Cryptos vs traditional fiat currency

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Crypto Economy

The biggest problem for cryptos vs traditional fiat currency is that no-one is getting paid in cryptocurrencies. When people don’t get paid in cryptos, they don’t spend in cryptos.

What we need is a true crypto economy: a place online where people can offer their products and services and get paid in crypto.

The major hurdle here is, why would anyone prefer Bitcoins or Ethers over Dollars they know and can spend? There is way too much friction with cryptos and there is no real value-add.

In order for a new system to replace an old system, it needs to have major advantages. Currently, SeedToken.io is working on creating a crypto economy with some major advantages.

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