Aug 24, 2017 · 1 min read
Why couldn’t banks become hubs that also exchange fiat into crypto and crypto back into fiat using (say) TenX, so that everyone can just start using eMoney?
If this can be done, why not have banks create eFiat on a blockchain (so the eFiat is in control of the person and not the bank) in each country and have people use (say) TenX to pay directly for any goods or services in any country in any eFiat based on the daily exchange rate set in the normal currency market, but without incurring the usual fees, and without the need to go in and out of other crypto (with the fees that now incurs), while also avoiding the big swings in valuation of most crypto that normal businesses and most people cannot accept?
