7 Reasons Why North Queensland Merchants Only Accept Bitcoin Cash BCH

Many merchants in North Queensland are choosing to accept only Bitcoin Cash. North Queensland is also seeing the appearance of Bitcoin Cash only ATMs. As these merchants are well informed and well organized, why are they choosing to concentrate on Bitcoin Cash BCH for their electronic commerce needs? Here are a few points that I have garnered to help explain their approach:

1. Bitcoin Cash is designed from the Genesis block to be a peer-to-peer electronic cash system and thus excels at electronic commerce. By simply choosing to only support BCH, the merchants are not giving up any real capability.
2. The merchant's customer-payment-experience is greatly influenced by the ease & speed of the exchange. As Bitcoin Cash has a fast 0-conf payment capability, merchants jeopardize this speed advantage when supporting other cryptos.
3. Given the large numbers of cryptos and typically their low usage frequency, the merchant is not gaining a proportional benefit for the added cost, complexity and training needed for their support.
4. It is logical that visitors to North Queensland convert their BTC, LTC etc., to BCH once rather than incumber every point-of-sale system with an extra step and complication of choosing a crypto with each payment.
5. There are excellent online services readily available to the tourist to convert their BTC, LTC etc., to BCH for use during their visit to North Queensland.
6. Concentrating on just Bitcoin Cash BCH allows the North Queensland merchant groups to eliminate a large amount of customer confusion and more easily provide technical support for their merchant members.
7. Concentrating on just Bitcoin Cash BCH greatly increases the efficiency of any promotion and even the promotion of North Queensland itself as a Bitcoin Cash friendly tourist destination.

The proof of the approach is open for the world to see. North Queensland has the highest per capita bricks-and-mortar merchant adoption in the world.

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submitted by /u/where-is-satoshi
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source https://www.reddit.com/r/btc/comments/9fzl2s/7_reasons_why_north_queensland_merchants_only/