Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ZET] Zetacoin - SHA256 coin - Quick confirmations
by
epicradness
on 09/04/2014, 19:24:01 UTC
While I see the logic there, I wonder why an already established electronic fiat payment system would embrace crypto.

Maybe faster and cheaper transactions ?


I've been racking my brain on this question too.

If it's M-Pesa, then cool. I figure they might want to open up their customer base (market) to the whole world and use a coin with a transaction speed that's almost as fast, or faster, than their own. This means a lot for commerce and remittances.

I just think on a business level anyone partnering with an altcoin is going to need a very strong "wow" factor that affects them in some way, or solves a major problem. Speed is where this coin gets very interesting for real world commerce. If a service like Mpesa was looking to jump into the crypto space, they'd definitely need something as fast, or faster, as their own network. And it would hurt that the crypto was "btc friendly". the size is good too, early startup coin that a service can "control" or finesse a little bit to help service their needs a little better. Btc is too damn wild.

I dunno....im just bullshitting. Holding coins for now.