Cryptocurrencies as a mean of payment
Not all people deeply and clearly understand where and why there was money in the form in which we use them today. Let's look at what forced people to create and use money as a means of payment, and find out whether cryptocurrency is suitable for this role.
How does the money we all know today differ from cowrie shells, sable fur or rough diamonds? They are universal — you can exchange money for anything. Shells you will take only in some Indian tribes, sable fur will not pay the mortgage, and the rough diamond is unlikely to be accepted as payment for a new car at the dealership.
Money is needed by all — this is an intermediate point in the exchange. Imagine living and working in a community of primitive people. Your occupation is skinning of animals and preparation of skins. When you need a boat, you go to a member of the community who makes boats. In addition to the skins you have nothing, you produce nothing. But what if he doesn't need skins? We'll have to exchange them with someone else for something that someone who builds boats needs. Such exchanges can be a lot, but the money reduces their number to a minimum.
Crusaders and banking
Few people know, due to what the knights Templar got a huge impact and unprecedented wealth that was the envy even of the king of France. If somewhat simplified, the Templars came up with checks. Of course, not in the form in which checks are used in the UK and the US today, but the principle was exactly the same.
During the Crusades from Europe to Palestine and other middle Eastern countries, as well as in the opposite direction plied countless caravans with a variety of goods, but because of the war, their security was always at gunpoint. Almost completely controlling the main cities of the middle East, as well as having representation in France, the Templars came up with the following scheme of enrichment.
When someone had to send gold from France or another European country to the middle East, he turned to the knights Templar, they took the gold, but did not carry it through half the world, but simply informed their representatives in Palestine or the surrounding area, to whom and how much gold should be given. These services were subject to a Commission that allowed the Templars to become fabulously rich.
From this story it is possible to make two important facts. First, the Bank earns money on international and sometimes on internal Bank transactions at the expense of ordinary people who send money. And the Commission, which takes the Bank, often such that the Templars themselves would be impressed. Second, systems that make life easier for entrepreneurs and facilitate trade have been relevant at all times.
Cryptocurrency BeeNode along with the entire ecosystem plans to create the conditions for global Internet Commerce, the exchange of Fiat currency to crypto currencies and Vice versa, a stable income by mining, as well as the opportunity to invest in cryptocurrencies and to obtain from that investment income, which cannot be obtained on the securities market.
The potential of cryptocurrencies is enormous — today the trend towards the transition of trade from the real world to the Internet is quite obvious, and the Internet has no state borders, which means that the currency issued by any state can not be considered for online trading unified and universally recognized. Yes, of course, today in most online stores you can pay in dollars, but this is only a temporary phenomenon, not in all corners of the world dollars — a convenient currency.
Since cryptocurrencies are a product of the Internet, they should be its mean of payment. This has not yet happened only due to the fact that no cryptocurrency project has been able to demonstrate the focus on the creation of a mean of payment, and not coins for speculation on various exchanges.
The main bet in the popularization of cryptocurrencies as a means of payment BeeNode makes is to create conditions for people to want to pay with the help of cryptocurrency for their purchases, and shops wanted to accept cryptocurrency for payment. This should be an organic process: you can not force anyone to pay with a specific coin, you can not artificially increase demand on a global scale. We are working to ensure that around the world in the foreseeable future — in 2-3 years it was possible to buy both complex consumer electronics and knitted hipster sweaters for cryptocurrency.