Good Times Lie Ahead

I'm writing this post because I'm having a very optimistic vibe about the cryptocurrency sphere at the moment. Everyday I'm seeing more and more news items and videos on Steemit and other social media about cool projects that can help crypto in becoming the new standard for money around the world. It is therefore that I believe that mass adoption is coming closer by the day.

Crypto Is Becoming More Accessible Everyday

Thanks to many amazing people, we're seeing more and more cool apps and systems that make it easier to spend and accept cryptocurrencies.

Let's take a look at some examples:

Source: Reddit

Bitcoin Cash is going big

First of all, I'd like to look at Bitcoin Cash, because a lot of new projects I've seen revolve around BCH. @rogerkver and the team at Bitcoin.com are doing an amazing job at promoting the adoption of BCH in East Asia, especially in Japan and Korea. Recently, a lot of good news has come from them. For example, last month Roger Ver announced that "Bitcoin Cash is coming to tens of thousands of convenient stores in Japan and you’ll be able to buy anything in the entire convenient store with Bitcoin Cash which means including like paying your electric bill”.

Moreover, Ver announced only a day ago that WeChat - a messaging app with ONE BILLION monthly users - now supports BCH to be used on the app. This means that a potential sixth of the global population will be exposed to BCH. Of course you can't expect everyone to adopt it straight away, but it's still a huge number of people that will know about its existence.

Furthermore, with the creation of Cointext, people can now send and receive BCH via SMS. This means that you don't even need an internet connection to make payments. No hassle with downloading wallets, saving passwords, etc. Just send and receive BCH over SMS with no additional cost. I believe that millions of people in developing countries can benefit from Cointext, since it's so easily accessible, it has low fees, and many people today are already using (fiat) SMS-based payment systems (especially in Africa).

At this rate, I think it's very plausible that BCH will overtake BTC in terms of usage (of course I'm not taking sides here).

PalmPay: Accept Crypto at Zero Cost

The video above explains it all, really. Palmpay is an app that lets any business accept one or more cryptocurrencies. What's also really cool is that the payment is immediately converted to the local currency of choice (on the BitShares DEX: bitUSD, bitEUR, etc.) so that the business doesn't have to deal with all kinds of different currencies and their price fluctuations. The consumer only pays a 0.5% fee, which goes directly to the PalmPay ambassadors in that city.

There are already dozens of ambassadors organizing meetups and having businesses adopt PalmPay in their respective cities. You can become an ambassador too and earn money from PalmPay! Just hit them up on Telegram: https://t.me/Agorise

There's Just Too Much to Show

These were just a couple of examples of how a very small number of people can change the world for the better. We've seen Bitcoin Cash and its supporters efforts to make it the most used currency out there, as well as some great new apps and systems like Cointext and PalmPay. Another great example for businesses to accept crypto is Coinpayments.net, which lets any business accept various cryptocurrencies at only a 0.5% fee.

Another project worth mentioning at last is EOS. Although it's had a bit of a controversial start, it is still believed that EOS will be the new standard for decentralized apps (or Ethereum will step up their game and outcompete them, which is also fine by me). My favorite project on the EOS blockchain is Everipedia: the new rival of the censored Wikipedia.

Do you know of any other projects that will bring mass adoption of crypto closer and closer? Be sure to share it in the comments below!

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Bitcoin (BTC): 1MhPMF7f8uJ28xp215spGKk1oMs5ezg77x

Bitcoin Cash (BCH): qqrtjt2u46ppr4x5agkdr4l52gk3enwa5vplg6n6cf

Ethereum: 0x9c32e46F8Bb414599561ae7B6aBc42dcD99d9aB5

DASH: XoB5nDzh7pboCMt4NYhZYjgpfFxKnTUuqj