Which coin will gain acceptance as the world’s first payment coin?
No doubt, Bitcoin is still the leading coin when it comes to capitalization and traded volume, while Ethereum and Ripple boast a higher number of transactions.
With old coins, it takes a long time for a payment transaction to be completed and confirmed. For example, in the case of Bitcoin, processing and confirming takes around two hours. On a supermarket checkout, nobody can wait for two hours until the payment transaction is completed. This is the reason, why supermarkets and stores do not accept Bitcoins.
