great article! Indeed, there seems to be a vast gulf between the promise of crypto payments at scale and reality. The price fluctuations being one. Why spend a Bitcoin now if you believe it will go up 100 times in value still. either you are investing with it or spending it... can't have it both ways.
For certain countries Bitcoin is one of the few practical ways to move money, and yes it is volatile but they say, at least overall the volatility goes up not down like their national currencies...
RESTEEMED BTW
Thanks @the-traveller. Appreciate the resteem. I think there's plenty of articles talking about the technical aspects of spending cryptos but not many talking about this deflation issue. I think you put it well when you say it's an investment or currency for spending but not both. Same way you can't spend shares in a company.