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4 Reasons Zolango gives BitCoin Utility: Now you can buy thousands of physical items using Bitcoin on Zolango.com Keywords: crypto, bitcoin, cryptocurrency.

Zolango - meaning door in Swahili - is the future of cryptocurrency. It’s a glimpse of hope for a new system that will revolutionize the world. The reason I can say this is because of my understanding of cryptocurrency, the world, and how Zolango fits into all of it. Zolango is the future because it gives Bitcoin massive long-term utility. Specifically, there are four key reasons why Zolango provides that.

But before getting into those reasons, it’s important to understand where the world is right now. Both in terms of cryptocurrency, and the world at large. By understanding this, you can understand why Zolango is a business that’ll change the world.

The Progression of Crypto Crypto 1.0: HODL Bitcoin entered our lives in 2009 when an unknown publisher named Satoshi Nakamoto presented the coins. It gathered attention due to the coin naturally cutting out the middleman when dealing with transactions and transfers. People who got into Bitcoin realized that this currency was able to be processed and transferred faster, was decentralized, and ultimately gave people a coin they can control.

This was cryptocurrency at its earliest stages. The strategy behind Crypto 1.0 was a simple one: HODL (Hold On for Dear Life). A mistype of the word ‘hold’, the idea was to HODL all crypto you were able to mine as the values fluctuated. This is a similar strategy to the stock market where you hold your stocks as they grow value.

Crypto 2.0: Spend and Replace But this wasn’t the intention that the Bitcoin designers had in mind. They wanted people to use the system for transactional purposes. As a result, certain conventions started to take Bitcoins. Not only that, but a few platforms started to accept Bitcoin. Though a small amount, the amount is growing as more companies emerge and accept Bitcoin.

This was Crypto 2.0 —also known as Spend and Replace. Crypto today is treated the same way that we treat paper money. We spend money and it gets replaced with something else.

It’s been the system that we’ve used since the creation of money and it has some flaws.

The upside to this version though is that by spending Bitcoin, we’re treating it more like fiat currencies. In other words, it will eventually reach a point where it will stabilize. We can see

that by looking at Litecoin. It’s a Bitcoin competitor whose sole purpose was for the exchange of goods and services. We see today that Litecoin isn’t as volatile as Bitcoin, as this coinmarketcap graph shows.

Crypto 3.0: Zolango - Spend and Earn This development of Cryptocurrency is key as it explains why Zolango provides both utility and is the future of cryptocurrency. It will reach this height because Zolango is a platform built on both spending and earning in BitCoin, effectively creating an alternate economic ecosystem and displacing fiat currency altogether.

People’s current mindset with crypto has been something like this: “Okay, I will spend my crypto to get this, but I will have to go and get more crypto soon at Coinbase or a Bitcoin ATM.” This is good. It shows a strong belief and faith in Bitcoin. But it’s not how it should be. We want to be creating a Crypto Economy. A place where you can earn and spend crypto liberally and safely in one place. This is why Zolango is able to fit in so well. But there are some other key reasons to consider too.

How the World Treats Fiat Currency Goods and Service Price Hikes

The other reason Zolango is revolutionary stems from our current treatment of fiat currency. It seems that in many developed countries, the price for goods and services is absurd. There’s inflation which hikes up prices but not as much as you’d think.

Records show that the global inflation rate has been growing between 2 and 3% per year .

But if you look at various goods and services today, it doesn’t feel like that. Want to spend a night at a crappy Marriott Courtyard? That’ll be $250 per night. Even economists struggle with what the real prices are after inflation.

Central Banks Roles What’s also important to note is that central banks are changing as well. When they were first established, they played a critical role in stabilizing prices. This was especially true during war time. But the problems we’re facing right now with our central banks isn’t due to war. It’s how the central banks behave.

