Topic: Shopify is now supporting Bitcoin Lightning Payment - page 2. (Read 364 times)
truly we can't just have nice things. for them to conduct the mass surveillance they would simply also do the mass adoption, this is not the ideal but i guess if we want the price to grow as quick as possible to finally get the attention media. its fine, it will go that way eventually i guess the option for shopify accepting BTC lightning payment is fine.
I reckon this is what is going to become the trend in the future with large companies like this. Once they know that the supporting services adhere to KYC requirements, then they would be more willing to accept Bitcoin as a payment option. I can use Bitcoin with most of the local e-commerce sites, but they only accept it, if you do this through payment processors that adhere to strict KYC requirements.
I think a lot of them are scared that their services or companies would be used as money laundering operations to "clear" dirty bitcoins and that would threaten the future of their business. We cannot blame them, if their local laws and regulations stipulate certain requirements for them to accept Crypto currency payments.
I think a lot of them are scared that their services or companies would be used as money laundering operations to "clear" dirty bitcoins and that would threaten the future of their business. We cannot blame them, if their local laws and regulations stipulate certain requirements for them to accept Crypto currency payments.
This is quite expected as businesspeople do not want to get entangle with the government for any reason. These people know that there is a potential in the use of cryptocurrency but they know how to be careful not to be embroiled in legal battle no matter how trivial it can be. Third-party infrastructure can be helping a lot the business sector get into the cryptocurrency bandwagon easily and safely. This is in a way can help a lot towards the expansion of the whole cryptocurrency industry.
Answer this question:
is there ANY POINT AT ALL in using a cash-like internet currency if we accept a middleman that changes it back into a controlled system?
actually, don't bother answering, just go play in a lightning storm wearing a tall copper hat instead
this is why we can't have nice things
Perhaps those unaware of the whole KYC procedure will fall for this trick early on and will try to use LN, sort of experiment. So it could really bring some newbies on-board e-commerce platform. After all everyone e-commerce business is growing every year and it the end if could boost bitcoin and bridge the gap to the masses.
However, you need to read about this, OpenNode requires KYC now!.
I won't be using Shopify or their partner gateway for Lightning
Mass adoption surveillance or not?
fixed
I reckon this is what is going to become the trend in the future with large companies like this. Once they know that the supporting services adhere to KYC requirements, then they would be more willing to accept Bitcoin as a payment option. I can use Bitcoin with most of the local e-commerce sites, but they only accept it, if you do this through payment processors that adhere to strict KYC requirements.
I think a lot of them are scared that their services or companies would be used as money laundering operations to "clear" dirty bitcoins and that would threaten the future of their business. We cannot blame them, if their local laws and regulations stipulate certain requirements for them to accept Crypto currency payments.
This is quite expected as businesspeople do not want to get entangle with the government for any reason. These people know that there is a potential in the use of cryptocurrency but they know how to be careful not to be embroiled in legal battle no matter how trivial it can be. Third-party infrastructure can be helping a lot the business sector get into the cryptocurrency bandwagon easily and safely. This is in a way can help a lot towards the expansion of the whole cryptocurrency industry.
However, you need to read about this, OpenNode requires KYC now!.
I won't be using Shopify or their partner gateway for Lightning
Mass adoption surveillance or not?
fixed
I reckon this is what is going to become the trend in the future with large companies like this. Once they know that the supporting services adhere to KYC requirements, then they would be more willing to accept Bitcoin as a payment option. I can use Bitcoin with most of the local e-commerce sites, but they only accept it, if you do this through payment processors that adhere to strict KYC requirements.
I think a lot of them are scared that their services or companies would be used as money laundering operations to "clear" dirty bitcoins and that would threaten the future of their business. We cannot blame them, if their local laws and regulations stipulate certain requirements for them to accept Crypto currency payments.
However, you need to read about this, OpenNode requires KYC now!.
I won't be using Shopify or their partner gateway for Lightning
Mass adoption surveillance or not?
fixed
For those users of Shopify here, they are now supporting LN thru OpenNode.
https://twitter.com/BitcoinMagazine/status/1166807416165601286
https://www.opennode.co/blog/how-to-accept-bitcoin-shopify-extension/
However, you need to read about this, OpenNode requires KYC now!.
Mass adoption or not?
https://twitter.com/BitcoinMagazine/status/1166807416165601286
https://www.opennode.co/blog/how-to-accept-bitcoin-shopify-extension/
However, you need to read about this, OpenNode requires KYC now!.
Mass adoption or not?
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