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Home»Web 3»Crypto Value Capture (for Dummies) ft. Ferrari
Web 3

Crypto Value Capture (for Dummies) ft. Ferrari

2023-10-17No Comments2 Mins Read
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TL; DR

  • Understand this: approximately $1 trillion (with a T) in revenue is generated through e-commerce every year.

  • Ferrari recently spotted an opportunity and set up a blockchain payment system that will help it move funds from newly minted Bitcoin millionaires.

  • The new call looks something like this: Buy a Ferrari with BTC, in just a few clicks.

Full story

Understand this: approximately $1 trillion (with a T) in revenue is generated through e-commerce every year.

Google and Facebook are trying to capture as much of that value as possible by selling advertising space to e-commerce companies.

In the crypto world, the process of capturing value is a lot simpler – and it goes something like this:

  1. Accept crypto as payment.

That is it. That’s all it takes.

The idea is: the crypto world is full of new rich people, looking to spend their new found fortune.

…but there is a dire lack of places to actually transact in crypto, naturally.

Ferrari recently noticed this opportunity and set up a blockchain payment system that will help it move funds from newly minted Bitcoin millionaires.

The new call looks something like this:

Send BTC to an exchange, convert it to dollars, send those dollars to a bank account, use money to buy a sports car from Ferrari’s competition.

USA

Buy a Ferrari with BTC, in just a few clicks.

Smart!

Source link

See also  Crypto Fear and Greed Index Reaches 70: Impact on BTC, ETH & SOL
Capture Crypto Dummies Ferrari
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