For now, the most reason why BTC is not good enough for common payment is yeah, the high transaction fee. However, Bitcoin is the most trusted crypto. If there should be a payment from crypto, many people will prefer to accept BTC because it is trusted and valuable enough compared to the other cryptocurrencies. Although in the crypto world, many people will not prefer to the BTC for payment because they know the fee. however, what's about the people or company out there? They probably only know BTC as the best crypto and most used crypto. Most of them only trust in the Bitcoin. And they only want to accept BTC. This can be a dilemma. However, the choice is on everybody's side.

Businesses are considering the volatility of cryptomarket and maybe this is the reason why they still don’t want to adopt and we cannot blame bitcoin for that. Fees wise, cryptocurrency is a lot more cheaper and faster compare to the banks. So there’s still a chance for the main stream only if we can encourage more businesses to adopt and to search more about the benefits of cryptocurrency.

Crypto will go mainstream on different perspective, it might not be thru payment system but it can be into something that is more important, and that adoption will begin very soon.

Total embracement I guess, people should start implementing crypto payment in their businesses across the globe and also to avoid volatility the merchants and business owners should swap tokens and coins to usd coins instantly, it should work this way

In fact this is true, Bitcoin needs a long time to confirm the transaction as it requires large fees and these are things that make a lot of people prefer to use altcoins like XRP, TRX, LTC, Dash because it is much faster and its fees are low compared to Bitcoin.
But I think this problem has been solved with the Bitcoin lighting network where fees have been reduced very significantly and the speed has become superior to altcoins as well but the Bitcoin lighting network has not been widely popularized yet.

To the best of my knowledge the federal government does not draw up fiscal policies, they rather approve them when a bill is passed, the central bank of a Nation is responsible for making economic policies which they think would benefit the nation.

You should also note that the sector that makes the policies is different from where actual bills are printed. The idea of 'printing money out of thin air' should not be taken literally as this rarely happens. What the central banks does is they put measures in place to counter the effect of an economic issue;
During a recession, an expansive monetary policy would be passed and this would help to stimulate the economy and increase the cash flow without printing more actual bank notes. This can be done by;
• Making cheaper credits available for banks. This would increase the amounts local banks can borrow from the federal reserves, the bank in turn would make loans readily available for the populace at cheaper interest rates. This is done to stimulate SMEs by injecting more money into the market.
• They can also engage in quantitative easing: were the central banks would buy securities and bonds from member banks, and provide them with credits in those amounts, this increases the liquidity in Banks and increases the flow of money. This was done by the Federal reserve in America during the 2008 financial crisis

These measures are rarely taken proactively and are usually implemented after a recession has already hit, hence the outcomes are not usually very impressive, they are used to set an economy on the path to recovery. It could take several years after it's implementation for the economy to begin to expand.

Hi,
I have found an ERC20 token related to a business I think is interesting. The only issue left with me is how can I verify, within their open source code, that the creator of the token can't just create as much token as he wants at some point if the token becomes very valuable. Does anybody know? Thank you!

Depends on what you're looking for. Some people like to be paid in BTC or ETH because they like the speculative side of things and believe the crypto ecosystem will gain value over time. Similar to if someone asked you if they could pay for something in Apple stock, and it would be up to you to decide if you thought that was going to appreciate in the future.

I personally really dislike stablecoins because the issuing parties are either sketchy (like Tether) or not prepared to do support any real volume (like GUSD). If you're gonna accept crypto, I would just accept that it means you are intrinsically bullish and take BTC and ETH.

Paper currency is the most stable currency that does not know sharp fluctuations from time to time, but the cryptocurrency as we have all seen is more volatile since its inception. That is why I do not think that crypto will be a solution for merchants who accept payment in digital currency. You can only benefit from investing in digital currency.

Stablecoins are usually tokens that are built on the Ethereum or Tron network. So they are dependent on the main coin and its blockchain - especially on the network security, scalability, fees, and transaction speeds. I just would like to say, that you simply can´t use stablecoins without the altcoin and its blockchain for now. There is no stablecoin that uses its own blockchain and probably that's good because it is much easier for the users, to hold them on one Ethereum wallet.

You really cant put Bitcoin out of the map considering its legacy and popularity among the cryptocurrencies out there. Bitcoin is more convenient and popular so using an alternate coin would be like switching from a smartphone to a keypad phone. I hope you get my point.

You are wrong...
Who complaints that the Bitcoin transaction is slow? Who says that Bitcoin technology is old already?
There is no other Bitcoin than this the Old one (as you say). Yeah, we can create a lot of altcoins but not another Bitcoin.

We don't need to be FUD in here if we don't believe and trust this technology. Bitcoin is just a 10-year-old baby and it already showing great and amazing results. We have the dumps and ups but people are still happy with this, don't you ever know that? I hope you don't mind this but to consider reconciliation rather than to think wild.

Nobody is forcing you to use bitcoin, and I doubt the community is forced either. If you don't wanna use it then you can move one, and tried to compete with the bitcoin chain. Old or young doesn't matter in crypto, or if you want that to count, then factoring the security of the network must be included too.

Simply because something started earlier than everyone, doesn't mean it's no longer good.

I want to believe USA and her dollar are the only currency that can withstand the effect of the pandemic and the influx of fund, especially with response of the fund from the government as palliative, we may be disappointed. We may see a properly management fund in the economy, more so the drastic opening of the economy is strategically placed for swift recovery into normalcy.