Bitcoin Forum

Cz posts on his twitter account oftenly that " slowly but surely"  I am worried about it. Guys, can you predict how slowly the adoption can be achievable? would It take within 2020 and this 2020 can be remarkable in history? \

No, it won't happen in 2020, Cz said slowly not so fastly. Slowly means gradually the crypto will get mass adoption, it can take more 5 to 10 years, but yet it surely will.

2019 already helped to bring crypto to mainstream media even with misinformation, and 2020 will bring more potential awareness and disruption about crypto to the mainstream media.

Crypto eating the fiat market organically!

Well adoption is a gradual move and it will take a very long time. Also the thing is, used for what. Blockchain has some very good functions but generally speaking, the current solutions that are available on the market are way more effective.

Adoption is not going to happen in a flash. Do not rush about it, rush and adoption are almost the opposite words to each other. Adoption has begun for a long time and this system needs more time to be fully involved. Imagine that almost the whole world is knowledgeable about crypto, believes in it and uses it. We need more 20-30 years to adopt.

The blockchain industry is growing in some countries fast and in some counties slow even ban but it is growing fast and adopting by various countries and remaining are working on it but you can expect blockchain adoption within 5 years, not in 2020.

Adoption is a gradual process, its not something that can happen in a year, it will take years before we see full crypto adoption, 2019 is better than past years if we have to judge crypto in adoption rate

Blockchain industry grow faster than we think, even in this time this technology still become the main topic or project many developer. In year 2020 blockchain will have good basic technology to support many transactions but not take place other technology. Developer need more research and law to continue their goal, create new way to handle many transactions in one time with cheap fees. Just wait but never forget to learn about blockchain, like or not maybe this technology will replacement all we know.

10 to 20 years to adopt, and by that time, probably crypto will not be needed. This is a big scamm and all of you will suffer.

It is too fast to hope that the blockchain can be adopted by 2020. Blockchain is a complex platform, it takes time to slowly adopt and hit the blockchain. For example, China, which will develop the blockchain and adopt the blockchain for their own needs, may need more than 5 years of research.

I actually don't know on what grounds he mad the statement, if it's about his platform or the blockchain space as a whole. However, talking about adoption, there have been various levels of blockchain adoption but I will say they have been on a smaller scale. On the other hand, taking about massive adoption, this could take time as we are yet to purge out fake projects and teams which in one way or the other draws us back.

Slowly but surely it will happen, but I think it will start in 2020. It takes several stages to adopt the new blockchain. My country has also started planning the implementation of the blockchain, but it will be discussed in 2020, so it needs a process to fulfill adoption as well. that whole.

At first, you made me laugh because of this statement;
Then I realize that It has a sense at all. The regulators are pressuring many projects to comply with a mission impossible rulebook which in short to force close them. No mass adoption will happen unless
regulators will release concrete and easy guidelines for project compliance. Unless regulators allow cryptocurrency to be used freely then mass adoption will start. No need to worry about it since
Blockchain technology is superb. It's the future technology for fiat transactions.

What do you mean? Adoption across the board is already happening on a large scale.

I'd actually say that a lot of technologies are already mass adopted, like bitcoin itself, and even ETH with the advent of ICOs with the ERC20 tokens that are hosted on it. A lot of people are waiting for mass adoption to happen, but I say that we may already be speaking in retrospect.

There are certain applications of blockchain tech that may not yet be mature enough, perhaps integration in terms of the regulated financial world. But that depends a lot on the actual regulations themselves and have less to do with the fundamentals of cryptos.

That's what I'm thinking as well. Adoption has been happening already and it's been for years now. More and more companies are joining the pack and even small companies are trying to integrate blockchain technology to improve their operations. Want proof? How about the legit projects introduced here in the forum. You can encounter a lot of projects launched every day. Maybe not all adoption have been documented but I'm sure adoption is already happening.

It can be but what makes me feel worried is not about the blockchain adoption because that will happen for sure as so many countries have already stated if they will try to use it as a core on their system. The big question that must make you feel worried about that will that give a direct impact to the crypto? We know that blockchain is a system that used as the main chain for crypto while people are taking the blockchain is a different part and crypto is a separate part in this case.

You may see in some articles already published if blockchain adoption has already started. That is the main problem that must be fixed for crypto to be adoption by the institutional.

I am not certain of the year nor anyone certain of that but I am sure that if adoption will happen, America has to openly embrace cryptocurrency and accept the blockchain technology is inevitable just like China has done. Then Europe can follow suite. Finally, cryptocurrency enthusiasts have to accept the fact the regulation must surely thrive for adoption

It is already happening and we can see how it progress as time passes by, but it is still on the process of adoption in many different countries. It will take a lot of time before full adoption will apply, we can see more adoption but there are still that do not consider of accepting it.

He mentioned that because his talking about his Binance. Adoption is slowly improving IMO. Before only few projects are in the circle of blockchain but now many have been introduced and continuously increasing. The only problem here is the rate of adoption affected by some projects that aren't needed much. Even without use cases these projects must provide one and not about trading cause it can really affect the adoption.

