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RE: Steemtransfer: Theoretical concept
The main issue is not a technical one.
The problem is to get steem widely accepted as a currency for regular commerce.
Regular people still see crypto currency as high risk and very volatile. And to be honest there is truth in that when you see how cryptos have fluctuated in just one year.
Regular currencies are backed by central banks.
Most people trust that.
It's a leap of faith for street merchants to start trading in cryptos.
100% that is why this should be regarded more as instant conversion with steem going in and fiat getting payed out the other side. A bridge of sorts.
Right now crypto and fiat are two totally different operating systems with fiat being tried and tested and integrated into everything. What we are trying to do right now is get people to move away from this to another system with potential but not much infrastructure yet. To do this we need to start building more bridges to get people to the other side. Actual use is probably 5 plus years away for brick businesses and people won't jump across that gap they need to be led. Everything being developed right now are bridges but the bigger and easier they are to use the quicker people will end up on the other side.
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