EXCLUSIVE INTERVIEW with Jeffrey Tucker on Bitcoin and the E-commerce

Is Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term an opportunity online merchants should consider?

At Payment Magnates we felt that we should shed some light on Bitcoin.
Is this really the future of the E-commerce as some pretend or is it just a fly-by-night utopia?

In this exclusive interview we asked Jeffrey Tucker, renown Bitcoin expert and executive editor of Laissez Faire Books, to help us better understand the impact of Bitcoin on the E-commerce world. Here are some of the topics discussed:

The adoption of Bitcoin in general - Are Bitcoins a commodity or a currency? - Bitcoin and the various regulations - KYC and Compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term - The differences between credit cards and Bitcoin processing - Fraud prevention applied to Bitcoin - Gaming implementation example - Practical implementation: The technical side, the accounting side, the taxes, rebilling ...