Well it’s really interesting as these institutional firms are gradually looking at the risk asset class bitcoin positively, also it’s technology. The financial firm KPMG which is categorized as part of the four big financial firm in the world has this to say about the risk asset class bitcoin that - There’s a variety of impactful use cases that Bitcoin offers that have a track record in delivering value for their users and society at large. These scenarios not only can improve the reputation of the overall ecosystem, but pave the way for greater use and adoption.
In their report which they say that the Bitcoin technology has been able to transform cross border payment also with it transparency there is zero tolerance for corruption. The Bitcoin technology is of a great value to developing countries who faces logistical and high transactional fees - Bitcoin provides the ability for these payments to take place nearly instantly so long as users have a cell phone and an internet connection, and with far cheaper transaction fees.
If you see this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows eusers and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Over here we refer to users as lions, so are you ready to be a lion here is my referral link See leoglossary for the terms used within this post also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in h growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.
Let’s also connect on some of the web2 platform.
Twitter:Hironakamura
Posted Using LeoFinance Alpha
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