Crypto has gotten so popular in the last couple of years, and yes this is all good news, yet it is still constrained to investors who use it as an investing leveraging, few are those that are buying physical goods with it.
This could be caused by the limitations of crypto itself like transaction speed and scalability, but we all know the real issue to be that many vendors do not offer users the ability to buy with crypto.
So why is that? Why is it that many retailers still abstain from allowing users crypto transactions? Well, the main issue is that for starters crypto is laden with risk as of now, plus the means for adoption have not fully been introduced.
Thankfully, there are many projects working on fixing this issue, such as the work being put in by Exeno, trying to make crypto a usable medium for e-commerce, and more importantly, literally bringing crypto to life. Giving users the ability not just to buy, but to actually use it to purchase real goods in real life.
This is rare and unprecedented, and this next move means that other people will be working on it as well. Especially now as the lightning network is being rolled out on multiple platforms.
This could be the next step we need for Bitcoin to become an entity in web and e-commerce. Other projects have tried introducing crypto as an e-commerce value such as exeno, but the growth of Bitcoin will really help push said projects and ideas for online monetary usage.
This could really be the next step needed to turn Bitcoin from just a digital currency, to a usable medium for exchange.
With many names joining the conference like Saylor and Wood, it will surely pickup steam, and introduce the not yet introduced, and excite those already here. The next few months will be exciting, this is guaranteed.
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