Your Local Stores with Start Accepting BTC!

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Cloutsy

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There was a new token added to coinbase recently. It allows merchants, stores, gas stations, etc to start accepting BTC as payments. How cool is that?

It's a processor sort of like stripe or paypal but instead the merchant accepts only card or cash right? So this coin receives BTC from the customer and in return sends the CASH to the merchant. Simple, fast and secure.

This is going to change the market tremendously. Thoughts?
 
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In the immediate future it'll help, but in the long term it'll be undercut by another system that charges lower fees. This is also dependent on bitcoin retaining its value and usability, given its volatility.
 
What about the high fees of btc?
I doubt that any local small businesses will adapt this
 
What is the name of the token ?
 
Nikolaos said:
Very cool. I might buy this token. Thanks op
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It is very interesting for sure.. People are worried about fees but thats the point of this token. Very low fees and Instant Payments...

The token is created off of a Staking Feature. Basically, when you send BTC you have a wait a few minutes. Not with this token, you send it and its instant because the users are staking their AMP token and allowing the community to use it instantly. Doing so, users who allow their tokens to be staked will earn Interest rates and more money each day for letting the network to stake.

Really cool in my opinion and I assure you this is a long term token.
 
SMMnet said:
It is very interesting for sure.. People are worried about fees but thats the point of this token. Very low fees and Instant Payments...

The token is created off of a Staking Feature. Basically, when you send BTC you have a wait a few minutes. Not with this token, you send it and its instant because the users are staking their AMP token and allowing the community to use it instantly. Doing so, users who allow their tokens to be staked will earn Interest rates and more money each day for letting the network to stake.

Really cool in my opinion and I assure you this is a long term token.
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It is very interesting, today its #1 on coinbase for growing (even all major coins decreasing, this token grow) and ranked #4 on reddit on most mentioned.

No genius is needed to predict that coins without any real life app will not survive to the near future.
Cryptocurrency is composed by coins supported by blockchains, and the future is real life integration in payments. Amp and flexa provide this application, fraud free with low transaction fees and instant payments, providing in that way more competitive prices to retailers and merchants.

That way, the stores that does not apply this will have their sales decreased because competitors simply can sell cheap because of factors like instant payment with low transaction fee and fraud free (that way, either competitors adapt or they will be forced to close doors, in long term situations).

I'm holding 5k tokens atm, I've bought very low its almost 9 cents. It grow from 2 to 8 cents in 3 weeks.
In my view, its a really good long term investing opportunity.
 
SMMnet said:
There was a new token added to coinbase recently. It allows merchants, stores, gas stations, etc to start accepting BTC as payments. How cool is that?

It's a processor sort of like stripe or paypal but instead the merchant accepts only card or cash right? So this coin receives BTC from the customer and in return sends the CASH to the merchant. Simple, fast and secure.

This is going to change the market tremendously. Thoughts?
Click to expand...
I saw my local gas station using this I think! I was shocked! BTC to the moon during the next bull cycle
 
Crimemastergogo said:
Is this token on Binance?
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Should be, go on the Tokens website and they show a list of exchanges they are on.
DJPaulyD said:
I saw my local gas station using this I think! I was shocked! BTC to the moon during the next bull cycle
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That's awesome! Could you tell me the gas station name? Or their oil source like Exxon, Citco, etc. Which one was it?
 
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