Let’s face it: crypto adoption has been going down for quite some time. There are fewer and fewer merchants accepting Bitcoin, let alone other cryptocurrencies. This is a bit surprising, given that many issues hampering adoption in the early days have been sorted out: user interfaces got a lot safer and friendlier, major cryptocurrencies are much less volatile than they once were, the assortment of tools for merchants as well as consumers has substantially increased, layer 2 solutions addressing bottlenecks are becoming practical, and yet…
A once-popular crypto-only travel agency, BTCtrip.com has closed shop, leaving unfulfilled orders and defaults on refunds in its wake. Restaurants that once accepted crypto payments no longer do. Fewer and fewer webshops offer crypto as payment options.
In this article Daniel Nagy, a software architect and Ethereum developer, explains why this is happening and how this trend can be reversed.
https://forklog.media/why-crypto-is-not-universally-adopted-and-how-to-change-it/