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RE: Overstock: Cryptocurrency’s Reverse Merger?

in #cryptocurrency7 years ago

I have honestly forgotten all about that company. I wonder if they just start accepting more cryptocurrencies what that would do for them in the long run. I don’t recall ever wanting anything either from that site.

I was once told if you want a local store to sell your product have customers come forward and contact them asking if they have such and such item. When that store has to keep telling the customers “no we do not have that item.” It might just open the doors if they think there is enough demand to make it worthwhile.

Perhaps that is our problem with Steem, not enough direct lobbying toward companies to accept it. By having possibly buyers keep asking “do you accept Steem a 0% transaction fee cryptocurrency that is fast.” They just know BTC. People can shout all they want on twitter it would not be the first time they stop something from trending or shadow banned it so others don’t hear it.

When it comes down to though companies don’t like missing if there is a sudden demand for it. Which requires being more direct towards them. Seems like this platform already has a solution that might make it easier for them to do business if they don't already accept Steem.

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Yes, I had forgotten about them for a while also, but was reminded by that news article about the Hong Kong venture capital infusion they received recently. They're still working on these plans.