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RE: Living on Crypto

in #smartcash7 years ago (edited)

Hey @nitego, great to see you explaining some of this.

Overall, there is such a lack in financial astuteness that many people have no idea how to manage their finances in a way that allows them to remove the constant noose being wrapped around their neck by agreeing to only be manipulated by fiat currency mongers.

There is so much liquidity in the financial markets. FOREX is around 5 trillion daily and now crypto is involved after just a short time and being heavily pursued.

The issue these days is absolutely with the utility being offered for the mobility of the current.

Here in Colorado, we are having discussions regarding the creation of utility between providers who will be willing to transact with crypto (right now they're mostly talking bitcoin and steem), but it would allow for the exchange of services/goods for crypto eventually. For now, it's about figuring out proper fiat gateways that are legally prepared to help complete that process for those who are also working with fiat cash.

These are exciting times!

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@intuitivejakob sorry I did not get back to you sooner. I was in Mexico and my internet in the Hotel was not very good so you will notice a gap in my posting to Steemit. During the conference Smartcash presented the smartcard. The smartcard is really a cold wallet that allows the user pays for items using smartcash. The smartcard works with a corresponding merchant application currently on android so it can be quickly and easily deployed by user (users would setup their cards online and print it themselves) and merchants. This may be a solution to consider. Smartcash is relatively stable and has a good circulating supply to work as a currency. With this solution there is no is really no barrier to adoption. It you want more details visit our discord and DM me I should be able to you in touch with the people who can make this happen.

All good, @nitego! I am happy to know it's working out for you and to hear more about SmartCard. I am a fan of SmartCash and am someone who purchased some of it early into the launch, although I haven't been as active in the community as you have been.

intuitivejakob smartcash.png

Then it great to have you as part of the Steemit Team. I'll be looking forward to your content.

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