This is the question that was highlighted by the co-founder of the BMCHAIN platform Roman Moiseyev within the First Practical Conference of the participants of the digital financial market CryptoInvestForum.
We all know about Bitcoin and other altcoins which are implemented with the blockchain and increase their capitalization on a daily basis. But they also have a significant disadvantage for money — a constantly growing price deprives the owners of the incentive to spend coins, forcing, on the contrary, to accumulate them as much as possible.
Roman Moiseyev pointed out in his speech that now only the blockchain application that will be the first to overcome this and some other shortcomings of the cryptocurrency, while making a profit, will succeed. In this regard, we are now working with the BM company on the BMCHAIN project. It is intended to become a pilot site, where we will try to create a model for the first time, where tokens will be profitable to spend. To do this, all conditions are created: the price for any product or service in tokens will be lower, they can be conveniently paid using a mobile phone, they can be not only bought, but also earned on the platform, providing its usefulness to other users. Well, the cost of the token will be regulated both by the activity of the users themselves, and by the complexity factor to avoid excessive emissions.
Thus, the increase in demand will give rise to the token price, and it will be advantageous for sellers to give a discount today to earn on this growth, and buyers will be motivated to purchase for tokens due to a lower price. Pay with tokens will also be beneficial, as well as accepting them!
Now, when legal procedures that will allow you to change tokens for goods and services are ending, you can also leave a request to support@bmchain.io and become our partner in order to be one of the first to accept tokens for your goods and services!