Do Coinbase Commerce and WooCommerce signal a new era of the “Cryptosphere Triple Play"?

Colleagues, the new Coinbase Commerce plug-in will enable Woocommerce platform users to make eCommerce payments via cryptocurrencies. While this model is nothing new it does represent a significant step in the market adoption of cryptocurrencies which seek to cross the chasm from early adopters to the mass market. The broader issue is the integration of three vital elements of the global cryptosphere – the marriage of top currencies, high volume exchanges, eCommerce technology vendors and eCommerce platforms. Bitcoin is the world’s most valuable cryptocurrency. Coinbase is the largest crypto exchange. And Woocommerce is the market share leader among eCommerce software vendors. The open issue is how aggressively commercial B2C and B2B players Amazon, Alibaba will and eBay adopt cryptocurrencies as a method of payment. The Cryptocurrency Academy predicts a potential “crypto triple play” by Amazon, Alibaba and eBay in the coming 12-24 months. First, is the high probability they will accepts crypto payments. Second, Amazon and Baba could likely acquire or launch their own crypto exchanges. And third, we would not be surprised to see Amazon and Baba introduce ICOs. Send us your comments today! Lawrence – Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com/)