Will cryptocurrency be able to replace fiat money?

rkharitina (26)in #nexty • 6 years ago

This issue bothers millions of people all around the world. Actually we could claim already that cryptocurrency will definitely become a replacement of dollars, euros and other traditional currencies. The main obstacle for that is lack of simple methods to make crypto payments.

Cryptocurrency has been drawing much attention during last year. Some of the exchanges have reduced a transaction fee for Bitcoin payments but it still remains expensive enough. The other problem hasn't been solved at all. Speed of transactions is very low and it causes a lot of inconvenience for cryptocurrency holders.

By the way we would like to pay your attention to government's activity. Do you remember G20 summit that was held in Argentina in April, 2018? Cryptocurrency regulation was one of the main items of the meeting. The watchdog didn't make a decision about crypto regulation but it holds fire on the item. But how do you think what is the reason for such a great attention from presidents of the largest economies? We can tell you. Everybody understands that cryptocurrency is our future and the time of its ubiquity will come very soon.

Use cryptocurrency with Nexty

But it's time to be back to our topic and that is Nexty. The fact is now transactions are very slow. You can make a Bitcoin payment and be waiting of transaction confirmation for several hours. Sometimes a transaction may last even several days. Do you plan to buy a cup of coffee and wait for three hours? Your drink will get cold.

What is the offer of Nexty? Making Instant Transfer with Zero Transfer Fees. Don't pay for your transactions. Make it for free. Don't be waiting for transaction confirmation. It will happen in a couple of seconds after you drop coins. Such features are possible because of DCCS that includes several variants of Nexty tokens – NTY (the main one) and NTF (this one is for transaction confirmation system). There is the other innovative system and it is Proof of Foundation (PoF) that generates the bonus for ICO holders. Check the information on the Nexty's official site or allow us to describe this process in another article.

You can't realize how much important these features are. If you have an Internet shop you can install a special module and utilize Nexty for receiving crypto payments. Your clients will be grateful because this payment method will be really convenient.

Thus Nexty creates a future of cryptocurrency payment that will be absolutely different from the traditional one. Users will be able to pay without cash, at any time, situation and with no transaction fees. Many virtual currencies have tried to create an analog of the innovation but none of them could reach notable achievements.

Moreover Nexty is an investment instrument for businesses of all sizes – any prospective project will be able to use the opportunity of launching its own ICO. The Nexty's team believes that the future is of crowdfunding and Initial Coin Offering.