RE: Could Bitcoin Soon Be Accepted Everywhere?
Precisely, that's what I believe will end up happening. Just use a Crypto that is user friendly and scale to begin with. No need for a any middle man unless converting back into fiat. Facebook, Square, Signal, Venmo, Twitter need to all have native Crypto wallets integrations built right into the account. They could just easily make a partnership with a multi-currency wallet. Some of these universal wallets have stable tokens right inside. You can have a DEX that instantly converts to stable USD coin for nearly free. Merchant can make a decision wether or not to make a bank withdraw or leave some in Crypto to pay employees. You can even do percent's. Merchant can choose how much Stable coin or Crypto they want. Example, 20% BTC, 20% ETH, 10% Dash, 50% Stablecoin.
Wow you put a lot of thought into it.
I think a pegged currency could be the answer because they are always same price with little to no fees (0.01% most of the time)
Yes, I believe that is already starting to happen. I am sure Coinbase will add something like Stable Coin Maker Dai direct USD pair in future. It's decentralized, so you can prove the reserves are there unlike Theter. Just having the ability to buy a decentralized Stable Coin to bet in predictions markets like Augur would be a game changer. Stable coins are going to gigantic in use. I think the biggest coin by market cap will be a stable coin built on top of public blockchain. Two very important projects are the Dai and a project Circle is doing for stable coin.
It would make trading a lot easier if they did that, sounds great.
I'll have to check DAI and project Circle out soon.
Funny you mention tether, I dont know why but I just have no faith in tether, It smells fishy but I dont know why.
Tether requires trust that the dollars are actually there. Other decentralized coins like Dai requires 0 trust like Bitcoin since you can mathematically prove the collateral.
Ok that's crazy, why would people even buy tether.
I smell a boycot (or a girlcot for the SJWs among you >.<)