PRO: The New Digital Currency Solves the Biggest Problem Bitcoin Can’t
Bitcoin’s meteoric rise in the past year, in which it shattered new record highs over and over, has sparked a renewed fervor for digital currencies. But while traders are desperately trying to get their hands on Bitcoin, Ether or any one of the other 700-plus cryptocurrencies in this new digital gold rush, one fundamental problem is becoming clear: this is increasingly a market solely for asset speculators.
After all, the primary purpose of a currency—digital or otherwise—is to be used as a medium of exchange for goods and services. But in this regard, Bitcoin may be falling victim to its own success. According to a recent note by Morgan Stanley payments analyst James Faucette, Bitcoin’s recent price surge is pricing out too many retailers from adopting the currency as a form of payment.
As reported by Bloomberg: "Bitcoin owners are reluctant to use the cryptocurrency given its rate of appreciation, more evidence that bitcoin is more asset than currency," Faucette said. "Way easier to trade speculatively than convince new merchants to accept the cryptocurrency."
That’s exactly the problem PRO Currency, a new digital currency launched in April, is looking to address, and why it has the potential to emerge from a crowded crypto field as a mainstream alternative to traditional payment methods.
PRO Wants to Get Cryptocurrency Right
While Bitcoin may have lost its way, PRO is a digital currency specifically created for retailers and consumers to use in the real world. Payment reconciliation is an often overlooked but nonetheless vital area that PRO is designed to address. In other words, it’s the time between when a transaction is made and when the funds are actually settled and able to be used. Current payment methods can take days to process, and even Bitcoin takes up to 24 hours.
For merchants and business owners, that time in between where they essentially don’t know where their money is and have no one to contact for help (perhaps a downside to a decentralized system) can be tremendously nerve-racking. But PRO is designed to reconcile in a minute, according to experts.
PRO is Rewarding Retailers and Consumers
If you're interested in taking control of your professional life, there’s no need to wait until 2020 to become an iPro, a contingency worker, a freelancer -- an entrepreneur. You can do it -- right now. And you won’t be alone.
To find out how PRO is Rewarding Retailers and Consumers and for more information on PRO ,call - +2348092766208 or click here to contact an IPRO Associate and will get back to you . Don't be left behind !
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Thank you for sharing this information.
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Thank you for sharing this information.
ReplyDeleteCoinOrbisCap is the best user-friendly financial app who take digital currency seriously. Gives you quick access to crypto prices, market cap, coin chart, crypto news on over 1500 currencies.
Download here for FREE!!