The GENIUS act bill that was passed yesterday by Trump has everything to do with USDT and other stable coins, I get it but at least now things are looking more smoother for crypto payment? I believe that using the likes of stable coins and Bitcoin to pay online will now be more possible?
What do you think? Or am I getting way ahead of myself? I so much look forward for BTC payment option on large online stores like Amazon, because I can't find anything else that's easier for payment online than this.
I am not in the United states, I am way far away from America and in my country to use Fiat as payment is even limited, imagine you want to buy an expensive gadget that worth $6000 and your spending limit on every bank account can't exceed $3000 per month.
If BTC payment become a thing then it will make a lot of sense, I can decide to spend $10,000 per day if I want or can.
Making payments with BTC is not the main issue. I think what you really mean to say is the government making Bitcoin an alternative legal tender, where businesses are authorised to make Bitcoin a means of payment and are mandated to accept it should a customer or client offer it.
This will take time before the government implements it, if the government even has plans of doing so. Back to us bitcoiners: many still see Bitcoin more as a speculative asset than a currency. They would rather hodl it for profits than spend it.