In 2013 there were less than a million crypto users and probably none of them was thinking Bitcoin will reach over $50,000 in valuation in the same decade after it has been listed publicly. Today we have eighty times the number of users of the year 2013, but who is still able to remember what was Bitcoin created for, or has read the white paper...
Blockchain technology is never the less highly penetrating and cryptocurrencies are more than revolutionizing.
Coinbase, although a centralized crypto company is "putting the shoulder" for the mass adoption of cryptocurrencies and their latest and greatest is this new feature: "Coinbase will enable direct paycheck deposit of all or part of their paychecks in crypto or dollars without a fee".
Yes, you read that right, if you're a US citizen you can deposit part or all of your paycheck directly to Coinbase and gamble with it over there :D, or use it smarter and earn some decent interest on it or invest it in cryptocurrencies. It's your choice after all. The feature will likely be launched during the fall of this year and imo it's another block-busted worthy crypto transformation.
“Coinbase is building a one-stop shop for crypto-based financial services. Our goal is to enable everyone to get more out of their money with the power of crypto – from getting your paycheck in crypto, to generating yield on your assets, to spending your crypto and beyond – all from a single account. Cardholders will be able to earn 1% on dai tokens or 4% on amp or rally tokens. They can already earn 1% on ether, dogecoin and bitcoin, and 4% on the graph and stellar tokens."
-VP of Product Max Branzburg source
I'm no US citizen and neither do I am a monthly paycheck employee, but if I were in the position of being both of the above I would definitely opt for the new feature of Coinbase. Why wouldn't you do that? Is a bank safer or better rewarding option for holding your paycheck than Coinbase?...
Block-busted comes from industries/technologies that are simply busted by blockchain technology and it's actually how a post of mine from a few days ago was titled. I like how it sounds and I love how blockchain technology is in the works of radically changing the world for the better.
Have you heard of Secretum though?
If not, you should know that it is a Solana blockchain messaging app that's actually "more than a messaging app".
Secretum is the world’s first and only decentralised, encrypted messaging and OTC trading Solana Blockchain app. Secretum creates a completely new ecosystem allowing all crypto and Blockchain asset owners to:
- Communicate directly and anonymously by messaging/phone/video with any other wallet owner in the world, based only on wallet addresses.
- Trade crypto assets and tokens crypto P2P via an integrated ESC (escrow smart contract) functionality.
- Make communications, file storage, and transactions secure from hackers and government interference via a decentralised distributed node network.
- Receive rewards for app use and content creation, in addition to paying for additional services/subscriptions, via the SER token.
- Allow users to offer premium content on public channels to other platform users, in exchange for payments via the SER token.
Using this app, if it will of course deliver what it's being advertised for, then we can say we will finally have the ultimate Telegram, the best and probably safest trading app, have access to a similar decentralized file storage option similar to what the SPK network should be and another way of monetizing content on the blockchain, all in one. A lot to be busted with it, that's for sure...
I was thinking today that there is so much happening in the world related to crypto and we're finally seeing the fruition of years and years of development somehow conducted in silence and digesting all this stuff on a daily basis it literally takes hours. On the other hand we have analysts trying to predict and read every move of Bitcoin's price with little to almost no success seemingly ignoring the best part of crypto.
I don't get what's the point of even trying to do that right now. Isn't it clear where we're heading? Then why all the day and night hustle in that regard? This thing is here to stay, it's an idea who's time has come and there's nothing we can do about it, but make the most out of its capabilities. Enjoy it!
Oh, I almost forgot to mention, my favorite mayor in the world, Francis Suarez who has once rwteeted a Leofinance post of mine is issuing a proposal to pay employees in #Bitcoin. See ya...:D
Thanks for attention,
Adrian
