New Idea: easy Payment with all Altcoins

[Nitmeare]

Hi,

Most companies who accept crypto coins only accept Bitcoin as payment. If i want to pay for webhosting, VPN, Goods and so on i have to go to an exchange to convert my doge, worldcoin, litcoin and so on to BTC for payment. This costs me to much time and fees.

So i have developed an idea how this could be done much more efficiently by creating a payment proxy for Bitcoin payment services like bitpay. So i just need to paste in my bitpay BTC payment adress on this payment proxy and in return the proxy gives me a Doge adress and the amount of doge i have to pay, or any other Altcoin wich is then automaticaly convertet into BTC and send to bitpay for payment. This way it will be very easy to pay in BTC using all altcoins.

Using the APIs from the big exchanges like cryptsy it should be not to difficult to implement such a multi coin payment service i think.

What do you think abouth my idea ?

[qwerty1231121]

I like it.

[hvezdasmrti]

This idea is horrible. Giving any real value to altcoins will make the market chaotic and difficult and it will have only one impact - global decline of cryptocoins in general. One bitcoin, One crypto, One fuhrer.

However its a good challenge for bitcoin 2.0 developers, united coin running over all crapcoins and bitcoins may solve that. NEM devs?Listening?

[usahero]

Real value to alt coins is given by people who buy and sell them. Idea is good. But there is big gap between idea and working application. good luck to those who will create the solution first.

[delphs]

Coinpayments.net it great way to accept multiple alt...

I use it to have a crypto alternative to my indiegogo campain. look at this example, click on of the the reward and you'll see the mechanic.

thedivorcemovie.com/crypto-donations.html

[hypes]

i like the idea, but instead of the retailer accepting bitcoins, it could be just a general crytocoin adapter

[chinabreak123]

sounds good
but btc is  the only one

[tbitt]

Wouldn't that make nice fast coin as slow as bitcoin?

[Nitmeare]

Given the fact that new strong national altcoins are emerging, Spain Coin, Aurora Coin (i think others will follow) an international multi coin payment service might become more and more interesting for many people.