Not necessarily just products and services provided by TTCM. Any retailer or company can theoretically choose to accept KLK or another cryptocurrency. All you need is a digital wallet and a medium to make the wallet to wallet exchange. The problem is, and will be for the foreseeable future, the volatility of cryptocurrencies as a whole. Retailers and companies by and large are hesitant to accept cryptocurrency because, while it may be worth X amount of dollars today, an hour later, it could be worth Y, which likely will be substantially lower. But then it climbs back up and actually becomes much MORE valuable. So it’s a gamble.
Let’s say you want to buy a new car with BTC. Based on the current rates, the dealer could theoretically accept 10 BTC instead of cash, which would be the cash equivalent of around $57K. However, due to the volatility of BTC, it may only be worth $5100 per coin 48 hours later. So now, you as the dealer just sold a $57K car for $51K based on what you now have as a result of that exchange. However, let’s say the following week, the price goes up to $6100 per coin. Now the dealer’s happy, because they sold a $57K car for $61K, but the consumer is ticked off because they could have kept their coins for a week and bought a bigger and nicer car with the same amount. So the waters get muddied that way.
Cryptocurrency is brilliant in concept and there’s no denying there’s a strong market for it. But it’s going to have to become WAAAY more stable before most companies will be willing to accept it unquestioningly. I think the draw of KLK specifically is that it can be used in conjunction with KlickZie. Let’s say you take a KlickZie video of a natural disaster and a local news company wants to air it. They could literally pay you in KLK for the rights to air and use your content (which is assured to be free of any deceptive editing because of KlickZie.) You could make a killing off of that, assuming the value of KLK continues to climb. Lots of upside here. I just want them to get KlickZie out there for the public, and after that, the sky’s the limit.
