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RE: Soon You Can Accept or Make Payment with STEEM Anywhere
This sounds great for all the people who are into cryptos.. but do you really think many businesses would be willing to adopt the system? I know big corporations might, but what about the small businesses who have 0 knowledge of cryptos? I think it will take time and a lot of effort to get more people into the loop and prepare them for this
The same thing was said about the internet. Those that slept went the way of the dinosaurs. In this ever changing world if you run a business you need to be up on technology.
This system is actually amazing because it appears to be a layer 3 tech, layer 2 being the bitshares dex and layer 1 being the actual coins' blockchain. This is how scaling is done.
I totally agree, but it isn't that easy to get into cryptos and such for average people. I think that the ones who can get the most out of this system are big corporation while most smaller businesses will struggle to adapt. Just an opinion from somebody who is trying to educate himself on this stuff :)
I think they younger generations' businesses will adopt it faster than bigger corporations.
Having said that, I am in my mid 40's and I am looking for a solution like this so I'm not having to use 5 different wallets depending on who want's to pay with what. My businesses are very small, 2 person's each. Other than my own anecdote I don't know how to address your concerns other than to say sink or swim.
I said in another I had missed an important part: they convert your coins to your local currency instantly.. now I feel like an idio but hey gotta learn the hard way sometimes ;) thanks for the discussion!
so much negativism
It seems like everything around crypto that does not involve lambos is seen as negative.. i wasn't trying to be... all I am saying is that your average Joe running a business and his average customers do not know enough about cryptos to be using such a service. It is a great idea but we need to invest in making it easier for people to educate themselves on cryptos and all the related benifits/services.
why would they NEED to know anything about crypto to use that card?
do they understand the intricasies of master card and visa...yet they use them
some even use paypal and American Express...do you think they understand the nuts and bolts of those?
You do have a point and I had missed the fact that they instantly convert your coins to the local currency which makes it much more attractive in the short term. I am completely new to all of this and trying to learn so thanks for the chat, it helped!
You're welcome. I have something called the 'shift card'...a type of Visa debit card.
it debits my crypto account at the point of sale.
works just fine ..no one would know I'm paying in bitcoin unless I told them..
but it's a visa card..
thanks for stopping by @everittdmickey, I never heard of 'shift card' going to look that up now
even so there will be ambassadors on the ground helping retailers