Yes if we're realistic most crypto coins won't ever be accepted as payment vehicles. That would be the best use case hence the term in it currency. However for the most part it's just a way to speculate or hold the market at a value until you can get back to speculating which is the real purpose of a stable coin instead of being a payment system.

Speculation is not a use case outside of a gambling casino, lol. So my theory is that projects here like bitcoin myk and bbd coin have the missing link. So i'm incentivized for 2 reasons to use fiat currencies..

Reason number 1

Wide acceptance. it's valuable because every merchant will take it as cash. is hbd or hive widely accepted? absolutely not. So for the most part it's a worthless payment token which then means doesn't really have a use case unless i want to tip someone for a blog

Reason number 2

The next part is i'm incentivized to use it because it's less risky to keep my value there. So if you go to work or you have some priceless item you just sold. The cash conversion will be one in which you want to hold that value atleast long enough to spend it. So just for example i sell something for hive.. okay i can maybe convert it to cash if the market of the good isn't too big hence enough liquidity. However it would just still be more wise to convert it for some fiat currency.

So incentive wise bitcoin myk and bbd coin gives people the citizen's dividend from the fee structure. meaning at some point in the future most people would opt to use it because the network itself values your acceptance of it. So to have significant payment systems and gateways meaning to other products, services and or merchants. These people would need to be incentivized to hold the wallet to accept the currency that's why foundations in crypto often times setup workshops to incentivize businesses etc., to use their currency and we do the same through the citizens dividend.

Doge coin has more value than hive or hbd but even in having more value people will never get beyond it's not a currency or payment system and because it holds value.. holding value as an aset in this regard has less holders which means it has less payment gateways to make it the most effective currency.

So in other words how do you get the wallet holders if you can't get them now in an oversaturated cryptocurrency market where several coins are doing the same thing but are more valuable and more secure ... so where do you standout? The answer so far is you don't.. you don't have the citizens dividend or a way to bring in and incentive new users.. Paypal had a big campaign that gave people free money the first several years to use the system.

So if i can'r even relay simple ideas like this for you all to take a look at products like bitcoin myk and bbd coin on hive. I don't quite understand how you all believe you're going to build some game or otherwise that's going to get people accepting hbd.. i just don't think it works that way .. i think you all misunderstand the difference between a currency and high risk speculation projects with nothing unique to them or groundbreaking

Posted Using LeoFinance ^Beta