Farewell fo Fiat is around the corner. With programmable tokens (VSC), imagination is the limit, on how people will exchange information. That is money today, just numbers on a datasheet.
We already have tokens on Hive-Engine and we are only going to be offering a few of the high volume ones. Not sure where VSC is really going to do anything different. HBD is really what we have been trying to promote as a form of payment. Honestly really don't care about many of the second layer tokens at all for payments. HIVE and HBD suffice well. Then we have Monero, BTC and BCH, and other stablecoin choices on 4 different chains as options.
The possibilities of more advanced contracts are to have time-based tokens for timebanks, real-world based assets, actual Non-Fungible tokens etc. Instead of just a debit/kredit database like Fiat, or a virtual currency having the same name and about the same "value".
Surely many currencies are based on USD, like Euro, the constant inflation does go hand in hand with HBD. For simplicity it is a good option, but for people outside the US it can be confusing.
Internalization is a big thing in tech, one usual practice is to give the option to choose the preferred currency. Have been warching the project evolve for years, just giving ideas for the future.
We already have tokens on Hive-Engine and we are only going to be offering a few of the high volume ones. Not sure where VSC is really going to do anything different. HBD is really what we have been trying to promote as a form of payment. Honestly really don't care about many of the second layer tokens at all for payments. HIVE and HBD suffice well. Then we have Monero, BTC and BCH, and other stablecoin choices on 4 different chains as options.
The possibilities of more advanced contracts are to have time-based tokens for timebanks, real-world based assets, actual Non-Fungible tokens etc. Instead of just a debit/kredit database like Fiat, or a virtual currency having the same name and about the same "value".
Surely many currencies are based on USD, like Euro, the constant inflation does go hand in hand with HBD. For simplicity it is a good option, but for people outside the US it can be confusing.
Internalization is a big thing in tech, one usual practice is to give the option to choose the preferred currency. Have been warching the project evolve for years, just giving ideas for the future.
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