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There's almost no reason payment couldn't be handled with a reputable, totally decentralized stablecoin like Dai. The solutions exist, but they need to be socia
by lazzlazzlazz 7y ago
There's almost no reason payment couldn't be handled with a reputable, totally decentralized stablecoin like Dai. The solutions exist, but they need to be socialized and streamlined.
EDIT: Would love some reasoning around downvotes.
- themagician 7y agoThe only crypto that will ever matter is one fully endorsed by banks. At the end of the day you can't spend cryptocurrencies. When Walmart accepts a cryptocurrency then maybe people will consider actually using it. Paying people in some weird unheard of stable coin doesn't help anyone if it can't be easily converted into real currency that people use and accept.
- lazzlazzlazz 7y agoConverting these popular stable coins into dollars is as trivial as initiating a bank transfer, though.