My cousin on Facebook brought up a good point when I posted about how much Bitcoin is rising. He said it is still really tricky for an average person like him to cash out Bitcoins. What I envision that I think someone needs to invent is a wallet that can hold all cryptocurrency like iota, erc-20 tokens, bitcoins, monero etc. And the wallet will support any currency that comes out and it should be as easy as 1-2-3 in order for the crypto world to reach mass adoption. I believe a wallet address should be like going to a website like my wallet address should be Cass.com for someone to send me any currency or Steem.et .nt .net .org etc. Why do we have 32 or 21 digit number addresses in order for someone to send us a payment? Why not make a wallet address as simple as jac.net ? And we set our own private keys with as long a password as we want that also has 2-factor authentication? This is the kind of simplicity that will be required in order to reach mass adoption, right now an average person would not be able to send a Bitcoin transaction without some knowledge or background info on it. Also your wallet address that is your name you choose should be able to do instant withdrawal on a debit card so you can instantly spend the currency of your liking on a debit card without the hassle of waiting for a bank deposit to take 2-3 days.
#bitcoin #cryptocurrency #crypto #money #eth
