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RE: My problems with cryptocurrency

in #cryptocurrency7 years ago (edited)

Great questions there, I dont know the answers to 1 or 2 because I dont really use those type of wallets.
Question 3 I think its very good for small businesses to use crypto, you should definately advertise your tomatos for crypto, Id buy them. Advantage to you is the security of not dealing cash, and no card fees. Perhaps you could start educating your fellow farmers market stalls. Creating a micro economy in crypto at your market would be very interesting.

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The security issue is what started me looking in to crypto more seriously in recent months. I also find a great value in the idea of an international currency.

Agreed, no exchange fees is what we are looking for, for international travel and trade. Its just going to take time to get people onboard. Good luck @theoldguy.
One concept you might be interested in as a farmer/seller is the block-chain in supply chain; just as currency can be represented in a transaction, so in theory can your tomatos be. Imagine if at your market your customers could scan a QR code at your stall and see proof your tomatos were really from your farm, and see if your organic credentials are up to date (or whatever) and then link to your steemit account where you have some nice ideas for tomato soups. There is a company working on it https://www.provenance.org/