Review on BitBay by Ernesto Palma
BitBay (BAY): is a small project that proposes something not so common.
BitBay (BAY): is a small project that proposes something not so common, since the currencies are decentralized a control over another currency is difficult to achieve, its environment develops essential market feature that each project must have, its business idea is to achieve to be a stable currency, for this it needs or requires a strong capitalization of both partners and new investors, one of its business strategies is to avoid financial losses by applying market technologies that can ensure the processes of buying and selling business assets, its ecosystem implements the use of blockchain as a means of execution and creation of blocks, one of its main business strategies in some ways is to catch it at a stable value each cryptocurrency as it is publicly known that many currency rises and falls in value very quickly, it is a way of not losing capital in an uncontrolled manner, by variations that the market may suffer, it is a project with a different idea to what is used to, it has levels of security to ensure the process, high level of financial liquidity.
Pros
- It is a new commercial bet, if it were to reach its fiscalization phase and enter the market, a commercial difference would be noticed, since it would be presenting unseen novelties, a financial control over others and a great possibility of security of not losing your investment.
- Some of the ideas in this project are under development, they are interesting, but need further study and investment to be fully developed.
Cons
- This type of project generates some commercial controversy, as these are new ideas and not all markets or users are ready for this.
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Comments (1)
January 21, 2021
Thanks so much for the article, my friend. I could not find many articles about this original project because as you mentioned in your article, there are not many writers, but thanks to you, I learned a lot.
