Post
Topic
Board Altcoin Discussion
Re: How reliable is crypto payment?
by
fuer44
on 02/07/2020, 13:57:18 UTC
I thought about the use of cryptocurrency by merchants for day to day trade settlement. When combined with fiat, it gives customers a lot of options and flexibility to chose how they transact. On the flip side, I am also thinking that crypto volatility could poss a lot of dangers and issues when adopting crypto for payment.

What do you think about the future of cryptocurrency payment, will conventional altcoin (non-stablecoins) have a chance or the race will solely be won by stablecoins?
indeed, from the first the main problem was about crypto volatility which would indeed be difficult to use for payment. so, between traders and buyers it is necessary to convert precisely the price of the goods and the value of the crypto itself so that changes in the price of crypto do not affect the price of buying or selling goods. I mean, every trader and buyer must always pay attention to the price chart, and always make it the same. if there is already an automatic conversion application, it will definitely be easier.