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Author Topic: Making crypto succeed in the real world?  (Read 629 times)

Offline nagamerah

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Making crypto succeed in the real world?
« on: October 14, 2018, 06:19:45 AM »
Hi, I would love to hear your input on this.

As I see it, we need crypto wallets installed on every phone possible to ensure the readiness of everyday payment with crypto assets. Once customers are ready to pay, the stores will follow.

At least three things needs to happen:

1) Adoption of crypto wallets needs to increase (preferable with pre-funded assets)
2) Each wallet provider needs to agree on a standard protocol for payment (Maybe Payment Request API (W3))?
3) Store owners need a merchant app to receive payment with further integration into multiple accounting systems.

Have you seen anyone doing this?
Do we need a wallet alliance that can stipulate a standard?
What else needs to happen besides regulation?

Best crypto greetings,
Vindberg
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Making crypto succeed in the real world?
« on: October 14, 2018, 06:19:45 AM »

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Offline nagamerah

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Re: Making crypto succeed in the real world?
« Reply #1 on: October 14, 2018, 06:22:38 AM »
I think we are not arriving at that stage yet, at this time we still struggle with the government regulation and how to make bitcoin to be mass adopted so the price fluctuations could be controlled, how to create a fast and cheap transaction, many stores complained that the btc price is too fluctuate and they can't predicted their profit and if the price fluctuate too much its very inconvenient for them to accept crypto, when this thing could be settled then we will enter the infrastructure stage which is the wifi and the wallet setting
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