KakaoTalk to integrate a cryptocurrency wallet on app - page 2.

Sithara007

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Quote from: calya on April 04, 2019, 11:17:04 PM

and about government, south korea be the countries that care about crypto developtment.

The South Korean government doesn't care about crypto development. They only care about getting bribes from the crypto-users. What they did is unethical. First, they implemented a very relaxed regulatory regime on crypto. A lot of crypto-based companies moved to South Korea. Then they suddenly made an u-turn and adopted some very hostile measures.

Fredomago

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Quote from: shield132 on March 28, 2019, 02:40:50 PM

Guys don't get so excited, before posting just read article, as it seems they have only discussion around it, they don't know whether cryprocurrency will be added or not.
But since whatsapp plans to add crypto, I think Kakaotalk will follow then too, just don't want to get rumors in attention.
Btw in any way it's good, you can quickly send coins to your friends but this has some cons, maybe they'll explode your brain by requesting some money.

That's right until they are not completely announced it we should not be too much excited, it's bring some good publicity though as the company have
good and well established business, so taking their part inside crypto industry gathered attentions from the public.

calya

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Quote from: Sithara007 on April 04, 2019, 10:49:22 PM

Quote from: o_e_l_e_o on March 21, 2019, 11:45:11 PM

Not sure I would call them "one of the most popular". It has less than 50 million active monthly users, compared to WhatsApp's 1.5 billion, Facebook Messenger's 1.3 billion and iMessage's 1 billion. It's certainly big in South Korea and Southeast Asia, but it has a very limited global presence.

Still, it's nice to see they seem to be thinking of integrating a bitcoin or multi-coin wallet, as opposed to launching their own centralized scam coin like Facebook and many other large companies are planning.

KakaoTalk is very popular among the Korean diaspora. And don't forget that there are around 2.5 million of them in the US itself (1% of the population). But I am quite worried about the legality of this step within South Korea. The South Korean government has made so many u-turns with their approach with BTC. And this has resulted in huge losses to those who invested in various crypto-currency. The legal terms regarding crypto usage are still vague in South Korea.

based kakaotalk user in around the world , this integration will bring impact to cryptocurrency it self.cryptocurrency demand will rise significantly after its officially release.and about government, south korea be the countries that care about crypto developtment.

Sithara007

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Quote from: o_e_l_e_o on March 21, 2019, 11:45:11 PM

Not sure I would call them "one of the most popular". It has less than 50 million active monthly users, compared to WhatsApp's 1.5 billion, Facebook Messenger's 1.3 billion and iMessage's 1 billion. It's certainly big in South Korea and Southeast Asia, but it has a very limited global presence.

Still, it's nice to see they seem to be thinking of integrating a bitcoin or multi-coin wallet, as opposed to launching their own centralized scam coin like Facebook and many other large companies are planning.

KakaoTalk is very popular among the Korean diaspora. And don't forget that there are around 2.5 million of them in the US itself (1% of the population). But I am quite worried about the legality of this step within South Korea. The South Korean government has made so many u-turns with their approach with BTC. And this has resulted in huge losses to those who invested in various crypto-currency. The legal terms regarding crypto usage are still vague in South Korea.

Unblock_news

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Full article here: https://www.unblock.news/news/kakaotalk-integrate-cryptocurrency-wallet-app

Umkar

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It seems that the integration of the crypto wallet and the provision of the service of making the transfer of cryptocurrency in instant messengers is a trend in recent times. I think that soon all messengers and social networks will have such a function.

Incodium Coin

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This is quite interesting, and l can assure you that the crypto community is buzzed. KakaoTalk is into so many businesses that this will expand the use of crypto. Kakao taxi, inApp purchases at Kakao, Kakao Rentals and much more.

reynald70

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I am very happy that many large social media companies like kakaoTalk, Whatsapp, Facebook will adopt Crypto on their App, so this is good news for Bitcoin, because Crypto is synonymous with Bitcoin, and if many recognize Crypto, then I am sure the price will increase.

tippytoes

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Quote from: shield132 on March 28, 2019, 02:40:50 PM

Guys don't get so excited, before posting just read article, as it seems they have only discussion around it, they don't know whether cryprocurrency will be added or not.
But since whatsapp plans to add crypto, I think Kakaotalk will follow then too, just don't want to get rumors in attention.
Btw in any way it's good, you can quickly send coins to your friends but this has some cons, maybe they'll explode your brain by requesting some money.

For sure, even if it is in the discussion stage, they will follow this crypto boost in social media. Though their followers is not as much as fb or twitter, still this will create mass adoption on this side of the world. They will be familiar on handling cryptocurrency and will see the benefit of it. So much with the negative connotations of crypto, time to see the power of crypto in their daily lives.

shield132

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Guys don't get so excited, before posting just read article, as it seems they have only discussion around it, they don't know whether cryprocurrency will be added or not.
But since whatsapp plans to add crypto, I think Kakaotalk will follow then too, just don't want to get rumors in attention.
Btw in any way it's good, you can quickly send coins to your friends but this has some cons, maybe they'll explode your brain by requesting some money.

shesheboy

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Quote from: Malsetid on March 27, 2019, 03:00:11 PM

Quote from: Sirait on March 27, 2019, 05:24:00 AM

~ snip ~

I don't know about that though. It's a platform that i wouldn't trust my crypto coins with. How secure would that be? The people behind kakao of course would have a way to access your accounts. It may sound exciting for kakao users who are into cryptocurrencies but i'd rather stay with traditional hard wallets.

when you use a wallet or an exchange you are also entrusting your funds to someone else . if you trust them then why would you dont trust kakaotalk with your coins ? Kakaotalk is already known to be legit so there is no need to worry about your security . it isnt also a wallet but i believe that the coins will only be used to buy in app items like stickers and call plans . i dont also think that kakaotalk users will feel excited with it since most of them are not an existing crypto users .

o_e_l_e_o

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Quote from: Viscore on March 27, 2019, 04:31:04 AM

Well, it's possible that they can sell our information, but we have the authority to take care of them in case they will break the law.

