Altcoin News - Uber Co-Founder Cryptocurrency? Germany Won’t Tax? South Korean Ripple Partnership?

in altcoinbuzz •  7 years ago 

This is Altcoin news, from the world of Cryptocurrency. Today we look at Uber co-founder Garrett Camp is creating a new cryptocurrency and what this could mean for disrupting payment and everyday transactions. Gold trading giant Goldmoney enables cold storage for Ethereum and Bitcoin Cash. Cryptocurrency is terrible as money but “crypto-assets” are for real, says Bank of England’s chief. Germany Won’t tax cryptocurrencies used to make purchases. South Korean bank plans ‘commercial’ Ripple remittances by 2019. We also look at updates from Ripple, Electroneum and TRON.

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The problem with crypto being used as a form of payment needs to be fixed by an app or wallet. If that wallet or app instead of sending the form of crypto you are paying with, converts it at that moment to the form of fiat currency and sends that amount. You then dont have to worry about the fluctuation of the crypto value.
I feel until mass adoption occurs that will be the only way crypto will be a widely used form of payment.
Does anyone know of an app or wallet that has this in its roadmap?

As much as people love to hate ripple i love to love money. Ripple is just getting to many partnerships to just drop off the radar any time soon. It and stellar will prob still make people money . Everyone has there reasons for investing though.

I'm right there with you on this. I still think that the total supply of XRP has me worried, but the media attention Ripple gets is insane for an altcoin. Some people that are not in the crypto space think that there is only BTC, but you'd be very surprised of how many people know about ripple and XRP. The media promotes adoption. I have a good chunk of XRP that I invested just before the bull run at X Mass I am happy it's under a dollar right now so I can invest in it again.

The total supply has me thinking also . But what has me is at the moment there what around 1600 different ones . What happens when the truly useless coins go bye bye . Say future we have only 400 that are adopted and useful. The coins that most of us are looking at that are high supply may matter but will be higher than we are thinking also in the opposite scenario maybe the useless ones become replaced and the coins go down in value ? Only time shall tell . I have been thinking about it but its hard to do when i got in at the 30 cent range. Have been eyeballing xlm though. I still haven't made that plunge yet.

Anyone want to move to germa?

I welcome an Uber coin!
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