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.
Aside from other qualities of Bitcoin the two major things that makes Bitcoin more attractive and unique than every other crypto and fiat currencies out there is its security and scarcity.
From the year 2024-2025 Bitcoin has taken a new direction in its level of adoption and recognition more than what we've ever had before, particularly on the institutional perspective. Definitely we're going to move into a clearer phase of adoption where Bitcoin will likely be recognised as a currency for global payment system, where fiat currency currencies will only have its use on the local side and this is why w e see the US is positioning itself before many other countries begin to follow suit.