More restaurants accept BTC | why though?

in #bitcoin7 years ago

With bitcoin transaction fees being $2.50-5, why are people still choosing bitcoin for small trades.

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Shouldn't we see greater adoption of alt-coins in such industries?

One day, the steemit cafe will be a thing:)

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Bitcoin is definitely still the best choice. It doesn't make sense to accept a coin that almost nobody owns in your business. Besides that, the high fees on Bitcoin are a temporary issue, this year some breakthrough will happen.

There is not much needed to make bitcoin payments cheap and fast again, because I think the last year the network is spammed by big block advocates to force their will trough the community. Exactly when Segwitx2 was signed, the transaction fees went down a lot. Coincidence?????

we'll definitely will have to see alt-coins taking the lead because the stagnation in the bitcoin sphere with failing to scale. Current 3-5 tx/sec in bitcoin will not be able to serve for mass adoption. I personally like DASH as the alt-coin to be used as cash for everyday transactions.

hopefully there are payment processors that can integrate many different coins. Quite possibly, the future is an array of alt-coins working together(just like today's fiat system.

Regardless, I really hope I see more services for altcoins. (localbitcoins, ATMs, etc.)

click here!This post received a 2.8% upvote from @randowhale thanks to @koffee! For more information,

I think they just do it for marketing. Nice little story for a local newspaper etc

That would definitely add some spot-light to a restaurant.

steemit cafe now thats interesting

Im up for LTC as a micro-transaction currency

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