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Author Topic: Largest Swiss Online Retailer Digitec Galaxus Now Accepts Crypto  (Read 256 times)
davis196
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March 21, 2019, 01:12:37 PM
 #21

When big online retailers accept bitcoin,that's great,but when they decide to create their own coin/token,that's not so great.The Rakuten coin and the Trading Zone coin are going to be nothing more than centralized tokens,fooling the noobs that those companies are "crypto-friendly","innovative" and "cool"... Sad
What's the point of creating their own tokens,when they could easily adopt bitcoin.I guess they would want to manipulate the price of their company "coins" in the future.

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March 21, 2019, 06:05:25 PM
 #22

<...>
I've searched around, and Rakuten seems to have two things in mind concerning Crypto:

a-   Creare Rakuten Coin
https://bravenewcoin.com/insights/japanese-e-commerce-giant-to-buy-cryptocurrency-exchange
Quote
The Rakuten Coin initiative, which converts reward points into tokens using blockchain technology, is also underway.

Seems therefore to be related with the fidelity program, although in older articles the aim seemed higher and more universal.


b-   Integrate cryptocurrency (Bitcoin and perhaps others) as a payment means into their platform:
https://toshitimes.com/the-japanese-version-of-amazon-might-soon-accept-cryptocurrencies/
https://www.investinblockchain.com/rakuten-soon-to-accept-crypto/

Not confirmed, but reading between lines and viewing Rakuten reports seems to hint this.
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