Pundi X: Cryptocurrency a boon or a problem
It is said that cryptocurrency will bring the revolution in the digital cash technologies. It has attracted a wide mass of people. It is also known as Bitcoin which has created a great enthusiasm and also it has fascinated the peoples a lot.
Benefits of cryptocurrency
- Peer-to-peer online transaction has become very successful
- It is known as digital gold
- It is very secure and promises its value to be increased with time
- It is very fast means of payment worldwide
- It is a very dynamic and fast-growing market for investors
- The trade volume of bitcoin is lot more than European stock exchange
- Cryptocurrency work very similar to share market where one day it market price increases by 10 percent
- If you are lucky enough then your currency value will grow with 1000 percent within a week
- Bitcoin is the top cryptocurrency in present times
- cryptocurrency has the power to change the financial world
- cryptocurrency can be used for top of your cellphones, to pay your utility bills and also you can buy goods
Problems with cryptocurrency
- Lot of cryptocurrencies are born and launch into the market but very few see the daylight
- Every time the adopters are the people who become wealthy and the investors who always loses
- With the use of Bitcoin, the cybercrime is flourishing day by day
- The national currency will be devaluating
- Government are in fear of losing the financial controls
- The price of bitcoins is increasing very rapidly day by day and if this trends will continue for next two years than it is very difficult for normal person to buy a full bitcoin
- Buying of cryptocurrency is still very tough
- Payments are mostly 70 percent in world is happening on cash-basis, and around 20 percent are done online, only 1 percent people around the world are using cryptocurrency which is again very very few
- Buying of cryptocurrency from anywhere and anytime is still a dream for many companies
Pundi X a company from Indonesia is selling the POS solutions by using that you can buy and sell the cryptocurrency. This Pos will help you with all the online transaction. You can check it out this Pundi x revolutionary POS solution on their website www.pundix.com
Pindi x have also the pass in which you can save your cryptocurrency which can be used for buying and selling of the cryptocurrency. Three types of passes are available for investors which are categorized into Black, Platinum, and Gold.
Pundi X are trying to build this ecosystem with the support from blockchain developers. Their target is to reach 100k stores in 3 years of time so that buying and selling of cryptocurrency should become a very easy task. Tokens are generated by buying the cryptocurrency. ICO generates this cryptocurrency and distributes this via tokens to its buyers. They are planning to generate 50 percent extra tokens this year.