By adoption, do you mean the entire world adopting cryptocurrency or do you mean just your country. You question is way too broad to answer but to remain optimistic, I will assume that you are referring to a global adoption. In that case, my educated guess is that global adoption could happen as soon as some time by next year, if FaceBooks project Libra is given the green light by the United States congress to go on ahead and launch it's platform. Then all users who have access to FaceBook, Instagram, and WhatsApp will have access to a stable based cryptocurrency.

Don't get your hopes up with a short amount of time, it takes a long time for that.
Lately I've seen everyone expect to happen in 2020, to be honest, I'm sick of seeing that because they are showing a panic.
It's better to just watch what will happen next.

I try not to think about how soon this will happen because I see a bright future for cryptocurrencies and I am ready to wait a bit, but while I expect, I try to increase my cryptocurrency portfolio

Success don't come over night and so blockchain adoption and just be contented on what's happening right now in blockchain. And not to mention that we're seeing good  results on adoption.

2020 is unrealistic, tbh. I'm betting it will take a decade or so to fully adopt blockchain. Blockchain isn't just a easy peasy.

I think, with current situation, adoption won't happen because of dumb tax laws that treats Crypto like property instead of money. Even someone with honest intentions, can never use crypto as a means of exchange because of the tax headache. capital gains tax, fees from exchanges and transaction fees together makes it a very expensive way to buy a coffee. so the space is full of HODLers saving for their Lambo. Have sensible tax laws crypto or preferably none and lower transaction fees, and then more businesses will be open for Crypto payments. as a result you could expect adoption in early 2025.

We will never know how fast or slow it will be. It will depend in a country on how they will implement it. In my country there is a bit of adoption as the government is studying or planning to create a project like in election system thru blockchain. If the government already use it many will sure to foolow in adopting it.

I guess it is already overwhelmingly accepted across major developed countries. The ones behind are just those regarded as third world as a result of their technological development.

It is very unpredictable, but I believe that in general crypto industry and blockchain technology slightly nearing the mass adoption. But we still have a lot of work to do, and I hardly doubt that the mass adoption will take place before 2025.

There are plenty of chances for the year 2020 to be a remarkable one but anything may happen because it cannot analyze the mentality of all the investors across the globe. Yes, it is all about how individual investors will be deciding about their money and risking level.

There is one big event is going to happen in 2020 i.e. bitcoin halving. Like many people, I am also believing that one event will be more than enough to make more people to get into crypto space because, it has more weightage compared to any other event in crypto space. Still, anything could happen and we should not expect adoption of crypto to happen very fast as it has no chances to happen in rapid manner but slow and steady will definitely win the race so that we can remember every upcoming year as a remarkable one for cryptos.

Its unpredictable and very uncertain, only time can tell us the right trend for 2020 and even hodlers say here that we will go for the mass adoption, the future can’t still be sure to be like that. I started to follow my own trend with bitcoin and blockchain industry, I’m very bullish and preparing well for that mass adoption, only me can understand my beliefs well you have to support yourself first.

Cant say 2020 will be the year of blockchain but I believe that blockchain will get more adoption then cryptocurrency. Blockchain is a revolutionary technology and its has frontiers that are even yet to be discovered.

No assurance still, also it is more blurry at this moment given that the market value of most cryptos are not that positive unlike before. The situation will just give other countries reason to doubt with regards to the adoption of the crypto industry . If ever there would be a recovery next year, I still doubt that it would be enough for other countries to do so. Adoption of a currency is not that easy especially with cryptos' case wherein volatility exist in nature.

Companies are already adopting blockchain technology however, it will likely have no effect on cryptocurrency because crypto is a different entity altogether and its adoption can only happen when we start see more use cases for it

2020 though is going to awake the big companies to migrate to blockchain system because its worth doing than just with the old system where security is always an issue. The dapps today will make these big companies realize they are already behind to the development. But the beauty of it is that they do have all the information and people they can consult with and what to do. 2020 is where we can see a lot of publications about bitcoin and blockchain on traditional media sites.

I think 2020 is not the right year.I think for the mass adoption of cryptocurrencies need at least another 5 years.

It is true that Blockchain is now getting a lot of attention and becoming a trend, adoption of big countries like China will be a big news for everyone in the world that could cause other countries to wake up from reality and acknowledge this technology as well. Perhaps on year 2020, half of the countries across the world had already use Blockchain technology but we cannot remove the fact that there will be some countries are against it hence, 2020 is not enough.

Yes, everything must happen organically so that it will sustain forever. But, I do expect both cryptos and fiat markets are going to go existing in this world because both are needed for a stable environment for time being. It might take long time for cryptos to completely eradicate fiats.

I agree mainstream medias are doing great job for making people get aware of cryptos. At the same time we cannot ignore their negative job like spending FUDs. But, overall medias are playing big role in spreading awareness about crypto adopting. When people first hear about crypto they will Google about it and then they will adopt it when they are taking time to analyze about its bright future. This will definitely take time for people so we cannot expect mainstream adoption of crypto to happen rapidly. It will take its own time. I mean to say 2020 will be another year in crypto space which may be may not be a remarkable year.

