Of a true most governments have cracked down on the system due to its volatility and prone to scams, many more are simply stopping it's activities to follow the bandwagon

Notice this shitpost doesn't even bother trying to debunk the technical specifications of Holo and its innovative agent-centric model. Because he is clearly incapable of it and prefers to just post this low effort FUD.

Cryptocurrencies are decentralized, so they do not require a bank to verify every transaction. This means your business will eliminate those fees, saving 2 to 5 percent on each transaction. This is also the case with companies like PayPal and Stripe.

However, we can fall back to an easier question, “What is necessary for cryptocurrencies to begin to achieve mainstream adoption?” Answering this new question is a more tractable problem because it ignores those conditions that may be sufficient for adoption and requires we identify only those that are necessary.

That's something Saponaro hopes the project will change, leading to wider adoption of cryptocurrencies. Their goal: to make "the entire money-sending process more approachable to non-geek users."

"The other thing I've always [said] about bitcoin, governments — and this is not a technological statement — governments are going to crush it one day.

 It is the first decentralized digital currency, as the system works without a central bank or single administrator.[8]:1[9] The network is peer-to-peer and transactions take place between users directly through the use of cryptography, without an intermediary.[8]:4 These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain.

The cryptocurrency had always been hailed by those rebellious enough to live outside the established financial order. But now, it would be packaged in a more conventional manner for a larger and more institutionalized audience.