Bitcoin Forum

How will crypto be adopted by the mass population? What will dealing in crypto be like?

The biggest hurdle to be overcome, IMHO, is creating a way for less tech-savvy people to have a wallet and not get scammed, lose the keys, or send the coins/tokens to an incompatible address and then blame the system for the problem.

I'm the only person in my entire family who''s involved in crypto, as the rest don't know the difference between a cpu and ram.

If I get hit by a bus tomorrow, then in all likelihood, my crypto will simply gather dust.  Even though there's a complete list of details in the safe, I doubt any of them would have the skills to access any of it.

So in answer to your question - create a user-friendly app that is idiot-proof.  From there, it should be simple, but the idiot-proofing is going to take some doing.

It is necessary that the crypto currency is in circulation in all spheres of life. But realities say that, at least in payment terminals, then others would be interested, and then maybe they became the same participants like us. But this is still far away, because nothing has been done towards this.

If people all over the world purchased Bitcoin and the other coins then the price of the coins will pump.

perhaps while the cryptos become more popular, the curiosity of others to know them increases in the same way, the knowledge of the use must be implemented, as everything new is difficult to learn but not impossible, somehow we learned to use cards of credit and debit without knowing what they were.

Easy to say but would really be a hard thing to be attained considering that cryptocurrency features wont really suit out governments policy and regulation which means it normal for them to take actions and prohibitions which would really be a great factor to stop such adaption and also percentage of people who do engage on crypto was just still small considering on the entire total population.If that thing happen where all people do purchase then we would really able to see new ATH to each coin but it would really be hard or nearly impossible.

It will be like when people started to use credit/debit cards, phone mobiles or any innovation. People will start to use them for paying for a ticket or a dinner and in a few years it will be something normal.

I do not really know what you mean, Through here is how? Via the masses for Crypto review or for other purposes. But for what purpose, the passage to the masses is impossible, because Crypto is not owned by any nation.

I think you mean adoption*. Adaption is when something changes in order to suit to an environment or new conditions.

As of now, several countries are choosing to adopt cryptocurrency and perhaps the other countries will do so as well in the future. If crypto were to be adopted in the business and financial industries, the the world of payment systems will be revolutionized as we know it. However, for crypto to be adopted by the mass public then a problem arises here because not everyone has access to the internet - which is essential for the use of crypto.

Crypto already adopted by mass population but not all of the percentages from the mass population itself.

We will be dealing to make improvements in the scalability to make the mass adoption will not be stuck and the majority of blockchain can't be bloated.

Remember last year can become an example how mass adoption attacked crypto in almost three months and make the majority of coins reach ATH.

Depends on the situation. If the government wins and gets to impose strict regulations then we will be seeing a quite different scenario. But if the government accepts crypto currencies as a form of legal currency, then we will see mass number of people adopting bitcoin. Dealing with crypto currency is no more different than it is dealing with fiat currency.

When everyone has enough knowledge of cryptocurrency, when they know how to use it and accept it, then as the currency is used, crypto will be used as such. Only constraint is now very few understand and use cryptocurrency.

Also when it is easy to go from fiat to crypto and back.  That will help enshrine it.

If we introduced Crypto courses in our school curriculum, it will increase mass adoption of the concept. This means that government instead of fighting the crypto war will have accepted incorporating crypto in the economy.

What do you mean of this? Thread asking how crypto can be used fo mass adoption?
The most mass adoption that can be implemented is use for payment system like fiat but for its impossible to use for mass but only for few companyu use it since the confirmation of sending is too slow

Crypto is evolving itself to expand to every sectors possible.
But still it's quite new and very less people know about it or very few business and industries has adopted it.
Crypto with it's nature along with smart contract would soon change the way everything works.

I think there is very little application of cryptocurrency market in life.
Although blockchain can change many problems in reality, the cryptocurrency market is still at an early stage.

We just need the approval of the government or even they don't have any statement as long as they won't ban crypto's. There are countries that don't support crypto's and they are not giving importance to it but they are not implementing any certain rules or prohibition about it.
Do you mean trading? the same thing, p2p transactions.

The biggest challenge is to gain the trust of the masses, specially in a market that is very volatile. Not to mention how easily most people get hyped or scammed by others. There is also the application of crypto in every day use, only few establishments around the world accept it along with few crypto with real world applications that are not yet implemented. I believe that crypto will thrive more and lessen its volatility if more of it can be used/applied in every day use.

