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RE: Coinbase Launches Cryptocurrency Merchant Processing - Bitcoin, Litecoin, Ethereum, Bitcoin Cash- Jeff breaks the news!
What are your guys opinion on the new service from Coinbase? Do you feel crypto is at the point where people will use it to buy bananas, coffee, etc?
Personally, I feel we’re still far off the day where crypto is used as a currency regularly. Even though this is the ultimately the goal, adoption has just begun and mass adoption is still further down the road.
Coinbase would be better off working on current needs instead of working on irrelevant at the time case uses. Adding Stop Limit Orders is high on public demand, Canadian residents still can’t cash out gains, and other updates/changes are far more relevant and NEEDED.
So, are you going grocery shopping with your crypto?
Not grocery shopping yet but I do think it could be this year with things like the Litepay card! Any steps towards mass adoption what I'm watching.
This IS the year crypto becomes more mainstream, without a doubt. We are currently seeing the beginning of adoption, but far more needs to be accomplished before we see mass adoption. Which to me makes this kind of step far to early of an approach. Until the masses are willing to use crypto as a “common currency”, I don’t see this gaining much traction and being used
agreed