I’m hoping to see this happen in my lifetime. I’m confident we’ll get there eventually, but given how frequently governments attack cryptocurrency, I’m not sure how soon. Nonetheless, utilizing crypto to pay for ordinary items would be amusing.
To be honest, I don’t think this scenario is too far-fetched, given that wallets like Binance and CoinBase, as well as newcomers like CoinOvy, have already announced crypto credit cards and other ideas to replace Apple Pay and Venmo.
While it isn’t a 100 percent crypto payment, it does provide exposure to the cryptocurrency and familiarize people with it.