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Samecoin.com. Discover why stablecoins are perfectly positioned for the next step in massive crypto adoption.<br><br>An ecosystem. A real one. Join Samecoin.com.
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Why are Stablecoins the Key to Crypto Adoption? samecoin.com
Stablecoins make cryptocurrency much more easy to understand -- for everyone. BTC and ETH have been becoming increasingly popular in recent times --- but only a few people understand their technology. A solution is needed that's easy to understand for everyone, not just the tech-savvy. That's why stablecoins are perfectly positioned and could be the next step in massive crypto adoption. samecoin.com
Why traditional cryptos are hard to understand There are plenty of restrictions and hoops to jump through when buying and using cryptocurrencies ---they're also hard to understand. Mass adoption requires a lot of reading or following the industry for some time. While more and more of the mainstream are starting to hear about crypto---they still don't understand it. samecoin.com
People are hesitant to use cryptos like BTC and ETH because they are so volatile. The volatility of BTC and acceptability for everyday purchases holds back mass adoption of cryptocurrencies. If you buy something with BTC, it could be worth loads more or less by the time the transaction has gone through. It's also hard to understand exactly how 0.0025 BTC is worth when you look at the price of an item you want to buy. Frank had a few Bitcoins he wanted to spend on some books from a digital bookstore. Frank struggled to understand exactly how much he was spending at any one time due to BTC’s price volatility. samecoin.com
When he saw the quoted price of 0.0005 BTC for the books he wanted, he was confused. He had to get his calculator out to work out exactly what this meant in a currency he understood (USD). The actual price he paid in BTC had fluctuated even more, meaning his books cost a bit more than he thought they would. It’s issues like these that are putting off people like Frank, and people like you, from using BTC for everyday purchases. samecoin.com
Why stablecoins could be the answer With stablecoins, users know exactly how much their cryptos are worth, so are much more confident when using them for purchases of goods and services. They get the benefits of a cashless digital currency without the drawbacks. Most cryptocurrencies aren't really seen as currencies by people who hold them---they're seen as assets or investments. They could be worth a lot more in the future, so you wouldn't really want to spend them right now. samecoin.com
The next big leap towards mass adoption by the mainstream is to view crypto as everyday currency. You can be confident when spending that the value isn't going to fluctuate wildly---or that you're wasting a potential future investment by spending it now. SameUSD is tied to a strong store of value like other stablecoins that are pegged to USD, which makes it much more appealing to the mass market. Stablecoins are key to the mass adoption of crypto as a currency, rather than an investment or asset. Users get all the benefits of a digital currency, alongside the stable security that government-backed currencies offer. samecoin.com
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