It is very likely that many investors have approached Gonzales Dellàn regarding crypto currency. After all, Dellàn has years of experience in banking, business, finance and investments. There are many questions about crypto currency after its prices have skyrocketed and crashed repeatedly in the last few years.
The technology of virtual currencies is considered as an investment class instead of medium of exchange. This goes against the vision of Satoshi of a peer-to-peer electronic class system. On the other hand, the extreme volatility of the financial instrument makes it unsuitable for day-to-day commerce. But a growing number of merchants are adopting the crypto currency even if it is not feasible for all transactions.
People that want to use crypto or are paid in crypto who need to spend their funds can charge their expenses to a credit card and liquidate crypto at the end of the month for paying bills as needed. However, there is the question of paying bills in case the market crashes or if a large portion of the holdings are spent at the beginning of the month before a rally.
Monaco has an answer to the predicament. Monaco is an ambitious company whose goal is to bridge the gap that exists between traditional payment infrastructure and crypto. The solution is the Monaco Card and Monaco wallet app. Monaco Visa Card can be used as a debit card that customers can load with their funds by selling crypto holdings in the Monaco app.
The Monaco app and debit card supports Bitcoin, ether, Binance coin and Monaco token including seven fiat currencies that include the USD, GBP, EUR, HKD, SGD, JPY and AUD. Monaco products that are currently being developed include Monaco Auto Invest, an automated crypto currency investment platform that can manage the customer’s holdings autonomously based on his goals and risk tolerance.
Since we are speaking of investments here, Gonzales Dellàn might be able to provide an important advice. Before making an investment, it makes sense to research for all information regarding digital currency and blockchain technology. The suggestions of financial advisors like Dellàn must be considered to be able to make a confident decision.