Post
Topic
Board Bitcoin Discussion
Re: My Online Shopping Exp. With Bitcoin – Faster, Cheaper Than Visa, Paypal
by
joebrook
on 21/03/2018, 15:14:34 UTC
Hi all i just wanted to share my experience recently using bitcoin since the implementation of SegWit, i went online shopping and when i proceeded to the checkout of clothing store Marbek i selected Coinbase as Payment method. I was presently surprised at how fast bitcoin was and how the whole process was overall. https://www.cointrust.com/news/my-online-shopping-exp-with-bitcoin-faster-cheaper-than-visa-paypal

It is great to buy things with bitcoin but many merchants are just negative to accept bitcoin due to its volatility. During the last great price drop from 20k$ to 6k$ many merchants have suffered from huge losses due to the price drop. And that is why the number or merchants have decreased and even huge businesses online have started to decline the use of bitcoin due to their losses.
It's because of the volatility that's why they are so reluctant to accept it as  payment methods and i believe that it is going to be resolved in due time since it's a very new market and maybe some regulation will help with it's volatility as well.