I was just discussing this with a friend the other day about how mass adoption of crypto will have be as easy as a venmo request and payment to someone. Right now tech is quite clunky and seeing peoples' keys can be intimidating to any new comer. What do you think will happen?
Do we have any projects in the works that help with this currently? I know Elixxir is in the works to make a messaging and payments app but they are still in alpha. I could see Lightning Network creating some sort of app
Libra could do it but Libra is going to be illegal in some countries. But if Libra really is developed as a cryptocurrency, no ban would restrict it.
Lightning network is also a solution. With just one satoshi fees, people would transact small amounts for buying.
It's really difficult for new projects to succeed as they are many but with very low credibility.
Libra is one of those anticipated project that will cater this kind of transactions, if this coin will really get the supports of many businesses and government
from each side of the world it can be used as payment gateway, crypto industry will see the benefits and also the negative side after this coin start facilitating and being used around.