Sunday, April 21, 2019

Bitcoin "e-commerce" trick

Bitcoin E-Commerce "The trick is basically that you accept the "encrypted" money in the e-commerce store [for real-world merchandise]. Sell through the exchange [COGS] and keep the profit "encrypted".

The goal is to make any price increases in potential "encrypted" assets, which should increase your profits. Obviously, this is another way - it can also result in a loss of profits due to the price drop of the "encrypted" token you pay. But, in general, if you play the game correctly - you should be able to greatly increase your profits in this way.

This tutorial will briefly explain the various points about how it works. Doing this means you have to make sure you fully understand what you are doing and how this process will evolve...

First, if you run an "ecommerce" store, you'll need to accept the payment.

With too many services available online today [including Stripe and PayPal, etc.], you can "receive" payments in a variety of ways without the need for a traditional "merchant account."

One way to update is to use a service called BitGo. This is the "payment receipt" system for the "encrypted" token. Basically, it allows companies to accept "encrypted" currencies for their products or services, allowing users to take full advantage of Bitcoin, Ethereum, etc. without worrying about any security issues [BitGo is primarily concerned with security enforcement].

This means that if you receive any money through "encrypted" tokens, and their prices usually match the various "legal" treaties - they are usually very unstable. For this reason, it is often the case that many e-commerce store owners will simply "swap" their "encrypted" tokens at the end of the month or after receiving an order to obtain 100% legal tender.

The "skills" used by a large number of store owners actually retain their profit In the "encryption" ecosystem. This means they pay all other expenses - including their COGS, warehousing and management costs - while retaining the net profit in their exchange accounts.

By doing so, they have no loss [and all that is available] to multiply their stock by the price wave of BTC and other "encrypted" tokens - increasing their assets faster than any savings account can do.




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