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Author Topic: Made a video on why every company will start accepting Bitcoin and other crypto  (Read 716 times)
thetimeisnow001 (OP)
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January 27, 2015, 04:01:00 AM
 #1

Here's a link to the video: https://www.youtube.com/watch?v=zU67_4I45kQ

Let me know what you think, and thanks for checking it out!
mkc
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January 27, 2015, 04:06:55 AM
 #2

I watched the video,i think it is good. Great work.
KizerWilhelm
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January 27, 2015, 12:43:26 PM
 #3

Very well explained. Its true that merchants stand to benefit the most.
I know the dollar stores are struggling with the cost of processing payments.
Perhaps this will help them?
BitCoinNutJob
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January 27, 2015, 12:50:12 PM
 #4

Here's a link to the video: https://www.youtube.com/watch?v=zU67_4I45kQ

Let me know what you think, and thanks for checking it out!

Good video, agree on points, dont forget litecoin adoption is 2nd in the queue Smiley

Merchants dont like chargebacks, consumers want reversible transactions. 
pereira4
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January 27, 2015, 04:20:42 PM
 #5

Here's a link to the video: https://www.youtube.com/watch?v=zU67_4I45kQ

Let me know what you think, and thanks for checking it out!

Good video, agree on points, dont forget litecoin adoption is 2nd in the queue Smiley

Merchants dont like chargebacks, consumers want reversible transactions. 

So how do you solve the reversible transaction thing? Afaik its not doable..
BitCoinNutJob
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January 27, 2015, 04:56:50 PM
 #6

Here's a link to the video: https://www.youtube.com/watch?v=zU67_4I45kQ

Let me know what you think, and thanks for checking it out!

Good video, agree on points, dont forget litecoin adoption is 2nd in the queue Smiley

Merchants dont like chargebacks, consumers want reversible transactions.  

So how do you solve the reversible transaction thing? Afaik its not doable..

Have bitcoin as the background mechanism with some kind of user friendly/merchant friendly platform built on top.... idk im just guessing, sounds like a job for paypal.
thetimeisnow001 (OP)
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January 27, 2015, 11:47:01 PM
 #7

Here's a link to the video: https://www.youtube.com/watch?v=zU67_4I45kQ

Let me know what you think, and thanks for checking it out!

Good video, agree on points, dont forget litecoin adoption is 2nd in the queue Smiley

Merchants dont like chargebacks, consumers want reversible transactions.  

So how do you solve the reversible transaction thing? Afaik its not doable..

Have bitcoin as the background mechanism with some kind of user friendly/merchant friendly platform built on top.... idk im just guessing, sounds like a job for paypal.

yeah I agree, or perhaps major credit card companies will adapt to this role (at least the ones that want to survive). My guess is they will be picky on who they service to make sure they are working with legitimate consumers with low chargeback type activity and they'll back these consumers themselves. They'll charge the merchant maybe 1% instead of the current 3%, but consumers will want to use them because of the protection.

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