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How Purse.io Is Helping Global BCH Adoption ?

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Avatar for Ashma
Written by   471
1 year ago

We all are facing the same issue whether you live in Africa, America, Asia or anywhere on the planet earth, can you guess the issue ? Yup, you guessed correctly, Corona virus !! But that subject is out of my reach so I'm talking about the corruption in our governments and administrations. Some countable illiterates (I mean it !!) are making decisions, laws and policies which directly affects millions of lives including you and me. The solution for corruption and to minimize the effect of those worst policies cryptocurrency and blockchain are the solutions. And to take us that decentralised society where every voice has it's own power and rights, to make it happen we've to make crypto globally adoptive. So with that same vision a group of genius people with tremendous humanity are running a project which is helping crypto specifically BCH & BTC globally adoptive and that project is Purse.io

In this article we'll explore some awesome features about purse.io, their vision and a twist !!

What Is Purse.io ?

The Purse.io is a platform which allows you to name your discount while shopping on Amazon, that's great, isn't it? The vision of the project is to make crypto useful, make their usages in our normal life and stop looking at cryptocurriencies just as an investment option & start to look at it as a currency which can be traded for goods.

Currency : Bitcoin & BitcoinCash

Started : 2014

Lightening fast savings

Under this section you get 5% discount on your Amazon shopping. You can expect the fastest order and delivery time as possible. The Purse.io itself handles the orders and other details.

Name your discount

If you're not happy with 5% discount and want to customise the discount then you can do it here !! Yes, you choose how much you want to save. But since the orders under this section are fulfilled by the earners - individuals who are wishing to exchange their Amazon gift cards with cryptocurriencies. For this kinda of orders you've to wait for little longer as it completely depends on the uncertain entity, which is a third party service provider.

Earn With Purse.io

Done with shopping ? Well it's probably time to earn some Bitcoins or BCHs, you can also do that with Purse.io. If you've some unused Amazon gift card and want to exchange it for BitcoinCash then you've to go and complete the available orders under 'earn' section, fill all the information appropriately and boom, you got your BitcoinCash at the best price.

Confused ? Checkout this support article by Purse.io

Twist

Few months earlier, the company announced that there are going to close the company & return the capital to their investors. The decision wasn't taken due the financial reasons like running out of money or going bankruptcy but was driven by the thought that there's nothing to do further ! As lots of institutional and individuals are holding their Bitcoins & BCHs into their wallets without using it as a regular currency. The company quotes :

"Bitcoin doesn’t need further development or use cases if it’s just for institutional HODLers."

As soon as they announced this closing decision to the world, numerous people around the world were writing them 'not to close' as many of them written that they would not survive without Purse.io as they're un-banked. Others told how they survived because of Purse.io when Venezuelan chain supply collapsed.

Soon after getting so much messages, the Purse.io team realised that even if the whales and the institutional entities are HOLDing Bitcoins & BCHs, there's still a vibrant community that depends on using Bitcoin & BCHs as a real currency. The company quotes :

We finally realized HODLers on Twitter were too wealthy to care about saving 15%+ on Amazon.

After getting so much of affection and love from the users, the company finally decided that they aren't closing, they're going to stay here & explore their vision !!

Final words from CEO Andrew Lee at Purse.io

Instead of closing Purse or selling the marketplace, we came up with an exciting roadmap doubling down on our commitment to serve our customers. Purse is here to stay.

So readers, this is the motivational story of Purse.io, to know more about the project or trying it out visit their official website : https://purse.io


My Previous Articles :

1) What Are The Ways To Earn BCH ?

2) Reasons Behind The Origin Of BCH

3) What Is IOTA : The Backbone Of IoT ?

If you want to get notified for my future articles subscribe @Ashma

Thanks for reading...🙏🙏

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Written by   471
1 year ago
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Comments

That's good they are accepting Cryptocurrency while shopping. Hopefully in here too.

$ 0.00
1 year ago

Yup, I think Philippines is included in their services

$ 0.00
1 year ago

wow really? 🥰 but I'm saving😅

$ 0.00
1 year ago

Nice article

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1 year ago

Thanks 🙏

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1 year ago