Looking to the United States Federal Reserve can give you an idea. It’s barely over 100 years old and has gone through several updates of their mandate. However with each new update, the central bank is moving away from price stability and have started to act more like a hedge funds. This is terrible and dangerous because our central bank plays a critical role in our economy. It’s the one bank that’s supposed to be for the people and actually supports the entire country.

So, when you pair businesses asking outrageous prices for goods and services and our central bank behaving like a hedge fund, you can start to see the dangers that await. The more this problem continues, the more damage our fiat currency system will do.

Despite all of this, there is a glimpse of hope: Zolango. Zolango provides an alternative, a shift from the current system. No longer are we playing with billionaires in a game we can’t win. Bitcoin provides a means for us to make our own money our own way. And Zolango can do that through these four features.

Zolango Uses Bitcoin for All Transactions Zolango is like the Ebay or Amazon of Crypto. It’s an eCommerce marketplace where every transaction is dealt in Bitcoin. This ensures that no fiat money is entering into the system and we can begin stabilizing Bitcoin prices.

This feature is more important than you might think. For one, there aren’t that many business out there that take Bitcoin. In 2017, Ray Dalio, owner of the world's largest hedge fund, said in an interview that there wasn’t an easy way to spend the money . However, if there were stores that emerged that exclusively took Bitcoin, prices would stabilize and business would be more viable. In this way, Zolango is the ebay of BitCoin, a huge portal where you can buy thousands of items from thousands of vendors all in one place, protected by the Zolango Escrow system.

Zolango Is the Best and Easiest Way to Earn Bitcoin Never bet against technology that's more convenient than what's already available.

Zolango is unlike any other eCommerce store on the internet. You can buy items you need and sell items you produce all on Zolango, it is in effect an ecosystem, a complete alternate economy. By using Zolanog you contribute to the stability and thus longterm value of Bitcoin, helping it become more mainstream.

Just a few decades ago, the Internet was an alternate economy that existed in parallel to the stores on main street and comprised an insignificant portion of spending. In fact several pundits like Clifford Stoll loudly proclaimed “"The truth is no online database will replace your daily newspaper, no CD-ROM can take the place of a competent teacher and no computer network will change the way government works."

"We’re promised instant catalog shopping–just point and click for great deals. We’ll order airline tickets over the network, make restaurant reservations and negotiate sales contracts. Stores will become obsolete. So how come my local mall does more business in an afternoon than the entire Internet handles in a month?"

Looking back at these quotes we find them hilariously foolish, the same will happen when we look back at the Fiat Vs. Crypto debate.

Zolango Promotes an Alternate Financial Ecosystem This brings me to my third point. The idea of spending and then earning in an alternative financial ecosystem. By engaging in this ecosystem, we’re not only able to stabilize Bitcoin, but also give more power to the community. Bitcoin was originally produced to get back at the banks and rich folks. By having a currency that’s solely ours, we can settle the value and its uses in a truly democratic way. After all, Bitcoin is decentralized so not one person can achieve complete domination.

On top of this, there is only a finite amount of Bitcoins in circulation. Because there is a finite amount, BitCoin kind of behaves like gold. It’s not affected by inflation and as a result, you’d expect the prices of goods and services won’t be hiked up compared to prices based on fiat currency.

This ecosystem also doesn’t offer refunds or rebates to buyers. At Zolango, the site is like a bazaar or marketplace. By creating this ecosystem, we’ll all be able to flourish and grow in our own way. Not only are we stabilizing the cryptocurrency. This sort of ecosystem isn’t

something fiat currency can achieve since banks are printing more money and fiat currency is losing value thanks to inflation.

Zolango Has A Growing Community of Buyers and Sellers The last point is that people understand Zolango. And because of that, the site is experiencing a growth in the community of both buyers and sellers. The fact that the site has over 100 merchants within a week of launching so far is proof that people believe in this business, the model, and what Zolango is trying to do.

You have your proof now that Zolango is the future and is working towards making it bright. Will you join us? Join the revolution at zolango.com