Quote from: tippytoes on Today at 11:14:14 AM

Quote from: FlightyPouch on Today at 10:58:54 AM

Quote from: serjent05 on October 29, 2020, 08:01:36 PM

In the current situation, I still believe that fiat is more important than BTC in a day to day transactions of a normal citizen.

Well, this is also my opinion. Since we can't actually use bitcoin in our daily basis, our daily transactions, I don't think people would choose bitcoin over fiat. But in the case of an investment, I don't think people would choose fiat over bitcoin or other crypto currencies since we all know, it is better to save or hold crypto currencies than fiats.

Fiat is still the main currency of global population. Only small percentage up until now are crypto users. And those crypto users are also fiat users. Mainly, we still need to convert our crypto to fiat in order to spend it. Not many merchants are also accepting crypto. But I believe, adoption will grow, one contributor may be PayPal in the very near future. Since it is already available on this platform, merchants may think of adding crypto also in their shops. And so with the users also, at one point, they will think of trying to get involved with crypto as it is already on their reach.

I just hope that Paypal accepting crypto currency, mainly bitcoin would also make other platforms especially here in our country to do the same. If a lot of trusted platforms would accept bitcoin, the adoption of it would be larger and that would start what we've all been waiting for. The fact that the price is $13K makes me think that Paypal has somehow affected this growth.