Why the Fedoracoin Payment System is the best thing for cryptocurrency.

[theking7426]

As always feel free to fill me in if I am misinformed.

So the Fedoracoin payment platform is coming out soon and you are able to register already. I will not post a link in this thread. I would just like to let you know why I believe this payment platform is the best thing for cryptocurrency.

Basically it comes down to how the other payment platforms work.

Most of the crypto payment platforms, if not all, are connected to an exchange. Exchange rates are volotile so the rate is ever changing, leaving no stability for the value of a coin...for now at least, maybe in time will help decide the price.

The fedoracoin payment platform does not use an exchange.

This means it will actually give a solid value to the coin, as it is not being directly compared to an exchange to USD

Yes some people using such a platform will just change their prices daily to keep up with the market, but over time this is not reasonable, prices will be left and they will stabilize, giving the coin a value not according to exchanges.


Sure this means that you may pay "more" or "less" for an item depending on the exchange, but the point of crypto currencies is to use them as a currency, meaning you will not be trading to FIAT.

This type of payment platform is the start of crypto-currencies holding a real world value as opposed to an exchange value.

Comments??

[withfedoraco.in]

Thank you for your continued support, theking7426!

If anyone is interested, our home page is http://pay.withfedoraco.in/
The sign up page is http://dashboard.withfedoraco.in/

[BigMoneyShrapnel]

Personally, that sounds inconvenient imo, people are just going to have to adjust the rates daily otherwise one of the parties involved in the transaction won't be getting a fair exchange rate.