Bitcoin Forum

This recent article spells out the case for why 2020 could be the year cryptocurrency goes 'mainstream'. I have included a quote that summarizes her position. However I am more interested to hear from this group what you think and why.

Also interested in hearing what other positive or negative influences going on this year not mentioned that would impact mainstreaming.

Finally, will Bitcoin lead the charge or will other cryptocurrencies provide key contributions toward mainstreaming and why?

Note: You can only vote once, you can't change your vote, and you have only 14 days to make a choice.  ;D

Why 2020 might be the year cryptocurrency goes mainstream
https://fortune.com/2020/08/24/crypto-digital-currency-bitcoin-jpmorgan/

In principle crypto currencies are already mainstream. Almost everyone has already heard of it and many possess at least a few coins like various surveys have shown. Also a lot of series cover crypto currencies. The question is probably rather, when crypto currencies become mainstream means of payment. That depends also strongly, when the developers can finally provide scalable solutions which can be used by everyone without technical knowledge, otherwise cryptos as general means of payment remain a wet dream.

As far as I know, (based also on what I've observed in the past couple of months) Bitcoin and cryptocurrencies in general are already hit the mainstream level, making it be adapted by many companies, used by many applications, and even made crypto a normal and accepted mode of payments among various businesses. But in fact, some countries were still on the process of adapting and progressing with the system of crypto, whilst some are taking it in legal actions and sees it as illegal. Hence, it was mainstream in many or rather most countries, but not totally in all.

You should put undefined on the poll since we don't know actually on when this thing gonna happen since so far we don't have a government adoption. There are bad news coming and it relates with scam so no wonder that bitcoin will struggle to reach in mainstream since there are other people who's not helping the industry and always creates a bad act which stain the image of all cryptocurrency.

We are already mainstream, as you can see from the media to the world of internet Bitcoin is no longer stranger to the people since it has taken it's first all-time high last 2017. nowadays when we say BTC people most likely to recognize it as digital money rather than a fraud that was because of the good news spreading all around the news today since it has become the talked from the other main television channel in some part of the world. however, we cannot change the fact that there still some people who used it to fool others but nevertheless we are going right in the eyes of the people because as of now they knew who the scammers are.

Cryptocurrency is already in maintream. Its popularity is spreading accross countries but adaptation is another thing. Majority of the countries do not support this technology AT THIS MOMENT. There are still issues which makes it a "threat" in the global market in order for cryptos to be used widely as a digital currency. But as development occur in this industry, there would be a bigger spotlight for cryptos to be freely used and for people to be able to appreciate its advantages.
It is just at this moment, cryptos are mainly used as a form of investment. Many investors are taking advantage of the volatile market value. Given that thid aspect already made cryptos popular, what more when it became used accross countries as a mode of payment.

If you say mainstream, that means the conventional use of Bitcoin. That's almost exactly the same as adaption/popularity and usage.
Well, IMO Btc is yet to be on the mainstream level base on the statistics conducted in 2019
https://i.ibb.co/q0gnY71/Screenshot-20200825-215827-2.png
Source : https://news.bitcoin.com/latin-america-and-turkey-have-the-most-cryptocurrency-users-poll-shows/   (https://news.bitcoin.com/latin-america-and-turkey-have-the-most-cryptocurrency-users-poll-shows/)
The data might not be accurate depends on the number of respondents, but 20% is still too low considering the limited number of respondents.
Though, It might change in 2020 since everyone right now will prioritize in paying a cashless transactions, thus Bitcoin's name will surely come across to every consumer, specially now that there is a growing number of merchants and companies who are accepting Bitcoin.
Nobody knows when will Bitcoin become the "mainstream" in general, but sure 2020 will be a good start.

Why never is on the poll if cryptocurrencies have been on the mainstream many years ago? Think of 2017 when bitcoin reached $20,000 or almost. The media and people were already going crazy over with because they think that it's going to be more then the unexpected comes.

Even before that year bitcoin was already in the mainstream but with sort of bad impression. There's no need to wait for next years to come for bitcoin to go mainstream if, in fact, it's already in it.

I guess everyone globally is aware about cryptocurrency in some way or the other. Some are aware of the positive aspects and some are aware of the negative. I do not think 2020 was the year, In my opinion, 2017 was the year when cryptocurrency especially Bitcoin went mainstream.

How do you define mainstream?

