Cryptocurrency + E-Commerce = E-Money???

Cryptocurrency E-Commerce is one of our favorite topics!! This video lays out a compelling argument to convince you that cryptocurrencies are going to do amazing things for E-Commerce!

First, I’ll explain how crypto-currencies enable whole new e-commerce markets that otherwise would not even exist. And Second I’ll tell you why crypto-currencies are dramatically better technology than credit cards.

So, on point number one, crypto enables new markets, to explain this I’m going to use as an example one of my favorite crypto projects, Open Bazaar. Open Bazaar is an open source project that creates a peer-to-peer market place. The joke is that Open Bazaar is what you would get if eBay and bitTorrent had a baby. Open Bazaar is like eBay only as a peer-to-peer protocol rather than a company.

Coinbase is another big player in the space that is trying to bring cryptocurrency to ecommerce. Coinbase commerce is providing a direct way for merchants to accept cryptocurrency.

Check back for more videos of Hannah as she guides you through your Bitcoin learning journey!

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Alternate Title: Why Credit Cards Suck