First of all, I have only made use of cryptocurrency as real money online. I have yet to experience paying crypto in a restaurant, shopping center, hotel, and so on. I am more than excited to try it, though.

Based on experience, the real hindrance why crypto is seldom being used as real money is that there are too few land-based stores and other businesses that actually accept cryptocurrencies as payment. Volatility is one thing, for sure, but then I am certain that many of my countrymen are still using crypto in paying bills, buying game credits and cellphone loads despite its volatility. So I guess if only there are many commercial establishments accepting crypto payments, it will be used as real money.