Many governments certainly seem to be fearful of digital currencies. Just this month, President Trump tweeted his dislike of Bitcoin and Facebook’s new Libra coin. Of course, many commentators are quick to point out that governments worry about them because their currencies have the most to lose from them. However, as far as consumers and coin buyers are concerned, there are many reasons they have to be thankful for them, providing useful, low-cost solutions for all of society.
One such cryptocurrency that is offering a valuable use case for everyone is PopUp Coin. The coin will pave the way for consumers to be able to pay for their lifestyle while enjoying time at their favourite entertainment venues, such as dining in a nice restaurant or buying the latest products they have their eyes on.
It has the advantage of allowing consumers to purchase goods more easily, and for a cheaper price, without retailers needing to offer discounts on their products to capture sales, which results in adverse impacts on both their profit margins and the value of their brand.
PopUp Coins benefit the consumer by the stable growth that holding them provides. To give an example, if a PopUp Coin holder spots a new pair of sneakers they want to buy at the beginning of the week for £100 or 100 PopUp Coins, the coin’s stable growth sees the price of the coins increase daily due to the coins limited pool and its growth on exchanges, so by the end of the week the price of each PopUp Coin is £1.25. This means they are effectively spending £75 on their sneakers, with £25 left to either spend on whatever they choose, or hold onto for further gains.
The advantage for the retailer is not having to discount their products, so they also gain the profits they desire – it’s a win-win for both sides. They can either convert the coins to fiat for minimal cost or decide to hold the coins and take advantage of their increasing value. In addition, the retailer benefits from transaction processing fees being significantly reduced, and the chance of fraud being eliminated, with zero chance of chargebacks from customers.
For consumers, as well as obtaining products for a cheaper price, they can enjoy zero foreign-exchange fees for any payments overseas, plus take advantage of consumer loyalty programs and profit from the growth of their coin investment.
PopUp Coin’s vision is to provide both retailers and consumers with considerable upsides, saving them money and making their lives much easier. Their growing list of collaborations with merchant acquirers and retailers is testament to the potential the coin holds. We look forward to seeing this coin blossom, and for further details and technical information, you can check out more by visiting their website: www.popup.money