$0.83044 -5.31%
ALGO · 2w

(Question) Transacting with friends and family in crypto

I want to pay my siblings in crypto for chores around the house. I think it's a cool way to introduce them to crypto and the staking reward APY is pretty damn good for a savings account. I've been trying to decide between paying them in Algo or ADA. On one hand the Algo mobile wallet is amazing and tx fees are tiny which is great for daily or weekly transactions. ADA has (much) higher tx fees however the tokenomics are better? I personally own both and am personally not phased by Algos tokenomics (they seem to be prioritising adoption rather than gains in the short term) I think the team is great and it the project will definitely gain in market cap over the next few years. I'm just trying to decide the best option long term. Does anyone have any experience transacting with friends and family in crypto? If so which do you use and why?
Go to self.AlgorandOfficial
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