What would need to happen to bitcoin that you would say it's mainstream now?

You can already use it for groceries (converting it to cash in btc credit card apps and to pay). But if you are waiting for shops to accept btc for hodling, i am guessing you have to wait some more. It's just too volatile for that and going to be so for a long time. It isn't designed to be as liquid as cash money from the start.

Or do you accept your grandparents to understand how the wallet works? The same ones who barely understand how to use a browser?
New tech takes time to get adoption like that.

The hard truth is that we are pretty mainstream now. Not everyone is going to accept us, and a lot of people are going to fight us.
Some will be agaisnt us for political reasons, some people hate change, some people technology.
Hell some people against vaccinations and burn 5g stations, so ofcourse there will be people against Bitcoin.
That doesn't mean we haven't been adopted by many.

To a certain extent Bitcoin is already mainstream today. We are not anymore in the days when the use of Bitcoin was almost exclusive within a very small circle of nerds and people who are trying to avoid the open market.

Today, countries are aware of Bitcoin. Many of which are even accepting Bitcoin already. Bitcoin is also already under legal regulations. People are aware of its existence. Businesses are also offering Bitcoin payment options. Billionaire investors are also into Bitcoin. Therefore I would say that Bitcoin is already mainstream, although it is still in its earliest stage.

I think it really depends on what ones definition of "mainstream" is.  I think to some extent we've already reached mainstream adoption.  A good portion of the world is familiar with bitcoin, presidents have spoken about it in public, goverments have released  rules etc.  That said I think bitcoins adoption has a long ways to go, and we've yet to come close to the adoption we will likely see in a few years.  Especially once these fiat currencies keep devaluing themselves.

Awareness is ever growing. That doesn't mean it's mainstream.

I will start to think it's mainstream when it's available on all the usual platforms people are familiar with and when people use it either without knowing they're using it, or not remarking on it as anything unusual.

I think it's going to be far beyond 2025 before it reaches that point.

Weird poll, it doesn't have the only correct option which is 2017  ;D  in all seriousness, 2017 was THE year for cryptos, back then even the average joe living far away in a small farm in the countryside started to ask "what is this cryptothing everyone's talking about?". Cryptos hit the mainstream world 3 years ago, now it's all about when will they consolidate as an alternative payment method that the massess can easily use anywhere, and also as an asset that the general public and investors can use as a store of value.

Btw, the article in the OP is kinda trash, they're just using the same old arguments about bitcoin (the weak dollar, bankers, and the future of btc), i feel like i've read this exact same article 10 times in the last 6 months....are we sure 'Fortune' didn't recycle this article from one of the many shitty crypto news site? =P

If you are still not satisfied with the current milestones of Cryptocurrencies, I do not know when you will be satisfied. When I first learned about Cryptocurrencies back in the year 2018, I never expected that I can gain money from it. It was all too good to be true since all we are doing is studying, posting, and tell people our own opinions. Maybe Cryptocurrency is not yet popular at some countries but it is already Mainstream.

My answer to this question is - Never!

Cryptocurrency has a very grim chance of going mainstream in literal sense! Yes, there will be more countries other than just Japan and Germany will adopt cryptocurrency and legalize it in coming years but it won't become global mainstream.

Unless and until the governments have a toll which will enable them to track the owner of a certain wallet (which is not possible right at this moment), I don't see cryptos going mainstream anytime soon!

Banks now have too much money and they have good liquidity. I think when banks become financial crisis, crypto will become mainstream. Cryptocurrencies will help people pay faster and more conveniently. Along with that, DEFI projects now have a huge amount of money pouring in. I think not far away we will have a crypto bank.

I am certain, those above graph has already shifted this year and with the pandemic, I believe there is growth in adoption also.
Based on the statistics below, you can see the considerable increase of blockchain wallet users.
However, I can't say how accurate it is because definitely a lot of them are already inactive.
Just rough estimate on what's going on and if crypto users are really increasing.

https://www.statista.com/statistics/647374/worldwide-blockchain-wallet-users/

https://i.imgur.com/885sCbW.png

Though we can't say that crypto is in full throttle but we are heading that way.

It unlikely I have an opposite insight in regards to this. Yes, we already have that popularity but it is not a thing to measure that we already at its mainstream, we are still far from it and less chance to happen.

