Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 440. (Read 3059029 times)

You know it's not all about the profit we could all get. I was thinking about jared's example on a conference talk if he genuinely meant it. He said something like; he does not want to pay for his coffee using bitcoin that's why he created digibyte. The issue im seeing is in real world application cheaper coins(with a lot of coin supply e.g. digibyte) can do more buying(transactions) but sadly, no one yet has created a system to harness the power of cheap coins. Like for example a payment system that can put a price tag on a cup of coffee. Jared's problem is no one want to use digibyte on a real worl business as "Mode of Payment" and sell things. Digibyte is not growing because traders are the only ones driving the digibyte economy. No real world business is using digibyte on a large scale. I like digibyte because it shown us a sideways trend for two years, and still the price haven't change much. If jared could develop a payment system for retail businesses or a money transfer system and sell it to businesses instead of catching banks to invest on digibyte economy, I will be more proud keeping more coins because it has a "real world use".

Im imagining a practical application like, like the banks, they offer money transfer to send money to a mobile number without linked bank account on it. To use it, a sender must have a bank account and he/she could target the recepient's mobile number, then the recipient will be notified tru sms that the sender sent xxx.xx amount of money that can be withdrawn on an atm(cardless withdrawal) .

In that example instead of a bank, we as small business operator could accept someone else's fiat remittance and send an equivalent number of coins to an operator's wallet address who also accept and convert coins to fiat nearest to the recipient. The sender will provide the transaction id or a unique transaction identifier to the recipient so he/she could claim the fiat to the operator. Jared's team will do the system and marketing for this remittance model and we the operators will buy bulk numbers of digibyte as capital.

Bitcoin wallet company coins.asia is implementing a similar concept now but they are more focused on person to person transfer similar to digibyte tipping and partnering with banks for cardless withdrawals.

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anyway this is just an idea that i'd like to share because you are now all thinking that Jared is not acting for his promises. But have you imagine the case? You might think (or..you already believed) he is bluffing because you can't see anything progressive. Owning a coin will not give us dividend so we are complaining about the current condition we are all in right now(low buy, stable price, etc.. No profit for us!). "If we could only use what we have in possession right now" that's what I'm saying. We could make more instead of waiting for the digibyte's moon rocket if we have a real world use for this coin.