Post
Topic
Board Altcoin Discussion
Re: Why aren't cryptocurrencies successful as a medium of payment
by
BitcoinMarketer39
on 29/07/2018, 09:31:54 UTC
The global economy is nearly 80 trillion USD per year.  Payments using any type of cryptocurrency as a medium of payment is a tiny fraction of this total.

What are some of the reasons preventing cryptocurrency from being more successful as a medium of payment?

Not every country can actually manage to have a good economy and that is the reason why cryptocurrency will not always grow because it also requires a legalization from the government.