Question I guess, if people would be still willing to transact using crypto, especially at this point wherein the market is still down. What's likely to happen is that users, especially investors, won't prefer using theur assets to buy things. But the idea or thought is there -- adaptation. Given how unstable the situation is, I think it will be still a long run before fiat and crypto coexist on a daily basis. It is just amazing how crypto related ideas are being raised for awareness to those who are not knowledgeable into it yet.

At least those vendors on the street can have that kind of technology. I don't think the people here in my country would easily accept Bitcoin because they wouldn't understand what to do with it and probably reject its innovation and how it could help them in the long run. They would prefer the fiat way where paper money is king and probably not digital.

Nevertheless, I hope it will increase adoption in other countries, and everyone will follow suit. I do hope that happens.

I have no problem getting taxed because we are obliged in doing so as income earners to help with the economy. Crypto taxes aren't yet being structured in the Philippines despite it's generally considered to be taxable under realized income (crypto to fiat conversion). I would likely choose to pay taxes than getting banned in the country as regulation is definitely needed to increase more adoption.

Same here in the Philippines where the acceptance has been increasing and it'll never stop. Recently, Binance will be partnering with Philippine universities to introduce Bitcoin and crypto related courses in the curriculum.

Exactly.

Countries where Bitcoin is legal and illegal. It will change with time and will be skewed in legal side because more countries will accept Bitcoin. I don't think we will have a future with that more countries will not accept or ban Bitcoin. It is not the trend.

Global adoption, legal tender will be the trend. It won't stop.

Its simple to say that the taxation is too much, but, ideas differs, imagine the kiosk owner to be a cryptocurrency trader. It doesn't stop him from trading while doing a real life business. For instance, I open a shop in my street or somewhere, I'll definitely accept bitcoin because its useful to my side business, trading cryptocurrency, many traders are going into real life businesses and it'll help disseminate  the use of bitcoin. In the world of economy today, a little business added to your online business can make a huge difference to your earnings, and when that happens you are likely to accept bitcoin. In a nutshell, I think those who accept bitcoin know what to do with bitcoin regardless of the volatility.

As far as I know, one of the local exchanges in India has closed down due to implementing stringent regulations and guidelines by their government? Not sure on how it proceeded but the fact that there are people accepting cryptocurrencies as payment to their services/products gives hope for its wide-scale implementation in the future.

To be honest, there are other forum members who posted several threads introducing and implementing the payment of cryptocurrencies in their respective businesses. The more people post about it, the more businesses would accept cryptocurrency as a mode of alternative payment.

I have a similar thought to be honest! usually a cup of tea costs around 10 - 15 INR and I broke my calculator while calculating the value of it in bitcoin! I will have to spend more in fees fi I really want to transact there. So it's not really a feasible payment method for small payments. But the awareness is the key here. Bengaluru is the IT hub of India and majority of the population is educated and well to do in life. Such kind of open advertisement would probably make some people intrigued about bitcoin and they will probably enquire about it and do some research on it.

OP, if you are nearby, can you ask that fellow how many payments he has received in bitcoin till date?

No doubts about it that cryptocurrency is certainly the future of money and the earlier that people start to understand this the better for the early birds. Fed chairman Jerome Powell made it clear in one of his interview during the Corona virus outbreak 2019-2020 "stated that they're not going back to the same economy, we're recovering but we're moving into an economy that is more leverage to technology which is "Blockchain"(Bitcoin and CBDC's).
And too coupled with the fact that the fourth industrial revolution is starting to be rolling out at same time,Therefore Bitcoin and cryptocurrency transactions is gonna be everywhere in the future, To an extent where robbots are gonna pay each other with cryptos in future and it's just a matter of time.

It is so Interesting that you are spreading bitcoin through the business you do, but I'm still curious if people who have Bitcoin would want to transfer Bitcoin to buy tea knowing fully well that tea is very cheap. Most people would want to for tea wit fiat and to save their Bitcoin because it is an asset to them. People mostly prefer to spend their bitcoins to buy electronics, cars and houses. But it still nice if you accept bitcoin for your business and if people will be will to pay for your tea for bitcoin.

Through such acceptance, even if the person doesn't get much business it serves as a promotion. Even the person who haven't heard of it will try to find the answer for what is crypto. India being a country with the biggest population can be a game changer if people start using it. For now it looks like there is slow progress, and the same can make the government understand the need of cryptocurrency against the inflated currencies.