Just traded some hours between some exchange and crypto and got almost BTC for nothing. More precisely made from 0.08 BTC. It was fun. Later, exchanging crypto to real money and real money to beer I had some vision, how to make crypto mainstream... ot let's say more usable. I was watching BTC/BTQ market at C-Cex exchange and thinking about BTQ future, after very very long waiting for real money to arrive...
Visa » Gross Profit : $10.67 billion (12 months ending Jun 30, 2014)
Gross profit is Net Sales, or Revenue, minus the cost of goods sold.
* - from
http://www.wikinvest.com/stock/Visa_(V)/Data/Gross_Profit* - Let's see VISA as example
VISA is just payment platform, with currencies-as-plugins. Very old and faulty, deffective platform. Very slow operating (try to send some money to other continents and let's see when they really get the money) and time consuming. Everyday massive card fraud, identity theft etc...
Today's world needs better platform.
Today's world has better currencies. Better currencies don't have value, because they don't have platform where to function currencies-as-plugins and obtain some value, stability and perspective.
Who needs cryptocurrency? I don't need. I have cash, Visa, Mastercard, local bank debitcard and can get Americanexpress the moment if I need. If I someday some reason need to buy drugs or arms, I buy for cash, everything other is too risky, including crypto.
Who needs cryptocurrency with payment platform? I need. I prefer to pay for tickets, parking etc and to pay in supermarket and stores with fast, secure crypto through my NFC enabled mobile phone app. I can sell computers/components, cars, potatoes or whatever in any place with NFC enabled POS software installed to my mobile phone. I don't need to buy card terminals, printers and other stuff for selling/invoicing, just my mobile phone and app with some cryptocurrencies-as-plugins.
It is even possible to satisfy tax agencies and State with included invoicing, taxing and other features, which may needed for different States and Governments proper functioning. And it is possible to retain all anonymity, security, privacy and other things to preserve Human Rights.
What we got today? Some weird race for weed and drugs, massive pumps and dumps, abandoned cryptos, people really or pretending thinking they can stay alive and invent "new money" for buying drugs and tanks on the massive scale, not paying even taxes... I see the answer here is "almost nothing, just some initial beta-tested algoritms for future".
Auction Site is necessary step on the way, but there is need of wallet-POS-invoicing-taxing modular system on the way to grow and evolve to real usable currency. Yes, there is "little" some thousand billion real currency items contrapower (with fire) on the way to evolve... but one knows - with zen and tao, with patience and determination... there is nothing which can resist.
Nothing personal, just ideas to throw away.
( had well-known and studied impossible-coexistence-issue with ideas and beer inside... )
Jfk