Post
Topic
Board Economics
Re: How can we get people to use bitcoin as a currency?
by
best2015
on 20/04/2020, 11:33:31 UTC
How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
You said it by yourself - there aren't many stores who accepts bitcoin (or other crypto) out there.
And there aren't many handy tools to make transactions either.
Moreover, transaction fees are higher than for usd ones.
At this point bitcoin is really a thing to brag about and/or make profit.
It will take some time to make it possible to use daily, maybe it won't be bitcoin after all