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Author Topic: How reliable is crypto payment?  (Read 338 times)
Hellkas
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July 02, 2020, 06:46:42 PM
 #61

There was bews some time ago that such retail giants like Amazon and EBay will start to accept payments in cryptocurrencies, but the main problem is crypto`s price instability so it`s very difficult to use cryptocurrency as payment method, only few markets accept it and I can`t predict when situation will change
Maturnuwun
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July 02, 2020, 07:02:26 PM
 #62

I think for the crypto payment system in the future, it might be more suitable only with stable coins, as we know that stable coins only move with fixed prices different from very significant altcoin, stable coins are almost not much different from the dollar.
dentolas
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July 02, 2020, 08:45:39 PM
 #63

Stable coins are often seen as a defence against volatiliy, but volatility has the trend to atenuate in time, as the market expands and the coin get's more distributed, so in time the part of stable coins will not be so important ...
doing/receiving crypto payments in daily life will have so many adavantages against fiat that it will be adopted widely

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TEX-LXRY
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July 02, 2020, 08:48:35 PM
 #64

We are a age where everyone is getting digital. Everything is getting digital. People are adopting digital payment methods, However people are not much aware of cryptos but I think it has a good future as we have many +points in crypto.
 
Some people are trying to copy all the features of crypto with some payment apps (I noticed many similarity in many payment apps) but anonymity can only be provided by crypto.

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