Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
The Daily Hodl
No Result
View All Result

Litecoin Merchant Advisor Says Crypto Payment Problem Cracked, Digital Assets As Good As Cash

by Daily Hodl Staff
July 14, 2019
in Altcoins
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎
‎‎‎ ‏‏‎

Litecoin Foundation merchant advisor John Moore is highlighting how Litecoin, Bitcoin and other cryptocurrencies can be made stable for use on everyday purchases.

Says Moore in a new video,

“A lot of people say, Johnny, Bitcoin is never going to be a good payment system because it’s too volatile. That’s why we need Libra coin, Johnny. That’s why we need stablecoins, they say. Guys, we’ve already solved this problem.”

To use Litecoin and other cryptocurrencies for everyday purchases and to get merchants onboard by accepting digital assets as a payment method, Moore explains how point-of-sale platforms use software that can settle crypto transactions instantly, converting Litecoin, Bitcoin and other cryptocurrencies into fiat as soon as the merchant finalizes the sale.

The solution bridges old money with new digital assets by allowing people to spend crypto in the real world while simultaneously enabling merchants to receive dollars, eliminating concerns about exposure to Bitcoin and the notorious market swings of cryptocurrency.

Moore says that software solution Aliant Payments is one of many companies addressing the use of crypto as regular cash.

“Guys, it’s simple. It locks in the price at the time of sale. There’s no volatility at all for the business. So this argument of Bitcoin or Litecoin isn’t good for payments because it’s too volatile or it’s not stable – well, they’re a great candidate to use Aliant’s crypto gateway because they don’t want to keep the Bitcoin or Litecoin. They want a stable price.”

…

“Aliant Payments is the one that partnered up with the Litecoin Foundation with the Miami Dolphins deal, bringing Litecoin as the official cryptocurrency of the Miami Dolphins.”

The new partnership will allow sports fans to use Litecoin to buy tickets for events.

“What they’ve developed is huge. This cuts out the need for Libra coin, for stablecoins. You can hold your own private keys, a decentralized coin, and spend it when you want to spend it on stuff.”

People say #Bitcoin or #Litecoin is not good for Payments because of price volatility. This problem has already been solved, checkout @AliantPayment and what they have developed with their crypto gateway that locks in the price of BTC/LTC at time of sale and deposits US Dollar!! pic.twitter.com/TeGOYgEEY7

— Jon Moore BTC/LTC 🔑 (@jonnylitecoin) July 14, 2019

Follow us on Facebook            Join us on Telegram            Follow us on Twitter


Check Latest News Headlines


ADVERTISEMENT


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Crypto Livewire – Press Releases

  • Mogul Brings NFTs and DeFi to the Film Industry, Announces Access Pass Sale
    March 5, 2021
  • eToro and DS TECHEETAH Change Face of Sponsorship With Unique Profit Only Deal
    March 3, 2021
  • Unifi Farms Beta Launches on Unifi Protocol to Pioneer No-Stake Farming
    February 26, 2021
  • Bang Bang: Critical Factors Fueling Rise of the Retail Investor
    February 25, 2021
  • How Traders Make Money in Both Bull and Bear Markets on BigoMex
    February 25, 2021
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$48,408.00
$48,408.00
0.26%
Ethereum
$1,606.13
$1,606.13
6.6%
Binance Coin
$225.90
$225.90
0.52%
Polkadot
$33.39
$33.39
1.12%
Cardano
$1.12
$1.12
3.49%
XRP
$0.460747
$0.460747
0.52%
ADVERTISEMENT

Spotlight

  • Google Spotlights Bitcoin, Ethereum and Litecoin in New Finance Crypto Section
    March 2, 2021
  • Billionaire Mark Cuban Says Crypto Is About To Change How All Businesses Work – Here’s How
    February 27, 2021
  • Whales Are Preparing for Bitcoin and Ethereum Rallies As Four Altcoins Outperform the Market: Santiment
    March 4, 2021
  • Crypto Giant Grayscale Exploring Support for Nearly Two Dozen Altcoins – Here’s a Look at the List
    March 1, 2021

DON’T MISS A BEAT

Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options

By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.

Check your inbox for confirmation email.

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX • Explore • Futuremash •
Crypto Livewire

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2021 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro

© 2020 The Daily Hodl

×
We use cookies to give you the best online experience possible. Continue browsing if you are happy with that, or see how to manage cookies.