Quote from: Lalafell on October 03, 2019, 11:37:16 PM

Quote from: DavidMott on August 08, 2019, 06:57:55 PM

So, looks like Walmart are joining the token market. Keen to know your opinions on how this will impact Bitcoin and the Cryptocurrency e-commerce space?

Walmart announced that it applied for a cryptocurrency patent and, predictably, the cryptopress began speculating about the giant retailers plans and intentions.Walmart tends to become an ecosystem payment mechanism and bank the unbanked. Why Walmart Wants a Cryptocurrency? Banking the unbanked, payroll, and to eliminate credit cards. There are two primary reasons why Walmart wants a cryptocurrency: 1) Reduce interchange fees, and 2) Enhance cross-border remittances.

With that being said, it only shows the benefits of having crypto within their system. I seriously think that this will push thru as they already identify the benefits it will have to their operations as well as to their customers. This only proves that if crypto is utilized properly, it will create a good impact to the business. The management will not think of it if they don't see any potential of using it. I hope we will see more of these established businesses integrating crypto within their system.