Imagine how fast the gossip will spread when finally a grocery store is accepting "credit cards" payments (karma). people all over the world can send their loves one karma coin with in 3 minutes into their account. they don't have to do anything else then start using to buy food and clothes for themselves.
In principal I agree with you.
In reality I think there are presently 2 issues with Karma that, if not addressed, could make this adoption problematic...
1. Confirmation time... 200 confirmations required by Exchanges means the Payment Processor holds the risk for a long time.
2. Total Coin Supply & Value... Too many zeroes (imho) for day-to-day use. Roughly USD $5 == PH 500p == 1 LTC == 1,000,000 Karma (@100 litosho)
Both these could be addressed by forking to a new wallet with supply of 920M (as suggested by someone earlier)
1, There is no need to involve exchange in such transactions
2. The price of Karma can be continually repriced for sake of these transactions, independent of exchanges. We would be letting an exchange that voluntarily decided to add Karma determine the value of Karma in these transactions. On their exchange, few-to-none of these new participants interact.
If, for example, these participants comprise 95% of all actual Karma usage it would not make sense to let an external marketplace (MintPal and it's KARM/*TC participants) determine the value that they receive for each Karma. The value should be determined much more by where the Karma is actually used, not traded.
Karma should therefore be priced independently of the exchanges with a "blue" market rate (an official black market), with a new limit to how many can be exchanged on this market each day (to mitigate the arbitrage problem).