Post
Topic
Board Trading Discussion
Re: Is it worth making cryptocurrency as an innovative source for extravagance brand
by
alfonso_jon
on 14/01/2020, 11:37:35 UTC
What should be suggested as per future perspective, is this innovation is worth making payments digital as an option?

I have doubts of using crypto as payment still. Not only for luxury stuffs but almost every stuffs in this world. With the high price volatility, it leads someone to speculate on the currency they are holding, they won't easily spend their coin for something. In the other hand, we need to increase the use of cryptocurrency in daily basis cause the more spending, will result the more demands on the market which could also increase the price.

In this case, probably, stablecoin could be a good option to do this thing but most of them like not really decentralized IMO so nothing's really perfect as payment option at the moment.

In this new era of technology, we now own assets in the form of cryptocurrency so our next step should be to make it more worthy for ingenuity payment progression. We are the ones to take initiative.