TL;DR
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Get this: there’s roughly $1 Trillion (with a T) worth of revenue generated each year via e-commerce.
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Ferrari has recently noticed an opportunity and set up a blockchain payments system that will help it syphon funds from newly minted Bitcoin millionaires.
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The new appeal looks something like this: Buy a Ferrari with BTC, in a few clicks.
Full Story
Get this: there’s roughly $1 Trillion (with a T) worth of revenue generated each year via e-commerce.
Google and Facebook attempt to capture as much of that value as possible by selling ad space to e-commerce businesses.
In the crypto space, the process of value capture is a whole lot simpler – and it goes something like this:
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Accept crypto as a payment.
That’s it. That’s all that’s needed.
The idea being: the crypto world is full of newly wealthy folks, looking to spend their new found fortunes.
…but there’s a dire lack of places to actually transact in crypto, natively.
Ferrari has recently noticed this opportunity and set up a blockchain payments system that will help it syphon funds from newly minted Bitcoin millionaires.
The new appeal looks something like this:
Send BTC to an exchange, convert it into dollars, send those dollars to bank account, use funds to buy a sports car from Ferrari’s competition.
VS.
Buy a Ferrari with BTC, in a few clicks.
Smart!
