Quote (SBD @ Aug 12 2021 01:51am)
Exactly that's why I don't understand why I wouldn't want to invest or hold it vs spending it like op is suggesting is a good thing.
You gotta understand theres tons of people that dont have daily jobs but only do crypto tradings, and accepting them directly as a way of payment is great for them. With time, crypto will be even more common than it is right now which will bring more traders to the market.
In europe, some banks wont even open a bank acc for you unless you bring a proof of employment. There are no bonuses but instesd you pay x cents per transaction via visa, and u pay X euro monthly for having an account. There are no long term benefits for 99% of ppl.
With binance visa you can spend traded crypto and stake rest od it through app that u wont use or trade it another day.
It might not be widely used compared to visa, but seeing how amazon starts taking btc, more smaller yet big companies such as amc are just gonna follow up and pump btc price