So we got ourselves 2 nice commodities to hoard and trade...
But it will be ANOTHER coin or note that will become a currency...
Something that is AN ORDER OF MAGNITUDE MORE CONVENIENT and modern than BTC...
I would bet it will run almost entirely on cellphones and smartcards.
I've wondered a bit about using any crypto as a currency, and run into the same problem. What benefit is there to the consumer (at least currently)?
It's like a very slow debit card, requiring installed wallets, without any benefits found in most credit cards (price protection, discounts, consumer protection).
A smartcard sort of solution could work, if it combines credit card benefits + ease of use. I think one of integrated payment gateways (coinpayments, gocoin, etc) may be the way to get cryptos into general use, if they somehow combine the gateway with a debit card plus also offer discounts for using cryptos for purchases. Maybe something like a shopping portal would work, as plenty of those exist with credit cards offering discounts.
That way, cryptos could be used with any merchant at all; some could get discounts if using the portal, and merchants wouldn't have to sign up for anything, it'd just be treated like a debit/credit card.