Altcoin Merchant Boost: ShapeShift Brings Litecoin into the Retail World

Bitcoin has a huge advantage over other altcoins for one simple reason: Because other cryptocurrencies such as Litecoin or Dogecoin are rarely if ever accepted by merchants for retail purchases. They have been used either for investments or storehouses of value.

Bitcoin on the other hand has recently been added to the payment options of some of the largest retail and services businesses in the world. But now, users of the new and free ShapeShift platform can order any products or services from any company that accepts Bitcoin and use altcoins instead to pay. 

It was just last week that PayPal announced that its merchants would now be able to accept Bitcoin, which opens the popular cryptocurrency up to potentially eight million business