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?
I believe that this situation is caused by two main reasons. First of all, the lack of knowledge of many people, they do not understand the importance and advantages of cryptocurrency for making payments. It is also necessary to take into account the high volatility, which does not allow cryptocurrency to become a reliable means of payment