Do you believe that in five years every second transaction in e-commerce will be settled on blockchain? No? Well, that’s what people thought of plastic credit cards versus cash a few decades ago when it came to traditional stores.
There is no doubt that Web3 will drastically transform the way e-commerce operates. Using cryptocurrency payments in e-commerce stores will become just as common as accepting PayPal (NASDAQ:PYPL), Klarna, Visa (NYSE:V) or Mastercard (NYSE:MA). Stores that don’t adapt their e-commerce platforms to accept cryptocurrencies will soon find themselves out of business.