People are too keen on visualizing some ideal future of the crypto world. This may be embedded into our history – the world was created by mathematicians. This is now the main obstacle on the way of cryptocurrencies substituting fiat money – mathematicians believe they can predict people’s actions. Here is an example.
There was a comment at BitcoinTalk on my last post. The post is about using cryptocurrencies as we use ordinary fiat money and make crypto a real payment method. The comment says that crypto is not ready for it just yet.
I will give a long response to this objection. People, stop searching for flaws in the existing cryptocurrencies! They are all just a theory that has nothing to do with reality whatsoever. Here is a real story for you:
There are turntables sold on our marketplace. So, a woman decides to buy her husband a turntable and remembers that at some point in her life she has bought a biocoin. Biocoin is not a common token and it has not become popular yet. Nevertheless, it is quite stable. The project is not a scam, it just quietly develops at its own pace.
As the woman does not have much money, she decides to pay for the turntable in biocoins. The seller is more competent, so he knows everything: how to exchange boicoins for more common currencies and what possible reasons to hold biocoins exist. The woman does not see that biocoins are promising in the long term, while the seller does. Anyway, the deal is done, both parties are happy and no one thinks that cryptocurrencies are not ready to function as fiat money.
You might say that was just a coincidence. Forgive me, but these coincidences add up to a sufficient number of transactions performed on our marketplace. Sure, eBay does more transactions than we do. But you know what? Even Amazon had only a dozen closed deals a day when it had first entered the market because online purchases were a rare thing, a novelty back then. There were people who bought goods online just for the fun of it.
The thing is that even the relatively small number of deals on the platform gives our team energy and strength to move forward. All these stories inspire us to improve the marketplace. If our team was trying to create a perfect currency or a perfect marketplace, we would probably just stop as we would have no energy to keep going. Small stories of success can inspire us, while the ideal world can’t – it is just an illusion, a hallucination about ‘how it could be’. You don’t have to be perfect because ‘perfect’ is not the same for everyone. We all have different ideals. And the woman from our story is already happy with the way things turned out.