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Bangladesh
1 Level
1075 Review
2891.25 Karma

Review on Bread by Robiul Islam

Revainrating 5 out of 5

It makes easy to transition to a truly decentralised banking service.

The decentralized banking system was the main focus of Bitcoin, which is taking too long to be productive, or we have become impatient. Whatever it is, it wants to accelerate transformation.
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This team made an important decision to launch a token that could encourage users to join the platform, with its low price and loyalty / discount offer.

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Pros
  • Connects the Bitcoin blockchain to mainstream users through accessible mobile applications and other complementary features to support the transition to decentralized banking.
  • This is an ERC20 token, which means it resides on the Ethereum blockchain and may not be excavated unlike other major currencies BTC, ETH or more.
  • It can be used as a sign of loyalty points and rewards, a more institutional strategy for push for adoption amongst the masses functionality like this is absent in legacy cryptocurrencies locally.
Cons
  • Its price reduction is certainly a concern. But comparing it to the conditions of the entire crypto market is no reason to worry.