Cryptocurrency and Fiat Currency, Together in One Bank
One of the frustrating limitations of cryptocurrency is that it can be difficult to spend it on real-world goods or apply it to pay down your debts and living expenses. There are some online shops that accept crypto payments, and occasionally you’ll even find a brick-and-mortar store that accepts Bitcoin or other cryptocurrency. There are crypto debit cards and Bitcoin ATMs, all trying to make it easier to actually use cryptocurrency as a currency rather than a concept.
But the truth is, for now most of us operate primarily with the fiat currency of whatever nation we live in. It can be difficult, for instance, to convince your landlord to accept ethereum for the rent!
Currently, most crypto enthusiasts have to keep their assets divided and juggle things around, using fiat currency to buy more crypto, selling crypto for fiat to pay the bills.
Wouldn’t it be easier if you had one bank that allowed you to manage your cryptocurrency and your fiat currency together?
That’s the goal of MCV-CAP. By combining the blockchain technology with traditional banking infrastructure, we intend to make cryptocurrency available for everyone in daily life, while also handling your fiat currency transactions.
Imagine going out for a day of shopping and using your crypto debit card to pay for the groceries, a new pair of shoes, parking in the city center, and lunch. Imagine going home and paying your utilities with your digital currency.
That day is almost here. Once MCV-CAP has received our full banking license, we will be able to provide all of the services a traditional bank offers – credit/debit cards, loans, asset management, savings accounts and more. We aim to be able to handle crypto and fiat currencies and make it easy to transfer your assets from one form to another. Our Blockchain Bank for You (BCB4U) system will make it easy to apply cryptocurrency to daily expenses or manage a portfolio of digital assets.
Our ICO is underway. Participants will receive MCV Token, a voucher that can be exchanged for BCB4U tokens when the project goes live, at a 1:4 ratio. BCB4U will be the currency used for bank services, as well as a loyalty reward through our partnership with etoxx.
As the use and acceptance of cryptocurrency spreads, you’ll want to have a bank that makes it easy to spend your crypto. MCV-CAP aims to create the bank that the crypto community has been waiting for.
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