How Does Coinbase Remove Price Volatility For Businesses Who Accepts Bitcoin?

Tai: I have some friends that have some dance clubs here in Austin, and they asked me which Bitcoin merchant account provider should they use, and I recommended to them Coinbase. One of the concerns of the business owners have was that if he accepts Bitcoin, he doesn’t want to deal with the volatility, could you guys talk about how you guys absorb or deal with the volatility for businesses

Charlie: Companies like Overstock use this, if they don’t want to hold any Bitcoin that they receive, we do the instant exchange transfer for them. So what happens is, someone buys something for 20 dollars and pays them with Bitcoin, Coinbase gets the number of Bitcoin.

Then at the end of the day, we deposit 20 dollars to your bank account, they don’t hold any Bitcoin volatility risk if they don’t want to, they have the option to hold the Bitcoin if they want to, they have the option to hold it in a percentage.

But if they don’t want to, they can offload all the risk, so to them, it’s almost a no-brainer. They get zero fraud risk, the only risk is they have to trust us, if Coinbase goes out of business, they might lose one day of sales. If we lost all the money and we went bankrupt for example, but we’re not.

Tai: You guys seem to be growing because I looked into all those charts, the number of users is increasing

Charlie: We recently hit 1 million user accounts, we recently got 25 million dollars of funding from VC.

Tai: I think I looked on your career page or something like that, you guys are constantly hiring new developers.

Charlie: Yeah, anyone wants to join one of the coolest Bitcoin companies, we’re hiring like crazy.

James: We talked about this earlier, but I was just wondering, as an insider, is Coinbase considering at any point, trying to do instead of putting Bitcoin outside the stores, maybe we accept Coinbase, so that you walk in and your transaction with the store owner, I have a Coinbase wallet, I have Android, I walk in, I get instant transfer, no fee, are you guys looking into doing that sort of brick and mortar.

Charlie: So kind of like what Paypal is doing.

James: But Paypal is not free in between the transactions.

Charlie: Yea, it’s not. We kind of want to push Bitcoin for it, there’s really no reason to say only accept Coinbase. I mean Coinbase merchants accept Bitcoin from anywhere, if you use a Coinbase account to send Bitcoin, it’s really easy, you’re already signed in to Coinbase, so it’s just 1 click or 2 clicks, click “Pay” and then click “Confirm” and then you send the coins.

But we also send Bitcoin, so if you want to use your own wallet to send Bitcoin, it’s just as easy. But so to answer your question, we have a plan right now to do that, the benefit is pretty small because the fee for Bitcoin is still pretty low compared to other payments, it’s next to nothing anyway, so there’s very little reason to say zero, absolute zero.

Slide
Cryptocurrency Investing Blueprint™ Course Cover

We believe you should NOT be in front of the computer all day making short term, in and out trades. That is no different than having a “day job” at home instead of at the office. After completing the blueprint, you will learn how to PUT your money to WORK for you in the crypto market.

Slide
Cryptocurrency Investing Bootcamp - Tai Zen & Leon Fu Dot Com 6

If you want to GET RID of the anxiety, nervousness, self-doubt, and FEAR of picking the “wrong” cryptocurrency and losing your hard earned money… then don’t think twice about it; get the blueprint today because it’s the perfect fit for you.

Slide
Cryptocurrency Investing Bootcamp - Tai Zen & Leon Fu Dot Com 12

You will learn “The VC MAN Method™” that we developed that allows you to systematically identify “A” Tier cryptocurrencies worth investing in, that are not scams, by identifying the 5 Key Traits of a Profitable Cryptocurrency.

Slide
Cryptocurrency Investing Bootcamp - Tai Zen & Leon Fu Dot Com 6

You will learn how to properly exit a trade so that you will be profitable even when you are wrong over 60% of the time! Imagine being RIGHT less than 40% of the time in your crypto investing and still be profitable! You do not have to be RIGHT all the time to be successful in cryptocurrency investing!

Slide
Confident Bitcoin and Cryptocurrency Investor

If you have the burning desire to make Life Changing Profits™… Faster Than You Ever, if you are SICK & TIRED of struggling to figure things out alone or listening to people who don’t make a living from crypto investing… then this blueprint is a perfect fit for you.

Slide
Confident Bitcoin and Cryptocurrency Investor

YES, there is a guarantee! If the Cryptocurrency Investing Blueprint™ did not deliver on what was promised on this website, simply make a request within 30 days for a refund, and we will cancel your student access and REFUND you back 100% of your purchase in US dollars.

Now there’s no excuse! If you’re serious about making Life Changing Profits™ in crypto investing, then click on the link below and order your copy of the Cryptocurrency Investing Blueprint™ immediately!

Leave a Reply