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x3sphere | 2 years ago

Well, I hold crypto, but admittedly it's kind of failed as far as payments are concerned.

I used to use BTC quite regularly for payments back in like 2014-2015. But now, it's too expensive to move around due to fees so I just hold it. The same can be said even of ETH - the fees are too high to interact with a lot of the DeFi stuff.

There are 'layer 2' solutions that tackle the fees issue but uptake of these has been slow.

It's why they pivoted to calling BTC a store of value years ago. The payments side of crypto is kind of disappointing.

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