Hey guys,
It's been dawning on me for some time that there is one thing that businesses must hate.. credit card fees. So with this in mind why is mainstream adoption taking so long! We're not saying invalidate fiat currency and only accept BTC or Alt-coin but businesses don't seem to want to touch it?
What do you guys think the real issue is? Education among consumers and businesses? Volatile BTC price?
Tully
The really issue is mentality. Most people are a bit like race horses that have visors in their eyes and only look forward... people only look for what they know and what's already established without even considering new things. So yes: education is really needed.
Volatility isn't much of an issue nowadays, especially with services like bitpay...
this 100%
btc is too mysterious for most, even today. It takes a lot of time and energy to learn all about it, and that learning is peppered with countless stories of loss, so it will be a while before businesses jump on board. fortunately there are a few big companies who are leading the way, the rest will follow eventually.
once people learn abouyt btc and understand it sufficiently, it doesnt make any sense to continue the fiat game.