Do you guys actually use or would use Crypto as a form of payment right now? (if there was a wider use in public)
I personally see crypto as a form of investment and not as a currency tbh. Not yet atleast. I truly believe Crypto is going to be the future but I just can’t imagine, even in the near future to use a extremely volatile crypto as a form of payment.
Like lets say the price of a pizza i could buy today is 0.0002 BTC = 10€. But since BTC is so volatile that price of 10€ for a pizza must be updated like every minute and that just sounds kinda confusing and complicated because the 0.0002 BTC tomorrow could be worth 12€.
And even if there was a wider use in the public (stores, restaurants etc.) i personally wouldn’t use my Bitcoin as payment as of now. I did order something for 50 bucks off the Internet around September and used Bitcoin as a payment. If I would have just used PayPal the 0.005 BTC i payed would have been 240€ today. So what i want to point out is, I wouldn’t want to pay with my 50€ Bitcoin that potentially could be worth double the price in a month.
English is not my first language so i hope i could explain my "concern" 🙂
But I actually don’t know if thats something of significance. Does that even matter? And if yes what would have to change?
Edit: Why did i get awarded for this lol? Thanks i guess:p