Nowadays Bitcoin (BTC) is not really suitable for daily payments, because it is slow, its price has a high volatility, and it has high transaction fees.
These are the reasons why Steam is no longer supporting Bitcoin either.
Nowadays Bitcoin (BTC) is not really suitable for daily payments, because it is slow, its price has a high volatility, and it has high transaction fees.
These are the reasons why Steam is no longer supporting Bitcoin either.
Yes, on-chain payments can get expensive, especially during bull-runs or when ordinals (Bitcoin NFTs) are being generated. The lightning network (LN) has improved, however, and payments are usually pretty flawless (and cheap) these days.
I still question LN's long-term viability though, as its decentralization often comes into question. That's why it's nice to have alternatives like Dash, Litecoin, etc.
Nowadays I buy Litecoin (LTC), but only to buy Hive with StealthEX, because Bitnovo currently does not support Hive.
As for the daily payments, I think that stablecoins are much more suitable than regular cryptocurrencies.
Yes, so long as the US dollar remains stable (and doesn't hyperinflate against crypto at some point), stablecoins will be very useful.