Bitcoin usage on the merchant is increasing every year. Although it's nothing compared to the use of credit cards. Bitcoin has a $4 billion purchasing power while credit card has $3.7 trillion, but not bad for Bitcoin since Bitcoin is still growing.
People are not ready to pay with crypto. They prefer to keep it rather than spend it, Daumas said.
Although just like what he said, most of us would rather choose to keep our coins than to spend it, and I'm somehow guilty about it. Most of us see the value of bitcoin as an investment that we need to store than a currency we can use for day to day transactions. One issue I see is that there's still no enough merchants that accept Bitcoin unless it's a luxury brand.
Every day, crypto adoption is increasing so I really think that there should be something that will help merchants to learn crypto payments.
While it's good that the adoption is increasing, the difference is too serious. It probably means that if the usage increase rates don't change, it won't ever be able to catch up and turn into something meaningful. And the example of this guy's shop is very specific. People use Bitcoin there because they don't want the purchases to be noticed (so they use it to hide something, basically). I think people should use Bitcoin not only when they'd prefer to hide what they are doing, but just to pay for any stuff. And we are very far from that yet. I want to use BTC for causal stuff, but I find myself not being able to do that because the things I usually buy cannot be bought with Bitcoin.