Why should people pay with Bitcoin or Ethereum now when in a year it could be worth 2x?
I'm seeing that many shops are implementing crypto payments lately, but would you ever pay anything in, for example, bitcoin or ETH when their price could virtually double in the next months?
I would definitely not.
I agree on that! However, someone needs to start supporting cryptocurrencies simply by using them. #upvoted #follower
Definitely! But imho it's still too volatile to be mass adopted by the market. Do you imagine being at the gas station while you're refueling your car and waiting for the dip to pay? LOL
Haha, of course not, it is way to volatile now, but seems like people are occasionally are doing that. I would like to know if there are people that actually regularly paying stuff with Bitcoin (e.g. in Restaurants in Japan) or so.
once I get paid in crypto (like here on steemit), i will have no problem to pay in crypto. The only way to finally get rid of fiat.
I think that a more stabile market or a reference coin would be needed tho.
By reference coin, I mean some crypto whose value stays (almost) constant over time
i think that crypto prices will automatically become more predictable once the economic circle is closed. (you earn crypto, you pay in crypto)... Since the cryptocurrency is not influenced like a fiat currency. for example, if the country goes to war or has an economic crash, this affects the countries currency.
What I'm trying to say, there are less factors in crypto that influence the price. But yeah, right now we are still in the figuring-it-out-phase :P
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Beautiful post