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Bitcoin => Bitcoin Discussion => Topic started by: harm on May 03, 2019, 01:31:21 PM



Title: mass-adopted of crypto
Post by: harm on May 03, 2019, 01:31:21 PM
Technically minded readers may scoff at cryptocurrencies being a minority product, but compared to visa transactions in the retail domain crypto is still in diapers.

Boosting transactions speeds, hard forks, and bolt-ons, like the lightning network with atomic swap capability, are all well and good, but try and explain this to someone in their late fifties who first posted on Facebook in 2017, and you’ll see the problem.

Most of us use smartphones. But do you know how they work? Have you ever asked yourself how your smartphone deals with picking up Bluetooth, WIFI, and 4G?

Each technology uses a different frequency range, so why doesn't your smartphone need several separate antennas, one for each frequency range?

https://www.altcoinsidekick.com/blog/chain-reaction


Title: Re: mass-adopted of crypto
Post by: Beerwizzard on May 03, 2019, 01:46:43 PM
Boosting transactions speeds, hard forks, and bolt-ons, like the lightning network with atomic swap capability, are all well and good, but try and explain this to someone in their late fifties who first posted on Facebook in 2017, and you’ll see the problem.
We already had several hard forks with different kinds of retards staying behind them which only used it to wash the market cap of  BTC and cut their own piece of cake. Now can you please point at the point that boosted cryptocurrency adoption?

Each technology uses a different frequency range, so why doesn't your smartphone need several separate antennas, one for each frequency range?
For now, the usability of the technology of cryptocurrencies if far behind the usability of mentioned Visa. Why should people use cryptocurrencies?


Title: Re: mass-adopted of crypto
Post by: BossMacko on May 03, 2019, 02:26:23 PM
It is really hard to teach someone who is in late fifties or not a very familiar with technology. But if cryptocurrency will be the means of currency erasing the current flat. Even if they are late fifties or don't know any tech or not tech savvy for them to survive that world they need to learn how to use it. It is like a bit of transition that they need to do.


Title: Re: mass-adopted of crypto
Post by: xvids on May 04, 2019, 03:36:14 PM
It is really hard to teach someone who is in late fifties or not a very familiar with technology. But if cryptocurrency will be the means of currency erasing the current flat. Even if they are late fifties or don't know any tech or not tech savvy for them to survive that world they need to learn how to use it. It is like a bit of transition that they need to do.
Teaching them how to use it is the easy part I mean we just have to tell them how to send and receive right.
The hard part is explaining how it all works but I think they wouldn't care about it like other people on this forum.
We don't need to be a tech savvy to use it and earn from it.
All we have to know is how to use it and how to earn from it.


Title: Re: mass-adopted of crypto
Post by: Ailmand on May 04, 2019, 05:20:11 PM
There would only be massive adoption only if people would be educated about crypto as well. We have different technology ranges yet we also have different levels of understanding.
Crypto shouldn't just be shared but also learned. It's a never-ending learning process and without the eagerness to learn, we wouldn't be able to adopt its importance.


Title: Re: mass-adopted of crypto
Post by: Bitinity on May 04, 2019, 06:06:24 PM
IMO adoption should be started from the people instead of from the government/institution because it will be useless if the government adopt it but the people is not understanding it at all. We who some some basic knowledge about bitcoin/crypto should start to educate some other people around us. By this way, we will do step by step adoption which is better instead of sudden massive adoption by government.


Title: Re: mass-adopted of crypto
Post by: Haunebu on May 04, 2019, 06:39:32 PM
Crypto mass adoption needs to be targeted towards the youth(Primary) and not 50 year old people(Secondary). The youth represent the next generation which is why we need to help them understand the advantages of crypto in an easy to understand manner.

Youtube videos and other forms of social media can help in this aspect.


Title: Re: mass-adopted of crypto
Post by: turkandjaydee on May 05, 2019, 03:23:03 AM
Crypto mass adoption needs to be targeted towards the youth(Primary) and not 50 year old people(Secondary). The youth represent the next generation which is why we need to help them understand the advantages of crypto in an easy to understand manner.

