One good question that comes up often is

Do people really want to pay with cryptocurrency?

Some make an argument that people see cryptocurrency as a long term investment and don’t want to spend it on daily items, others say that merchants might be reluctant to accept crypto due to the regulatory uncertainty, yet other say that people are unlikely to pay with crypto due to its volatility.

Truth is, they all have a point and there will be limiting factors on crypto for payment adoption (at least for some time).

However! We want to point out that GRAFT’s main purpose in life is not crypto acceptance per se – but providing a decentralized credit/debit payment network alternative that doesn’t rely on issuing banks and spreads the fees across the network. Crypto acceptance makes a good first use case, but it doesn’t end there. From the user’s point of view it’s a way to have an alternative to traditional credit / debit cards with underlying privacy, reasonable rates, loyalty program consolidation, etc.

Here would be a typical decision tree that a user would be facing at the check out:

A community member had this to say on this topic, which is pretty on point: