/biz/ - Business & Finance

>>49213536
>But FUCK these businesses that seem to accept everything under the sun except for monero.
An important factor to consider is that of the dozen or so currencies you mentioned in your post, there are actually only 2 or 3 true implementations.
The reality is that we can summarize the major cryptocurrencies into three protocols: Bitcoin, Ethereum and CryptoNote.
Almost all of the coins you mentioned are either forks of Bitcoin with minor modifications, or are Ethereum tokens. It is extremely easy for a company to accept Shiba Inu if they already accept Ether, or USDT. In the same way, the work required to implement a Bitcoin fork is nil for these companies.
Cryptonote is a more complex protocol to work with, and there is much less infrastructure built around Monero so that companies can re-use code and support the currency more easily. What is needed for Monero right now, regarding to merchant adoption, are ridiculously simple, plug and play solutions so that the most diverse types of companies and businesses can accept Monero with ease considering key management, multisig (prerequisite for many business models), key synchronization / blockchain state sync between different devices, among other things that other protocols have already solved or don't have an issue with due to their transparency.