Youtube videos and other forms of social media can help in this aspect.
Im wondering if there is a blockchain and cryptocurrency topic implemented already in school/college education. This will help a lot and make people become more familiar with crypto market.

And also i think the other target market of blockchain/cryptocurrency is people who have lived comfortably (according to the purpose / use case of the blockchain and cryptocurrency).
The important thing is we need to make people see this market/field based on its purpose/use case and not just a place to get money , or there wont be any stable growth.


Title: Re: mass-adopted of crypto
Post by: TravelMug on May 05, 2019, 04:05:33 AM
Crypto mass adoption needs to be targeted towards the youth(Primary) and not 50 year old people(Secondary). The youth represent the next generation which is why we need to help them understand the advantages of crypto in an easy to understand manner.

Youtube videos and other forms of social media can help in this aspect.
Im wondering if there is a blockchain and cryptocurrency topic implemented already in school/college education. This will help a lot and make people become more familiar with crypto market.

And also i think the other target market of blockchain/cryptocurrency is people who have lived comfortably (according to the purpose / use case of the blockchain and cryptocurrency).
The important thing is we need to make people see this market/field based on its purpose/use case and not just a place to get money , or there wont be any stable growth.

As far as I know US has implemented education their young generation in bitcoin.

I'm sure in the coming years more people will appreciated crypto, whether you are a investors, speculators, online merchants or even ordinary Joe's. Crypto is unstoppable and this technology will revolutionized how we see the current banking or monetary system and deviate from it.


Title: Re: mass-adopted of crypto
Post by: Genemind on May 05, 2019, 04:18:49 AM
Mass adoption should also focus on the older generation and not just on youth because are all involved in economic growth. It should be shared with everyone since we are all building a community and it would have a conflict if we will adopt a currency without considering elderly people. Crypto is for everyone so every regardless of the age has the right to know it better.


Title: Re: mass-adopted of crypto
Post by: hugeblack on May 05, 2019, 05:26:15 AM
In fact, I did not understand your destination from the examples, let's look at it positively. The rapid development of GUI will make the work much easier. The current generation is more interested in technology and has a basic knowledge of how to deal with some minor lights so I am not worried about technical complications.

The problem may be an investment where greed will drive many to invest in currencies and hopes to become worth more than BTC>


Title: Re: mass-adopted of crypto
Post by: rahmatullah9305 on May 05, 2019, 05:37:36 AM
The main stakeholders in the country must find alternative ways to stay healthy in the economy, and in bitcoin, they find solace. As a means of payment, for now it may not be legal, But as a commodity, now the government has legalized it to be able to be traded. This shows a paradigm shift towards Bitcoin and Cryptocurency. In addition, the socialization of crypto activists through events can more or less accelerate the introduction and adoption of bitcoin.


Title: Re: mass-adopted of crypto
Post by: Herbert2020 on May 05, 2019, 05:42:02 AM
the only problem that is preventing mass adoption is the fact that people still don't see bitcoin as a currency but only see it as an investment and when it comes to cryptocurrencies (aka altcions) they can not see them as currencies because they are not designed to be currencies but they instead were designed to be investments to be pumped and dumped so that investors can make more bitcoin.
so although bitcoin adoption has been increasing but it is at a slower pace and because of that price remains volatile (also because market is small) and that in turn slows down adoption like "chain".


Title: Re: mass-adopted of crypto
Post by: r1s2g3 on May 05, 2019, 06:11:39 AM
Mass adoption is somewhat dependent upon the various legislation across the world. If your country declare the crypto illegal then I guess only handful of the user will like to break the country rules.
Mainstream media is also a big factor in increasing the positive awareness about it.
Then comes the ease of use, if it is easy the more people will adopt.


