TL;DR
Full Story
This might be hard to hear but…
Web3’s ‘killer application’ probably isn’t going to be a game or social platform…it’s way more boring than that.
Nope. Web3’s killer app is probably something that already exists. Something most of us already use.
Payments.
Please, please — hold your jeers.
It sounds like a painfully unsexy feature (and it is) — but the ability for apps to integrate a global payment system with a few lines of code and no prior permissions is way bigger than it seems.
For example:
Elon Musk has long stated his intention to transform X/Twitter into an ‘everything app,’ starting with payments…but to do so in the US, the company needs money transmitter licenses in all 50 states.
In January, it was reported that X gained a transmitter license in Utah…in March, rumors started to swirl that NY and CA were about to grant similar permissions…perhaps by the end of the year ‘X payments’ might be a thing?
But if this were to be a pure crypto play?
X could simply integrate a crypto wallet, and be done with it.
Avoiding the state-by-state red tape by letting folks exchange fiat for crypto elsewhere before transferring it over (e.g. buy crypto on Coinbase → send it to their crypto wallet).
Another example is Telegram’s TON Foundation.
They just launched their Telegram wallet in 6 new countries (Saudi Arabia, Vietnam, Turkey, India, Argentina, Brazil).
Which is huge! But has only just rolled out because the Telegram wallet supports fiat-to-crypto transactions (which requires certain licensing).
Point being: crypto payments are the faster horse in the ‘global payments’ race.
Here’s why you should care about these sort of developments:
Combined, X and Telegram have a daily active user base of 1.145B (X 245M, Telegram 900M).
If crypto wallets get integrated globally to each platform, and 2% of the combined user bases converted to active crypto payment users over the next year or so…
That would equal ~23M new daily active crypto users.
For context, right now, Bitcoin and Ethereum have ~1.1M daily active users — combined.
More users = more demand for coins/tokens = higher crypto prices.
can you buy generic clomiphene prices can i purchase clomiphene without insurance order generic clomiphene pills how much does clomiphene cost without insurance clomiphene chance of twins where buy clomiphene pill can i purchase cheap clomiphene online
I couldn’t resist commenting. Adequately written!
I’ve learn some just right stuff here. Definitely value bookmarking for revisiting. I surprise how a lot attempt you put to create one of these excellent informative web site.
Thanks for sharing. It’s first quality.
order azithromycin 250mg generic – flagyl 400mg sale buy flagyl 200mg for sale
buy domperidone tablets – buy tetracycline pills for sale order cyclobenzaprine without prescription
augmentin 375mg for sale – at bio info ampicillin online buy
buy generic esomeprazole – https://anexamate.com/ buy esomeprazole pills for sale
coumadin 5mg cost – https://coumamide.com/ cozaar pills
mobic 15mg over the counter – mobo sin buy meloxicam without prescription
Incredible! This blog looks exactly like my old one! It’s on a totally different subject but it has pretty much the same layout and design. Outstanding choice of colors!
order deltasone 5mg online – aprep lson buy prednisone 10mg for sale
red ed pill – buy ed pills best price buying ed pills online
amoxil uk – amoxil tablet order amoxil for sale
order diflucan 200mg online cheap – https://gpdifluca.com/# purchase diflucan sale
order cenforce 50mg online cheap – https://cenforcers.com/ cenforce canada
how much does cialis cost per pill – site buy cialis in las vegas
cialis store in philippines – cialis maximum dose buy liquid tadalafil online
This is the description of glad I have reading. comprar viagra original
sildenafil tablet 50 mg – https://strongvpls.com/ cheap viagra paypal payment