Cryptocurrencies have been touted as a revolutionary new way to conduct financial transactions. However, despite their promise, adoption has been slow.
The main issue with cryptocurrencies is that they are not user-friendly. Most users hold their assets on centralized exchanges due to the complexity of self-custody wallets.
A shift in priorities is needed to simplify the experience and prioritize real utility over token velocity. This means making the underlying technology invisible to the user, similar to how modern consumer finance apps work.