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Some 2 years ago quite a few services and shops were trying out bitcoin and offering it as an actual option for real-world payments. This trend has reversed, ne
by PeterisP 7y ago
Some 2 years ago quite a few services and shops were trying out bitcoin and offering it as an actual option for real-world payments. This trend has reversed, new offers are very rare and many companies who offered it in 2017 don't support it any more, as for any 'normal' business the amount of Bitcoin transactions they got (wherever I've talked with them) was extremely low after the initial buzz at launch.
The current number of transactions is not constantly rising. The current short term trend (https://bitinfocharts.com/comparison/bitcoin-transactions.html https://bitinfocharts.com/comparison/bitcoin-transactions.ht...) is downwards. It's now about the same or less than it was in peaks of 2017 and early 2018, and whatever the growth in 2018-early 2019 was made of, it doesn't seem to be in consumer purchases of goods and services (i.e. being used as a currency).
- faissaloo 7y agoSure, because it's still unstable, as more and more people use it the price will become increasingly stable.