Tuesday, June 26, 2018 5:48:20 PM
MASS ADOPTION:
If we want mass adoption of crypto currency we need to make it easier to store and use, example;
When the banks introduced credit cards it was so EASY to just flash the plastic and walk out the door with your goods. EASY is the operative word !
If you look at how technical it is to manage your crypto now with different wallets for different coins, private keys, passwords, ETC, ETC . It is too technical / DIFFICULT for the average person that isn’t technically minded to use, therefore mass adoption won’t happen, till it is EASIER to store and use.
What needs to be invented is an APP/wallet on a smart phone that all crypto platforms can run on and that you can store all your coins on. Have 2 settings for investments and spending,
*Investments have a higher level of security to get into modify, transfer and trade.
*With spending have a designated amount eg 5K and a choice of coins that you can make available that you can use, by just using your thumb print as security on your phone to access your funds and purchase goods and services with.
I am all for crypto but Mass Adoption will come once crypto gets EASIER to manage and use.
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