The government had already printed a lot of paper money, some counties don't have the capacity to use crypto for many reasons, and some still banning Bitcoin. It could only bring us into the mainstream if we don't have that paper money option and use conventionally with crypto. But unfortunately, we never have that looks.

Well, I don't think it is a need to have that...people never consider this as a currency but just an investment. We are mostly making this form a money generator, not as a currency. Until then, I can't the possibility that it works.

One of the biggest contributors on Cryptocurrency going mainstream and becoming well known into retailers and Institutional Investors will be the fiat and banks printing overdrive.
Even canadian firms, and restaurants are migrating their wealth to Bitcoin because their fea the whole financial system might end.

based on pool itself in my opinion cryptocurrency is already mainstream even in my country (indonesia) some media start shouting out when bitcoin reach ath @2017. the discuss about miner, trader and future of the crypto industry. and some news keep popped out about crypto world even tho some ppl not trust about this. but i think crpyto will be join everyday life.

I love this article for its credibility. Everything discussed has been a retrospective from the vision of an American in the year 2020. Who has an interest in cryptocurrencies. I didn't know that Universities like Harvard, Stanford, and MIT, are investing in crypto funds. My vote is that already cryptocurrencies are in the mainstream.

Here in our local scene, I don't yet feel the presence of crypto adoption. Though the current pandemic open huge amount opportunities to transact digitally, for me crypto still don't get the spotlight :(. People go to the usual means such as payment cards (like Visa and Mastercard) and other online financial services (like Paypal, Paymaya, Gcash etc.) instead of it.

I don't know about you guys but the majority of population here in our country are still not aware of crypto. And besides, most of people here are struggling on surviving at the moment. Spending and exploring new means of making transactions is not on the top of the list. That's why I think 2020 is not crypto's year.

I think it comes down to your very own definition of mainstream. As for me, mainstream means I can go out in any random shop I chose and buy something with Bitcoin, preferebly on a card. Beside that, BTC must be accepted by the public as a means of exchange AND understood in its basic idea. That said, I think there needs to be a lot of education done, as well as infrastructure build to really say BTC is mainstream

Support on this because Mainstream is depend on how we look at it and how we believe,Bitcoin is already Mainstream because the whole world already know about this and may be using this though in limited use only.
Than is exactly what is happening since Governments has already set their rules regarding Bitcoin meaning they have already idea what is this and that means mainstreaming is happening in our time now.

Define mainstream though. If you were to describe mainstream as something like how Battle royale games dominated the market for a few years already, then I doubt you could describe crypto as mainstream yet. Sure, a lot of people know about it, but I really doubt that a lot of people use it, enough to describe it as mainstream that is. Especially since if you were to consider how only a few e-commerce sites actually accept Bitcoin for payment, and at the same time, the low amount of physical stores that accept them as payment. Of course, this may not actually be relevant (the physical store one), but you can't deny that only a select few actually accept BTC/Crypto payments for buying stuff online.

There's also the issue of what constitutes crypto being "mainstream". It's a currency so to say, so considering how crypto is being used as an investment instead, does that mean you can consider it as one already? If it were in the area of crypto being an investment, well, yes it's already the mainstream, together with stocks I suppose.

Can you elaborate how would crypto be mainstream next year?are you part of a Big advertising company that will promote Crypto worldwide in the highest perception?if not then don't Just talk that you can predict tomorrow when the truth is you dont'

and besides what is mainstream to you?have you really understand what is this mean?

i don't think universities need to invest here because what they need is to have a course to teach the student what is blockchain and cryptocurrency is all about and how will this work for their life in future generation.

We need to get a basic idea about Bitcoin. It is very difficult to say how far Bitcoin will reach the mainstream because the price of Bitcoin is not stable and always rises.seeing the rising trend of Bitcoin prices, it seems that cryptocurrency will go into the mainstream by the end of this year. The price of Bitcoin is rising and with it the demand. As a medium of exchange will rise a lot.

If we are comparing fiat currency with cryptocurrency in terms of it going to the mainstream, fiat is way being used by people compare to crypto.

Although cryptocurrency isn't that popular in some countries as of this moment or I should say that most of the people still don't use it, we are heading to a time where cryptocurrency is going mainstream and that is 100% sure. People are slowly using it. Adoption is going higher at a slow pace though but still there is an increase of users of crypto annually. I know that there will be a time that crypto will go mainstream. :)

I believe we are in the very very early days. Many people might heard about it in the news, or from their friends talking about it, but none of them would know how or where to begin.