Title: Re: mass-adopted of crypto
Post by: Pursuer on May 05, 2019, 07:54:13 AM
Mass adoption is somewhat dependent upon the various legislation across the world. If your country declare the crypto illegal then I guess only handful of the user will like to break the country rules.
Mainstream media is also a big factor in increasing the positive awareness about it.
Then comes the ease of use, if it is easy the more people will adopt.

the media is only going with the flow! they don't decide the attitude of people. if people were positive they will be positive and vice versa. for example during 2017 when price of bitcoin was rising almost every day all you could read online was positive news! and then they did a 180 turn in 2018 when the drops began!!!
as for ease of use, it only depends on the wallets (basically the user interface) to make it easy. and that only requires some GUI developers to start contributing to existing projects.


Title: Re: mass-adopted of crypto
Post by: traderethereum on May 05, 2019, 08:12:24 AM
I don't know how the technology work in Bluetooth, wifi, and 4G because I am not a scientist who researches that.
We only a user who uses the technology to make our simple become simple and don't need too complicated.
Mass adoption will happen in crypto, and it's only a matter of time. We can wait for that will comes in one day.
The mass adoption itself will not just happen to the older people but also happen to the younger people because they realize that the technology will always come and they will want to take part inside the technology and use the new technology.


Title: Re: mass-adopted of crypto
Post by: fiulpro on May 05, 2019, 02:22:56 PM
Every day , there are more than 4.5 lakh transactions taking place and considering the size of population using it , it's much less than the bank visa ones , diapers ? I don't think , yea I understand it's not that big but it's not that small too , because we have to then consider how many countries have banned it already and in how many countries it's transactions are considered a major crime.
Therefore I don't agree with you , and all this Bitcoins did without any support from any authority.
I think much more is yet to come.


Title: Re: mass-adopted of crypto
Post by: sheenshane on May 05, 2019, 04:04:49 PM
For me, forcing someone or asking them to learn something is a very wrong approach.

It is easier to convince them if we will wait for them to adopt it with their own decision. The only thing that we can do for them to adopt it effectively is to influence them. In that way, we will be able to convince them to adopt cryptocurrency. Just like in the OS, it's like the Linux out of windows and Apple.


Title: Re: mass-adopted of crypto
Post by: spydee1522 on May 05, 2019, 07:29:14 PM
We are all interested in sharing and spreading news so far as crypto is of much concern but how many are ever ready to assist, teach and avail themselves for question and answers. Yea, its true most people are never ready to learn but what of those who are ready to learn. Are we assisting them in what to learn and what not to? Have we provided them with the necessary information they need and sources of getting the correct information? Let's all come together to help a friend to help a friend with the assisting and not just sharing.


Title: Re: mass-adopted of crypto
Post by: jonas5222000 on May 05, 2019, 10:50:10 PM
mass adaption is uneccesary but just what like they said the target of it is youth because after all the years go by they are thw only chance whp could bring cryptocurrencies in the coming new generation.


Title: Re: mass-adopted of crypto
Post by: killat on May 06, 2019, 06:00:46 AM
Only way I feel cryptocurrency will boom is if bigger companies start accepting it. Some banks dislike crypto. Governments are also starting to crack down. Not everyone is paying tax on it lol. So it is very risky. For bitcoin start with small amounts and learn how to trade or use bitcoin loan websites that help sitting bitcoin grow.


Title: Re: mass-adopted of crypto
Post by: TalkStar on May 06, 2019, 06:39:55 AM
There was a time when scenario of crypto users was little bit different from current situation. Its because of building habit with a new system and in real its a common thing. In current stage worldwide modern user is ready to accept crypto as a safe & secure payment system. Blockchain has been one of the most secure choice for heavyweight entrepreneurs.   


Title: Re: mass-adopted of crypto
Post by: nutella_11 on May 08, 2019, 11:18:58 AM
As you all said before, I think that there are a lot of people who wuldn't be interested at all, even if the cryptos were the global currency. I've started wondering how many of us know the details about money and the (physical) currencies. If altcoins were really common, the knowledge about it would have been the same as it's now about real currencies.