Venmo Is Maybe Competition For Crypto

Venmo a Pay Pal App

One aspect of Crypto is the low cost fast payments for one person to another.

Venmo payment to other family and friends is free.

An Advantage over Crypto as there is fees with Crypto

I have never used the product Venmo so I dont know much about it to be honest

I dont know about international payments to friends maybe high fees. There is fees in depositing money into the account by debit or credit card. Only really free if your money is already in your pay pal account.

I just wanted highlight this as possible competition.

In reality Crypto is better than this but for the Average Joe he might prefer this over Crypto.

Crypto needs to high the massive market get merchants taking it and therefore no need to fiat.

Its going to take years for the Crypto Infrastructure to develop but it will

Let Me know your thoughts and follow and comment Thanks