Mainstream is when the state/companies/banks start using it to move value to another accepting state/company/bank.

Cryptocurrency is practically popular because people are really supporting it but still there are governments who are not engaging in the legalization of cryptocurrency in their country. Crypto is already a mainstream currency because most of us do have an idea about it that it is a digital currency.

If people are into the use of technology, they will somehow find cryptocurrency interesting while surfing in the internet and spending time doing research about things, because that's how I found bitcoin. Curiosity really have a big impact toward crypto adoption and popularity as it urge people to invest and explore with it.

To some extent I feel crypto is already gone mainstream because of the way the awareness has increased over the years, even now it feels more and more businesses are accepting crypto for payment, recently there has been talks about PayPal including crypto in their system, so to me I feel crypto has somewhorth gone mainstream.

Regardless if Fidelity's prediction is right or wrong I think it is it the positive column in terms of being considered 'mainstream' when companies such as Fidelity are spending a considerable effort to predict bitcoin's future price.

Sure doesn't hurt my head either that they are predicting a $1M price point by 2029  8)

Asset Giant Fidelity Analyzes Model That Forecasts Bitcoin Rise to $1,000,000
https://dailyhodl.com/2020/08/25/asset-giant-fidelity-analyzes-model-that-forecasts-bitcoin-rise-to-1000000/

Crypto-currency already mainstream and popular in my country. However, it is popular for being used in an investment scheme. It's always in our local news and sometimes my parents and some of my friends think that I'm earning in illegal ways. But I'll always tell them how I earn in a legal way and explains that Bitcoin is used as a mode of payment in investment schemes.

It already has become mainstream, and we can see that on the TV series like Mr. Robot. If you go to the streets and ask to people 'do you know Bitcoin?' most of them will say, i have listen about it or read about it some were, even we can see bitcoin in the news, so, that means it's already mainstream.

One reason why South America seem to have adopted faster was because Ver was trying ot promote his scam there. This is one scenario when the scam has helped the adoption of cryptocurrency in a particular area. Unfortunate for Ver is that its BTC thats been adopted not his BCH.  I have been seeing bitcoin in the facebook pages of the tv personalities recently which they were discussion economy and money. To me this indicate that Bitcoin is going mainstream.

it seems like some people have different meanings for "going mainstream". in most cases they think if the centralized entities such as banks start talking about cryptocurrencies then it must mean "going mainstream" but the reality is that even if they are talking about the subject they are only showing interest in the technology so that they can create a centralized altcoin for themselves.

I'm surprised that the top response is 'already has' because it's nowhere near mainstream, in my opinion. There are up to 100 million Bitcoin users (at least, according to the data (https://www.buybitcoinworldwide.com/how-many-bitcoin-users/) I've found), which is less than 1.5% of the population. Moreover, Bitcoin is in the grey legal area in many countries, and where it is regulated, it's often not considered money (but rather property, stock and similar). Bitcoin is getting more and more recognised and becoming something people know about. More companies get interested, there are more mentions in culture and probably more users than 5 years ago, but this all does not mean Bitcoin is mainstream. I've voted for 'in 2025', but I think it's an optimistic prognosis that takes into account how fast-changing our world is. It might take more time, but I think it will get objectively big within our lifetime.

I think cryptocurrency needs two more stages, recognition and regulation
If these two stages have been achieved in my opinion it only takes about 1 year for large-scale mass adoption
This is just what I have in mind that cryptocurrency will become mainstream in the near future between 1-3 years but I hope it will be faster than what I imagined

I do believe that the area that bitcoin needs now is regulation because as of recognition, it is no longer used by few people. The number of usage is now increasing by the day. So regulation should be the next step for bitcoin to get there.

I'd say it's already pretty mainstream but the pivot point will be the fall of USD

The really important stage is education.

People seem to be assuming that because millions have heard the word 'Bitcoin' they know and understand what it is. There's a yawning chasm between hearing and understanding and that can take several years between those moments. You could spend your whole life seeing Bitcoin everywhere. It won't mean anything until you look a little deeper.  Nothing much will happen without people being educated and educating themselves.

You probably see it going mainstream as becoming an official currency of a country or one of the big reserve currencies.

