Re: Very strange most people like to buy with bitcoin , but using altcoins very few
Very strange thing i noticed: most people like to buy with bitcoin , but using altcoins very few
I think all clients i had from bitcointalk prefer to use bitcoin to buy services / products they needed ...
Not a single client that i had until now used altcoins like ethereum ,litecoin etc or tokens like usdt,usdc ....
Why do you think people don't like to use altcoins to buy things on the internet ?
Probably because of their huge demand for Bitcoin. You can see that Bitcoin's daily transaction is over $ 16.5 billion and it is also the top 1 coin in the crypto currency market. Many shops and merchants need to keep a lot of bitcoins because they can make a lot of money from bitcoin. they can sell it on the black market and make a lot of profit for the day, which is why many people just want to accept payments in bitcoin. I think all clients i had from bitcointalk prefer to use bitcoin to buy services / products they needed ...
Not a single client that i had until now used altcoins like ethereum ,litecoin etc or tokens like usdt,usdc ....
Why do you think people don't like to use altcoins to buy things on the internet ?
The simple answer is because bitcoin is very popular among them, and they feel confident to hold bitcoin than to hold the altcoin. Maybe the online store needs to encourage the other store by using the altcoin as an alternative to the payment system, so their customer can start using the altcoin. But that will depend on the user itself, and if they still want to use bitcoin, we can not force them to use altcoin.