Is TenX Undervalued? - Daily Deals: #74
TenX has been on a down trend lately. The Team hasn't changed and the product hasn't been changed yet the price dropped. There was a delay with some cards but I think the overall goal is still the same. What can this mean? Comment below on what you think!
I am not a financial/crypto expert so please do your own research before making your decisions. I am not responsible for any actions that you take.
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Coins mentioned in post:
Financial advice: credit card collusion coins such as this and others will not survive the long run, since by virtue of sleeping with the enemy, it's only a matter of when the visa or mastercard system decides to totally flip, seize everything, or use some long law to suffocate the coin.
The Power of VISA and Mastercard is a worrying component. However, I believe there are always alternatives to a problem. Julian, the co-founder of TenX, wants to innovate past cards but wants a foundation before doing so. I believe there are many more options on its way, once they establish a solid card network.
I respect Hosp and also their initiative. Even the Comit platform. Perhaps I am asking way high giant leap instead of a step with the cards. Think before the first credit card. So it could be not cooperation with a card system but a giant leap - maybe a NFC chip, or a TheKey verified immutable smartphone secured to the cpu with unique cpuid. Cooperation with card system may look successful for now they even had a superb ico and so did Monaco. So for investors or this world financial perspective, they were successful. While we want to think beyond profit, beyond this notion of GDP. Beyond thinking of must have tax. Beyond the credit card 16 digits system with an expiry month and year.