In the Bitcoin ecosystem and with most of its' offshoots, huge quantities of people are using centralized "wallet" software because the decentralized stuff doesn't scale and is too hard to use.
Hardware wallets are part of that. A cryptocurrency with high TPS could support NFC or similar payments on a HW wallet. Type in your amount, tap the terminal, done.
I think that large custodial companies like Coinbase and Gemini represent existential threats to Bitcoin.
In the Bitcoin ecosystem and with most of its' offshoots, huge quantities of people are using centralized "wallet" software because the decentralized stuff doesn't scale and is too hard to use.
Hardware wallets are part of that. A cryptocurrency with high TPS could support NFC or similar payments on a HW wallet. Type in your amount, tap the terminal, done.
I think that large custodial companies like Coinbase and Gemini represent existential threats to Bitcoin.