The adaptation of cryptocurrencies is now 0.05%. This ratio is not low and not much. But I don't think the idea of mass adoption will come true in 2020. It's too early for that. So we shouldn't be impetuous, and we just need to leave everything to time.

You're right, we can't really trust someone's words fully. the fact is that the growth of crypto is not high and therefore do not expect much because it will create a high appetite that is not controlled. it's better to wait and do some research for now

The pieces are gathering together step by step, although we still have long journey ahead but the worst fears are getting neutralized one by one, 2020 should be better i hope and halving is a plus too

He is right when he says slowly but surely because that is the way to proceed, this is not a fad where everybody will notice it then fade away quickly, Bitcoin achieved it slowly and surely in the last ten years, but this time it will be a little bit fast than what is experienced in the last ten years, once the big companies and countries start coming in, things will go a little bit faster, but I like it that way slowly but surely.

From 2020 and beyond crypto adoption will surely get better, 2019 have already open doors to new adoption rate and it keeps getting better every single year but things will surely not work faster like many think, we still have long way to go

many companies have adopted blockchain applications, IBM and many companies are actively involved, and dominance still exists in America. This has no effect on price, but if one day they commercialize several patents in a system integrated with the blockchain in the form of global shares, and succeed in producing a number of profits, it will have a chain effect on other cryptos. In this case I think China will prove it no less than the next 2 years.

If there is one thing that has been constant since the invention of Blockchain technology, it's it's unpredictability, anything could happen at anytime, Mark Zuckerberg went from fighting Cryptocurrencies to announcing his own suddenly, China did the same thing and Cryptocurrency adoption might happen faster than you think, it would come eventually and the time draws nigh, I have a feeling it might be in 2020.

I think that blockchain adoption in 2020 is very realistic, just take a look at the advancement Cryptocurrencies has made in 2019 and although they didn't trigger the altszn like we anticipated, I believe that cryptocurrency adoption is just around the corner, the Chinese would build their Cryptocurrency soon, other countries are gradually waking up to the fact that Cryptocurrency is here to stay and they would soon jump into the bandwagon too.

The truth is yes blockchain industry will be gradually accepted but not fast, as time passes  gradually there will be mass adoption so this is an opportunity for everyone to invest now because the future is bright with investment in ICO

It all depends on many factors.Basically, what side will the elites take with regard to cryptocurrencies.If they decide that Fiat is the end, then in a week You will buy milk with the help of cryptocurrencies.

Time is a major factor that nerds to be put into consideration. Whatever is good takes time to be accomplished, most especially when it comes with a lot of benefits. The adoption of blockchain is already happening gradually, but we need it yo be accomplished globally and that is where the patience comes in.

The adoption is already happening, slowly but surely we are in the right path now.
We might not see that in the price but its fundamentals tells us that businesses are slowly adopting crypto, what is just needed is the full regulation in the crypto market and boom! they will be here because they trust and they are confident.

We are even lucky to be this early because we can invest in the future of money.

Bitcoin adoption will take so long time. It is recommended that we collect or hold assets or other altcoins you think reputable and having utility use.
Patience is the key

I think we really stuck in term of adoption because I can't see crypto getting adopted by big company nowaday, most of the time crypto only accepted by small company that need users but not big company, the backlash from the government after the proposal of libra could have serious affect too regarding this.
the big company dont want to take risk into accepting bitcoin and I still wonder why stablecoin is also lacking the adoption because these stablecoin basically just a digtalized cash and to see that no one bats an eyes is really confusing.

Adopting takes a very long time, let alone a good product. It can certainly take years. While patiently waiting for certain plans of many countries will adopt them like China and some other countries.

 The development cannot be rushed without any preparation. So I think there is truth in the words of CZ. Because what we're talking about is the adoption to all countries where crypto and blockchain has to go against the regulator. This requires intelligence in terms of linguistics to lobby them.
So I think if we are in a hurry for profit reasons you could say we are just crypto trash. Let it flow as it is.
I am sure that in 2020 many industries will jump into the blockchain world. Just show real proof not just words, so that later they will understand themselves.

Revolution is a painful process and takes time. Bitcoin is only ten years old and very young. Of course, it cannot be expected to give direction to the whole monetary economy.
But as someone who has worked well with Bitcoin and the blockchain technology behind it, I can easily say that cryptocurrencies are the most powerful technology of the future.

For me i quite disagree with 2020, Mass adoption means at least halve of the 7 billion people in the world embracing technology maybe 10 to 15 years time

finding partner that adopt bitcoin or cryptocurrency in real life was very difficult. Moreover regulation in many countries still restric about cryptocurrency.  Crypto adoption will happen if most of super power countries accept this. They deal that cryptocurrency will bring new breakthrough technolofy  and effectiveness in any field.