For the crypto industry, attracting the next 100MM consumers to start using tokens as a currency is going to require simpler access methods.
The current process of exchanging from a fiat currency (e.g. dollars) to any crypto currency (e.g. Bitcoin), is a multi-step process, with lots of obstacles.
“We, here at the Theodor project, are on it! We’re the only blockchain company with equities offerings qualified by the S.E.C. We’re out from under the regulators, and ‘going commercial!’ Thanks, Ian.”
“This is very true. Everyone keeps making new cryptocurrencies (stablecoins, utlility tokens, etc) but none of them are solving the underlying problem of a complete lack of fiat on-ramps. The fiat on-ramps which currently exist are not integrated well and are too expensive to move back and forth from fiat to crypto. The integration of acceptance of crypto at major retailers doesn’t solve the underlying obstacles for people who make their money from outside the cryptosphere.”
