Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Zed0X on January 31, 2019, 10:31:44 AM
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One way to increase the popularity and use cases of cryptocurrency is to ask your local shops or grocery store owners if they accept crypto as payment instead of just waiting. If you happen to be renting a space, you can even request that to your landlord just like what these renters are doing, story at https://www.bisnow.com/new-york/news/multifamily/cryptocurrency-offers-attractive-payment-options-to-a-new-generation-of-renters-93817
From this 2018 article:
"Our buyer has evolved, they've moved from mom and pops to young people who want to pay with various forms of payment," Magnum Real Estate Group President Ben Shaoul said to CNBC. "Cryptocurrency is something that has been asked of us — 'Can you take cryptocurrency? Can we pay that way?' — and of course when somebody wants to pay you with a different form of payment, you're going to try to work with them and give them what they want, especially in a very busy real estate market."
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It's a good idea because without a big spread in the whole world community crypto can't rise because actually it's accepted as method of payments in very few places.
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I doubt they'll use it because crypto is very volatile. But they can use coinspayment or other payments processor though, as long as they can exchange crypto to fiat immediately (unless they're fine accepting it and then store it for a long time).
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One way to increase the popularity and use cases of cryptocurrency is to ask your local shops or grocery store owners if they accept crypto as payment instead of just waiting. If you happen to be renting a space, you can even request that to your landlord just like what these renters are doing, story at https://www.bisnow.com/new-york/news/multifamily/cryptocurrency-offers-attractive-payment-options-to-a-new-generation-of-renters-93817
From this 2018 article:
"Our buyer has evolved, they've moved from mom and pops to young people who want to pay with various forms of payment," Magnum Real Estate Group President Ben Shaoul said to CNBC. "Cryptocurrency is something that has been asked of us — 'Can you take cryptocurrency? Can we pay that way?' — and of course when somebody wants to pay you with a different form of payment, you're going to try to work with them and give them what they want, especially in a very busy real estate market."
When you are able to offer something your competitor cannot you will definitely have an edge. What i see is that if more vendors are actively transacting cryptocurrency this is a good news for crypto space.
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Is that true?
Well, s far, there are probably some companies that may apply this kind of system, however they haven't worked yet/ If this news is true and reliable or fact, I think that it may be a good step forward of crypto world. however, we must also think about this possibility that can influence the market value of the crypto.
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Crypto does not have a fixed price, the idea of crypto payment is very good for online stores and every country still prohibits crypto use because it can reduce the country's foreign exchange when there is an exchange between fiat money from different countries. I support the crypto payment system and hope all countries will receive it next year.
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The concept is good and that what we should all do but it is not as easy as just asking them to do so, we need to offer ease of use solutions and incentives that will encourage them to use Crypto, we need to understand that no one will just change the way he deals unless he/she finds some benefits in it for him/her.
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This is a very good move. In the near future, all stores will accept cryptocurrency. I also plan to open my store. I am in Belarus and, thank God, our country is loyal to cryptocurrency, I hope we will soon be allowed to accept transfers.
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That was a good step. It maybe small but it is going to help promote cryptocurrencies. I will try this approach too.