Quote from: Ionzar on November 11, 2018, 10:59:01 AM

Quote from: jatoman on June 13, 2018, 04:15:25 PM

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

Im in support of your second point, but the first point you made is wrong. Cryptocurrency volatility can be a reason for people not to accept it, but it cant be because they dont have knowledge about Bitcoin. Lol, what is there for them to learn about Bitcoin? That it is the money for the future or that it was created by Satoshi Nakamotoor the fact that it is fast for transaction with cheap fees. Everyone knows all that and there is nothing to learn.