I personally think this is such a joke. A smartphone for crypto trading?? First off, you don't need it. There's apps galore for it. Serious traders typically do it in front of a computer with big monitors and powerful computing and keyboards. I like staying updated when I'm out through my phone, and yes, I will use it to get into or out of a trade if I need to. However, it is NOT my choice for looking at markets and placing orders.
The concepts about this leading to a market trend are extremely fake and lame. A "crypto phone" isn't going to rally a market and what not. Now, if you had a phone that was powerful enough (and cheap enough) to mine crypto, you might see that have an impact on markets. Just this idea in and of itself though is pretty bogus and I don't buy it for a second.
If you want to learn more, you can check out an article on Forbes HERE
Interesting. Useless, perhaps. But interesting from a business POV. I think there are people young and old that this caters to. Those that want to get ahead of the curve but have no idea wtf they're doing and have no problem buying (or having their parents buy) as many gadget as it takes. Poor blokes.
When I first read your headline I thought they made a phone that could mine. I was so excited even though I knew that whatever mining phone it was I couldn't afford it lol.
Yea I mean definitely a new concept that I'm surprised more companies don't get on board to capitalize on this hype and stuff....props to them, but a complete joke.