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RE: How to Get Stores To Accept Steemit Payments

in #steemit7 years ago

First of all, great blogpost. I think thats the right perspective to spread steemit. Second i do believe that others will do part of the work for steemit. So the blockchain gets accepted and adopted, so does bitcoin. Let them do the infrastructure and built upon it.

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Thanks @steemboys! I agree with you. A lot of these other currencies are helping to promote the blockchain technology.

Part of what I am thinking about too, is where steemit sits in the pecking order among the top cryptocurrencies. If it was able to lead the pack in developing the technology for purchases, I think it would put the currency into the top 3 or top 5 in terms of valuation. And that difference could mean a difference in billions in terms of the valuation (in 5-10 years).

Makes sense. A multi item platform like Open Bazaar might be convinced to let the Steemit community purchase goods on its platform if the right integration between the shopping cart and the crypto exchange is available.
Come to think of it , isn't just a matter of getting Steem into Bitcoin and then switching to fiat? Guess Shapeshift can't do this because of fiat on the back end.
Anyway, here is an encouraging article: https://news.bitcoin.com/japan-bic-camera-starts-accepting-bitcoin/

I agree, it would probably be doable for a platform like Open Bazaar. It would be great if it was possible to take it completely out of the cryptocurrency world and into regular stores though.

That is an encouraging article!