Do you think there be an easy way to accept Decred payments on eCommerce websites soon after the currency launches? If you can quickly get online retailers on board and accepting payments it may have mutual PR benefits and quickly increase the volume of people that use the currency. Perhaps it may be worth getting the community to develop plugins for platforms such as Wordpress, Magento and Drupal etc.
Yes! Getting ahead of the gun for finding retailers to start accepting Decred would have amazing results. Maybe we could hire a team to contact local or large retailers and see if we could get a list of possible companies.
Depends on a few factors. Your best bet would probably be that either the developers have something ready or a major payment processor such as coinpayments would pick the coin some time after the release and from there you could use their merchant tools. Being realistic it's doubtful that large retailers would accept DCR from the beginning, due to the natural distrust of new currencies (just see how many altcoins which has failed). The motivation is good, but I think it's better put in further developing the community and in small user-to-user markets first. I'm not sure if the developers already has a solution ready - or they're going to let the community regulate itself. I think the developers and other fans of Decred would be happy, if anyone would put time and afford into developing a plugin for ecommerces.
I'm just super hopeful and optimistic! Imagine though if some bigger retailers jumped on board early enough? They would be able to amass a pretty large amount of coins, while driving the demand and price of Decred up,up,up! Even a small amount of time and investment on both ends could pay off exponentially! Taking the new #1 spot for the future of Cryptocurrency and online purchasing! I maybe optimistic, but not unrealistic.
I think getting the coin on an exchange is the first hurdle, otherwise any kind of adoption is dubious. Hopefully that will be no problem though.
In my opinion, retailers or others accepting the coin can't really even get started until after mainnet happens. For good reasons, I'd be surprised if a retailer was interested in a coin before it is out. I also tend to think exchanges are a more natural first target than retailers. That being said, once out, we should definitely work with anyone who might be willing to accept decred.
Retailers won't take it for several years. Simply because price will fluctuate too much and they can't pay their distributors in Decred. That would make them forex traders which they are clearly not. They love stability and try to minimize currency risks when dealing with foreign currencies. Even if retailers would accept Decred, does that really add to the value? They will trade it immediately for local fiat because that's what they need. They are no HODLERS. If you want to know what makes a currency and payment system valuable, then learn from the early Bitcoin. But only from the early. Not from the regulated piece of junk it has become because of the late adopters who foolishly believe it will gain value if they only turn it into Paypal 2.0
I think that all depends 100% on what happens from the launch date. Bitcoin itself is accepted at some large retailers now, and it's by no means stable. It's conceivable for it to take less than a couple years for Decred to gain acceptance, but it's going to take a very strong development/outreach effort. Exchanges come first.
It promoted very little, I guess time give the answer here. I also hear some rumors in the Russian part of cryptocurrency that China airlines will accept decred as form of payment.
I'm guessing that's a subtle joke, as I've read no such thing on the Russian branch (and it sounds like a joke). But yes, time will tell.
I'm not offended, I was just confused because I read the Russian branch and saw nothing of the sort there.
Alrighty! It's just info some guy shared, maybe it's true maybe it's not. Note that I said "rumors" , speculations.
GoCoin is ranked #3 for payment processing. They are getting ready to release a new product. Decred participating in the development of this up coming product release by GoCoin would bring amazing results!. Just a thought.