Use of cryptocurrencies as real money for our purchases through applications created to simplify their use on your smartphone – that’s the way for mass adoption of a cryptocurrency, with a system of stable value and protected by your community: this is the Liracoin way.
Liracoin was launched in April 2018, reiterating that it is not a cryptocurrency born out of speculation, but is for the construction of a decentralized economic ecosystem, free from all territorial and governmental boundaries, in which solutions can be brought for the use of cryptocurrencies. Let’s look at the four differentiating points of Liracoin:
Adoption
For the first time, money can be our choice. Liracoin focuses on the adoption and use of the currency in order to create an economic ecosystem around the cryptocurrency. Adopting Liracoin means choosing it, keeping it, and using it over time, so as to contribute to the creation of an ecosystem where Liracoin is the medium of exchange of value.
Application
Cryptocurrencies were born only a decade ago, and today, only a small percentage of the world’s population uses them. The reason? They are not easy to use and only a niche of people uses them for their purchases. If it were possible to use them for everyday purchase, from shopping online to paying for your coffee at the cafe in the morning, cryptocurrencies would finally become money that can be used anywhere and everywhere. The goal of this project is to create applications that allow people from all parts of the world to pay and receive money in cryptocurrencies with their smartphones through direct payments without changes and waiting times. One of the first applications in creation is Liracoin Smart Global Payment which can be used to pay in more than 52 million stores.
Protection of value
The value of the cryptocurrencies fluctuates constantly because thousands or even millions of people trade or use them for their purchases. The problem arises when large quantities of money are sold by big buyers. With one sale only, they can strongly affect the currency value. The Liracoin system is built to prevent the participation of the big buyers, as users have a weekly purchase limit on exchanges approved by Liracoin.
Distribution of power
Through the Liracoin protocol, it is possible to build decentralized infrastructures managed by nodes all over the world. There is no need for a central unit for controlling and managing the transactions. The users can carry out transactions, and the transactions are checked and approved by other users as part of the network.
Steady growth in value without bankruptcy, choice of cryptocurrency as money and not as an investment, and a well-defined plan are points that make us users and lovers of cryptocurrencies wait with confidence for the launch of the Liracoin SGP app we can use to pay for cryptocurrency in millions of centers. On YouTube, a preview of how it will work is available: https://youtu.be/26h-v5ZVgZU
Applications like these are the only solution to make cryptocurrencies money that is accessible and usable by everyone across the world.