Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

The Commerce We Deserve: Cryptocomerce

373 views

Published on

Discussion of crytpocommerce advantages over conventional commerce at Decentralize Colorado Meetup, Monday, April 23rd

Published in: Economy & Finance
  • Be the first to comment

  • Be the first to like this

The Commerce We Deserve: Cryptocomerce

  1. 1. 1 The Decentralized eCommerce We Deserve! By Russell Castagnaro If You install a Bitcoin wallet during my talk, I’ll give you some! Install “Copay Bitcoin Wallet” https://goo.gl/tS6zKk eCommerce for All TM
  2. 2. 2 2 Wampei.com
  3. 3. 3 eCommerce is broken 3Copyright Wampum, LLC 2017
  4. 4. 4 Global Retail Commerce $1T $1T $1T $1T $1T $1T $1T $1T $1T $1T $1T $1T $1T $1T $1T $1T $1T $1T $1T $1T $1T $1T $1T $1T eMarketer Worldwide Ecommerce Report and St. Louis FED ECOMPCTSA report
  5. 5. 5 Global Retail eCommerce 5
  6. 6. 6 eCommerce is Broken 70% 30% U.S. Only< 10% > 90% $22 Trillion $2 Trillion Cash Payments Electronic Payments International Retail Payments *eMarketer Report
  7. 7. 7
  8. 8. 8 Cost of Fraud as a Percent of Revenue
  9. 9. 9 Credit Card Fees Low Risk Med Risk High Risk
  10. 10. 10
  11. 11. 11 eCommerce is Broken 70% 30% U.S. Only< 10% > 90% $22 Trillion $2 Trillion Cash Payments Electronic Payments International Retail Payments *eMarketer Report
  12. 12. 12 12
  13. 13. 13 World and US: Banked Adults 73% 7% 20% Banked Unbanked Underbanked FDIC: 2015 FDIC National Survey of Unbanked and Underbanked Households 48% 22% 30%
  14. 14. 14 You and Me
  15. 15. 15
  16. 16. 16 Bitcoin Provides… Speedy Settlement Low barriers to entry No fraud risk Low transaction fees* Easy To Use No chargebacks There has NEVER been a simpler, safer, more open electronic payment method available to the public.
  17. 17. 17 Bitcoin Adoption: 17M Americans 5% of Americans had: • Social media on 3/21/2005 • Broadband Internet on 2/2001 • eReaders at 9/13/2010 • Tablets at 11/24/2010 • Bitcoin 1/24/2018 That’s nearly 17 Million people!
  18. 18. 18 Isn’t Bitcoin Too Volatile?
  19. 19. 19
  20. 20. 20 17.21 8.75 2.24 11.52 10.3 3.81 0 5 10 15 20 25 30 35 Milennial Gen X Baby Boomer Bought Will Buy Source: finder.com
  21. 21. 21 Leverages latest, most secure technology You keep custody of funds No banking requirement Personal data not required for payment Eliminates fraud concerns for merchants Bitcoin Payments
  22. 22. 22 Cryptocurrency Will Change eCommerce Forever • Fraud decreased by 90% • Markets expanded to 4B underbanked adults • Payment processing fees down 75% • International payments in less than 20 minutes • Vastly decreased need for ATMs • Stabilizing developing nations’ economies
  23. 23. 23 Thanks! We believe everyone should be able to accept electronic payments, not just those with banks. Visit us at wampei.com Install A Bitcoin Wallet 23

×