Home / money / Canadian on-line bartering society Bunz launches digital currency BTZ

Canadian on-line bartering society Bunz launches digital currency BTZ

Canadian on-line bartering society Bunz launches digital currency BTZ. As informed in TORONTO — A Canadian on-line bartering society known for promoting a cash-free economy said it’s purchased into the cryptocurrency craze.

Bartering society Bunz launches digital currency in move some saw goes against its original purpose

On Monday, Bunz reported it was relleasing BTZ, a digital currency for the society that could too be used at participating retailers.
Mojtahedi says BTZ isn’t yet an actual cryptocurrency however the plan is to eventually transform it into one.
“Because it’s a bartering society we’ve had a number of issues around price disparity … the divisibility of goods and all these problems could be solved with a cryptocurrency,” Mojtahedi said.
“We’re not offering any inference of the foreign exchange price because we don’t know, we’re really just starting.
“But at the same time, it completely defeats the purpose of what it was in the premier place, that was a cashless society that would exchange goods for goods.”

 

Canadian on-line bartering society Bunz
Canadian on-line bartering society Bunz

Canadian on-line bartering society Bunz launches digital currency

According to A Canadian on-line bartering society known for promoting a cash-free economy said it’s purchased into the cryptocurrency craze.
That trend led to the creation of BTZ, a digital currency for the society that could too be used at participating retailers.
CEO Sascha Mojtahedi said BTZ isn’t yet an actual cryptocurrency however the plan is to eventually make it one.
“We’re not offering any inference of the foreign exchange price because we don’t know, we’re really just starting.
But at the same time, it completely defeats the purpose of what it was in the premier place, that was a cashless society that would exchange goods for goods.”

 

 

 

collected by :John Locas

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