I saw this video https://m.youtube.com/watch?v=0Whrc_02CUk
Very well done with analyze on all cdc products. I have had almost same thoughts about this company. Just to add a few things, 1. % paid by shops to Visa/mastercard varies depending on country I think numbers in video are for most of Europe. Usa has little higher and some have crazy high like Japan around 5%. (more profit for cdc) 2. profit from exchange is not calculated in video, but you can easily calculate approximate from 24h volume and their fees. Last time I checked it was five figure number. Every day. More than enough to pay for syndicate events.
CDC makes so much money that I dont see money being their long term target anymore. If they wanted to have enough to retire and live millionaire life it would have been already done. Instead it looks like they want to replace traditional way of making payments with CRO to have it as global currency. Similar to what bitcoin could become, but instead run by a single company. (or maybe not?)
If people will start making CRO masternodes and stop stacking inside the app for rewards making CRO decentralized, then I see great future. But if everybody just keeps stacking theit CRO forever inside the app giving all the power to cdc to control entire network, then we are heading towards another centralized way for global finance. I would certainly prefer if cdc will lower CRO rewards in the app in the long run to make it more profitable to run own node for the network to make CRO truly decentralized. They could potentially do what everybody has been saying about bitcoin. And we would have much lower electricity consumption compared to bitcoin since masternodes use significantly less power than mining.
All in all, CRO could be the new global decentralized currency.
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