A lot of people currently hold either BTC or USDT, do you guys think popular ecommerce websites will start accepting BTC as payment methods alongside PayPal and the rest?
It really doesn't matter how many people hold Bitcoin or any other cryptocurrency. For the merchants to accept cryptocurrency in their E-Commerce platforms, government framework needs to be present. As a businessman, no one wants regulatory hassles. If cryptocurrency is not recognised as a legal tender in any country, the merchants of that country will not accept cryptocurrency in their stores or in any eCommerce platforms. It's as simple as that.
I second you. Many Asian (not Far east) countries have not yet implemented online transaction features let alone considering Bitcoin as a mode of payment!
The governments are busy resolving their own issues.. neglecting what their country actually needs to progress
