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Sébastien Estines
Co-founder Lyzi
Lyzi will be present at EthCC from 30 March to 2 April 2026
For several years, many have ventured into the world of cryptocurrencies. Glorified by some, criticized by others, these famous digital currencies have become, over time, one of the most discussed topics. This reputation is mainly due to a financial aspect. Surely you've heard stories or seen people literally become millionaires overnight. This happened simply by buying a virtual currency called Bitcoin in 2011.
Not wanting to miss another opportunity to join the ranks of lucky winners, most people rushed to specialized platforms to buy cryptocurrencies. Some of the most well-known platforms include Binance, Kraken, Kraken, Huobi, Coinbase, and Kucoin.
After following the steps of creating an account in order to buy cryptocurrencies, they encountered a problem. They quickly realized that it was very difficult to buy, and especially to sell, their cryptocurrency for practical use. Also, the unique design of these platforms and the overwhelming amount of information don't make things any easier for newbies.
Buying a cryptocurrency is one thing, but being able to use it the way you want is another. As simple as it sounds, this concept is crucial when it comes to investing. This is something that the French application Lyzi understood well. In this article, we will see why it is essential to be able to use your cryptocurrencies at any time and how Lyzi, winner of the FinTech Finance Innovation label, is relevant to easily achieve this.
Cryptocurrencies are becoming increasingly successful due to the fact that many people see them as a major technological revolution. Blockchain technology comes to mind in particular. Without going into too much detail, cryptocurrencies were designed to operate on a decentralized infrastructure, ensuring a higher level of anonymity and financial accessibility than traditional currencies.
This includes ensuring long-term capital growth through an anti-inflationary system. All of these benefits have been made possible thanks to Blockchain technology, which allows people to be independent of banks and have total control over their finances. This desire is particularly understandable given the current economic context. This technological advance has paved the way for virtual currencies and new forms of payment.
The devaluation of the traditional currency, in our case the euro, is the consequence of excessive inflation caused by central banks. Although this has been justified on numerous occasions, especially to get us out of the financial crises caused by the banks themselves, it has been harmful to us.
Since the recent COVID-19 crisis, central banks have never printed so much money. This explains the general rise in prices and the resulting loss of purchasing power, driving up the cost of living over time.
Nowadays, the simple fact of having euros in a bank account is no longer synonymous with security. Whether you have thousands or even hundreds of thousands of euros, if the currency is devalued, your savings evaporate. And in the event of a crisis, your bank will prioritize its survival over yours.
In the worst case scenario, your account will be temporarily frozen or your transfers and withdrawals will be restricted until the crisis is over. Uncertainty about the future evolution of the economy has increased in recent years.
This situation has created fear among people who want to protect themselves in case the worst happens. This feeling has strengthened since the war in Ukraine, causing gas and food prices to rise suddenly. All this at a time when purchasing power is falling rapidly. To deal with it and protect themselves against a possible recession, many have turned to cryptocurrencies.
Owning cryptocurrencies means, thanks to their design, a long-term growth in purchasing power and an effective store of value in times of financial crisis. This is why, despite some volatility, the value of Bitcoin has continued to increase over the years.
It's a reserve that only you can control, and no one can freeze or decrease its value by manipulating inflation. According to a survey conducted in February 2022 by the consulting firm KPMG, nearly 8% of French citizens, or around 5 million people, have already invested in cryptocurrencies.
While a significant portion may be purchased for speculation, the fact is that everyone has secured some of their money. But of course, being able to spend on cryptocurrencies is another matter.
Having cryptocurrencies without knowing how to use them is the same as having no cryptocurrencies at all. While this statement may seem absurd at first glance, it is true. It is essential to be able to use your cryptocurrencies directly for any type of transaction.
Of course, this is possible on all cryptocurrency platforms, but the downside is that the process is usually long and tedious, making this payment method ineffective. To solve this problem, the Lyzi mobile application appears to be the ideal payment solution.
Lyzi has developed an incredibly simple payment system that allows you to make any purchase in store or online safely without having to manually convert cryptocurrencies into euros. This is similar to traditional credit card payment methods.
When you want to buy a product with your cryptocurrencies, you need to open the Lyzi app and enter the amount you are spending. A cryptocurrency equivalent will be displayed and a QR code will appear. The merchant, who also has the Lyzi application, will only have to scan your QR code to validate the transaction and be paid instantly in euros and securely. It is a very simple electronic payment.
It should also be noted that this transaction does not involve any fees on your part and that you receive a refund ranging from 1% to 8%. Additionally, to find out which merchants accept cryptocurrency payments through Lyzi, the app provides a map listing all businesses that accept such payments, and they are also exempt from transaction fees.
Ease of use and simplicity are the main features of the Lyzi application. Available on the App Store and Google Play, the aim is to make cryptocurrencies accessible to everyone. Everything is designed to make the user feel comfortable.
The application is intended to be as intuitive and pleasant as possible. With a minimalist and colorful design that only has the features the user needs, even those who don't have a deep understanding of the crypto field can confidently embark on this journey and manage their cryptocurrencies with ease. In case of problems, the Lyzi application has a customer service team dedicated to meeting your expectations