For me bitcoin going mainstream would be the moment when I could go to a grocery store and pay with it instead of doing it with my card or cash. The moment you can do without a card as long as you have a phone with a bitcoin wallet with you is the moment it goes mainstream.

I believe not yet, but if the assumption that it has now truly become mainstream, then, shower thought, maybe Bitcoin will not be more than its own niche in the world?

Do you truly believe that we have "made it"?

There are a lot of people already noticed the use of the bitcoin and the possible help for this on the economy but still, there are a lot of things that need to make considerations because of this kind of digital asset.

I think is

Acceptance and Support

Right now only a few countries accept the use of the cryptocurrency because they have misinformation with these coins some of the platforms are using cryptocurrency just to scam other people so they created and reflect a bad image with the crypto so some of them afraid to use it. In my country, they are supporting the use of the crypto but still, they need to regulate so they make their own centralized wallet so many people used this to buy all the things and kinds of stuff you need and also you can buy with crypto like load and paying bills.

I don’t know how you see it, but Bitcoin has reached a level that seems to me that it is mainstream already.
I don’t know what other mainstream you’re talking about, unless you are one of those fanatics that thinks that the government is going to adopt Bitcoin, then I am sorry that it’s not going to happen; the government won’t adopt Bitcoin and it won’t be what everyone in the world will be using.

Fiat is still going to be around, and Bitcoin will be alternative to the fiat. As for me, I only make use of Bitcoin when it’s an international transaction, because it’s easier, cheaper, and faster than when I’m using Banks to send the money.

I see 2020 as an important year in Bitcoin's life as while the number of merchants who accept digital currencies has increased significantly, but they are still few. For digital currencies to become more mainstream, they must first gain widespread acceptance among consumers. And I believe that over the next two years Bitcoin will prevail, and there will be fundamental developments that will take place in the Bitcoin network.

I personally agree with your perspective, but it all comes down to what each person consider 'mainstream' and even the country they live in. In the USA bitcoin is well known, but not widely enough used or owned to meet my definition. In hindsight, I should have included 2030 and maybe even 2040 as poll options, but at this point it is too late since votes have already been cast.

earlier i was thinking that year 2025 is too much but i changed my mind after reading you comment  . your from the usa and you more familiar if what is the condition of cryptos there   . usa is one of the leading country where the use of cryptos are extra ordinary but it comes to your mouth that it isnt enough to call a mainstream   . how much more to other countries that are known to be less involved with cryptos  ? 25 years isnt enough judging by their current  living but 50 years or more for sure    . 

Cryptocurreny has already gone mainstream. Many people use it as a store of value or a payment method. There are thousands altcoins on the market. Crypto trading obsession is officially a form of gambling addition. I've heard that one hospital provides treatment for people addicted to day-trading. And there are even more proofs that crypto goes mainstream.

"Signifcantly" is not very high if based on the broader mainstream market. How much/what is the ratio of Bitcoin users compared to the mainstream market?

Plus is Linux OS mainstream? No, many people "of the mainstream" has heard of Linux, but Linux usage is targetted towards a small portion of the whole market.

As long as there are many countries that prohibit Bitcoin from being used as a means of payment, it is impossible for cryptocurrency
to become mainstream. I think it's too early to mention cryptocurrency will go mainstream in 2020, considering that there are still
a few merchants who accept Bitcoin payments. So for cryptocurrency to go mainstream it will take a few more years.

Obviously crypto currency is already reached the mainstream adoption, a good development in some countries of the world, some government have spoken about bitcoin. BTC researcher recognized it as digital money that is very easy to invest.

I believe that we are already In mainstream mate or better say that it is defend If how we are looking about what mainstream is all about\
Because for me once something has been Known for around the world
(of course not all people but at least spread the whole world)is already mainstreaming and need to be respected.
So how come that you asked this when we are already in to?
maybe what you mean is to be Known and accepted by the majority of the people worldwide?is that what you wanna ask?

And about the rules,even if you don't mention it "Poll here can only Vote once and no one can change Vote once it was casted already.

I think it will take a while for crypto payments to become mainstream. Because currently paying via the forms of electronic money incurs a large transaction cost. A typical example is the ethereum network. If cryptocurrencies want to be more popular then countries must have their cryptocurrency regulations. New technology is needed to minimize the number of transaction fees per payment even if the payment is minimal. That requires a stronger, faster, free, scalable blockchain network ...

