Will there be a race for all the coins to have merchants to accept these coin to purchase. You have e-wallets, now why not have e-merchant-wallets. It be a special merchant account wallets, where it take in purchase in the coin and record as such.
That would be interesting. New startups can put there online presence in Wyoming but sell all over, and be legal to do so. Or, they can start crypto economy in Wyoming to buy and sell products. This can be an experiment in total to remove paper money and use your smart phone as a e-wallet. Image if you can do this, you can use your smart phone to pay tolls on the highway, use to pay for movie, train, taxi and etc. The ways may be so many. Pay someone on tv or online through the phone via scanning the barcode. As long as you register your e-wallet with the municipality they should be able to do it. That could be the same with merchants.
** Disclosure This blog is based on my opinions. I am not giving professional advice. Anything written here should be taken as an opinion and is the responsibility of the reader to take due diligence as such. Basically saying I may be wrong, right or neither, just saying its my opinions and my voice.
This a good idea, I hope that Cryptocurrencies will achieve this feat some day.
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