In my opinion cryptocurrencies seem too volatile to be used in the future within a cashless society. For example, only a month ago Bitcoin was well above £12,000 and it now sits at around £7,000.
This does not mean I would not like to see it, I would love to be able to spend Bitcoin on Amazon, there have been rumours surrounding this. What are everyone's thoughts?
When majority of the people get into bitcoin or any altcoin, its value will become more stable and its not going to be too volatile. We are seeing bitcoin dramatically changing its value because there were still few people who has the big volume of it. Its normal at this season to see sudden dropping and pumping, seeing how bitcoin gained popularity surely it will once again regain its high value.
Its toi early to see bitcoin being a primary form of payment, it might happen but it will take a lot of adjustment and adaptation.