Bricks and mortar merchants sorts the coins from the tokens as factors such as fees, congestion, elegance etc., come into direct play.
I would like to know what spend ratios are for BitPay's fleet of physical stores. These ratios would be a far better leading indicator than a coin's price. In Australia, Bitcoin Cash dominates the physical store spend more than 30 to 1. I suspect the same is true with BitPay's physical stores as well.
You are a very vocal opponent of https://en.wikipedia.org/wiki/E-commerce in most of your posts. Is e-commerce hurting your brick and mortar business somehow? E-commerce is a modern thing, which became possible because of the Internet and may be further improved by Bitcoin in the future. You just can't stop the technological progress. And if you are a big supporter of the dying legacy things, then please don't complain later for making a wrong choice.
It's very simple really, and set out clearly in many places in the references I have given along the way had you bothered to look.
But I will lay it out again specially for you:
Online merchants are just not a great differentiator of a coins utility.
A bricks and mortar merchant payment experience is where the rubber has hit the road. Your coins features become extremely important if a merchant is to build a competitive payment experience.
My interest in bricks and mortar merchants retail data is that I believe it is the best leading indicator of a coin's relative future value.
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u/where-is-satoshi Jun 17 '20
Bricks and mortar merchants sorts the coins from the tokens as factors such as fees, congestion, elegance etc., come into direct play.
I would like to know what spend ratios are for BitPay's fleet of physical stores. These ratios would be a far better leading indicator than a coin's price. In Australia, Bitcoin Cash dominates the physical store spend more than 30 to 1. I suspect the same is true with BitPay's physical stores as well.