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So you can't backup Kong.cash? That's one main benefit of digital currency, why go backwards towards physical cash? Instead you should go towards the Wechat mod

by welder 7y ago

So you can't backup Kong.cash? That's one main benefit of digital currency, why go backwards towards physical cash? Instead you should go towards the Wechat model of instant mobile payments.

paulgerhardt 7y ago
We looked at various financial instruments and saw that cryptocurrency space lacked a cash instrument. We realized with our background we could create one. Cash is the dominant form of consumer payments (77% world wide!) and the move to ban cash in various places disproportionately affects the underserved and marginalized members of society - ostensibly the audience cryptocurrency is trying to serve first. This is an effort to meet others with terms and technology they are comfortable and familiar with.