Really? I hated transacting with it tbh. It's not that fast, it's expensive especially when the network is congested and you type the wrong address, it's all gone. Imagine some old folk try to work around this thing. Practically terrible for daily use. I don't know who called it cryptocurrency when it really should be called cryptoasset. I've lost more money transacting than trying to practice some TA. Luckily the return made up for it but it ended up not that much. Probably when CBDC lands officially, it would probably better. Until then, it's just another asset/derivative imo.

No cause fuck this guy, he's annoying
I find it quite practical actually

2021 you still expect everyone to be tech savvy meh bro? How long already. This will never change. Even if you minus the address, the rest of the points still makes crypto a terrible replacement to fiat. At least until they made a proper CBDC version.

Nah. Definitely not faster than bank unless you're talking international money transfer. Even then there are already things like MoneyGram and if you just want to transfer to your own international account, TransferWise does a better job and it goes up to 30k. The problem with crypto like BTC and ETH is scaling upwards. As the price goes up, transferring is just VERY costly. I'd argue that ETH is actually worse than BTC. Cheapest I've paid for gas fee, this is btw when gas fee dropped huge was around 0.015 ETH or something like that. That's $20+ when ETH was around 2k. That was the only time ETH was cheaper than BTC. The issue with BTC was it was taking at least 0.001 BTC. This means for either one of them, it was only worth it if you need to transfer 0.1BTC or 1ETH and above. I paid maybe like 1/10th of that transferring money through TransferWise and very close rate too. Daily use? Impractical. This is why I don't see why it will ever replace fiat. As another asset or derivative, sure. That's not even getting to governments and central banks.

Unless you're transferring 100k or millions on a daily basis, it's just straight-up impractical. There are seriously better ways to do that.

Again, maybe we don't type and use QR code since it's convenient. But not everyone's that savvy. Second, you're really relying on cameras and there are some shitty cameras out there and phones not maintained very well. So many issues, worst is there are no CS and there can't be CS because that's the whole point of decentralization.

The current tech that we have is already hard to implement and if you compare with crypto, what we have is like nursery school. It's that easy. Yet companies still have to pay for customer service. This is not that hard to figure out.

I mean you can put it however you want bull-market genius or anything but it still doesn't change the fact that it's a terrible fiat replacement. I'm happy as long as I made profits and actually learn how it works and its practicality but I'm not going to stay in denial of its issues and live on hopium just to believe my money would double or triple. I've my own projections for these things and above a certain price, I would not pay for it. I've actually tried transferring to different entities to really test the practicality of this thing. Like from Luno to Binance and backwards. To places like CakeDefi so you can stake and make up better interest. From an investor perspective, yeah sure. But we're talking about fiat replacement here. It just sucks.

If you need to put a lot, then it defeats the whole purpose of it being a medium of transaction, isn't it? Just proves my point.

Definitely UI is a problem but it's very clear that that's not JUST the problem. If you need 0.001BTC to make a transfer and people are on hopium that it's worth up to $1m, someone is on denial.

Yeah but that's like saying this whole thing is worth only promises. This is why I called it just another asset/derivative. Until that promise shows any sign of delivery or something gets delivered, it's just another speculation. I'll still put some money in it but not gonna lie to myself thinking this is gonna replace fiat. Again, to be clear, there are plenty of things I like about it but none of it makes it a great replacement to fiat.

Actually xrp damn gooding. Only SEC case hurt it.

And instead other crypto which is damn expensive to move around go to the moon instead....
Inb4 butthurt xrp hodler

Hmm I don't mean crypto or blockchain is bad, certainly not blockchain and you're right, my current issue is with the current projects. But here's the thing though, BTC doesn't change. This just means that whatever it is in the future, I can't see BTC nor ETH in it. Maybe ETH 2.0 or things like Solana. Compared to what we already have with visa, it just seems backwards (1700 transactions per second with track records). But seriously, there's no way governments are going to let go of their powers and they are necessary cogwheels in a society. It just seems natural that it will be absorbed by them for things like local currency. Also, same reasons below.
True but XRP is like the least decentralized version of them available which proves my point, it's very likely that this is just going to be absorbed by the current powers that be. Now I'm not saying centralization is bad, it just depends on who's on top and if I'm gonna depend on who's on top, it might as well be the current authority in charge.

Completely understand the different use-case but we're talking for daily use here and remember, we're talking about fiat and currency. Not store of value or an appreciating asset. I mean if you're talking about 100k and above transactions, honestly I don't see why this should replace money for 2 huge reasons. 1, why would we want to give the ultra rich ways to avoid taxing which btw simply means less money for any operating country and 2, I don't know about you but I'm fine paying with fiat. It's a depreciating asset. No, I don't want to pay in an appreciating asset. That's the whole point of storing an appreciating asset which is why it's not a currency. It's an appreciating store of value.