you could. depending in the blockchain beneath (if it’s a blockchain transaction, rather than a coinbase-customer to coinbase customer of lightning network thing), transaction fees might or might not be high. 1/

the main issues for these kinds of payments i think are uncertainty and inertia. until just now, there’s been some uncertainty surrounding the regulatory status of stable coins, the biggest financial institutions have mostly avoided them, and users have been satisfied with credit/debit cards. 1/

censorship is an issue of concern to certain kinds of politically active people, and customers of discreditable niches that are ultimately pretty small. 2/

there has been some effort to serve those niches (“spankcoin”), but people are lazy, want to use their main accustomed payment medium, not have to adopt new habits for particular kinds of purchases. 3/

given the Trump administration’s crypto enthusiasm, its deregulatory approach to fintech, and the financial industry’s always-desperation for a “platform” that will make industry participants rich fast, i think we can expect some of these barriers to be addressed. 4/

i’m not sure i see anything very virtuous coming out of it, though. if censorship is your concern, the genius act requires AML/KYC of issuers, and undoubtedly the ability to block or freeze accounts. just because crypto can be censorship resistant doesn’t mean it has to be. 5/

(there are some very obvious things-not-virtuous that might evolve from greater blurring of the lines between our essential payments system and assets whose value is arguably a kind of casino game.) /fin