It’s a loaded question, all I can say with any great confidence is that we’re gaining more adoption from all corners of the world as time passes.

Slowly But surely right,The slower we are adopting is the safer and confidence added to all Supporter of crypto currency Market.
It has not to be Bitcoin alone because together with this rank 1 coins are altcoins that also need adoption so lets think of the whole and not only the coin.

---

But Mainstreaming is not that much needed because this is a currency and it will be used even without mainstream thing,
as people now are looking for their option and one of it is online payments that comes for crypto now,While paypal and other online
payments are growing yet Crypto is also gaining popularity and we can find that about the search made this past month from Google site.

I was amazed at how people being optimistic that we are soon to go to the mainstream which is actually a long way to go.
The reality is that we are far from it. Not all have appreciated crypto, nor most of us are using it now and probably the same in the coming years. The current sentiment is that people are still not knowing about crypto and how it becomes a vital tool in the future, yet they ignore rather than to keep fiat instead.

Yes, I was optimistic as well and I was voted having it next year but it can't deny that it's hard to achieve and maybe I was wrong.

First of all I consider "mainstream" to mean widely adopted and used by most people and using cryptocurrencies to be considered a standard procedure.

I've voted never for many reasons. The main ones are these:

- You are talking about cryptocurrencies in general, putting Bitcoin in the same basket with XRP,XLM,LINK,Verge,Doge,BCH,BSV,ETC,XVG,Dash,DGB and 10 thousand more useless coins.
- We talk about Bitcoin being mainstream in 2017 but it didn't stay there. There is difference between being used and being a hype.
- Governments are testing CBDC's. They will be forced-mainstream.
- Cryptocurrencies (the 10,000 altcoins) are there to stop Bitcoin from staying mainstream.

I saw this article and it made be chuckle....well actually maybe this is how bitcoin (blockchain) will ultimately become mainstream (if you don't believe it is already)....teach the NEXT generation early  ;)

This new card game aims to teach kids about Bitcoin mining
https://www.theblockcrypto.com/post/73990/new-bitcoin-card-game-shamory

There is even hope 'Nonce' might appear in a future SAT test so day... 

Maybe I will buy a copy to show my support for the concept plus I can use BTC (of course) to buy it if I want  8)

I feel like the future generations will already grow up knowing what Bitcoin and blockchain tech is. The more mainstream blockchain becomes, the faster kids get to know about it.. especially if video games start implementing their own in-game cryptocurrencies at some point.

Now that I voted, I found out that I might have mistaken "cryptocurrency" for "Bitcoin" in your thread (the current board made me confused) and voted "Never" for that. From what China (https://www.forbes.com/sites/rogerhuang/2019/08/14/chinas-digital-currency-is-unlikely-to-be-a-cryptocurrency/) and other countries have apparently been doing in the past few months, it certainly does look like cashless is a near future thing. But how about we start calling the soon-to-be mainstream currencies as "digital fiat" instead, to stop mistaking them for BTC and other cryptos?

The use of Linux OS is limited to a certain category of people, and they are the developers who need it, but bitcoin will be needed by everyone when merchants deal with it in their stores around the world. And I think the future of BTC is great, as it will be used as an everyday currency, or even used as a guarantee or an investment.

I and most of my co-staff on my office are using linux as our primary OS. Linux is much better than Windows 10 if you just try. The only reason most of the people were sticking with windows was Office suite but as most of your data processing has gone online, there's no use for Windows at all.
Most of the people use their PC only for internet and multimedia where Linux is superior to Windows.  Linux runs steam games better than Windows, the only thing I miss is Epic game launcher which also has a get around to run in Linux.

Poll closes today ;)

a relevant article:
How bitcoin met the real world in Africa
https://www.reuters.com/article/us-crypto-currencies-africa-insight-idUSKBN25Z0Q8

According to poll, it looks like nobody (including me) thinks that 'the year' is 2020.  ;D At the beginnings of this year, I was believing that Bitcoin and most of the other cryptocurrencies would break a new record. But recently, the cryptocurrency market doesn't give green light. In my opinion, cryptocurrencies can go mainstream in 2021.

I don’t know how you see it, but Bitcoin has reached a level that seems to me that it is mainstream already.
I don’t know what other mainstream you’re talking about, unless you are one of those fanatics that thinks that the government is going to adopt Bitcoin, then I am sorry that it’s not going to happen; the government won’t adopt Bitcoin and it won’t be what everyone in the world will be using.

