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Re: Something like ebay, but with crypto payment
by
virasog
on 20/08/2023, 18:00:13 UTC
Hi guys,
Do you know if exist something like ebay, but based on crypto?

-   I just want to ask you mate, what are you planning to buy on eBay? I wonder if these are bitcoin miners? bitcoin collectible coins, Ledger nano, what mate?


I see another aspect of this query too. Maybe he and many people want to know if there are any big stores like eBay that accept crypto payments etc ? Is their stores like Amazon but accepting bitcoin? I don't think any store of that scale exists that accept crypto.

Either these stores like eBay and Amazon start to accept Bitcoin payment directly or we need new big stores where Bitcoin payment is accessible. This may not only ease the online shopping for many people worldwide and will also act as a source of Bitcoin adoption globally.
At the moment, all stores that accept bitcoin as payment are small and with a rather limited range of goods, which are very far from the scale of ebay. The search for OP "something like ebay, but based on crypto" is currently doomed to failure, if we talk about the abundance of sellers and goods.

Amazone and eBay will not allow other online stores to grow to their level, therefore, trying to wait for the appearance of a large store that accepts bitcoin as payment may not be feasible.

Acceptance of Amazone and eBay as a means of payment in bitcoin depends on the legal status of btc in the United States, since these online stores are under the jurisdiction of this country. Undoubtedly, adding bitcoin to these stores would be a very powerful push for global adoption, as btc would then be used directly for its intended purpose by the millions of users of these online stores around the world.

I don't see eBay or Amazon accepting crypto payments anytime soon and also I don't see any new store accepting crypto that can become as big as Amazon in a few months or so.

However, let's focus on the number of small stores accepting crypto and Bitcoin as payment methods. If there are a lot of such stores and having good volume of buyers, then I am sure that it will put pressure on big companies like eBay to introduce crypto payments else they will lose customers who are willing to pay only in bitcoins and cryptocurrencies.