Commodity → Medium of Exchange

A difficulty arises when trying to define cryptocurrency economically. It has characteristics of both a form of money and an investment asset; it has no central issuing authority; additionally, its consumers may voluntarily become producers.

So, what’s the obstacle to many users not seeing crypto as anything more than a risky digital asset? Apart from regulatory disorientation, I’d say crypto is not yet convenient enough. So, the question then is:

How can we conveniently integrate Quai into real-life applications to ease user transition into the new form of money?

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You’re spot on. IMO, scalability is the first step towards making cryptocurrency usable as money. If a cryptocurrency can’t scale, then it will suffer delays and fees when too many users try to transact at once. This is peak inconvenience. No merchant can rely on a form of payment with unpredictable fees and delays. So, first step is scalability, which Quai solves.

Once scalability is addressed, I can think of all sorts of ecosystem tools that would make quai more convenient for daily use. A few I think we need are:

  • a good mobile wallet
  • e-commerce integrations
  • accounting tools/integrations for businesses
  • easy cold storage solutions
  • LOTS of educational resources

This is just the tip of the iceberg, and I’m optimistic our community & devs will build such a robust ecosystem.

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I think there is such a way. To achieve the goal of the question posed, it is necessary to create really useful applications based on the blockchain, in particular, an untraceable wallet similar to a mix, and secondly, create a lot of anonymous disk space giving freedom of action for startups

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