Post
Topic
Board Altcoin Discussion
Re: Too much crypto payment projects but little people accepting crypto payments
by
SirLancelot
on 24/04/2019, 20:22:01 UTC
I believe one of the major setbacks of the present crypto space is a lot of new projects are focused on providing the fastest easiest crypto coin to be used for payment purposes and transactions however considerably lower effort is placed on the vendors who are actually going to be accepting payment in form of cryptocurrencies because what is the use of having a crypto payment card full of money that you cannot spend.

Whitmore payment gateways a inform of PayPal and the likes accepting crypto payments from multiple coins without necessarily issuing their own coin then there will be better adoption of cryptocurrencies by both business owners and customers.
Well, this thing take time and we might have to wait a longer while before we begin to see mass adoption in the crypto space, though we now have a lot of companies that accept crypto, this includes for hotel booking, making purchase of goods and services and also payment for domains and host, I recently heard that a well known bakery “Domino’s Pizza” now accepts bitcoin as a means of payment for purchase of pizza, I believe more to come soon