RE: The ugly truth behind PayPal accepting Crypto

You're absolutely correct in articulating the fact the crypto chains itself will not be able to keep up when too many users start to get some crypto. I suppose, Paypal will need to play an offchain play. Bitcoin, Ethereum and other top (in marketcap) crypto chains are simply not fast enough, and will not get fast enough any time soon. What strikes me is the fact that in the last 4 years that I'm in crypto, I had many discussions on the topic of need for fast chains, with super stable services on top and the need for super simple user experiences. Not so much happened on these fronts though. I think, crypto is still not ready for mass adoption any time soon. When too many users will come to crypto through eg Paypal, and the user experience is effected negatively, we run the chance the whole hurt will step out again and we'll left with another attempt by the market for crypto adoption. Remember Microsoft accepted crypto as a payment option for (some) of their products? IN 2017? And what did they do when BTC came down again in 2018? They stepped out again. Crypto space need to work together more to create the best in class services for a larger mass to use. Only then crypto has a chance to become part of our daily lives (not only for the few crypto minded people, but for much larger group of people I mean). When we dont work together and don't create crypto based services that can truly compete with all the fiat based services, crypto will stay niche for a long time to come, and we'll see short periods of hype (like we are in at this point in time), followed by long crypto winters. I for sure dont have the truth in hands, but my logic and ratio tells me this. I simply hope, I'm wrong :)

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