Quote from: fuerojuzgo on July 30, 2016, 12:46:55 AM

Hi there,

So I've been following the evolution of Monero for some time now, only project in crypto that actually gets my attention.

There are lots of speculations in this thread, but I have registered to encourage some speculation about actual use of Monero as currency.

Is Monero ready to be used commercially? and by ready I don't mean technically possible to use it, but if people who hold Monero would use them to buy services or products.

Yes, Monero is ready to be used commercially. It functions as a currency. If you were selling something right now I could buy it with monero. The question is whether I want or need to buy the thing that you're selling, and if Monero provides any advantages over some other payment option.

Quote

For example, I own a business totally internet based, let's say from today I accept Monero to pay for services, and I accept to pay my workers or other businesses/providers in Monero too.

Would anyone care?

A lot of privacy oriented people would care. If you're selling something that Bob wants but Bob doesn't want other people to know that Bob bought the thing that you're selling, Monero is the *only* provably cryptographically private means to do that (well, ok, you could become a master of bitcoin private operating procedures, but that, at best, will get you some percentage of Monero's privacy).

Quote

If not, why not

A lot of people outside of Moneroworld or cryptocurrency universe would probably not care. For 1, very little people have heard about bitcoin, let alone monero. Yeah, there are payment services out there that will allow anyone to accept Bitcoin, but most of them just convert straight to fiat money.

Quote

and when could this change?

Does it depend?

I guess crypto-currencies are created with the idea of being useful, I would like to know what are your ideas about Monero being really used.

It will change when people like you, who have something to sell and need to pay people, do so in Monero. This is the catch 22 of all cryptocurrencies really - people need to use it as a currency in order for it to be used as a currency.

Cryptocurrencies are created with the idea of being useful, and Monero is really useful. Whether or not people use it depends on whether or not people use it. This is the paradox. Governments and central banks have the advantage of mandating that their currency is used for all things. No one is demanding that your company pays its bills in bitcoin / monero - its all opt in. And because its all opt-in, there needs to be a large number of people opting in, otherwise your point is exactly right - it won't be really used.