"In 5 or 10 years I think every online retailer will accept Bitcoin." -Gavin

[colinistheman]

"In 5 or 10 years I think every online retailer will accept Bitcoin." - Gavin Andresen

https://youtu.be/iQ2TOFIgvis

Awesome 15 second quote from Gavin during this New York Public Library discussion on May 19, 2015.

[LFC_Bitcoin]

"In 5 or 10 years I think every online retailer will accept Bitcoin." - Gavin Andresen

https://youtu.be/iQ2TOFIgvis

Awesome 15 second quote from Gavin during this New York Public Library discussion on May 19, 2015.

Music to my ears Colin.
Thanks for that, when Gavin speaks people listen.
If even 25% of online retailers accept bitcoin in 5-10 years we'll be laughing.
Just going to have a quick look at the link now - thanks for sharing.

[Amph]

so we can assume that we need at least two halving, and that the coming one is not enough, it make sense seeing how the price is still crippled

[rjclarke2000]

This is a good thing to hear. I hope he is right and that we can get past each obstacle between now and then.

[jaberwock]

like Satoshi said(not exactly):

in 5 or 10 years either the vast mojority of retailers will accept Bitcoin or none will accept it

[NyeFe]

like Satoshi said(not exactly):

in 5 or 10 years either the vast mojority of retailers will accept Bitcoin or none will accept it

Hopefully it'll be the first option. Look at where we are 7 years ahead.

[okae]

"In 5 or 10 years I think every online retailer will accept Bitcoin." - Gavin Andresen

https://youtu.be/iQ2TOFIgvis

Awesome 15 second quote from Gavin during this New York Public Library discussion on May 19, 2015.

well, thats exactly whay all of us are thinking, yes? or at least thats our hope, if not,  what are we doing here?

If even 25% of online retailers accept bitcoin in 5-10 years we'll be laughing.

exactly, we dont need that every online retailer accept Bitcoin to be happy

[newcripto]

"In 5 or 10 years I think every online retailer will accept Bitcoin." - Gavin Andresen

https://youtu.be/iQ2TOFIgvis

Awesome 15 second quote from Gavin during this New York Public Library discussion on May 19, 2015.

My honest opinion is this yes in next 5 years and onwards Bitcoin will be accepted by most of the online retailers.For better understanding we can watch the adoption of Bitcoin in last 6 months and can predict where it will be in future.

[Honeybooboo]

Well I'd love to hope so, but let's remember his opinion is obviously biased. I can't see any reason why online retailers won't accept bitcoin as it cost them nothing to do so and can only bring them in money, but we all know merchants and the general public don't always listen to logic.

[GambitBTC]

I'm skeptical that Bitcoin will ever be taken serious as a currency.
The tech is what's valuable

[gogxmagog]

retailers can accept it no problem, will consumers use it?
I certainly hope so. How much of a percentage of online transactions would BTC need to move the price?

[Meuh6879]

Well, it's like Paypal now ... 70% of all seller in the world accept this ... with a "hell" of fee and chargeback.

So, when sellers realise that Bitcoin ... have nos fees and NO CHARGEBACK, the world change.
We, the bitcoiners, are like Eobard Tharwe in Flash Serie.

We look the world with a winning view (after the sellers accept bitcoin massivly).


and it's good.


6300 nodes of bitcoin do this at this time.

[MakingMoneyHoney]

Well, it's like Paypal now ... 70% of all seller in the world accept this ... with a "hell" of fee and chargeback.

So, when sellers realise that Bitcoin ... have nos fees and NO CHARGEBACK, the world change.
We, the bitcoiners, are like Eobard Tharwe in Flash Serie.

We look the world with a winning view (after the sellers accept bitcoin massivly).


and it's good.


6300 nodes of bitcoin do this at this time.

Of course sellers should be taking Bitcoin. But you need to move the buyers to use Bitcoin and to accept the fact that they don't have protection from scams. I love to take Bitcoin, but to pay someone in Bitcoin, you need a little trust that you're going to get what you paid for.

Paypal is good for buyers on eBay; Bitcoin may not be.

[dothebeats]

Eh, even if all the online retailer in the internet started accepting bitcoin, how about the buying side? If consumers won't start buying things online with their bitcoins, you can't expect anything to happen massively. Surely the economy of bitcoin will expand because of the retailers, but it isn't enough without the buying support from the consumers. In 5 to 10 years, it is basically all or nothing for bitcoin.

[DigiByte]

Two - three years max. Change is happening fast. #singularity

[victoryboy]

From this year onwards Bitcoin will be welcomed and become very popular and we will see dramatic increase of bitcoin's use by common people.Everyday we hear something new about bitcoin's adoption and its tech.Things will move very fast just in months not in years.

[Meuh6879]

Paypal is good for buyers on eBay; Bitcoin may not be.

right.

that why bitcoin is a perfect choice ... for food, supermarket ... and other face-to-face product (like in little market).

[nvaler]

nice!!! no more WU? Moneygram? other Remittances? hahaha

and banks...bye bye banks

[Ruthful]

Paypal is good for buyers on eBay; Bitcoin may not be.

right.

that why bitcoin is a perfect choice ... for food, supermarket ... and other face-to-face product (like in little market).

The transaction time is actually a hindrance to that.The transaction fee also makes it unattractive for small purchases, especially when conversion favours the local currency(like in my case).

[kwukduck]

"Assuming no major crisis in bitcoin"...

The delusion in this guy is strong.