I too have imagined a system where you can utilize crypto as the payment method even in stores. From a utility perspective, not only does it allow a currency that is not based on one specific locale, but it also allows a more streamlined buying process. Just as people love using apps like Venmo or Zelle to send money, the same phone-based interaction could be used as an interface for sending crypto, so instead of carrying cash or even a card, you simply need your phone. Additionally, from a security perspective, it would be much harder for someone to try to physically steal your currency because an encrypted wallet is much safer than physical fiat or a magnetic strip on a card. With HIVE there is even more benefit, because the transactions are so fast and are also fee-less. Technically speaking most of the systems are individually already there, with my previous and current experience I can make it. The only missing key is the adoption of the crypto from the users (store owners and customers.)
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Yea, it's much more efficient. If Hive replaces applications like Venmo, the price would skyrocket.
As for adaptation problems, I think we should be the ones to start adapting. Like accepting Hive as well as the normal currency in what little shops we got or services we provide. That helps bring money into circulation and prevents overselling of Hive as well.
Hive as of right now has the perfect blueprint for starting a digital world/ecosystem(both economically and technologically), but we need more people onboard and more apps developed. If we can use it outside in the real world, then it'd be the perfect currency, Heck I wouldn't even mind if it were just HBD on Hive blockchain 😅
This is actually one of the projects I am working on, setting up resources and systems for small business owners to utilize HIVE for payments, transfers, and interactions.
Even though transactions on Hive are pretty simple as of now, having an implementation of it in the form of payment apps brings more exposure and makes it handier... looking forward to your works, man.