Post
Topic
Board Altcoin Discussion
Re: 40+ crypto companies comes together for one solution
by
tbterryboy
on 21/06/2020, 20:37:56 UTC
The well known businesses in crypto industry, BitGo, BitPay, Bitrue, Bitso, Bitstamp, Blockchain.com, Brave, BTC Markets, CipherTrace, Coinone, Crypto.com, Huobi, Independent Reserve, Liquid, Ripple and many more are doing a partnership to bring an universal PaymentID system where users be able to send and receive cash and crypto interchangeably and globally.
If anyone can make global crypto adoption possible, it's this partnership. What impact do you think this would make?
Anything which is not ensuring privacy of users and not compatible with decentralization may not get consistent support from this crypto space. If they work in a way to ensure individual's privacy oriented project then we can see they may stay with us. A payment processor is needed for linking all of us for quick and reliable payment methods and I guess this may provide such an opportunity.

I do dream about instant bitcoin payments so that I start using BTCs for my shopping without waiting for confirmations to happen which usually may take up to 10 minutes of time. If these companies work on bringing such a system then we can expect this community to support them on first glance itself.