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I'm very curious how much bitcoin traffic "normal" businesses actually see. (You know, non-bitcoin, non-privacy companies selling mundane products.) I suspect
by IvyMike 13y ago
I'm very curious how much bitcoin traffic "normal" businesses actually see. (You know, non-bitcoin, non-privacy companies selling mundane products.)
I suspect very little since everyone I know who talks about bitcoin is holding but maybe one of you out there has actual numbers.
- dangrossman 13y agoI still run a few eCommerce stores in various niches that take 5-15 orders a day. Not high volume, but still active. They mostly have the same checkout flow, with a credit card payment form, alongside "Pay with PayPal" and "Check out with Amazon" buttons on the side, which do get used frequently. I added a "Pay with Bitcoin" button from Coinbase under those several months ago, and a grand total of one person has ever used it, and that person spent about $2 on the cheapest thing I sell.
- sireat 13y agoI'll give you buyer's side. When BTC was over $1000 I was buying things left and right (Namecheap, Gyft etc etc). Now that BTC is hovering around $400-600 I am in a holding pattern. As top post alludes it is very hard for someone new to BTC to buy BTC in a reasonable manner without expensive surcharges. Mass adoption will not happen until someone comes up with a clever solution to this.