The endless possibilities and opportunities that cryptocurrencies and blockchain technology presents to our modern world excites me.
And in recent times, I have been thinking of creating a new blockchain and cryptocurrency that has the potential and use case to replace our traditional banking systems and even do away with paper money altogether, by simply harnessing the technologies and gadgets the whole world is already conversant with.
I wouldn't like to disclose the full details here.
But my question is this: Would you as an individual, replace your bank account and your paper money with a cryptocurrency that is secured by you yourself and which allows you to pay anyone, anywhere, anytime?
Your contributions are welcome and by making such contributions, you grant me irrevocable rights to use such contributions for research purposes. Thanks.
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Hell yeah! The only downside is adoption. If people won't use it like money, it has no value as money.
Yes, adoption will make or mar it.
Yes, I would surely do it. Why because I don't have to rely on Bank to keep my money, it will be my money always and there will be no third party involved in it.
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More than likely yes, but it would have to be better in almost every way.
Yes, especially if volatility is brought down