I totally agree with you. When big brands take any stand with respect to cryptocurrencies usage as payments, it spur a movement in the market. When Tesla decided to accept crypto payments, its value rose by 15% and when they stopped, bitcoins value dropped to approx $45,000. In such scenarios, cryptocurrencies seem a good option only for speculation. But when small businesses start adopting crypto payments, it doesnt cause such volatility and crypto can be seen as an effective payment method.
As a small business owner, I too have started accepting crypto payments with CapitalWallet as I really believe in the supremacy of cryptocurrencies as payment method. Getting paid in crypto not only helps in lowering transaction costs but businesses can also attract new customers who are willing to pay in crypto.
Are you telling that if a small company starts accepting cryptocurrencies, its value will also raise, like Tesla's? Otherwise I dont understand why you have mentioned it.
As to transaction costs - when you sign a contract with any of your local banks, usually they dont charge card terminal rent during first year, some of them even dont charge during whole period when you are their client. I know that it differs from bank to bank, but they usually charge 0.9% or 1% + 0.01 EUR for each transaction here in Europe. For a small payment it is nothing, but when you make large payments its is costly. But we are talking about small business here. What is an average check in small business ? 10-20 EUR? Now compare 21 cents transaction cost to an amount you will spend to transfer crypto to exchange, trade, withdraw.