Ideas in this flowchart

• Bitcoin payment systems facilitated merchant acceptance, but actual commerce remained limited.
• Payment processors enabled merchants to accept bitcoin while receiving dollars in their home currency.
• BitPay and Coinbase were examples of these payment processors.
• Processors managed exchange-rate risk through digital-currency exchanges.
• Merchants could save substantially compared with credit-card transaction fees.
• Customers generally did not receive those savings because businesses kept the benefit.
• Bitcoin adoption was supported by several access and payment tools.
• These tools included easier wallets, online exchanges, ATMs, gift cards, and bitcoin-linked debit cards.
• The number of merchants accepting bitcoin remained small compared with conventional card payments.
• The volume of actual bitcoin commerce also remained small compared with conventional card payments.