facebookAs fiat is so ingrained in daily usage, spending cryptocurrency usually involves transaction and conversion fees. Do you think this inefficiency will prevent the adoption of cryptocurrency? - Seedly

Huanc

26 Aug 2020

โˆ™

SeedlyTV

As fiat is so ingrained in daily usage, spending cryptocurrency usually involves transaction and conversion fees. Do you think this inefficiency will prevent the adoption of cryptocurrency?

SeedlyTV S2E09

Discussion (-3)

What are your thoughts?

Learn how to style your text

Alson Chia

26 Aug 2020

Head of Operations & Trading at Tokenize Xchange

The adoption of cryptocurrency takes time i suppose, however the underlying problem they definitely could solve is the remittence issue. Unlike traditional ways, transferring BTC or ETH is definitely faster and goes through 0 intermediaries which is definitely lesser transaction and conversion fees.

Write your thoughts