CRYPTOCURRENCY AS AN IDEA IS VERY YOUNG. SHE EXISTS A LITTLE MORE THAN 7 YEARS. BUT IT IS ALREADY OBVIOUS THAT IT IS FIRM INTO OUR LIFE, BECAUSE IT HAS UNDISPUTABLE ADVANTAGES OVER REGULAR MONEY, SATISFACING SOME OF OUR NEEDS MUCH MUCH EFFECTIVELY!
DO YOU INTEND TO IMPROVE YOUR LIFE WITH CRYPTOCURRENCY?
Cryptocurrency itself has no value. This is a virtual product, a set of specific code. Its value manifests itself only when people appear for whom it provides new conveniences from its use. Therefore, everything in the cryptocurrency industry is driven by the desire to create these unique conveniences and benefits. And the more there are, the higher the value of the cryptocurrency will be, and the growth of the coin’s value directly depends on this.
The head of OneCoin, Ms. Ruzha Ignatova, has a vision to make OneCoin the most popular cryptocurrency in the world. Popularity itself has many parameters, but it is inseparable from the ways cryptocurrency is used in real life.
How can the OneCoin cryptocurrency be used to get people around the world to say, “Cool! It is very convenient and practical! I’ll use it too! ”?
I’m sure the methods below are not an exhaustive list. As the idea of cryptocurrency develops, more and more new ways of using it will appear. But you have to start somewhere.
I got the following list:
1. Payments in payment for goods and services within a single trading platform
The marketplace is currently in the process of being created. OneCoin plans to launch it into pilot operation in June 2016. At the initial stage, up to 150,000 online stores and trade associations from all over the world will be connected to this site. Now there is a very complex process of integration and testing. All calculations and currency conversions will go through our OneExchange! When this marketplace goes live, it will attract huge additional worldwide attention to the OneCoin cryptocurrency. A serious acceleration in the growth of the number of participants in this project is predicted! In the future, the number of traders on this site will increase many times!
2. Money transfers
International remittances are an obvious yet massive space for OneCoin-based innovation. Every day, hundreds of millions of low-paid guest workers work in difficult conditions to earn money for their families back home. They send money to their families to support them financially, totaling the equivalent of over US $ 400 billion annually (according to World Bank figures for 2014). And every day, banks and payment systems (such as Western Union) rip off these poor people, collecting staggering fees from them, up to 10 percent of the transfer amount, and sometimes even higher – just to send this money to their families.
Moving to OneCoin for these remittances, where there will be little or no transfer fees, will dramatically improve the quality of life of both migrant workers and their families. In fact, it’s hard to think of anything else that would have a faster and more positive impact on the lives of so many people in the world’s poorest countries.
3. Access of billions of people to the modern economy
In addition, the OneCoin cryptocurrency can become a powerful force that will lead many more people around the world to participate in the modern economic system. Indeed, only about 20 countries of the world have universal access to modern banking and payment systems, and the remaining 175 countries are still very far from ideal in this matter. As a result, masses of people in many countries are excluded from the circulation of products and services that the West takes for granted. The OneCoin system, as in the future a global payment system based on this cryptocurrency, can be used by every inhabitant of the Earth anywhere at any time. And it can be a powerful catalyst for expanding access to the benefits of the modern economic system for almost everyone on the planet.
Even in the United States, a long-debated issue is the extremely high fees that financial institutions impose on non-bank customers for access even to basic financial services. Cryptocurrency OneCoin can be used to finally solve this problem once and for all by providing cheap access to modern means of payment to people outside of the traditional financial system.
Micropayments, or ultra-small payments, can be an equally impressive area of the nearest application of the OneCoin cryptocurrency. Despite 20 years of attempts, to date, micropayments have not become practical – because small payments (from one dollar and below) are elementary unprofitable due to the fees of existing banking systems. The fee structure of these systems renders any form of micropayment unviable.
With OneCoin, this can be very easy. OneCoin coins have the graceful ability to divide up to eight decimal places. Thus, you can specify an arbitrarily small amount of money, for example, a hundredth of a cent, and send it around the world for free or almost free of charge.
Think, for example, of monetization schemes. One of the reasons why media outlets such as newspapers, for example, are struggling to survive right now is that they have to either charge readers for everything at once (i.e. charge subscription fees for all of their content) or not. for what (to give all content for free, but at the same time annoy readers with terrible advertising banners – after all, someone has to pay for quality content). None of these paths can be called completely satisfactory, and all intermediate solutions do not give a special financial effect. With OneCoin, it can be possible and economically viable to ask for arbitrarily small amounts of money per article, or per section, or per hour, or for playing a single video, or for accessing an archive of articles, or for delivering hot news.
Another potential use for OneCoin micropayments is to combat spam. Future email and social media systems may refuse to accept incoming messages unless accompanied by a tiny OneCoin payment – small enough for the sender to barely notice, but large enough to prevent spam. Spammers, who today can send countless billions of spam messages absolutely free of charge and with complete impunity, will suddenly have to pay real money for this mailing, and the severity of this problem will decrease by orders of magnitude.
5. Crowdfunding and fundraising
Finally, crowdfunding and fundraising can be another interesting application for OneCoin cryptocurrency. Such a precedent happened in 2014 with the example of BitCoin. A casual spectator at a sports event raised a poster with a QR code and the text “Mom, bitcoins come!” In front of the cameras. During the day, he received $ 25,000 in bitcoins – from people he had never met at all. This is the first time in history when you can see someone asking for help – in person, on TV or in a photo – and simply send them money with two clicks on your smartphone: scan the QR code in the image and click the Send Money button “.
In the coming years, the events surrounding this new technology will undoubtedly be exciting!
Of course, there are still many regulatory and legal issues to be resolved, as no country’s regulatory frameworks for banking and finance are fully prepared for this technology. Cryptocurrency OneCoin does offer the opportunity to radically rethink and restructure the way the financial system can and should work in the Internet age. At the same time, it provides us with a catalyst to change this system in such a way as to give more opportunity, convenience and flexibility to both businesses and ordinary people around the world.
I am sincerely convinced that the potential of this unique idea will unfold before humanity in all its glory in the coming years. It will seriously suppress the dominance of banks and create a powerful alternative to them. We live in a world of high speeds and instant decisions! Anything that does not correspond to this is doomed to extinction! New players are entering the world arena who will remove many unnecessary conventions from our lives and create conveniences that cannot be overestimated. And one of those players is undoubtedly OneCoin.
DO YOU PLAN TO USE THESE NEW CONVENIENCES TO RAISE YOUR LIFE TO A COMPLETELY NEW LEVEL?