MetalPay close to Achieve Mass Adoption has the Potential to go 10x 20x in 1 to 2 Years

in #cryptocurrency7 years ago (edited)

After making some research today looking for new ways to avoid the high fees of PayPal or other Payment systems I found MetalPay.

MetalPay seems to have the solution to mass adoption in the following few months. According to what I read, they are already trying it in a private way between members of the company, family and friens, and on September 2017 they will start a private Beta.

Buying and selling crypto currency can still be an arcane activity. It takes at least a few days to get used to, even for a person who knows computing.

Can you imagine your parents using ethereum, bitcoin, monero, litecoin to make payments today?

Today's crypto digital assets ecosystem is not yet ready for mass adoption. The usability, ease and safety are just not mature enough. But this is something that is going to CHANGE.

2 most important things need to happen before we can have mass adoption:

  1. Creating a digital service that makes using crypto currency an advantage (earn money/rewards) rather than a penalty (costs money).

  2. Make people comfortable with cryptos, or providing a service that uses crypto, even users don't have to know it is based on crypto

These 2 conditions are about to be met in the short term. This is why the crypto world is about to change in a rapid and profound way, for good.

Check out this video with the CEO of Metal, explaining what is about to happen:

Metal is a banking and payment platform with crypto integration.

It is a wallet for all cryptos, and it comes with the following:

Banking access, debit card with FDIC insurance, a checking account, routing number, peer-to-peer payments, merchant processing, writing capability, ACH/Wire capability

Metal will come first as a Web Wallet. Then iOS/Android mobile applications then Desktop apps.

PoPP is the killer feature for MetalPay.

Each time you make a payment with MetalPay, both the payer and the receiver get up to 5% of the amount spent in MTL (the native token from MetalPay). This is the magic of PoPP: Proof of Processed Payment.

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Great. Thanks for sharing. I'm starting to follow you.

You are welcome. Also, you may be interested in how people are buying real world products like McDonalds with crypto, by using the TenX card: https://steemit.com/cryptocurrency/@gold84/video-of-buying-mcdonalds-with-tenx-card-this-is-starting-to-go-mainstream

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