Decentralization is a priority on Cardano and the lack of adoption in the mainstream makes a collaboration with X Pay optimal?
The X Pay code is anticipated to be released with the code embedded in the app download.
If Cardano and CNTs are integrated for peer-to-peer transactions on X, this would substantially increase the price and decentralization of ADA?
High TPS potential in scalability, interoperability and security of Cardano would make an X payment collab a win-win. This is because the increase in demand for ADA could create a supply shock as X payment would have an optimal layer 1 blockchain layer.
For the case against, what collaboration or platform would mainstream Cardano to reveal its capabilities when our competitors are behind in critical blockchain metrics?
I can’t agree less with your views and thoughts. We have seen BTC dorminate because of it’s established payment gateway for several other services and retail services. This would indeed be a good step for putting Cardano in the mainstream of payment options. The fact that you can pay for services with $ADA directly without having to spend extra fees in converting to Fiat or BTC would mean a lot of exposure and utilization for the token.
Where has it dominated as compared to fiat, using visa/mastercard? BTC is rarely used as a percentage of global payment transactions for retail and general services. Could you list services where people use BTC for everyday transactions?
Buit adoption in Cardano is lacking compared to other chains in the crypto markets, and essentially non-existant in B2C and P2P.
X pay partnership if implemented right with Cardano can substantially increase decentralization, beginning with an increase in P2P demand that increases adoption?