Vitalik Buterin believes that cryptocurrency settlements need to be simplified

Ethereum founder Vitalik Buterin believes that cryptocurrency adaptation requires not new trading tools, but its widespread use for daily purchases.

Vitalik Buterin tweeted that there is now too much focus on crypto ETFs, and not on making it easier for people to make everyday purchases with cryptocurrency at a nearby store. In his opinion, the former is better for raising the course, but the latter is much more effective for real adaptation..

In the course of subsequent communication with subscribers, he said that it is necessary to popularize virtual currency and introduce new cards and applications that simplify the payment process. He also wrote that he considers the current level of adaptation to be unbalanced due to a lack of real use of cryptocurrencies and an excess of investment..

Vitalik Buterin believes that cryptocurrency settlements need to be simplified

Virtual currencies are polymorphic in that they are used as investments and as a means of payment. Both functions are important, but for global use, actual application is critical. Wells Fargo / Gallup poll showed that now only 2% of investors own bitcoins, and only 1% are planning to buy in the future.

Vitalik Buterin’s words are confirmed by a study by the analytical company Elementus Inc., which claims that only every third payment in bitcoin is associated with a purchase..

text: Ivan Malichenko, photo: Younhap South Korea Out / EPA-EFE

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