Post
Topic
Board Economics
Re: Apart from trading where else to use crypto?
by
goku1525
on 08/11/2018, 09:50:31 UTC
More than 90% of ICOs (still a wide margin) lack pure utility aside from trading values. Among freelancers, people may trade one crypto for another, but in a brick and mortar business scenario, crypto has little to no impact. For example if I walk into a store I could get the credit card and a few other payment options. Still, with the over abundance of crypto technologies and their native tokens, only a handful of stores have barcodes for bitcoin and a few other payment coin types.

I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.

Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?
Here in our country there are many ways that uses crypto coins for payment. We can use coins for paying online purchases, paying monthly bills like internet bill, electricity, water and some other utilities. That is why a lot of people in our place are now adopting crypto and now use to build business with crypto because it has lots of opportunities offer.

Well, your  country looks advance interms of technology. I hope our ountry make it that happened  too, so that easy for us to used crypto to pay any bills and others without any convertion process to fiat. I believed the whole world will evolve amd crypto will used everywhere in business.