Should All Ecommerce Sites Accept Bitcoins?

Should All Ecommerce Sites Accept Bitcoins?

Despite major investments by financial giants, and the latest hype around blockchains, for many the world of bitcoins are still notorious with the darker sides of the internet. Namely drug dealing and terrorism, or are simply thought to be the stuff of sci-fi fantasies. Recently, the financial industry has collectively increased their interest for blockchain technology, the ledger that makes up the foundation of bitcoins, and reduces trading costs.

With big time players like Schroders and Aberdeen Asset Management taking the lead, this could suggest that the rise of blockchain technology will transform Bitcoin’s reputation, bringing bitcoins into mainstream businesses. After all, 2015 saw some of the biggest financial companies in the world like American Express and Visa, invest in Bitcoin startups. Looks like bitcoins may become more prevalent on ecommerce sites used for everyday transactions in 2016.

What are the Benefits for Ecommerce Businesses?

Venture capitalist Tim Draper, who has invested in Bitcoin startups states, “2016 should be a revealing year for Bitcoin. I expect the U.S government

Read more ... source: TheBitcoinNews

News from Darknet


Read previous post:
Hospital Back To Normal After Hackers Paid Off With $17000 In Bitcoin

(Photo by Alexander Kirch via Shutterstock) A Hollywood hospital is back up and running after it paid off its hackers...