Post
Topic
Board Altcoin Discussion
Re: Will Open Money make crypto go mainstream?
by
slaman29
on 16/09/2017, 19:32:20 UTC
Lots of people are wondering what the next big deal in crypto will be.

What will take us from lingering on the fringe and push this technology out where everybody is interested?

Here are a few ideas:

1. Making it easy to transfer from crypto to fiat. Projects like bitpay, VIVA's Galaxy Vault etc. are working to make it simple to move money between the crypto world and the fiat economy.

2. Consumer Apps - projects like Open Money are going to facilitate the integration of crypto into mainstream apps like games, dating apps and all sorts of mainstream software.

3. Non profit initiatives - will charity coins break down the barrier? Coins like 2Give are sure trying!

Anyway, what do you think?

Leave a comment below!


The thing is, apps like Open Money have already existed... I think the idea of all these decentralised apps are good, but I have a feeling that the market is still too small to have so many competitors. I think about decentralised exchanges for example. In terms of integration crypto into mainstream apps, it's probably still going to take a while. It might start with individual industries. In this case, gaming is going to be first successful one. People there are very willing to embrace crypto, since for them, it's just the bridge between game/virtual currency and fiat.