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

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
Wampei.com

3. 3
eCommerce
is broken
3Copyright Wampum, LLC 2017

4. 4
Global Retail Commerce
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eMarketer Worldwide Ecommerce Report and St. Louis FED ECOMPCTSA report

5. 5
Global Retail eCommerce
5

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

8. 8
Cost of Fraud as a Percent of
Revenue

9. 9
Credit Card Fees
Low Risk
Med Risk
High Risk

10. 10

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

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
You and Me

15. 15

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
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
Isn’t Bitcoin Too Volatile?

19. 19

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
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
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
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