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RE: The Conundrums and Paradoxes Inherent in Cryptocurrencies: A Non-Expert Exploration

in #cryptocurrency • 7 years ago (edited)

Interesting thoughts. Resteemed.

About crypto payments: Keep in mind that most business owners that accept crypto convert it instantenously to Fiat. A small step for crypto adoption would be to convert part of the payments to Fiat - for example 80%- and keeping the rest as crypto.

7 years ago in #cryptocurrency by
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     7 years ago 

    Thanks! Yes, I do realize there are ways to have your crypto payments go directly to fiat. But therein lies part of the issue I am wrestling with, here... we ARE still looking at everything in terms of fiat, and the "crypto" part seems just like a shiny now wrapper around something we already have.

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     7 years ago 

    Stablecoins could be an interesting approach to the Fiat problem.

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