mymenace (OP)
Legendary
Offline
Activity: 1596
Merit: 1061
Smile
|
|
January 09, 2014, 10:17:37 AM Last edit: January 09, 2014, 07:47:02 PM by mymenace |
|
The catch phrase of the next generation, instead of do you have any money it will be ... Do you have any crypto?
If crypto replaces money
Kids will be going shopping with crypto and the various denominations.
Industry coins Gamecoin Toycoin e.t.c.
Company coins Starbuck coin Apple coin e.t.c
Utility coin Electric coin Gas coin e.t.c.
all backed against the bitcoin (like gold is to money or the current currencies are to the US dollar)
is this where we are headed
comments welcome
I postulate
1. As money has different denomination backed against (...) so will altcoins be backed against BTC e.g. All businesses will accept Bitcoin and using my crypto wallet my altcoins total a bitcoin amount which I can use to purchase
2. If crypto takes off a companies value such as stocks or sales will be based on social acceptance and customer relations of their coin e.g. My company will accept payment with your coin as we have a good business relation e.g. I work for "COMPANYNAME" and i get paid in "COMPANYNAME" coin therefore I would like to see "COMPANYNAME" coin increase against the bitcoin
3. Certain communities will back certain coins increasing their value e.g. No longer will a company increase value based on stock or sales but on adoption of their crypto
4. Industry coins will be used by businesses who do not have a company coin and increase in value on the success of that industry
again this is only theory and am only speculating
|
|
|
|
|
|
|
|
The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
CaptainBeck
|
|
January 09, 2014, 10:21:45 AM |
|
They arent all backed by BTC, they would all be backed by the miners who are maintaining the blockchain for these coins.
|
|
|
|
ipsum100
|
|
January 09, 2014, 10:24:21 AM |
|
I think not, be born as a service coin will contain all cryptocoin ?
|
|
|
|
NUFCrichard
Legendary
Offline
Activity: 1218
Merit: 1003
|
|
January 09, 2014, 10:26:17 AM |
|
I imagine I will go into a McDonalds with BTC, LTC, QRK, XPM and PPC wallets on my phone. I will want to buy a burger, but I don't have any burgercoins, so I trade for burgercoins, but I want a drink, so I need drinkcoins, and fries, I need friescoins!
That appears to be the dream of the Alts forum! Or just one good fast secure fair crypto would do...
|
|
|
|
CaptainBeck
|
|
January 09, 2014, 10:32:36 AM |
|
I imagine I will go into a McDonalds with BTC, LTC, QRK, XPM and PPC wallets on my phone. I will want to buy a burger, but I don't have any burgercoins, so I trade for burgercoins, but I want a drink, so I need drinkcoins, and fries, I need friescoins!
That appears to be the dream of the Alts forum! Or just one good fast secure fair crypto would do...
Or maybe not even the coins themselves maybe a wallet provider, abit like visa or mastercard. Thou a fast confirming crypto so u can pay and seconds later its all confirmed and moved would be lovely, but not gonna happen for a while it seems.
|
|
|
|
mvdheuvel1983
|
|
January 09, 2014, 10:41:24 AM |
|
I imagine I will go into a McDonalds with BTC, LTC, QRK, XPM and PPC wallets on my phone. I will want to buy a burger, but I don't have any burgercoins, so I trade for burgercoins, but I want a drink, so I need drinkcoins, and fries, I need friescoins!
That appears to be the dream of the Alts forum! Or just one good fast secure fair crypto would do...
Gonna buy myself some toiletpaper with crapcoins Or maybe i'll just wipe my ass with the crapcoins themselves
|
|
|
|
shai_
|
|
January 09, 2014, 10:49:23 AM |
|
I imagine I will go into a McDonalds with BTC, LTC, QRK, XPM and PPC wallets on my phone. I will want to buy a burger, but I don't have any burgercoins, so I trade for burgercoins, but I want a drink, so I need drinkcoins, and fries, I need friescoins!
That appears to be the dream of the Alts forum! Or just one good fast secure fair crypto would do...
Gonna buy myself some toiletpaper with crapcoins Or maybe i'll just wipe my ass with the crapcoins themselves crap paper wallet
|
|
|
|
mymenace (OP)
Legendary
Offline
Activity: 1596
Merit: 1061
Smile
|
|
January 09, 2014, 07:44:29 PM |
|
I postulate 1. As money has different denomination backed against ( ) so will altcoins be backed against BTC e.g. All businesses will accept Bitcoin and using my crypto wallet my altcoins total a bitcoin amount which I can use to purchase 2. If crypto takes off a companies value such as stocks or sales will be based on social acceptance and customer relations of their coin e.g. My company will accept payment with your coin as we have a good business relation e.g. I work for "COMPANYNAME" and i get paid in "COMPANYNAME" coin therefore I would like to see "COMPANYNAME" coin increase against the bitcoin 3. Certain communities will back certain coins increasing their value e.g. No longer will a company increase value based on stock or sales but on adoption of their crypto 4. Industry coins will be used by businesses who do not have a company coin and increase in value on the success of that industry again this is only theory and am only speculating
|
|
|
|
mymenace (OP)
Legendary
Offline
Activity: 1596
Merit: 1061
Smile
|
|
January 17, 2014, 10:22:15 PM |
|
I imagine I will go into a McDonalds with BTC, LTC, QRK, XPM and PPC wallets on my phone. I will want to buy a burger, but I don't have any burgercoins, so I trade for burgercoins, but I want a drink, so I need drinkcoins, and fries, I need friescoins!
That appears to be the dream of the Alts forum! Or just one good fast secure fair crypto would do...
Or maybe not even the coins themselves maybe a wallet provider, abit like visa or mastercard. Thou a fast confirming crypto so u can pay and seconds later its all confirmed and moved would be lovely, but not gonna happen for a while it seems. CoinsManager, coins wallets manager https://bitcointalk.org/index.php?topic=400704.0
|
|
|
|
elixir
|
|
January 17, 2014, 10:59:06 PM |
|
maybe the phrase Alt will become popular. "which alt will you be paying with sir".
cryptocurrencies are so cheap to transfer if you want to pay for something. look at paypal, they charge you 3.8% of the amount you receive and may charge more if a currency exchange is needed.
|
OPEC oc2E9cQ4StgaMW2a18pKuZGe5h9RZdLL9c ✪ Non nobis solum, sed omnibus! - Franko ✪ Ɖ ~ DSNJ49NdZM4KjLHfPSYEGWKRn7wSC4bWqi
|
|
|
|