Cheaters, drug dealers, money laundering, it happens with fiat currencies, why is it weird when it happens with bitcoin and other crypto currencies? I hope the development of Utrust will help to win peoples trust in cryptocurrencies even more
UTrust when meet with huge success will be an important contribution to crypto and blockchain. Crypto people needs to do something because fraud is increasing and making crypto its safe haven.
I'm mostly interested for the fact that you can directly spend your crypto. that's the main feature for me.
for me its definitely the low fees what im interested in. And directly spending crypto has ofcourse very high importance
UTRUST has several unique points, like low fees, payment with some of the major crytocurrencies + buyer protection which makes it attractive to a lot of people, no matter which feature they like most.
UTRUST combined with cryptocurrencies is a huge deal, every crypto has its own supporters and users, UTRUST is like bringing all the cryptocurrencies in one world.
I don't think they will accept all ALTS, probably only the top 10 to begin with.
But there is definitely a big market available.
Now let's convince all our peers to buy crypto and spend it via UTRUST
The top ten to begin with... probably not. I believe we'll be lucky to use BTC and maybe ETH at first. Implementing other alts is time and support consuming and not very profitable given their rather small markets compared to other currencies.
But didn't they already confirm that they want to support around 10 cryptos + UTrust token at the beginning? I thought I read it some time ago in this thread.
I also have'nt read that yet. Devs are working hard and preparing for the ICO lets just wait for their furthur announcement about the supported tokens.