Nach | LangCoin
@nachlikenacho
In my experience, I have not met a single regular person that value decentralization as it relates to digital payments.
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Nach | LangCoin
@nachlikenacho
People today use existing payment systems with high transaction costs, capital controls, and long transaction settlement times. The features of low-cost, borderless, rapid finality are a 10x improvement in digital payments sufficient for product adoption.
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Nach | LangCoin
@nachlikenacho
However, my opinion is that equivalent or improved digital user experiences are table stakes for transitioning the world to these new payment systems. Also, a well-respected, centralized authority's endorsement helps make this a more seamless transition because it denotes trust in the system.
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