Jun 14, 2019 15:33 UTC
Jun 14, 2019 at 15:33 UTC
With digital currencies slowly taking over the world, the next big step will be to see local shops and marketplaces offering them as an alternative method of payment.
This is easier said than done, however. Larger coins like Bitcoin have high transaction fees that make them unfavorable for micro-transactions such as buying a coffee.
After Bitcoin, there are literally thousands of altcoins to choose from, all employing a dizzying range of technology that any coffee shop vendor would have a hard time deciphering. As it stands, cryptocurrencies might actually be suffering from this bloat of variety. The indication is that the technology just isn’t there yet for mainstream,…