what do you think could be done to help increase crypto usage in a near-cashless society such as Sweden using real-time P2P payments as envisioned by Satoshi?
Probably not much--the way I see it, crypto adoption depends on people having trouble using fiat (or not trusting it or the banking system). Thus far I don't think people are clamoring for an alternative to fiat except for hardcore bitcoiners, and that population doesn't represent the majority by any means. As it stands, the average person would have to purchase bitcoin first, then find a merchant that takes it, and then proceed with the purchase. It's completely unnecessary when everything is priced in terms of fiat and people receive their paychecks in fiat. There's no need for the average person to introduce another step in what could be a simple financial transaction just to spend bitcoin instead of fiat.
I'm not even sure going cashless is a great idea anyway, because if all you use is a debit/credit card, you're giving up a lot of your privacy. Most people don't even think about that, but I'd rather not have all my financial transactions known by banks and the government. Not that I only use cash, because I don't. I'm guilty of using plastic quite often. Anyway, the most anonymous way to pay for anything is with physical cash, and I'd hate to see it eliminated entirely.
This thread will be self-moderated because those posting here with Yobit banners displayed will probably have their posts deleted as soon as I see them.
Good call on that one.
