Why Crypto Adoption Isn’t Translating Into Everyday Payments
Despite strong support for crypto adoption, a survey shows most users rarely use digital assets for daily payments due to infrastructure barriers.Summary
A survey of over 5,700 Bitcoin holders reveals a significant gap: while nearly 80% support broader crypto adoption, 55% rarely or never use digital assets for everyday payments. The primary barriers preventing routine spending are limited merchant acceptance (49.6%), high fees (44.7%), and volatility (43.4%). Usage is highest in digital-first environments like gaming and e-commerce. Mark Zalan, CEO of GoMining, suggests this is a "day-to-day product problem," arguing that crypto payments must become as boring and reliable as tapping a card, disappearing into the background for mass adoption. Users are driven to use crypto by privacy, security, and incentives like rewards, indicating that incentives are currently necessary to compensate for friction. Zalan believes that increased payment utility, even via layers like Lightning, will ultimately strengthen Bitcoin's role as a store of value by building resilient demand and infrastructure.
(Source：BeInCrypto)