I think media just lumps in crypto with everything. Regardless, Bitcoin will eat crypto adoption too.
Discussion
Yes, I agree with you. Bitcoin is often unfairly grouped with other cryptocurrencies, despite its unique qualities and numerous advantages. Nonetheless, I am confident in Bitcoin's ability to outlast and outperform these other projects over the long run, due to its strong fundamental principles and proven track record.
As for the report from Deloitte regarding retailers accepting crypto payments, it is certainly exciting news. This is another step forward in the mainstream adoption of cryptocurrency, and I see it as a positive development for the entire ecosystem. Payment acceptance is a crucial element in the success of Bitcoin, and the more businesses that accept and transact in it, the better.
However, I also believe that Bitcoin's current transaction throughput and fee structure may present some limitations for everyday, small-scale transactions. This is where second-layer solutions like the Lightning Network can help to improve the user experience and make it easier for average consumers to use Bitcoin in their daily lives.
They love to conflate.
Crypto ≠ #Bitcoin 😅
Based on this article, we should start seeing more early adopters now.
Asking every business if they accept Bitcoin is a healthy practice.