Not even 1/4 population of the world knows about cryptocurrency, Cryptocurrency to be adopted by mass population still a long way to go, cryptocurrnecy market right now is really volatile and it's still not trusted by big investors in the industry so it will really take some time before it happen.

Cryptocurrency solves a lot of problems we are facing in our economic sectors. Security and Money Laundering are the main obstacles in the way of cryptocurrencies. It would not be long when all the people in the world be using them.

I guess a part of the population has been through crypto currency adoptation because of the freedom the government gave to the people in a particular country. Usually, the decision comes from the leaders and if they agreed to use crypto as an international currency then it will be the first step of the adaptation of the mass population.

need government support for cryptocurrency really adopted by the public
the public wants trust, and I think the ICO's SCAM has destroyed public confidence
ICO SCAM destroys public confidence in cryptocurrency

I think it depends on the situation. In my opinion crypto can not be adopted 100% by mass. if crypto is adopted in the business and finance industries, the world of payment systems will experience a revolution as we know it. when they have knowledge of cryptocurrency or know how to use it and accept it, crypto will be used like that. But it's still fairly new and very few people know about it or very few businesses and industries are adopting it.

Adoption need to support by all stake holder in cryptocurrency not less also goverment that has the highest impact of bitcoin.
If goverment doea not allow us to use crypto so how the adoption can be implemented? And i agree with you about this and i would just think for now the adoption is only for investment.

I see the development of the new era, there are still many developing countries. and even some countries are still far from prosperous value.

while the cryptocurrency came faster before the world understood the technology. and this problem becomes the consideration of a country when it will adopt bitcoin.

they have to adjust to the public condition. because if a country adopts bitcoin, but the population still does not understand bitcoin, it will inhibit the spread of bitcoin.

The future of the future crypto will certainly grow rapidly again until the internet lay people now we can see for yourself the very rapid movement.

The future of crrypto for everyone to know crypto. young hopefully bitcoin is recognized into the currency.

To become mass adoption it still need time, the biggest obstacles now is the government's permit, without it the growth of crypto wont be fast, and crypto still need to be more popular and bring more useful features for people to adopt it, but if crypto already being accepted every where then we will see an easy transaction for all people, when that happened,  the economics of all countries will be increase

I think there will be everything and Fiat and bank cards and crypt. And each will have its own consumer. After all, each form of payment is convenient in its own way. Fiat is needed where there is no internet. Bank cards for those who want to use standard money and a crypt for those who are comfortable with this technology.

It is not difficult to adopt cryptocurrencies now a days because commonly people do transaction through virtual money withouth hesitations. Aside from that it is hassle free and we don't have to be worry because it is easy to access the inqury through online too. Bitcoin is the new trend business in all over the world.

I think there is very little application of cryptocurrency market in life.
Although blockchain can change many problems in reality, the cryptocurrency market is still at an early stage.

The biggest obstacles now is the government's permit, without it the growth of crypto wont be fast, and crypto still need to be more popular and bring more useful features for people to adopt it, but if crypto already being accepted every where then we will see an easy transaction for all people, when that happened.

The decision comes from the leaders and if they agreed to use crypto as an international currency then it will be the first step of the adaptation of the mass population.

All depends on the regulation of each country because it is inevitable, Innovations in the use of Blockchain on financial systems that are believed to help the wider community. because of the ease, security, and also the cost is fairly efficient.

Its very easy to say that the price pump and what is the relation between mass adoption and pump?
Pump and dump is normal but mass adoption could not see because of pump. They need to believe with what they use so first believe to bitcoin before using bitcoin.

When most of these countries who banned or restricted bitcoin and cryptocurrencies are going to start adopting the blockchain technology it would be the reason why most of the people will adopt the cryptocurrencies,but the question is are they going to allow these cryptocurrencies to be adopted by their people? lets hope in the near future things will get better with the cryptocurrencies.

