Most cryptocurrency is easier to use than a credit card. You scan a QR code and click "confirm" to pay. So that "non-technical" criticism is a red herring.
I disagree with this. The process for 99% of people to use a credit card is "reach in your wallet, hand a card over or type in the number". The process for 99% of people to use crypto is "read on wikipedia on what cryptocurrency is, ask someone how to use it, get a lengthy lecture about how distributed currency is the future", and then they're still not anywhere close to using crypto.
I find crypto currency identical in difficulty as using foreign currency.
Once you convert Fiat to crypto, its easier to spend than using a debit/credit card.
Getting it from Fiat to crypto is the hard part. After that you literally scan a QR code or type in an email.
Its my preferred way of paying because I always have my phone but I dont always keep my wallet in my pocket. I dont need to add my address and birth date. I just send money.
Also, to clarify, I'm not a fan of alt coins(at the moment) only Bitcoin I believe is useful. Between coinbase Email, Shift card, and the usual on-chain txns, Ive basically made the change to Bitcoin lifestyle.
I find it more difficult to use Canadian dollars than US dollars in the United states, to the point that I have never used Canadian dollars in my daily life, and I would speculate that 99% of people would have the same experience.
> I find crypto currency identical in difficulty as using foreign currency.
The vast majority of people would find it burdensome to convert their money to another currency, and then use that on a normal basis. Of course if you ignore the hardest part, it's "easy".
The problem is always wherever the other party supports your payment methods. You can literally pay by holding a smart watch over a supporting terminal. the same with online shops and Google wallet, Amazon pay or whatever
There are so many options at this point that I never get why anyone makes this about crypto currency. Most of these options are older and more widespread than Bitcoin as well.
> Most cryptocurrency is easier to use than a credit card.
It is until it isn't.
- Got screwed by a vendor and want to issue a chargeback? Nope. Can't do it.
- Sent to the wrong address because of a typo? Sorry for your loss!
- Got your wallet emptied by a malicious program running on your computer? Sorry for your loss.
- Too many people using the crypto, resulting in confirmations taking forever and/or costing a ton? Too bad, so sad!
- Fiat price of crypto swung widly before / after transaction resulting in your purchase costing far more / less than expected? Should have hodl'd buster!
- Want to convert all that BTC into fifthly dirty fiat? Better find an exchange that actually pays out in USD and not tether. Also better hope that said exchange actually has the money and isn't insolvent.
You've either missed the obvious or willfully ignored the fact that to use crytpo, you must first have it. This is what makes it untenable for the majority of people.