Author Topic: E-commerce and Bitcoin  (Read 1 times)

Offline administrator

  • Administrator
  • Newbie
  • *****
  • Posts: 35950
    • View Profile
E-commerce and Bitcoin
« on: July 11, 2019, 03:00:12 PM »
WonÂ’t a universal stable coin destroy bitcoin in ecommerce?

Doing Ecommerce in bitcoin or lumens is tough because the value can change drastically.

With a popular enough stablecoin, won't merchants start preferring that over bitcoin?

Once bitcoin is no longer the preferred crypto for ecommerce, won't that erode confidence/the foundation for using it as a store of wealth? And thus it's ability to be digital gold will be undermined?

Bitcoin could be like Yahoo in 1999.

Libra could be Google.