RE: Challenge 1: My favorite Cryptocurrency, how can we get businesses to accept it as payment?
Hello @neerajkor03
I'm really impressed by your approach to crypto currency. A lot of people dabble into it with minimal or no information and wrong expectations. When they begin to struggle because of their ignorance, most of them begin to give negative feedbacks about the crypto they know little about. Like any other adventure, to be successful in crypto, one has to be willing and also make efforts to often learn.
By the way, you're right about SBD being a stable coin. It's fluctuating range around USD is 0.9 - 1.1. That's quite stable. I would like to see your post on investment strategies as you promised.
From your suggestion, you're of the opinion that
Steem and SBD has to be listed on major exchanges for both to be widely accepted as a form of payment
To the best of my knowledge, that's true. With Steem and SBD on major exchanges, they instantly become payment options. Nobody would want a cryptocurrency that they cannot easily exchange so here, you have a good point.
I hope to see steem on major exchanges too.
True. It’s very important to learn about the product before investment.
Also, management plays a key role in making business successful. So it is also equally important to study about the management/leadership team of the organization.
I know Justin Sun is very ambitious for his projects and a great tech entrepreneur, I am sure he and his team will do whatever is possible to make this blockchain successful.
#twopercent #india #affable