Pros - quick and simple. I might consider using it for low value purchases for things like audio books or something.
Cons - I would be worried that it might interpret the amount incorrectly and I could end up losing money. Also I am sure you have thought about it but the main issue with getting fiat into crypto is more of a legislative one regarding financial laws but that has nothing to do with the interface used to initiate the transaction of course.
i am so worried about these kinds of 'voice recording' machines that we as a society are welcoming into our homes as normal. nothing against the guy and his product; which i hope goes well, given the status of everything.
I'm worried to, trust me. But having a blockchain based platform behind it should solve the centralization of who acquires the data. Or at least I hope!
Well, the idea is that a high percentage of people consider buying crypto but are relentless to when faced with the technological implications (as well as financial of course). So that should get that feeling out of the way and increase users number. Eventually its commonality too.
I guess I don't really understand what you are suggesting. Isn't the main issue the lack of an easy "on ramp" for FIAT to crypto regardless of whether it is voice activated or simply available on a website?
Am I missing the point?
I see your point and you're totally right, this does NOT solve the FIAT to crypto issue. It does solve, however, the crypto to crypto problem as the platform will enable and facilitate that through an app.
Research also shows that people are much keener to make a transaction through voice (something about not seeing your money makes it less stressful). We'll see what the implications of that will be.
Yes that makes sense for micro transactions using voice.