crypto Casino
It is being inserted gradually but only by small markets, large shopkeepers are little adept at cryptos. I think that taking this path would not be the best option for a greater adoption of society.
member
Activity: 714
Merit: 10
Already quite often there are sites of large commercial stores, where bitcoin or other cryptocurrencies are used as payment currency. Cryptocurrency is gradually being introduced into electronic commerce and this does not even depend on its official regulation in any country.
full member
Activity: 688
Merit: 106
Bitcoin and cryptocurrencies are very volatile and therefore they are poorly suited for eCommerce. Stablecoins are better suited for eCommerce.
Even bitcoin and other top cryptocurrencies are volatile its seems that they also fitted for ecommerce especially bitcoin which is always use in difference ecommerce. Using ecommerce to implement cryptocurrency is a good way to have massive adoption.
full member
Activity: 574
Merit: 102
there is more important than mass adoption by all e-commerce in the world, namely the legality recorded in the government law and protected by law by all countries in the world
with the official legality, mass adoption will occur and it will increase the interest of new and existing bitcoin users who have known bitcoin from the beginning
really hope that this will happen soon, and we can enjoy bitcoin by using it like we use PayPal or other e-Money to make payments

I think it seems useless when we have to continue to wait for the legality in a country (who doesn't know how long) but the global society massively doesn't know what cryptocurrency is, what bitcoin benefits can give to everyday life needs. and also how can a legality be given when there is no trust built in this context widely adoption the use of bitcoin. and if we see the reality of today, when many countries have accepted the existence of bitcoin or even countries that just let the use of bitcoin but not ban on it, is an opportunity to show that bitcoin is real.
copper member
Activity: 294
Merit: 1
Yes the first point of call to the increased adoption rate of Cryptocurrency would be from the e-commerce industry.
When a holder of Cryptocurrency can be able to purchase goods and services using Cryptocurrency and then a potential investor will be able to own Cryptocurrency without having to go through the conventional  rigorous processes.
copper member
Activity: 8
Merit: 0
Since there are so many coins and token. E-commerce would be kinda hard to manage without actively maintaining the transaction infrastructure, what if a customer bought something using XXX coin. then XXX coin suddenly drop in value. that would be a serious hit to the business  Embarrassed
sr. member
Activity: 1162
Merit: 260
Sadly there is no option like this in my country and last year when many things were set to launch, the gov put some restriction on crypto-currencies. Now the only way to expend in a eCommerce website is to buy gift cards from third party websites. Which is not that much encouraging for adopting crypto-currencies.
copper member
Activity: 140
Merit: 3
It's good to see crypto payment plugins on various shopping sites. When it hits amazon then you know bitcoin has gone mainstream and there is no going back
newbie
Activity: 132
Merit: 0
I think there are already countless lists like these, but I'll give my two most favorite stores that accept cryptocurrency payments.

Takeaway.com - Has been accepting Bitcoin for years now. You can order food online in many different European countries.

Overstock - They too have been accepting cryptocurrency for years. They even keep part of their payments in Bitcoin and do not immediately exchange everything into fiat.

Really if you're into cryptocurrency yourself, do everything to support these websites. They are a HUGE support for Bitcoin adoption.
I personally use them every month almost and pay with Bitcoin.

The problem with those solutions is that it doesn't allow YOU the consumer to sell your items. Forra is a way for anyone to sell anything to anyone without fees. These are simply businesses that accept crypto.
legendary
Activity: 1792
Merit: 1283
I think there are already countless lists like these, but I'll give my two most favorite stores that accept cryptocurrency payments.

Takeaway.com - Has been accepting Bitcoin for years now. You can order food online in many different European countries.

Overstock - They too have been accepting cryptocurrency for years. They even keep part of their payments in Bitcoin and do not immediately exchange everything into fiat.

Really if you're into cryptocurrency yourself, do everything to support these websites. They are a HUGE support for Bitcoin adoption.
I personally use them every month almost and pay with Bitcoin.
newbie
Activity: 132
Merit: 0
it sound very interesting seeing lot of crypto asset coming up with project on the ecommerce industry which will  increase the rate of participant in the crypto industry which will definitely lead to mass adoption but irrespective of these great opportunity it offers there are still pending issues that need to be address technically . the major challenge is the issue of insecurity of crypto asset, retailer and institutions are little bit scare about  introducing crypto asset to their online retails shop since the insecurity issue have not fully be address . in my opinion for mass adoption security must be guarantee for participant first before mass adoption

I think you are right. It will be the path to mass adoption
newbie
Activity: 132
Merit: 0
Bitcoin and cryptocurrencies are very volatile and therefore they are poorly suited for eCommerce. Stablecoins are better suited for eCommerce.

Forra allows people to pay in any coin and they then turn those funds into a stablecoin, making it a safe and reliable way to send X amount of USD.
full member
Activity: 630
Merit: 101
Bitcoin and cryptocurrencies are very volatile and therefore they are poorly suited for eCommerce. Stablecoins are better suited for eCommerce.
copper member
Activity: 210
Merit: 2
www.daxico.com
it sound very interesting seeing lot of crypto asset coming up with project on the ecommerce industry which will  increase the rate of participant in the crypto industry which will definitely lead to mass adoption but irrespective of these great opportunity it offers there are still pending issues that need to be address technically . the major challenge is the issue of insecurity of crypto asset, retailer and institutions are little bit scare about  introducing crypto asset to their online retails shop since the insecurity issue have not fully be address . in my opinion for mass adoption security must be guarantee for participant first before mass adoption
full member
Activity: 602
Merit: 118
Given that crypto is entirely digital, e-commerce is the single most effective transaction medium that can facilitate various types of online transactions, especially for all crypto currencies.  For most crypto users the presence of e-commerce's real very helpful for anyone who wants to do a cryptocurrency transaction. However, because the government's ban continues to the present, the community's perspective on the use of cryptocurrencies seems to be more inclined to use it only as a store of value/asset investment.
newbie
Activity: 132
Merit: 0
This needs consumer demands. If I were a businessman I may not want to use bitcoin as payment now. Especially on a tight budget. I don't want to be trapped with the volatility of it. Well if it goes up then that's a different story, then I will invest.


http://Https://forra.io uses stable coins once the item is purchased to ensure that when something sells everyone is guaranteed the proper amount of money.
sr. member
Activity: 444
Merit: 254
If merchants could give good discounts (for example 10-25%) while user pays with cryptocurrency - I think it would attract new users to learn about crypto. But the way from fiat to crypto should be easy also.
copper member
Activity: 140
Merit: 0
Our part can only be done when the merchants allows us to by accepting coins as payment. On the other hand, as a merchant,  it won't be easy adopting it now as we have bull or bear market, you can only do it with a very stable coin if not,  losses may set in.
full member
Activity: 756
Merit: 112
This needs consumer demands. If I were a businessman I may not want to use bitcoin as payment now. Especially on a tight budget. I don't want to be trapped with the volatility of it. Well if it goes up then that's a different story, then I will invest.
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