Post
Topic
Board Economics
Re: Apart from trading where else to use crypto?
by
Savemore
on 01/12/2018, 05:25:34 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?
Our government legalized the use of the cryptocurrencies, there are now businesses who accepts bitcoin as a payment. The cryptocurrencies is not just for trading, it can now be as a medium of exchange.