Two Small - But Actually Far Reaching - Crypto Breakthroughs Today From Robinhood & Observa
News from Robinhood and Observa
Wow, crypto is gaining traction!
It is not from one or two things that will bring crypto into use for the majority of people, but from many thousands of small and seemingly minor uses.
This long march took at least two more steps forward today, May 14th 2018.
Robinhood Offers Cryptocurrency Trading In Arizona
First, The big one. I received an email stating that I (and probably most everyone else using Robinhood in Arizona) can now trade crypto - WITH NO FEES - on the stock trading platform Robinhood.
Right now they only offer Bitcoin and Ethereum trading, but I am sure more will follow as they monitor and grow this part of their service.
Think about this. I can sell a stock and immediately use that money to buy Bitcoin and/or Ethereum.
NO OTHER platform offers this. It also is also extremely easy and without fees.
No wonder Robinhood was just valued at $5.6 BILLION dollars. They will be worth a LOT more in the future, me thinks.
If you haven't yet signed up for Robinhood, use this link to get a free share of stock upon signing up. (I will too)
Observa Offers Payments In Cryptocurrency
I have done some work for the gig app Observa and just this evening I got an email from them stating that I can now be paid out in cryptocurrency.
They have partnered with Coinbase and offer payments in Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.
Now Steemit isn't the only side hustle that I can get paid directly in cryptocurrency.
Mainstream Adoption Is Growing
If you are a champion of cryptocurrency adoption, as I suspect most reading this post are, you should applaud every single legitimate use - no matter how small. These things will add up to enable cryptocurrency use in everyday transactions.
It won't happen tomorrow, but it will happen.
Yes sir i agree with you that they are more will follow as they monitor and grow this part of their service.
Pretty awesome. Do you know if they accept bitcoin deposits too? Like could you send bitcoins to Robinhood and buy stocks, one swoop like that?
I don't think so. It's like a closed loop.
Nope. Can only buy/sell on the platform. Can't send/withdraw coins to/from the platform.
Yes totally agree my man. Every little step will make bigger and bigger foot prints. Very satisfying to know we are some of the newer ones who are getting into all this...compared to general population.
Appreciate the post @getonthetrain
Yup, things take time. Something that people of today don't seem to realize. Investments don't prosper in weeks, it takes years and decades.
Yeah I know... sadly it's the 'Right Here Right Now' crowd mentality
I recently saw an flight agent ( somthing like expedia) where you can purchase a flight ticket with cryptocurrency... pretty awesome.
Yeah, last year I saw that I could pay by Bitcoin for flights. It's growing!
The media thinks bitcoin died again and at the same time big moves are happening. Don't know how the media can successfully investigate enough about bitcoin to write an article, but at the same time not realize things that are happening behind the buzz.
I'm no fan of Bitcoin either, though
Me neither, but it won't die like this
I got the same little NEON Cactus email that you got about Robinhood today @getonthetrain oh that's right we live in the same State...........
Well, it ain't a bad state...
No fees!!! There is no reason not to join Robinhood. Thanks for the links @getonthetrain. Let me get on with signing up. Cryptocurrency is really becoming exciting with all this diversification getting involved.
Well, I believe that Robinhood is only available in America right now. Australia is next, I think.
Great news ended. My country also Rwanda is no longer taugh on crypto users. They have failed to make a choice between regulating or not regulating cryptos. Anyways, we are enjoying our time and no one is on our back yet but we believe in a positive result in future days.
Well, that's good to hear. Enjoy these days :D
Thanks
That's a huge step towards mainstream adoption. Damn. And to think of all the crypto skeptics that call it a ponzi.
It's getting more and more use, which is always a good thing
Really good news, the more we get people using and rooting for cryptos the better.
It'll all come together, little by little