If There Is A Cryptocurrency That Can Replace Your Bank And Paper Money Would You Make Use Of It?

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Avatar for dep2001
4 years ago (Last updated: 3 years ago)

The endless possibilities and opportunities that cryptocurrencies and blockchain technology presents to our modern world excites me.
And in recent times, I have been thinking of creating a new blockchain and cryptocurrency that has the potential and use case to replace our traditional banking systems and even do away with paper money altogether, by simply harnessing the technologies and gadgets the whole world is already conversant with.


I wouldn't like to disclose the full details here.


But my question is this: Would you as an individual, replace your bank account and your paper money with a cryptocurrency that is secured by you yourself and which allows you to pay anyone, anywhere, anytime?

Your contributions are welcome and by making such contributions, you grant me irrevocable rights to use such contributions for research purposes. Thanks.

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Comments

You're are motivated to create your own coin or token that can replace fiat currencies and perhaps bank transactions. "I will adopt it provided it can totally topple BCH".

$ 0.00
4 years ago

You can easily create your own cryptocurrency by creating an SLP token. You can do this very easily for example using memo.cash:

https://news.bitcoin.com/creating-your-own-slp-based-token-using-memo/

or here:

https://mint.bitcoin.com/

You can use the SLP token comfortably with wallets like bitcoin.com or badger wallet.

$ 0.00
4 years ago

This is quite interesting; I will look into it. Thanks.

$ 0.00
4 years ago