Rishi Taparia - Issue #19
This week is all about bitcoin! Bitcoin guides, primers and what has led the price to top $16,000, as well as a few updated stats on China Ecomm, and a great piece on how credit cards changed the way we spend. Enjoy!
Commerce
China Ecommerce: This Is Only the Beginning for Explosive Growth
China is home to 730 million Internet users, it accounts for 40% of global retail e-commerce, and its mobile payment market is a whopping 11 times the size of the U.S. market. And thanks to a rising middle class, China’s e-commerce market is still rapidly expanding.
Online holiday spend could break $100B
Online holiday shopping has garnered retailers $65.14 billion so far, a 14.7% increase over last year, with each of those days seeing more than $1 billion a day in revenue. But retailers could have raked in even more online sales, if not for technical and performance issues on many sites.
FinTech
What On Earth Is Going On With Bitcoin?
The cryptocurrency’s current price is completely unreal. Then again, so is money.
How credit cards changed the way we spend
A terrific piece on how the growth of easily available credit profoundly altered our attitude to money.
The rise of contactless payments around the globe
A cool infographic from Visa showcasing the increase in contactless payments around the world.
Beginner’s guide series on cryptoassets
A pretty complete set of guides on cryptoassets. Good for all the folks out there looking to understand the Bitcoin craze!
Crypto Shorthand
A quick recap of all the common buzzwords surrounding bitcoin.