RE: Would you actually pay for your next meal in crypto if you had the choice?

You are viewing a single comment's thread from:

Would you actually pay for your next meal in crypto if you had the choice?

in cryptocurrency •  7 years ago 

For me, there's an interesting philosophical question there.

We call these things "currencies" and we are hopeful that they will become broadly adapted as challenges and alternatives to fiat money... but, at the same time, we cling to our coins as "investments" because recent history show skyrocketing prices.

But is something really a "currency" if we're not willing to release into an economic marketplace? And then the follow-up question: Would be be even HALF as interested in cryptocurrencies is they were simply priced at a more or less stable level? Let's say Steem was almost always right around 2 USD... if "appreciation" wasn't part of the picture, would cryptos still be "cool?"

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I would certainly still appreciate them because of the blockchain capabilities. But I guess it would dramatically slow down adoption of crytos in the general population.