Coinbase booked $1B in revenue last year, has told hovering VCs to back off

Re:Coinbase booked $1B in revenue last year, has told hoveri... by icelancer on Monday January 22, 2018 @05:35PM (#16208684)

We are seeing it. I pay for a ton of stuff on Newegg using BTC, and Bitpay is being adopted at a ton of places, particularly those that serve Wordpress-powered shops due to a simple plugin.

Bitpay's switch to the payment protocol interface sucks, but it's workable enough and hackable if you know how to run a script. For everyone else, it's easier to use, so that's good in the long run.

If you're expecting to go to Target or Walmart and see adoption before you declare it good, I don't know what to say. But cryptocurrency purchasing is rising on the Internet, and if the Lightning Network does half as much as they want to, then it's in really good shape.

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Re:Coinbase booked $1B in revenue last year, has told hoveri... by prostoalex on Monday January 22, 2018 @06:23PM (#16209131)

> I pay for a ton of stuff on Newegg using BTC

Do you cover the transaction fee or does Newegg?

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Re:Coinbase booked $1B in revenue last year, has told hoveri... by icelancer on Monday January 22, 2018 @06:26PM (#16209154)

"I do," in that there's a fee for me but there's also obviously one from Bitpay that they are assessed as well.

Some sites cover the tx fees or offer discounts, which are effectively the same thing, however.

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