There is a little doubt that we are gradually transitioning toward a new era of decentralization and digital currencies e.g: cryptocurrencies and technology behind them are facilitating this process. Though we are still at early days of such exciting journey, much more should be done to simplify the concept, introduce it to wider audience and boost the adaptability. To be honest, when I first heard of bitcoin back in 2010-11, I was skeptical if it could stand the test of time without knowing much details of it's mechanism and it took me long to get an interest in understanding it slightly better just recently. This is despite being exposed to few financial terminals such as Bloomberg almost on daily basis due to nature of my work.

My point is, it's still difficult to explain how cryptocurrencies work to an average joe and convince him why this could be a better alternative to a fiat currency, and we need these sort of people to adapt and participate in order to expand the market reach and increase the liquidity. As per coinmarketcap.com, today's market value for all 644 cryptocurrencies is at $14.6b, very small fraction of fiat currency in circulation, out of which bitcoin has $12.6b capitalization, 86% of total market value and the other 643 altcoins have 14% market share collectively.

The question is, how can we develop a digital currency ( crypto or otherwise) that can bridge the gap between the traditional economy and new decentralized digital economy? one that would be widely accepted, trusted and used by both camp of traditional and sophisticated investors? and easily converted to fiat, commodities and other assets with a low spread.....

Please feel free to contribute, brainstorm and share your thoughts on the subject. I would be happy to form a competent team from the community and financially support it to develop a possible solution.

Thanks,

Mo