Will people ditch cash for cryptocurrency? Japan is about to find out


#1

#2

I thihk everyone agrees that cash is a hassle. But consumers are going to want to know why crypto is better than the fiat debit card they already have.


#3

The advantage is to be able to hold and spend funds with anonymity. Or, spend money internationally without fees for fiat conversions. Otherwise, a fiat debit card works just fine.


#4

This is a big deal though. The fees and bad conversion rates make fiat very expensive to use internationally.


#5

Ditching cash for cryptocurrency will be gradual.This is because cryptocurrency should be fully grasped by everyone first in order to ditch cash.