![]() The major advantage for the retailers is that they will pay drastically less in payment processing fees as well as enjoy the reduction of billions of dollars in fraudulent activity associated with credit card payments etc. They will be adding many more and soon enough this will be completely ubiquitous. They will be adding many more in the coming months.Ĭurrently you can use the SPEDN app at 40,000 stores in the US and Canada including: Lowe’s home improvement, Nordstrom & Nordstrom Rack, Petco, Dunkin Donuts/Baskin Robbins, Office Depot & Office Max, Ulta Beauty, Gamestop, AMC Theatres, Regal Theatres, Alamo Drafthouse and more. You can pay with Bitcoin, Litecoin, Ether, or stablecoins pegged to $1 like the Gemini dollar. You simply scan your QR code on the app at the cashier and it takes seconds. This is a revolutionary way to simplify payments and requires NO CHANGES to retailers current point of sale (POS) systems. If you are looking at Amp as a way to build a better financial network for value transfer, I'd recommend doing a bit more research on the functionality side of things rather than focus so much on short-term price, and get involved if you want to be a participant in a valuable network.I am extremely bullish on the AMP token, Flexa Network and all the incredibly smart and motivated people behind this project as well as the retail merchant and crypto industry partnerships they’ve formed in a very short period of time. ![]() If you're looking at Amp purely as a speculative investment, I would recommend you do not invest and that you look elsewhere. There are a lot of people in crypto markets that cannot differentiate different financial or technological concepts, and inevitably they end up here making simple hype statements like Amp to $1 or Amp to $0.15 or whatever. Although there's nothing wrong with people having that opinion, my personal opinion is that these hype-driven people that show up here are wrong or confused about what Amp is and what it represents. You will see a lot of people here in the posts and comments speculating on prices, hoping it will go to a certain price based simply on hype. I mean offer their tokens through the available networks as collateral, risking their value in exchange for a fee. And by use I do not mean simply purchase. If you read the Amp token whitepaper ( ) you will see the economic model will shift the value of Amp naturally as more/less people use the token itself. With Flexa, we have already seen this works incredibly well to lower payment costs, fraud costs, and interchange costs for merchants compared to legacy financial systems. The purpose is to move value transaction risk in a way that offers cheaper, instantly verifiable, fraud-proof transactions. The purpose of Amp is not to increase in price for investors to make money. If this goes anywhere near 5 cents or lower that's an automatic buy for me.Īmp has already succeeded. But if you are willing to grind it, IMO this is the best crypto to get into.and more importantly, AT THE CURRENT PRICE. So the correct question is how long are you willing to wait and are you (or anyone) looking to get rich overnight with this thing? Like in the next few weeks/months etc. Who cares? That is an epic investment! Let's say 5 years from now it goes to $0.12. A solid investment in one year! If it goes to $1 but say it reaches there in 5 years. If it goes like you say to ~0.30 cents in the next one year that is a 5x gain.
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