Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Newly Launched
by
Halofire
on 04/03/2014, 01:28:03 UTC
*On the stuff with a market.  I'm not sure what Doge has done;  but payment processing is the hardest part of a retail store utilizing any crypto.  Any store that uses BTC goes via coinbase, not an exchange.  We may first need a licensed payment processor.  

*Some of the utility complaints we have here, still apply to LTC after 2 years though.  No place to spend, no payment processors, etc.  However, I'm with DCgirl in more promoting Crypto's as a store of value for a general function.  


Gold is a store of wealth, you are saying crypto is more like gold as a commodity than as a currency. Not too many people can afford to invest in themselves, let alone hock money up for a rainy day or nest egg. But people can spend money allllll day long and not think twice about it. There are more spenders than savers. UTC to spend as currency, or to invest as hedge. Both are correct. But if you only appeal to hedgers, crypto circulation slows down. Spending the coin keeps the economies going. where do ya draw the line?