Yesterday I talked about an idea to get Shopify stores to accept steem currency.
The basic concept is that if we could get stores to accept the steem currency as a payment method it would have a huge impact on the currency valuation.
And it would add a lot of value for the users. People could use it to buy stuff!
@jerrybanfield suggested that I look at Changelly.com as a solution to change the steem dollars into bitcoin. Then change the bitcoin instantly into USD. And it is this USD that is deposited into the Shopify store's account.
Today I sent off an email to Changelly.com asking a few questions about their API.
The main concern right now that I have is how to minimize the transaction fees. Because there are multiple steps to go through and different sites are taking a cut.
What do you think is a reasonable percentage that people would be willing to pay to be able to purchase something with steemit on a Shopify site? (including all costs)