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
https://validators.comAll three of these are true and need to be realized for the sake of sustainability and success the future of cryptocurrency, by increasing the adoption of crypto wallets perhaps at least able to solve the problem of mass adoption.
With standard protocols, at least this will not make it difficult for users to transact, as well as standardize various activities related to the payment process, such as purchase agreements, purchase receipts, and payments.
There is one point and should remark:
3) Store owners need a merchant app to receive payment with further integration into multiple accounting systems.
¿Why is not so common to find stores/shops whit BTC payment gateway? Its like VISA, MASTERCARD...increasing the ways a client could use to pay should not be a bad idea for any store/shop.
You are right, I agree with your opinion.
I'm very optimistic in this way seemed to be able to trigger mass adoption and foster people's interest in bitcoin as well as other cryptocurrencies, as most people including myself believe that cryptocurrency can be used as a currency.