Post
Topic
Board Bitcoin Discussion
Re: On merchants not willing to accept crypto
by
deisik
on 06/02/2019, 18:41:51 UTC
You want to say that there is no demand no supply? Yeah, you can really spend bitcoin to buy ticket, book hotel, even football player was bought with bitcoin and if I remember correctly, one club was sold in bitcoins or something similar. But why just merchants can't integrate it? If nothing, they won't be in loss with this additional payment way. Maybe there isn't really demand but everyone here talks that they want it, in reality no one does anything to get what they want

So what is the real reason they want to integrate the blockchain payment system? won't it even disrupt the previous ecosystem that is already just works well like a charm. After those merchants integrated with bitcoin, Which one get the real benefits with this system ?
People when it goes up and no one when this goes down?

Why should it necessarily disrupt the previous ecosystem?

Technically, the two systems, i.e. a payment system based on Bitcoin and a legacy payment system based on fiat are not disrupting each other in any way. You, as a merchant, can integrate Bitcoin into your shop in addition to whatever you might already be using, and the two will live peacefully together. If anything, it gives consumers more choice provided they are actually going to consummate that choice (i.e. pay with crypto)