Post
Topic
Board Altcoin Discussion
Re: What will it take for crypto payment to go mainstream?
by
dunfida
on 08/07/2020, 21:56:11 UTC
From careful observation, it's becoming clear that it may be hard for crypto to go mainstream without the involvement of the payment sector. Whenever we talk about cryptocurrency payment, we quickly want to adopt Bitcoin. I think we are all getting it wrong here considering Bitcoin's high transaction fee and relatively longer confirmation time compared to other crypto stablecoins or other faster crypto assets.

My personal take, however, is that, for crypto to go mainstream and the impact felt, the focus needs to pivot a bit away from Bitcoin. Yes, it is the first crypto, but at its present state, it definitely cannot fit into every area. This is my opinion, if you have something contrary, I will definitely love to hear them.

I cant really deny but you do have valid points on here which is definitely true but to think that Bitcoin isnt really that forcing out to be a mainstream but only to the people who do mainly support it.
Adoption is still on the move though even there are lots of coins which are more better when in talks of fees and transfer time then you can eventually tell on which one is much more preferred by the whole community which is Bitcoin. Also we do know that LN do already exist, it might not be suggested for now but when this thing would be finalized out then it will surely fit out.