If you have read any of my other posts, you realize that I am no digital currency doctor. I am not fluent in the blockchain code and have a limited understanding on how the whole thing works. One thing I do have going for me is a flourishing imagination. Sometimes I get visionary Ideas and other times I am behind the curve. I made a post called, "What's In Your Wallet" and there I was talking about different ways to be able to spend digital currency in the real world. One of the people that responded @ktchan mentioned something called TenX. I looked them up and their website is good. You can visit it here. https://www.tenx.tech/ They also offer a crypto called TenX (PAY) which is currently at $3.48 USD (3.91%) on https://coinmarketcap.com/
If TenX can do what they are claiming to be able to do, this looks like a great opportunity. As more and more people get involved in crypto they are going to be searching for easier ways to spend their earnings. The current process of exchanging digital money to be able to spend it on stuff like groceries and rent and dining out is like trying to solve a chinese puzzle. It is possible but not easy for a novice crypto user.
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Technologies like TenX are in the transition industry. They are helping people with cryptocurrency buy stuff in the non-crypto world. In some ways, they are almost like an exchange that works at the POS. Their tagline is, "convert and spend".
I do believe that one day all currency will be on the blockchain. Russia is planning on moving their national currency onto the blockchain. This conversion will happen way faster than anybody realizes. At first, it will look like a trickle and then it will look like a flood.
When this happens most of the POS will be able to accept the major cryptocurrencies or at least hedged forms of cryptocurrencies natively.
Thanks for posting this article and introducing new stuff to the community.
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you always have the best content givonwayne keep it up!
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They already have a functioning card which can be used to spend BTC like fiat money. Their long term goal though, is to become sort of like a crypto bank with full banking licence and credit facility. I think this is absolutely brilliant! So far their card seems like the best way to cash out on all those crypto profits easily.
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The card is not yet available in the USA however it is in their plan. This would cause their crypto to go up!
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