Fiat is still going to be around, and Bitcoin will be alternative to the fiat. As for me, I only make use of Bitcoin when it’s an international transaction, because it’s easier, cheaper, and faster than when I’m using Banks to send the money. BTCBTCBTC

These 10 Countries Lead the World in Bitcoin Adoption
https://decrypt.co/41254/these-10-countries-lead-world-bitcoin-adoption

Cryptocurrencies will become mainstream when everyone knows and understands how cryptocurrencies work.
It will take a huge effort in society and from governments to recognize cryptocurrencies as the solution to the currency of the future. They have to prove the banks are in redundancy or until the banking system around the world collapses. Do you think it happened? I firmly believe not.
Cryptocurrency is only the solution to some social problems and it is only when governments and societies put cryptocurrencies in their systems that it becomes ubiquitous.

So i think this would largely be based on what you define mainstream as.

1) If you mean that the world has largely heard about it ( awareness) and have somewhat of an understanding about it (even though most of the world still thinks of it today as largely a speculative asset) then yes i would say that it already become mainstream.

2) If you mean as a system to transfer value between parties quickly/efficiently/ privately then one can make the argument that it is already mainstream or will become so in a few short years from now.


3) However if you mean as a day day to day payment mechanism, where most payments for everyday things can be made using Bitcoin (which was always the original goal imo ) however than i think we are still a long way from that and probably at least a decade or so away if not longer. This is largely because i don't see how any government would willingly and readily accept a loss of control over financial and monetary policy or any other policy for that matter even when not relating to bitcoin i mean this is what most revolutions are made of. And if enough people start using it for everyday things then i feel that states will only become more aggressive in trying to curtail/ prohibit the use of Bitcoin. The concepts of  CBDC ( central bank Digital currency)  is already being developed in some countries and is probably the best example of a how a state might try to counter the advantages that Bitcoin provides while still maintaining their control over policy.

I can imagine a scenario where once the concept of CBDC has been well developed that states will start to aggressively promote this as an alternative to Bitcoin including by attempting to Ban the use of Bitcoins in their own jurisdictions, however there will always be other states  that are more willing to adopt Bitcoin instead most likely first on an experimental basis. Most likely these will be a few of the smaller countries or financial reasons or perhaps some of the larger ones due to Geo-political reasons for instance or as way of evading sanctions etc or merely because some countries have more liberal attitudes such as the Scandinavian countries. I don't want want speculate on which will succeed.

I don't agree with the poll results that cryptocurrency is already mainstream, the evidence is that there are still many people
who don't know Bitcoin. If Bitcoin manages to return to all-time high prices, I believe cryptocurrency will go mainstream. Because
there will definitely be many articles which reviews cryptocurrency. And more and more countries will begin to open up to Bitcoin.
Hopefully 2021 Bitcoin could hit the price of $ 19,000 again. So cryptocurrency will go mainstream.

Thanks for sharing this data. I was really surprised about the low number of respondants owning cryptos in Japan. I would have expected that this country in particular would be far ahead in terms of acceptance. Not only because of Satoshi (who is probably not Japanese), but also because of the general affinity of the Japanese for technology. That crypto currencies are widely used in Latin America and Turkey is no surprise. It is just the countries that suffer massive from economic and currency turbulences. Besides, the countries are badly governed. Despite their volatility, cryptos seem to be the better way to preserve value than the local fiat currency.

Isn't it already in the mainstream? I think it has been on the mainstream for so long already.
We could already see so many company and people accepting it and using it regularly so for me it is already been on the mainstream I would also like to ask OP what is your idea or how would you define if crypto is on mainstream?

1000 people cannot represent the whole country's stance and not sure with whom they done this survey!

Or else people who uses cryptos are supposed to care about their privacy more so they just want to become anonymous and replied no when such questions has been asked to them.

Awaiting for 2020's survey!

It is amazing how people get into crypto and adopt Bitcoin during the pandemic situation but then, it was clear to see that weren't yet in the mainstream. And even we took a survey this time, it is obvious that we are still not gone too far. It could something seasonal as we are in the time where going outside is limited and most transactions happen online. But what happens if we totally eliminated the virus and back to normal?  It probably many where leave crypto and sell off their coins.