I went to the link you supplied and found this.
Is this what I think it is?... Merchant accepts STEEM and then coinpayments.net automatically settles (converts) to fiat and deposits in their bank... If this is what I think it is, Then Holy Shit!
I never swear, but this would be the holy grail for STEEM and deserves the excitement. This could be a game changer.
We have huge numbers from all walks of life. If each one went out and converted just one business to accept STEEM, we could change everything. Can you imagine if brick-and-mortar merchants along with on-line merchants adopted STEEM as equivalent as cash. No credit card fees, no customer credit card disputes, no cash-back rewards that the merchant are forced to pay, and no waiting over a month for payments from the credit card company for merchandise or services already supplied. In addition, 3 second transfers with STEEM. It would be as fast or faster than credit card acceptance verification. We would leave the other cryptocurrencies in the dust with transaction times.
What we need now is a recruitment strategy. We need to educate everyone how to teach businesses to get set up with this. Make us all like the Mormon missionaries where we go around converting people.
You betcha! Makes it super easy for merchants to accept Steem without having to do the conversions themselves. Coinpayments is very similar to Bitpay.
And I agree Steem merchant adoption should be something every loyal Steemian should be aware of and actively contributing towards. It does not take much to talk to a store owner and tell them the benefits of accepting Steem and how easy it can be with @coinpayments.net
It is interesting that their account has been around on STEEM since Oct 2016.
undercover OGs haha
I remember @andrarchy talking about an eBay analogue being worked on for the steem blockchain. Maybe this is what he meant?
We are inching closer and closer to what we are looking for!