Seamlessly transition between traditional fiat and cryptocurrencies using Oobit Direct
Cryptocurrencies have received many labels in its 10 years of existence. It’s been called a digital asset, decentralized currency, safe-haven investment, money laundering instrument, tool for the unbanked, 21st-century gold — the list is endless. We love to portray Bitcoin with headlines such as “Central banks hate this!” or “Can bitcoin replace the US dollar?”
The reality is that fiat currencies are not going away any time soon. Moving from fiat to Bitcoin has never been a one-way transition — people get in and out of Bitcoin just like every other type of investment or asset. And like every other relationship in the world, it’s a give and take — Bitcoin isn’t ready to be the replacement for fiat (owing to both technical and pragmatic reasons), nor would it still be as important as it is today should traditional fiat currencies not exist.
Here at Oobit, we think that in the next 50 to 100 years, fiat currencies will gradually be interwoven with and upgraded to serve the public in the same way Bitcoin and blockchain technology has done. Governments are already looking at how to integrate the decentralized aspects of these currencies in a safe and secure way — it seems oxymoronic to leave decentralization in the hands of those who pursue centralization. Unfortunately, the status quo of the economy and financial systems powering the world today necessitate currency control measures, and governments may not be willing to give this up any time soon. Nonetheless, we should not confuse this issue with the potential digital improvements that blockchain technology and crypto brings to the table.
We do not want to just mindlessly parrot the “decentralization movement” narrative but bring cryptocurrency access to our users in a reasonable and convenient manner. By exposing users of traditional fiat currency to cryptocurrencies and giving them a safe, secure, and reliable way to trade between the two, we build up a strong foundation to show users the benefits of blockchain. And we have to do this in a way that is seamlessly tied into the existing financial infrastructure.
This inevitably means one thing: users MUST be able to use whatever digital payment methods they have previously been using to purchase Bitcoin or any cryptocurrency. Oobit Direct is the straightforward answer: a low fee, extremely fast way for users to pay using their credit cards, and get access to cryptocurrencies instantly without complicated procedures. All that stands between you and that tasty crypto is our industry-first 20 second KYC process and a “buy” button — we’ve made it so easy that even your grandmother could use it!
Don’t take our word for it — we think that Oobit Direct is a game-changer, and want you to try it out. Head on down to the Oobit Direct portal and click away. No matter if you like it, or think there’s room for improvement, simply drop us an email with your comments — your feedback is critical to help us in our mission of bringing cryptocurrencies to the masses!
