So I am not really into cryptocurrency and only have some basic knowledge. As far as I understand the idea between crypto (or especially bitcoin) was a decentralized payment system. Everything I heard about crypto the last few years was only about trading and value going up and down blabla. How is it going so far for using it as a payment method? Are there countries, systems, spaces in the internet or anything that actually use crypto for paying? Whar are some good examples? Do you yourself use some of these?
And are there maybe even PayPal-like Apps which you can use for paying in crypto to others?
There are some places in the more touristy parts of Havana Cuba that accept crypto as payment.
In general crypto is only going to be adopted in situations where there aren’t more convenient alternatives. Because of the embargo you cant use American bank cards to make purchases in Cuba. People are always going to use whatever is most convenient. In most cases that’s not going to be crypto. It’s the legal barriers that prevent using a normal credit card that create the situation where people would use crypto.