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.
I didn't know that some countries impose spending limits on people's bank accounts. This is weird.
Spending lots of BTC on expensive purchases doesn't make sense to me. You can spend altcoins or stablecoins on buying stuff(if the seller accepts altcoins and stablecoins as payment). Maybe you could gather more cash and spend cash on offline purchases.
The BTC price is going to increase even more, spending BTC seems like a bad move right now.
I don't believe that Amazon is ever going to accept BTC/crypto as a payment method. They are doing just fine with fiat payments.