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> Given paying with crypto is as easy as a QR scan these days once someone is onboarded, the other claim that you use, convenience, is about to go out the windo
by crumbshot 5y ago
> Given paying with crypto is as easy as a QR scan these days once someone is onboarded, the other claim that you use, convenience, is about to go out the window: see venmo, PayPal, CB integrations.
But why would you want to? In most cases, there's simply no benefit to using cryptocurrencies instead of real money.
Even if we could pay for our groceries, clothing, water, electricity, rent/mortgage, taxes, etc. with cryptocurrencies (which, for the most part, we can't) rather than real money, there's no compelling reason to do so.
- dogman144 5y agoThat’s another pretty common criticism, and it’s a fish don’t know water is wet situation for USA/lot of western counties. Adoption reasons (and evidence) are fairly well known and proven in other parts of the globe that don’t have currency safety. Fwiw Andreas Antonopolous’s content from early 2010s is good for working through this territory.
- spoonjim 5y agoIn fucked up countries even Bitcoin with its wild volatility is more secure than government currency. Cf Venezuela.