It's very simple, you need to transfer all banking operations to the blockchain and all. All the relationships between people are now happening in money, financial transactions are always on the first place. as soon as the banking sector moves to blockchain, everyone else will have to look after them)))

Not all people know this crypto currency,  most of them are in their negative mind if you try to introduce crypto currency,  like in the other country that has more poor people than educated one.  I mean they cant really understand or dont want to know crypto in their life, although we are in a modern world,  most of the people are stocked in a stone age knowledgement that really hard to adopt digital assets,  so the only people who wants to get involve in crypto are those people that really like to use digital gadgets such millenials thats connected in the internet to know well about it.

There are different reactions to cryptos currently with some embracing it while others dont.  thing is once its legalized,dealing in it wont be an issue, there ill be clear guidelines for those interested. on what and how to do it

In order for the crypto currency to be available for use by a large mass of the population, it is necessary to simplify the procedure for its use as much as possible. The common man does not need to know the principle of blockchein in detail, he needs to know only what is needed from a practical point of view. So far, the technology of using different types of crypto currency is very complex. It is still very difficult, say, to bring a token to fiat, this requires specific knowledge and experience of trading on the stock exchange, and it is unnecessary for an ordinary person. If this process is not simplified to the usual instantaneous exchange without the use of specific knowledge, the cryptsplatum will not become the property of the broad masses.

crypto has enormous potential in the future, cryto can be used for payment to shop in specialty stores, because crypto function is almost same as debit and credit, but this still need time long enough so that society can understand about crypto

Crypto is the future of currency, It's a tecnology 2.0 we're in We can pay low fee, no 3rd party at all. We hodl our token and no one is owning it, What i love about cryptocurrency is i can hide my wealth. Government will having a hard time to track us that's why people need transparency and secure platform.

cyptocurrency will be the future's main system of payment. and in order for people to adapt crypto is make it known to them by promoting it different media entities.

5-10 years from now cryptocurrency will be adapted most of the people thru cause crypto will be primary means of payment and commerce in the world. this is the easiest most convenient way of payment. but the other governments in other country keep on blocking it, this is also tha main reason why this can't get through to people.

The advent of cryptocurrencies has the power to change the way the world operates. Perhaps companies/Institutions were not ready for blockchain; but, more than likely, blockchain was actually not ready for them. However, this is rapidly changing. In order to stay ahead of the curve, you must keep a finger in the cryptocurrency market via an interface that makes the crypto world easier to navigate. Mass adoption is edging closer and closer—you’ll want to be prepared.

I think your prediction of $2000 sound more realistic. Considering its potentials, popularity and more people will adopt cryptocurrency when the stability return.

Crypto will be like the internet today, a way of life that cannot function without it, reaching deep into every aspect and corner. As for The adoption, now that the world has begun to take notice, once all the functional and procedural 'chips' fall into place, and a clearer picture emerges for the citizens of each country, its adoption will work like wildfire. So everyone here and now, already a part of crypto, should make the most of this step in, educate and prepare themselves, to play an essential part in creating our future.

crypto will be used for payment system. it's faster, cheaper, more secure, no government regulation.
the technology behind crypto was called blockchain. blockchain can be adoption such as decentralized tax payment, more transparent

Cryptocurrency should regulated first then many people will trust the technology behind crypto,and the blockchain technology will use by many start ups to make product and service and give advantages for many industry. By regulated cryptocurrency many people will look in to and they will buy and use it with no doubt.

In truth when you start talking about "the mass population", then the government has to be involved (almost fully), they both go hand-in-hand (government control the masses). As at now, crypto is "at war" with the government, so unless there arrives a win-win situation for both parties, it doubt mass population adoption will happen.

The benefit of cryptanalysis is that many people know. But that is just in the investment community. It is a crypto problem that is accepted by the public. Firstly, in my opinion, countries should accept and encourage them to use them as a way to boost the economy of the country. There are a number of regulations, code management to avoid risk and market stability ... Everybody use that forward to pay bills in life quickly, easily, and economically. Furthermore, the crypto-currency will not be misused.

If mass of the world's population will death with crypto then it's a good news, but to ensure that they won't be scammed 70 percent of them will just used coins that has been good this years, like BTC and ETH, so other token won't have much to say...

In order for crypto to be mass adopted, we will have to improve a lot of features. The transfer from one wallet to another should be instant. Currently it takes few minutes and when bitcoin was at its peak it took hours.

The governments like China and US are already working on implementing blockchain, and 12 Thai banks have united in a single platform. So it won't be long before the governments think about legalizing crypto