Why steem dollar could replace the dollar in the local currency.. (The 10 billion dollar question)

in #crypto7 years ago

Introduction (The new era of social money)

Blockpay and Steemit are bringing crypto-curency to the masses, Blockpay makes your steemit posting awards spendable at any store in the world by simply downloading a mobile application for free. The seller has no fees when excepting crypto currency payments and the buyer pay a small amount transaction fee.


Steemit users have the option to earn by their wonderful media creations, but the greatest appeal to a investor or a business is the steamit dollar always keeping a constant value. It feel's safe to hold and forget. Why is this important to a business accepting crypto-currency. A business wants to feel they can accept a currency that keeps it's value at a stable constant..

The coin bitshares that is the platform for booth Steemit and blockpay is very interesting as a rewards points for loyalty customers. as bitshare has very little value per bitshare.

Conclusion

Working with Steemit, blockpay and bitshares, one can easy setup Crypto-currency in within half an hour for a business and start accepting crypto-currency.. The question in the minds of the people is why? business will attract more customers world wide traveling past your business and see, a nice logo that they know they accept crypto-currency. So the business can sell more product at less cost of a credit card because the cost is zero. the business now has a new product to sell to the customers by creating there own currency exchange for fiat if they wish.. The business can exchange some for bit shares for rewards for loyalty customers. no more complex gift card system a customer can buy a prepay by purchasing crypto's.

The mirco climate of economics is starting to develop by using steem dollar always peg to a dollar, the business may also need service, a plumber, the plumber may need a baby sitter because he going out for dinner to the flash new modern coffee place that accepts steemit dollars. The baby sister while caring for the children has accepted the steem dollar payment and reads and posts on steemit while the children are asleep..

Disclaimer my thoughts are my original content and idea's the images belong to blockpay and steemit.

More information see blockpay see https://blockpay.ch/ for more exciting developments and see echo mobile wallet that makes social money easy..

https://my-echo.com/

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I forgot how to buy blockpay tokens if you have become interested it is now on openledger, use your BTS or steemit coins to buy a few.. https://openledger.info/

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