Unfortunately, Facebook very much see themselves as above the law. The recent Cambridge Analytica scandal proves this. Facebook were complicit in millions of users' personal data being mined and used without their consent by unknown third parties. In response Zuckerberg made some half hearted apology to Congress, and they received fines so small as to be meaningless. They can and will do anything they like with your data, as long as the price is right.

Quote from: Viscore on March 27, 2019, 04:31:04 AM

But in general point of view, they will eventually become part of the market even if they are centralized, so this is good as we will increase in volume.

I wouldn't consider it good, just as I don't consider all the trash altcoins flooding the market with zero use cases and exit scams to be good.

Malsetid

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Quote from: Sirait on March 27, 2019, 05:24:00 AM

I'm also one of Kakaotalk users and I'm very support of this plan.

I'm still confused with big companies like Facebook, Twitter, and others.. why are they still considering integrating their applications with cryptocurrencies, if they receive cryptocurrency I am very confident that their application users will increase, investors and their company profits will definitely increase..

I don't know about that though. It's a platform that i wouldn't trust my crypto coins with. How secure would that be? The people behind kakao of course would have a way to access your accounts. It may sound exciting for kakao users who are into cryptocurrencies but i'd rather stay with traditional hard wallets.

Sirait

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I'm also one of Kakaotalk users and I'm very support of this plan.

I'm still confused with big companies like Facebook, Twitter, and others.. why are they still considering integrating their applications with cryptocurrencies, if they receive cryptocurrency I am very confident that their application users will increase, investors and their company profits will definitely increase..

Viscore

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Quote from: o_e_l_e_o on March 26, 2019, 07:58:03 AM

Quote from: Viscore on March 26, 2019, 03:43:49 AM

We of course hope for bigger, like Facebook as it has a huge number of users, majority of online users are using facebook

Facebook is the antithesis of bitcoin. Facebook exists only to invade your privacy, harvest your data, and sell your information. They exist purely for profit, and anything and everything they do is a byproduct of their desire for more data mining and more profit.

Well, it's possible that they can sell our information, but we have the authority to take care of them in case they will break the law.
Prior to sign up, we are agreed on their terms, so that means we trusted them our information, and it's only part of the risk if they will sell our data.
Just like when we deal with bank, we give our data and we entrusted them, but nothing really beats the decentralized system as it's not human, it's pure algorithm, and therefore no emotion and no greed like human have.

Quote from: o_e_l_e_o on March 26, 2019, 07:58:03 AM

There are plenty of news articles doing the rounds at the moment about Facebook designing and launching their own "crypto". In reality, it's not a crypto at all - it is a completely centralized payment processor, which they will maintain full control over. Facebook have no interest in giving any amount of control to their users. They will never adopt bitcoin.

Could be true, and people will have a choice whether they will adopt wit this or not.
But in general point of view, they will eventually become part of the market even if they are centralized, so this is good as we will increase in volume.

niteroy

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Now many platforms, including instant messengers and social networks, are considering the possibility of integrating crypto wallets into their services. The function of making micropayments will also be useful and all this will increase the spread of cryptocurrencies around the world.

o_e_l_e_o

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Quote from: Viscore on March 26, 2019, 03:43:49 AM

We of course hope for bigger, like Facebook as it has a huge number of users, majority of online users are using facebook

Facebook is the antithesis of bitcoin. Facebook exists only to invade your privacy, harvest your data, and sell your information. They exist purely for profit, and anything and everything they do is a byproduct of their desire for more data mining and more profit.

There are plenty of news articles doing the rounds at the moment about Facebook designing and launching their own "crypto". In reality, it's not a crypto at all - it is a completely centralized payment processor, which they will maintain full control over. Facebook have no interest in giving any amount of control to their users. They will never adopt bitcoin.

mangsitin

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Quote from: waynechong1995 on March 25, 2019, 08:53:06 PM

Great news for koreans to have blockchain within their daily messaging app, certainly it's not big like WhatsApp but I guess poeple are anticipating for the enjin effect for such news and let's hope for speedy integration, it's a really great use case to step out more crypto transactions

Yeah right, this is good news for Bitcoin, because many large companies are now running Blockchain in large applications like KakaoTalk, then Whatsapp will follow. So I am optimistic that this will increase the prestige of Bitcoin to the public.

Viscore

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Quote from: o_e_l_e_o on March 21, 2019, 11:45:11 PM

~snip~

This is still a good news for crypto, it's a small start but with more and more that are adopting, this will help for a big adoption.
We of course hope for bigger, like Facebook as it has a huge number of users, majority of online users are using facebook, but we are building and we are going at the right path, eventually we will get their attention and like many others, they will also adopt.

waynechong1995

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swing!

Great news for koreans to have blockchain within their daily messaging app, certainly it's not big like WhatsApp but I guess poeple are anticipating for the enjin effect for such news and let's hope for speedy integration, it's a really great use case to step out more crypto transactions

Topic: KakaoTalk to integrate a cryptocurrency wallet on app - page 2. (Read 713 times)