Very strange thing i noticed: most people like to buy with bitcoin , but using altcoins very few
2 Things why people tend to buy Bitcoin than altcoins. Trust and popularity.
When you say crypto, the first word that will come to your mind is Bitcoin right?? Now it is happening to most of the people worldwide increasing its popularity.
Bitcoin is the first cryptocurrency that has been made thus, many people trusted it already because it has been there for a long time.
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 ?
Possible reasons are:
1. They aren't holding any of the altcoins.
2. They aren't familiar with it.
Yes there are some altcoins which has a transaction speed faster than Bitcoin but the fact that the Bitcoin is the most trusted crypto is the reason why many people are still using it. Some only know Bitcoin too and not know other altcoins that is why they aren't using it to buy things.