The point is it’s not possible to send such small quantities with fiat currencies. If something becomes popular, those small contributions add up.
BAT can also be used for paywalls, VPN payments, pay-per-view streaming and other smallish transactions. As the BAT ecosystem grows, there will be more incentive to transact in BAT, so there’s not so much of a need to convert to fiat.
BTW, BAT is up nearly 8% as I write this, presumably on the news of the Brave 1.0 release. There’s a decent chance that BAT is worth significantly more 2 or 3 years now; we’re still in the early days.
Finally, because BAT uses the Ethereum ERC-20 token standard, it automatically interoperates with the Ethereum ecosystem, including being able to be converted to other ERC-20 tokens, including stablecoins like PAX and GUSD, which are designed to always be valued at $1 per share, kinda like a money market fund.
BAT can also be used for paywalls, VPN payments, pay-per-view streaming and other smallish transactions. As the BAT ecosystem grows, there will be more incentive to transact in BAT, so there’s not so much of a need to convert to fiat.
BTW, BAT is up nearly 8% as I write this, presumably on the news of the Brave 1.0 release. There’s a decent chance that BAT is worth significantly more 2 or 3 years now; we’re still in the early days.
Finally, because BAT uses the Ethereum ERC-20 token standard, it automatically interoperates with the Ethereum ecosystem, including being able to be converted to other ERC-20 tokens, including stablecoins like PAX and GUSD, which are designed to always be valued at $1 per share, kinda like a money market fund.