Cryptocurrency Adoption Boosted By MerchantCoin Announcement At CoinAgenda

Cryptocurrency Adoption Boosted By MerchantCoin Announcement At CoinAgenda

Today marks the beginning of CoinAgenda, a Bitcoin conference made especially for Bitcoin investors. Companies from around the world are gathering in sunny Las Vegas to present their ideas to over a hundred hopeful investors that have or are interested in making moves in the digital currency space. One such Bitcoin company that is seeking new users (advocates) is MerchantCoin, a new cryptocurrency that exists to promote Bitcoin and greater cryptocurrency use where it is needed most: Merchants. Also read: MerchantCoin Incentivizes Bitcoin Adoption. According to their website: MerchantCoin....


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MerchantCoin Incentivizes Bitcoin Adoption

Most bitcoiners seem to be pursuing their own unique methods of increasing global bitcoin adoption. There are those who simply educate the merchants they frequent on the benefits of Bitcoin; on the other side of the coin, there are those who are planning on distributing bitcoins to an entire island nation. And now with MerchantCoin making an appearance on the scene, there's an actual cryptocurrency, altcoin to some, whose express goal is to increase Bitcoin adoption. MerchantCoin is the first digital currency whose sole purpose is to facilitate worldwide adoption of Bitcoin by....

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Earlier this month MerchantCoin published their whitepaper. The following scenario is included in the paper and illustrates the MerchantCoin vision for a consumer and seller in the commercial sector who use the MerchantCoin ecosystem. “A Consumer is browsing the internet, seeking to buy a new sports watch. Finding a great deal and placing it in the shopping cart, he discovers that the Merchant accepts PayPal, Visa, Amex, XMC and BTC. Opening his mWallet, he discovers that he has enough crypto coin but not in a single currency. On the mGateway, he exchanges some XMC for enough BTC to make....