Hello Divi Hodlers.
I just got an idea.
I was reading an article about crypto adoption…and got an idea for phasing in crypto into daily usage.
To make the 99% go from fiat to crypto may take longer than we did like.
It will come in phases as we already see.
To speed this up the crypto space could use the strategy to start using crypto as a secondary currency to fiat to build trust.
To make adoption go faster it hit me crypto could be used as bonus points/a secondary currency you earn when buying daily goods.
This would 1. Introduce crypto to the 99% because everybody will have some Divi in a wallet on their mobile. So they are “exposed to crypto” . 2. Gains trust in crypto by learning what it is so it won’t feel alien and dangerous any more 3. Let them get used to the volatility and learn it won’t “crash”. 4. They will ultimately be ready to take the next step and invest in crypto currency as a store of value ( savings ) or for daily use in speed with the growing use cases/merchants who take crypto as means of payment.
But the road to crypto everyday usage and merchant adoption in a serious way to take over or be equal spendable as fiat is through phases/steps and getting crypto into as part of a bonus program would be a perfect way to get crypto to the masses in a serious way! Next step would be crypto on equal feet with fiat and then fiat as a secondary currency worldwide in maybe 25-50 years. Or if all fiat crashes with the Dollar/Yen/Euro/Ruble it will happen before that. Maybe the gold standard comes back but won’t be a serious threat to crypto. Even the gold standard in fiat will be centralized and controlled by governments and banks and will be an inferior means of money.
The challenge is to find stores/chains who want to be part of this. But it is possible, but will take some work. I assume it will pro crypto businesses that would be willing to use this crypto bonus points system as a stepping stone to 100% crypto payments. Thinking like 1-2% in Divi as bonus points. Not much but enough to build trust. And it can 10x and 100x haha. Now we get into greed, fomo and gambling tricking the mind for more. But I would say it is positive to gamble buying Divi. I my self is guilty of this. For the best of the world and my self as wholehearted investor.
I wish you a good day