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COTI is the world's first DAG-based blockchain protocol optimized for use by payment dApps, merchants and stable coin issuers. Website: https://coti.io/ Blog: https://medium.com/cotinetwork Twitter: https://twitter.com/COTInetwork
The service that handles the transactions and sends the fiat to the Hotel/Booking
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but overall the fluctuations are not going to have an effect long-term
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This is what I haven't understand
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Will you make a kind of treasury for that?
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Who will pay the dollar differnce, if the price drops, to the Hotel?
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I don't know what you are even concerned about
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This doesn't comfort me. Standard procedure is also that 99% of crypto fails.
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My red flag was the 30 min window without safety net
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It's quite simple mate, COTI will have a few retail products, 1 is Private Travel, which can be paid in $COTI if you want. The price is irrelevant, the point is to allow people to use COTI to transact and know about COTI through this product
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Sir, what are you talking about lol
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its just paying with COTI mate
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Hope there is no new coin planned?
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What I don't understand exacly? Your mate told me that other crypto work that way and take the hit.
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Can you expand on the payment processor? What is it?
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As I said before, the payment processor takes the risk not the user or the hotel
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Or you will have a kind of reserves?
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Maybe I haven't understand where the money for any loss will come from
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What I try to say is that you should think a way of safety net. That is all.
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I'm not trying to comfort you
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Again, it's a standard procedure
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Yes, this is a very nice perspective. But you don't do just because other crypto projects do it, or because you expect the price to rise.
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I think you don't really understand what you answered to an investor.
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In small scale ofcource it won’t matter
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So from what I understand coti will do what other crypto do and in the end we all pray to god to rise the price
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How would it affect the network haha
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And in the end he said that it won't affect the network very much because we expect coti to rise
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Hi Lorenzo! has the logo changed to green diamond in the centre?
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