What the majority of people think when they hear talking about “mass adoption” Paypal accepting Bitcoin Tesla accepting Bitcoin Tesla rejecting Bitcoin because of its polluting power Tesla accepting Bitcoin again Facebook launching Libra Facebook sued for trying to launch Libra
It’s just a mess. And you should not mess with big players. Furthermore, mass adoption represent a concept, a way of thinking.
All those events may help the spread of cryptocurrency use, but the real capillarity will be reached when more and more shops will accept cryptocurrencies as a form of payment. And by saying “shops”, I precisely intend every kind of commercial activity, entrepreneurial activity and e-commerce. The real mass adoption will come only once all the people will be able to accept cryptos into their activity.
Why accepting cryptocurrencies may be such an innovation for merchants?
At first, it represent an innovation in terms of payment, accepting a new form of money.
Volatility of cryptocurrencies is not necessarily a fallback.
Accepting cryptocurrencies as a form of payment will reduce bank charges, especially when dealing with international and intercurrency businesses. A few years ago I experienced a bank charge of 200$ for a wire transfer. Could you bet?
For some years, entrepreneurs accepting cryptos will be innovators and perceived as open-minded.
Cryptocurrencies can represent a store of value for the Company accepting them, creating a limited fund storage, that will be kept in cryptocurrencies.
Great Mike, you are telling very nice things.
BUT, where can we find such activities?
I know. I know. You cannot expect a comet guiding you to crypto-merchants like the myth is telling about the Three Kings on the 6th January of a bunch of years ago.
You know, having a comet for each crypto-merchant would make the sky very crowded and during the day I am not sure you would be able to see the comets.
Anyway, a map has been created to point customers’ attention to merchants that accepts cryptocurrency, both in the form of online payments AND Point of Sale.
You can find the map at www.coinmap.org 
So, don’t you know where to go to have a good coffee in Milan? You should look for crypto accepting café, so you will be sure that during your coffee you will have the chance of a wise chat!
Did you know about this functionality?
Have you already spent some cryptos to purchase a service?
Let me know in the comments how it felt!
I own a small e-commerce business here in the UK, and although I'd be keen to take crypto-payments, I have held off so far. There are two reasons for this.
First, the demographic of my customer base tends to be quite resistant to change. Many of them are the kind of people who think crypto is only used by drug dealers and cyber-criminals, so it's going to take quite a lot of effort and time to educate them otherwise.
Second is that I have yet to find a plugin for our website platform (WooCommerce) which ticks all the boxes for us. They are either very clunky to use (and I really do want something fully automated and seamless), or have additional fees on top of actual gas which mean they end up being more expensive that traditional card processors. Hopefully this will change in due course.
At first, thanks for telling us where you are based. It's nice to associate a living place to "avatars". For now, I am based in Northern Italy.
About customers, yes, it depends onto your customer base and how much "perceive innovation" can be brought to them. Currently I am close to some companies willing to use cryptos but they have specific purposes: some of them are B2B with international suppliers/customers others are in the tech field. So, there are some business areas that are readier for this innovation.
About the second point, I am currently working with a niche provider that supports Europe. I am getting info if they support UK as well.
But the price rate is volatile.
If a company is receiving cryptos, volatility is a risk that should not be on the company's head. That is why a protocol for conversions is required or an improved gateway processor to make it automatically.
Sounds fair enough
Great website! It's totally new to me. I've never used cryptos to purchase services at the moment. But i have my Binance Card and i'm in WL for the Ledger Card. I think that Ledger Card will help the future "mass adoption", because they have a lot of customers at the moment.
I heard about the Ledger Card and I made the choice of not pursuing it.
--> Ledger is a wallet and the card can be a potential gateway that weakens the structures.
--> Ledger is a wallet to teach people how to make their own caveau. Using it will create two risks: wrong money management of reserves, making many people know that that guy has a Ledger. So you caveau will not be secret any more.
I hope this makes sense to you
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