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Topic: The Impact Of Bitcoin On Future Business Models(1) (Read 124 times)

hero member
Activity: 2660
Merit: 551
Well I'm paying my electricty bills with the bitcoin converted to fiat so I don't think that they are refusing it.  Grin. I think the questions should be Will the electric suppliers refuse to provide electricity for those bitcoin mining farms?

Bitcoin has no boundaries as @cryptobluemoon have said, the main issue is how much is the cost of transaction? We all know that currently, this is the main problem, but if this is solved, then bitcoin can be adopted as global payment method. I know that its been used as remittances as well, challenging WU and Paypal. But if we can push it to be the mainstream payment method then everything will be set up. No more third party in between. And everything can be track in blockchain.
newbie
Activity: 182
Merit: 0
Bitcoin is borderless very useful for remittance market
newbie
Activity: 18
Merit: 0
Bitcoin will become the global e-commerce standard

Why do you say that because today's world is already an Internet age. The previous business model has completely lagged behind, the Internet business is not born, the business model is the following this way:

Wholesale manufacturers sellers - the first batch of merchants plus profit sellers - the second batch of merchants plus profit sellers - the third batch of merchants and then add profit sellers ... ... - Nth batch of businesses plus N Road profits Selling - the final buyer miserable bought high-priced goods

The greatness of the internet business model is to directly reduce the intermediate links and greatly reduce opaque and opaque operations in commercial activities. There is also no more exploitation, and the complete rewriting of the tragedy of shearing the wool on the sheep from the ultimate buyer has been completely rewritten. And into a very small direct sales, reducing labor costs and buyer burden, so Jack Ma, Liu Qiang East can achieve greater success. Now this model is also constantly expanding promotion, such as Tesla car there is no physical store, completely online direct marketing.

The final model of Internet sales will look like this:

Manufacturers wholesale plus profit sellers - buyers to buy goods

Why do bitcoin become the standard for e-commerce? Because global currency control is really a painful thing, Bitcoin naturally breaks through the Internet attributes of foreign exchange control. Global payments with bitcoin, that is really the gospel of the buyer, what buyers want to buy what to buy, bought and take the freight home.

Cheap ah! Really cheap ah! Can be seen from the friends to buy a laptop, really cool people extreme. Not to mention brokers can not cut the wool, that is, the country can not cut the wool! What customs tariffs may have to pay or to pay, but 17% sales tax, haha, I want to go with the door?

The final market is always determined by the relationship between supply and demand. From a buyer's point of view, do you think that the world's electricity suppliers may eventually refuse Bitcoin payments?
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