There is a lot of talk of bitcoin and other coins replacing money. This also leads people to think bitcoin and other coins do not have value as crypto is not accepted anywhere and is too volatile. They do have a point but I do think that credit cards with crypto will solve the first problem and stable coins will solve the second problem. Circle is working on one and we already have tether. Plus blockchain will be adopted by the banks as it will cut costs by a third.
That being said I still don't think that is where the world of crypto is heading. I think it is heading to different apps and fiels using it and bitcoin (or maybe one of the stable coins) but used as way to turn those coins into fiat. Maybe we will have a direct to fiat option for some coins but a lot of them will need to go to an exchange first. You will have games, incentives and social media all with their own coins which people will trade for cash through bitcoin.
That is how I see it. What do you think?
They do have a point but I do think that credit cards with crypto will solve the first problem and stable coins will solve the second problem.
I don't see them as two problems, if it happens each and every problem will get solved automatically. But these two things are difficult to achieve but I would say nothing is Impossible.
I think it can be done and will be easier if Visa gets involved.
I am not aware about Visa my friend. Can you tell me what it is?
They are the biggest credit card company, if they integrate crypto it would be easy to use anywhere.
Oo, I see I have heard about Visa various times. Thanks for the information brother
Even when goverments are trying to stop crypto currencies, they are the future, we are able to control the value not them and thats what makes them unconfortable
You got a 17.75% upvote from @postpromoter courtesy of @whatageek!
Want to promote your posts too? Check out the Steem Bot Tracker websitevote for @yabapmatt for witness! for more info. If you would like to support the development of @postpromoter and the bot tracker please
This is definitely going to happen. Each app will have its own native token to reward users with. The token can be converted into BTC or ETH (otherwise who cares?)
Basic Attention Token is well positioned to corner the market on something like this. Users can be rewarded in BAT for watching ads or completing micro tasks.