How BTCr can achieve mass adoption
Blockchain is a decentralized platform in which your information is with you only; the chances of information leakage are none in the decentralized system. In 2009, Banks invested money of their customers in subprime mortgages and eventually banks were defaulted. As a result of which thousands of people lost their money; to cater this problem, blockchain was launched in 2009 by Satoshi Nakamoto. He launched Bitcoin, a decentralized blockchain, that was a solution of financial banking institutions. The main purpose of launching Bitcoin was to empower the people by getting them to know the complete information related to their Crypto coins; cryptocurrency allows its uses of getting the full access of their investments. However, Bitcoin could no longer be succeeded due to its low supply and fluctuation in economic value.
A lot of projects have tried to increase user base of their respective coins but none of them has been successfully fulfilled the real objectives of Satoshi Nakamoto. Bitcoinreal (BTCr) is just launched which is going to solve all of the problems that are still being faced in decentralized blockchain.
Blockchain has done two things so far; decentralization and cheap transactions. One of the main problem that is being faced by Blockchain is mass adoption; how will people be using it as a normal currency? When banking sectors wanted to promote themselves, so they launched debit/credit cards by which cashless economy got mass adoption. Crypto coins are also cashless economy, but most of the crypto coins haven’t attained maximum mass adoption.
BTCr has come up with the solution of this problem after researching a lot; our firm will also be partnering with a number of crypto backed cards and will offer exciting discounts to merchants for using the cards and mostly BTCr as a medium of exchange. This will serve two purposes; 1) those who will be using crypto cards will automatically get to know BTCr as we will be offering free coins in initial months to increase circulation and 2) POS and card swiping will help in gaining mass adoption. The mechanism will be like normal one where users will get their financial statements at the end of every month. We have been in talks with number of merchants and retail outlet owners to increase acceptability of BTCr.
Furthermore, BTCr miners will also be given such crypto cards free by which they will be able to spend their bonus coins upon most of the renowned firms. Through mining, staking, POS devices and most importantly crypto backed cards, BTCr is aiming to achieve mass adoption by using all avenues.
