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Old 12-28-2017, 07:24 PM   #189
Krovikan
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Join Date: Feb 2010
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Quote:
Originally Posted by Azure View Post
While I think blockchain technology will have its place, I can't see crypto currency doing much unless they figure out a way to make it instant and VERY easy.

Cause Samsung Pay is VERY easy and quick for me right now.
The fastest block chains in the 3rd gen are as fast as interact and credit card networks. They are just too new to have mass adoption.

TenX also is hooking into the prepaid MasterCard that you load up with Bitcoin and/or Eth ( more coming) and it'll pay in local currency. This has had wild success in Europe and will be doing a Global rollout in Q1 of 2018.

Also, block chains have already picked up in the 3rd world where most people don't have bank accounts yet people still need to be paid in a secure way. Forbes had a podcast that did an interview with one of the major IT providers in Afghanistan earlier this year talking about this.

Finally, you are looking at currencies in the traditional sense, for example, IOTA will be a currency to incentivizes data sharing between IoT devices. An example of this would be automated cards having a platform where you car earns currency by sharing data and buys data from other cars.



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