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Jemma · Mitglied Beiträge: 174

On the surface, yesterday could have been a good day for Bitcoiners across the globe.First, Digitec and Galaxus – one of Switzerland’s biggest retailers – announced it would accept payments in a host of cryptocurrencies including Bitcoin, Bitcoin Cash, Ethereum, Ripple, and Litecoin.Then, Avnet, credited with being one of the world’s largest distributors of electronic components, said it would enable cryptocurrency payments thanks to a partnership with payment processor BitPay.

Travis · Mitglied Beiträge: 153

US-based Avnet claims it’s already received “several multi-million-dollar cryptocurrency transactions within the first month of accepting Bitcoin,” but undoubtedly this will pale in significance when compared to fiat payments.

selmajdanield · Mitglied Beiträge: 52

Zitat: Travis

US-based Avnet claims it’s already received “several multi-million-dollar cryptocurrency transactions within the first month of accepting Bitcoin,” but undoubtedly this will pale in significance when compared to fiat payments.

Some may argue that large businesses jumping on the Bitcoin payments bandwagon is good for adoption, but I struggle to see any sizeable change in the way the cryptocurrency is used in the real-world.

Jemma · Mitglied Beiträge: 174

Stripe sent cryptocurrency supporters into a frenzy when it started accepting Bitcoin payments in the same year, but stopped doing so in January 2018, citing the network’s scalability issue and the resulting decrease in customer’s willingness to pay using the digital currency.

Travis · Mitglied Beiträge: 153

Zitat: Jemma

Stripe sent cryptocurrency supporters into a frenzy when it started accepting Bitcoin payments in the same year, but stopped doing so in January 2018, citing the network’s scalability issue and the resulting decrease in customer’s willingness to pay using the digital currency.

Cryptocurrency enthusiasts also rejoiced when Valve’s games distribution platform Steam began accepting Bitcoin in 2016. The joy was shortlived, though, as Steam announced it would stop taking Bitcoin payments in late 2017, due to due to “[its] high fees and volatility” in price.

selmajdanield · Mitglied Beiträge: 52

For the most part, it could be argued that many of these companies simply accept cryptocurrency payments to seem outwardly innovative, attract an untapped customer base in a bid to improve their bottom line, or to appease persistent bagholders desperately seeking to spend their coins.

occupiersubsidize · Mitglied Beiträge: 48

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