Post
Topic
Board Bitcoin Discussion
Re: 67,1% of micro businesses do not know what cryptocurrencies are.
by
btccashacc
on 13/01/2020, 15:06:02 UTC
What you think?
-Why does the population know cryptocurrencies?
-What would happen if at least 67.1% of microenterprises accepted Bitcoin as payment methods?
-Could it be that there are more countries like Mexico in which the population does not know or fear this new technology?
The price would be spike since more people use bitcoin as a payment method. Even in developed countries, most people don't know about bitcoin and crypto, I don't know if they are very comfortable with their fiat now. The reason why bitcoin still not being adopted widely as a payment method because the fee is just too high compared to other payment methods even fiat charges no fee, if people want simplicity or cashless then they will choose fiat among those options.