Post
Topic
Board Economics
Re: Very strange most people like to buy with bitcoin , but using altcoins very few
by
tbterryboy
on 21/07/2020, 18:23:02 UTC
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 ?
simple, most people like transactions using bitcoin because the popularity of bitcoin is already known by many people so that it has a high value and is believed to be more able to maintain its value compared to altcoin which can be without us knowing in short the time can be worthless. bitcoin is a digital coin that is known to many people who are believed to continue to increase its value in the future
Yes aided by the fact that altcoins are not easy for everyone to understand and a lot of investors and crypto projects only want to work with bitcoins because it was the primary coin and then others followed in the chain.

By the way guys since we are talking about this, it is worth mentioning that bitrefill now allows balance to be preserved in USD once you deposit with bitcoins and eliminate the price volatility completely. you can also keep the balance in bitcoins though if you want.

They also accept ETH/DOGE/XRP and like 5 more coins overall so you might want to try them out and personally I have a great experience with them so far and if you pay proper fees they don't even wait for confirmations on BTC transactions.