Post
Topic
Board Economics
Re: About real state of cryptos
by
michkima
on 27/03/2018, 21:14:34 UTC
Hi all. What do you think about this idea - is it possible to actually use crypto for daily payments?
read on medium

give your opinion

It is possible, but not with bitcoin nor ethereum. The high prices and slow transactions will not be ideal for merchants and customers to use these. Probably something like ripple is good since it is fast and cheap to use. But the problem with ripple is that it is centralized. However, there are less popular coins that can be used to do this. We just need a concensus with the public which one is perfect.