This is why I keep making the point that crypto will never be used for retail or point of sale.
Actually, on reading this back, I just realised I might be wrong about this since the whole point of a 'privacy coin' is to bypass the proprietary commercial sector and provide users+vendors with an end-to-end monetary vehicle.
Maybe thats why instant confirmations are an essential part of the "privacy" equation because without them you need a trusted third party bridging service to complete the trade in the millions of cases where <3 second transaction time is required (such as POS & eCommerce).
Exactly, and with cash being killed off, something has to take it's place.
Although I think Dash has the perfect setup to do so, it's still going to take a while before people trading in Dash no longer have any need to go to fiat (except perhaps to pay taxes??) Anyway, it's not something being forced by a government, down the people's throat, therefore, it's going to take a lot of time for adoption. But maybe not as long as we think.
A lot of people see how slow it's taking for Bitcoin to get anywhere, and think crypto may never make it main stream. But most people still don't realize what Dash can do, and Dash is developing on a million fronts. Or at least it seems that way. For anyone thinking nothing is happening, OMG, so much is happening, it's hard to cover it all. Aside from the DAO that is DASH, we have fiat integration, then marketing, a billion partnerships, it's a snowball effect and nobody can see it because the boys are so busy, that public communication has broken down.
But personally, I predict that one morning the world is going to wake up to a Dash storm, where everything will suddenly come together. I also predict that it will happen within the next 5 years (more likely 2, but ...?? ) A year from now Evolution will be released. A lot of people are already making plans and building around it, and they don't even have a solid DAPI yet! Frankly, it's extremely exciting, and if only I could be here more often, I'd make more notes to list all the stuff I've seen, LOL.
But yah, Tok, I think they're on the right track. We have to interface with fiat for a while, but before long, and I mean much sooner than most realize, there will be no reason to use fiat, except to trade the junk in for crypto. And your daily crypto will be Dash, no matter where else you want to invest, Dash will be your daily living expense monetary medium.
