ecurrencyhodler
Aug 24, 2017 · 1 min read

All very good points. I believe the issue you are tackling is adoption. The system you described could be one strategy a company like TenX could strive to do that. But it’s difficult to get banks on board because cryptocurrency is so new.

One thing to consider is that there are companies out there that exist to specifically help businesses integrate cryptocurrency into fiat. Two examples of these are Coinbase and Coinpayments. The help businesses receive crypto and exchange them out into fiat through a process called “daily sweeps.” This ensures that the crypto they receive is not subject to the volatility of the market.

We are still in the very beginning stages of cryptocurrencies and the road to adoption is a bit far but achievable.

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    ecurrencyhodler

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    Call me "E" for short. I write to learn. Follow me on Twitter: @ecurrencyhodler