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RE: Not a good day to be an Altcoin owner...

in #steem5 years ago

They will bring a debitcard for spending directly from their accounts, to the end this year in whole europe. Starting with UK this month...
That would be again, a competive argument here in europe. In asia there are more offers, mostly mastercard and visa, already today useful. (crypto.com)
If it worldwide possible to spend directly your money, makes it a lot easier. Young generations have already today entrance and the older generations imagine slowly the advantages and benefits. And a debitcard connected to your wallet is a big one! That could be the tipping moment...

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Could be. I mean they may continue to dominate. I am just expecting that governments will make all the exchanges follow existing laws best they can. Which likely means exchanges that already are following all the laws will start to become more popular, I am talking like equity exchanges that start to focus on crypto. Fidelity, Ameritrade, and the like...

To ensure that nobody get fraud, this makes sense. The common user, with low experience has a better orientation. Future reglementations for cryptos, a whole different story. At the moment nearly effectless because of the national law systems, that can not prohibit decentral networks. It needs worldwide political standards, aproofing thousands of networks. Will take a long, long time... Good night fellow.

Yep, it will, though I think these other types of brokerages and exchanges will already have the trust of people which will help them take market share from the like's of Binance.