How plausible is it for pussfi to have an impact on real world finance

in hive-165987 •  yesterday 

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Without usecase it's really hard for any cryptocurrency to be of any significance or retain its value in a rather competitive market for the long term, and if a project could have an impact on real world finance it would indeed be a beauty, that much is certain and it would really help to retain the value of the project for a long term, ofcourse a project would have to be real solid for it to have much of an impact on real world finance, I mean it ain't easy to see a project impacting the world's finance.

It has me wondering truly, could our very own pussfi have an impact on real world finance, what would it take for it to impact the world of finance, well that truly remains to be seen but this much is certain, it needs to solidify itself as a project to be reckoned for, I mean even strong projects suffer greatly, take for instance this acclaimed bull season, it seems much like we are only seeing Bitcoin bull run and there isn't really much liquidity for any thing else, when Bitcoin pumps other coins remains stagnant and it dumps well other coins dumps even harder even strong project like Ethereum with all it's utility.

If we look at the performance of Ethereum so far we might wonder what has really happened to it, well the competition here is fierce, so fierce even for the second ranked cryptocurrency on coinmarketcap, so far we see some other projects seemingly taken it's shine, like Solana and Xrp which are like the Ethereum of this bull run, so this goes to show that pussfi impacting real world finance would not be easy at all, yes it's plausible but there are host of significant challenge but there is possibility of pussfi impact, pussfi has this far continue to stand strong while everything else dumps harder, I will be breaking down what possible impact pussfi could have on real world finance.

Decentralized Finance (DeFi) Integration

Well this is just what pussfi needs if it is to have any impact whatsoever on real world finance, defi integration would really be integral in pussfi hopes to reach this ambiguous ambition because with defi platforms on pussfi ecosystem it sure comes with a huge advantage to pussfi as it would notably help pussfi do things on a scale that would make it come under the spotlight, defi has a lot of appeal to the greater audience and defi being integrated into Pussfi ecosystem helps it attract a lot of people.

It would ensure that pussfi is able to offer a whole lot of defi services and provide things like decentralized borrowing and lending as well as also offer other services like trading and these services would be offered in a manner that is quiet different from what is common in the traditional banking institutions as these services are all provided without any intermediaries like they do in banks.

So pussfi integration of decentralized finance (defi) is really a sure way of making it's mark and impact on real world finance as defi platform would ensure that not only can pussfi ecosystem offer financial services in all the ways traditional financial system could but it goes way beyond even this as it potentially also increases financial inclusion but those who are in undeveloped places could participate which thus potentially creates an impact on the financial order of the world.

Liquidity and Volatility

This is another aspect that goes to great length to potentially determine how much of an impact that pussfi could have on real world finance, and that's when we talk about the issue of liquidity and volatility. Liquidity and volatility is really key to determine the chance of pussfi especially considering it's a meme coin after all and the inherent nature of memecoins.

Well what's the nature of memecoins that I speak of, meme coins are often known for their extreme volatility and due to the speculative nature of their trading and that's also common amongst even the most popular memecoins so what's to say pussfi doesn't invite same speculative trading which could lead to it experiencing extreme volatility and with that comes liquidity challenges, true pussfi has shown promising signs that shows it being somewhat alienated from what we know about meme coins but it remains to be seen if it could continue to set itself apart.

When there is extreme volatility and liquidity issues what happens in this scenario is that there is risk and opportunities for prospective investors, but ofcourse not everyone has the risk appetite to be in a strongly volatile market and continued volatility could hinder any real chance of pussfi from remotely even being considered as a prospective store of value and thus limit it chances of having an impact on real world finance, unless ofcourse it rise above this liquidity issues caused by the volatility prevalent in the memecoin market.

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Adoption and Use Cases

Usecase and adoption is something that would greatly help also in ensuring real world impact of pussfi, yes adoption is key and of utmost importance of pussfi is to have any real chance of impacting the world of finance and guess what would help to ensure mass adoption, well that's right it's none other thing than utilities, pussfi needs to boost wide range of utility to have any chance of gaining mass adoption, with more utility comes increased adoption and with increase in adoption then the chances of pussfi impacting real world finance would soar to great heights.

And it's really necessary that pussfi has very definitive strong and clear usecases ensuring that its value isn't merely driven by speculative trading as is common among memecoins, this is essential to pussfi success in this endeavor and ofcourse we have seen some real usecases and some plans put in place by the team, we have seen plans of nft market place and other decentralized applications by the team like gaming as well as other governance systems, this all would potentially enable or make the chances of pussfi imparting real world finance to soar.

It's really hard for any project wanting to succeed to do that without any usecase, even if a project were to lunch at $100 without any real world usecase it's only a matter of time before it's value would come crashing down, so adoption is necessary for pussfi to impact the world of finance and for that adoption to be a reality then it needs real utility, that much is certain.

Partnerships with Traditional Finance

Partnership too with traditional finance is a great way of ensuring a unique impact of pussfi to the world of finance, there are major partnership which could help pussfi in this bid and no doubt ensure that it's impact on the world of finance is notably felt, and one might begin to wonder just what kind of partnership could this for pussfi?

Well if we talk about partnership with the world of traditional finance we could be looking at Fintech companies or even the traditional financial institutions, this are some of the partnership which could potentially help pussfi chances of impacting the real world of finance, if pussfi were to partner or it's platform where to partner or form strong partnership with this traditional financial institutions then it would bode well for it as there are a lot of this it would enable it do.

It could help ensure that cross border payments as well as other minor or major micro transactions as well as remittance is done using pussfi's platform with it's native token $puss at the heart of it all, that surely would be wonderful and trust me there could be bo better way to bridge the gap that exist between the two worlds, that is cryptocurrency and traditional finance.

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Conclusion


In truth pussfi has shown it self to be different from other mem coins and have so far shown real potential snd ability of wanting to be here for the long term but there are some things it had to combat and needs to do in other to solidify itself as a major cryptocurrency and potentially impact the world of finance which I believe to the best of my abilities I have carefully enumerated in my article.

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