I think the biggest holdup on adoption is lack of demand. Merchants won't accept crypto until people start wanting to spend it. It's not just the convenience of banks that makes people not spend crypto. It's the idea that you buy something today with crypto worth $10 and a year from now you realize you paid $50 for that item. Only a stablecoin currency is going to get widespread use as an actual currency. The rest of the market to me is more utility tokens, security tokens, store of value, etc.
I agree
This is why it would be pretty awesome to have SBD hold its peg....
Edit: A Peg.
Out of curiosity, rather than pegging it to the US dollar why not peg it to a stablecoin?
I’m not clear on the stablecoins that don’t use any of the fiat currencies as their peg. The main thing though is for people to quickly and easily be able to determine how much value they’re conveying in exchange for what they’re buying. And to be able to trust that a month from now it’s the same answer.