Bitcoin Forum

I see a lot of people posting about different projects related to ecommerce and how this is the best path to adoption. I agree, using crypto as a currency is the best way to increase adoption, and thus marketcap of the coins. Its in everyones best interest to use and adopt crypto.

I wanted to take the time and come up with a brief list of different services and ways to use/spend crypto.

Great for the average person

Forra.io (http://Forra.io) - A cryptocurrency ecommerce marketplace

Great for business owners

paybear.io (http://paybear.io)


coinpayments.io (http://coinpayments.io)

there is more important than mass adoption by all e-commerce in the world, namely the legality recorded in the government law and protected by law by all countries in the world
with the official legality, mass adoption will occur and it will increase the interest of new and existing bitcoin users who have known bitcoin from the beginning
really hope that this will happen soon, and we can enjoy bitcoin by using it like we use PayPal or other e-Money to make payments

I see a different point of view. The number one way that would happen is if people are using bitcoin and cryptocurrency. THEN governments will adopt it.

the use of bitcoin and cryptocurrency will occur in the real world as a means of payment if the government itself has adjusted it, but what is seen is that some governments still have not legalized bitcoin and crypto

It is the main use of why bitcoin and crypto's were made, to be used as an alternative payment method for these payment processors that gives you days before claiming and the transfer of your money to your bank account.

And it's the major cause why these altcoins are keep on coming, they keep on boasting out on how quick they are, eligible and convenient as a means of payment.

There are several ico projects who claims to provide a new ecosystem for e-commerce and forcing their tokens to be the medium of payment in the platform. But they lack competitive advantage and important relations with users. It's quite hard for them to survive because the old e-commerce platform can simply choose to accept crypto payments. With the advance of LN, Segwit and so on, I believe Bitcoin will be the first choice for merchants, therefore those ICO projects won't go anywhere.

Bitcoin adoption is good. But government adoption is not necessary and it contradicts the goals and objectives of bitcoin as a decentralized technology.
For mass adoption as a currency, the issues of volatility and scalability; lack of it, has to be resolved.
This would propel merchants to accept bitcoin not for it's speculative value, but the ease of making transactions using the blockchain

The final verdict on the best use for Bitcoin is still being discussed and has not been decided yet. Some people seem to think that it is an excellent store of value and that it should rather follow that path. Others share your view and wants it to be an alternative currency to the current fiat system.

I do not have a problem with any of the two options and would prefer that people use Bitcoin in the way that suites their personal needs.   ;)

At some point governments will adopt it. It is superior to fiat paper money.

Anyway to introduce cryptocurrencies to ordinary people is useful. e-commerce area is the best way to reach people. As people start to use cryptocurrencies in their daily life, they will be used to cryptocurrencies and demand from their governments for the acceptance of cryptocurrencies.

I don't think the consumer use case is as important as most people think. At this point, it doesn't make sense for people to buy cryptocurrency just to spend it -- it's extremely volatile and usage is too low to justify interest from merchants.

People should continue using cryptocurrency as they see fit -- as a speculative investment, for P2P payments, for commerce, etc. Merchant adoption will come in time but it will always lag significantly behind user adoption. They don't have a strong incentive to accept Bitcoin payments until consumers demand it.

This needs consumer demands. If I were a businessman I may not want to use bitcoin as payment now. Especially on a tight budget. I don't want to be trapped with the volatility of it. Well if it goes up then that's a different story, then I will invest.

Our part can only be done when the merchants allows us to by accepting coins as payment. On the other hand, as a merchant,  it won't be easy adopting it now as we have bull or bear market, you can only do it with a very stable coin if not,  losses may set in.

If merchants could give good discounts (for example 10-25%) while user pays with cryptocurrency - I think it would attract new users to learn about crypto. But the way from fiat to crypto should be easy also.

Https://forra.io uses stable coins once the item is purchased to ensure that when something sells everyone is guaranteed the proper amount of money.

Given that crypto is entirely digital, e-commerce is the single most effective transaction medium that can facilitate various types of online transactions, especially for all crypto currencies.  For most crypto users the presence of e-commerce's real very helpful for anyone who wants to do a cryptocurrency transaction. However, because the government's ban continues to the present, the community's perspective on the use of cryptocurrencies seems to be more inclined to use it only as a store of value/asset investment.

it sound very interesting seeing lot of crypto asset coming up with project on the ecommerce industry which will  increase the rate of participant in the crypto industry which will definitely lead to mass adoption but irrespective of these great opportunity it offers there are still pending issues that need to be address technically . the major challenge is the issue of insecurity of crypto asset, retailer and institutions are little bit scare about  introducing crypto asset to their online retails shop since the insecurity issue have not fully be address . in my opinion for mass adoption security must be guarantee for participant first before mass adoption

Bitcoin and cryptocurrencies are very volatile and therefore they are poorly suited for eCommerce. Stablecoins are better suited for eCommerce.

Forra allows people to pay in any coin and they then turn those funds into a stablecoin, making it a safe and reliable way to send X amount of USD.

I think you are right. It will be the path to mass adoption

I think there are already countless lists like these, but I'll give my two most favorite stores that accept cryptocurrency payments.

Takeaway.com - Has been accepting Bitcoin for years now. You can order food online in many different European countries.

Overstock - They too have been accepting cryptocurrency for years. They even keep part of their payments in Bitcoin and do not immediately exchange everything into fiat.

Really if you're into cryptocurrency yourself, do everything to support these websites. They are a HUGE support for Bitcoin adoption.
I personally use them every month almost and pay with Bitcoin.

The problem with those solutions is that it doesn't allow YOU the consumer to sell your items. Forra is a way for anyone to sell anything to anyone without fees. These are simply businesses that accept crypto.

It's good to see crypto payment plugins on various shopping sites. When it hits amazon then you know bitcoin has gone mainstream and there is no going back

Sadly there is no option like this in my country and last year when many things were set to launch, the gov put some restriction on crypto-currencies. Now the only way to expend in a eCommerce website is to buy gift cards from third party websites. Which is not that much encouraging for adopting crypto-currencies.

Since there are so many coins and token. E-commerce would be kinda hard to manage without actively maintaining the transaction infrastructure, what if a customer bought something using XXX coin. then XXX coin suddenly drop in value. that would be a serious hit to the business  :-[

Yes the first point of call to the increased adoption rate of Cryptocurrency would be from the e-commerce industry.
When a holder of Cryptocurrency can be able to purchase goods and services using Cryptocurrency and then a potential investor will be able to own Cryptocurrency without having to go through the conventional  rigorous processes.

I think it seems useless when we have to continue to wait for the legality in a country (who doesn't know how long) but the global society massively doesn't know what cryptocurrency is, what bitcoin benefits can give to everyday life needs. and also how can a legality be given when there is no trust built in this context widely adoption the use of bitcoin. and if we see the reality of today, when many countries have accepted the existence of bitcoin or even countries that just let the use of bitcoin but not ban on it, is an opportunity to show that bitcoin is real.

Even bitcoin and other top cryptocurrencies are volatile its seems that they also fitted for ecommerce especially bitcoin which is always use in difference ecommerce. Using ecommerce to implement cryptocurrency is a good way to have massive adoption.

Already quite often there are sites of large commercial stores, where bitcoin or other cryptocurrencies are used as payment currency. Cryptocurrency is gradually being introduced into electronic commerce and this does not even depend on its official regulation in any country.

It is being inserted gradually but only by small markets, large shopkeepers are little adept at cryptos. I think that taking this path would not be the best option for a greater adoption of society.

Part of the beauty of crypto is that no country needs to accept it, only the business owners do.