I see a lot of reasonably high hype around cryptos and how they could become the new paradigm shift for currencies.
Yet, hardly anybody treat them as currency. I see a lot of people advocating the "HODL", which is fine to not sell the coins for FIAT, expecially if you're a miner. But the same people, quite often, if they have to buy something they'd rather buy that in FIAT and keep the cryptos untouched.
How can you expect a coin like BTC, ETH or DASH (or ZEC, XMR, etc.) to be accepted more and more if.. hardly anybody wants to use them out of fear of overpaying something "in the future" (i.e. the infamous 10000BTC pizza).
Every day i see this paradox of people wanting more and more people to start using cryptos, while in the reality of facts it seems that they keep reasoning in FIAT. They just want more people in a small environment to let Skyrocket the price.
I know that this is, in fact, "common knowledge" (mainly because almost everyone reason in the way i explained before), but this is a vicious circle.
The avg person won't switch to cryptos unless it is beneficial over the centralized system, and the smart investor will use cryptos only to make a huge profit and manipulate the market to create and "pop" the bubble to their convenience.
I think that every crypto enthusiast should stop "hoarding" cryptos and spending them as much as possible, push the business to accept them and use them to pay stuff.
Because they won't be a "currency" up until the majority thinks that they're an investment.
And the saddest part is that the biggest advocates of Crypto usage are the same that will tell you to not sell them, because they will be worth way more than now. Implying a sad constant thought to the FIAT value of their holdings.
Maybe this was just venting, maybe it will make you think about what are you, or someone that you know, are actually doing with cryptocurrencies.
Always stay cryptic,
Ther0.