Any ideas of what we lack in crypto world?

[Kambal2000]

What we are really lacking here is acceptance. If the government will accept cryptocurrency, they will make a move in order to fulfill what's other lacking like knowledge. If only the government will support crypto, they can include it in the curriculum so that students and millennials can learn and adopt cryptocurrency. If more people discover crypto, merchants will adopt to it. Making it an option for payments and such.
The only problem would be, non techy people and rural places. Well, it's not actually a problem since they can still choose not to adopt on it if they are not capable.

Agree with you once the government of every nation will accept and will inform people that they will legalize Bitcoin and other altcoins, then for sure the adoption is unstoppable as well as the price cannot stop anymore, as the number of users will increase day by day. But, at the moment, we still need a lot of time and patience before it will happen, as there's still a lot of deliberations coming in and needs proof that Bitcoin and other crypto will not affect the global economy.

[meliodas]

If we talk about the technical aspects, it is not enough of course a new and more correct distribution of coins, to spend such a lot of electricity for PoW in our time is bad for the planet and for people. PoS also does not bring anything good, since a large amount of coins can fall into bad hands and to some government.
If we are talking about fixed-issue tokens, they are usually in the wrong hands from the very beginning.

We need to understand why do we need blockchain? I see for myself only one use case as a check of integrity and immutability of data in the database.
As a cryptocurrency, it is still very unstable and not safe.

I may add  that blockchain is very young for use in economic purposes!

I think even young blockchain is enough to improve current economy situation. What the world is facing, only some technological innovation can save us and that has already happened.  We have very good options with us. Blockchain provides anonymity and security. Crypto currencies that use this technology can produce huge profits. These are enough for improving one’s financial standard.

   This is the reason why states whose economy was crumbling adopted crypto currencies and they are even trying to make it convenient for the public the usage of crypto currencies and that is why Venezuela has launched first ever bitcoin ATM. People need to understand that we live in smart world and no country can survive without adopting latest technologies especially if they are related to economy.

People have use smart currency at the future to keep inflation each transaction made, many people do not believe with their cash money have lower value at the future and must change their payment way with bitcoin as currency without inflation, people remember with their money value with last five year can buy with many kind but after inflation value of cash money make lower price and can't buy with the same thing like last five years.

Financial literacy is what they lack because they don't understand the basics of the economics and how the inflation rate works. If we will introduce or add financial literacy here in the cryptocurrency world then it will enlighten a lot of people and they will realize that there is also other investment vehicles other than cryptocurrency that can help their money to grow over the time and beat the inflation.

[poldanmig]

What I regret is that from the current system there are so many frauds that occur even more sophisticated fraudsters do more skilled fraud mechanisms and in my opinion indeed for so many people who vote so that each country can set Cryptocurrency to finalize the existence of fraud that happened to Cryptocurrency. This is a problem that continues to occur until now

[Faxmate]

I think a bit of regulations on exchanges and new project wouldn't harm anyone.

Does it harm anyone? very wrong. because in my opinion precisely when everything is set by each country, the movement of scammers will be very difficult because it has rules for example if every project is required to verify documents it will certainly avoid investors trapped in projects that have the potential for scams. and of course many people support this. in fact only a few countries care about this

The world of crypto currencies could be cleaned of scammers if all projects ask for valid documents and if government shows support for these projects, there will not be any place for scammers. It is not impossible for government and the teams of projects to prevent people from scamming. Everything in the digital world is possible to trace most of the times and scammers could be punished to teach them a good lesson.

[shield132]

I think a bit of regulations on exchanges and new project wouldn't harm anyone. It will affect the decentralization aspect a bit but it will also provide the needed security to the people. Many people are wary of cryptos because of the lack of security of their funds. Though the security depends upon us only but little bit of regulations over exchanges will bring cryptos int he good books.

I think that regulations can have a good effect, as well as having a law to protect those investors, so that they can have something that can sue in case one project run away or turned to scam. As well as, we should unite as one in eliminating scam so people who were once victim of scam, will once again gain the trust for crypto. 

At the moment it's still very hard to regulate online projects and catch scammers because internet is worldwide and your government won't put much effort to catch person from another country and etc so still and I think in future too you'll have a need to use your brain or maybe every domain registrator will require KYC documents for that so this way I guess it will be avoided.
Regulations on exchanges has it's pros and cons and that's mentioned correctly.
In crypto world we lack the situation which was 11 years ago when bitcoin was created. At that moment it was truly decentralized, anonymous and in overall amazing currency. Now it's becoming opposite of this and is subject of commercial business.

[BonfireBob]

Stability and bigger market cap. Market is too small right now to be stable all the time, some sharks can release bitcoin for 100M and all market crashes. We need to have atleast 1T of market cap.

[shoreno]

Stability and bigger market cap. Market is too small right now to be stable all the time, some sharks can release bitcoin for 100M and all market crashes. We need to have atleast 1T of market cap.

market is big but it will be more better if more people will enter and make the market cap become bigger so that crypto value's can rise more evenly   .

about the stability , i dont think we need it because being unstable is what makes crypto exciting and interisting . being unstable makes crypto unique among other asset and currency  .  we only lack of investors or new people this time but that can be provided the longer the crypto runs

[Edraket31]

I think a bit of regulations on exchanges and new project wouldn't harm anyone.

Does it harm anyone? very wrong. because in my opinion precisely when everything is set by each country, the movement of scammers will be very difficult because it has rules for example if every project is required to verify documents it will certainly avoid investors trapped in projects that have the potential for scams. and of course many people support this. in fact only a few countries care about this

The world of crypto currencies could be cleaned of scammers if all projects ask for valid documents and if government shows support for these projects, there will not be any place for scammers. It is not impossible for government and the teams of projects to prevent people from scamming. Everything in the digital world is possible to trace most of the times and scammers could be punished to teach them a good lesson.

That's what we need so far to have some support from the government, so that ICO can be rise again, legit projects will enjoy the benefit of having investors as they are protected and investors can guarantee that they investing in a right project too, I do hope when that happen, government will really check the legitimacy of the project, and will not just after the money that project will bribe to them.

[Memminger]

If we talk about the technical aspects, it is not enough of course a new and more correct distribution of coins, to spend such a lot of electricity for PoW in our time is bad for the planet and for people. PoS also does not bring anything good, since a large amount of coins can fall into bad hands and to some government.
If we are talking about fixed-issue tokens, they are usually in the wrong hands from the very beginning.

We need to understand why do we need blockchain? I see for myself only one use case as a check of integrity and immutability of data in the database.
As a cryptocurrency, it is still very unstable and not safe.

I may add  that blockchain is very young for use in economic purposes!

I think even young blockchain is enough to improve current economy situation. What the world is facing, only some technological innovation can save us and that has already happened.  We have very good options with us. Blockchain provides anonymity and security. Crypto currencies that use this technology can produce huge profits. These are enough for improving one’s financial standard.

   This is the reason why states whose economy was crumbling adopted crypto currencies and they are even trying to make it convenient for the public the usage of crypto currencies and that is why Venezuela has launched first ever bitcoin ATM. People need to understand that we live in smart world and no country can survive without adopting latest technologies especially if they are related to economy.

People have use smart currency at the future to keep inflation each transaction made, many people do not believe with their cash money have lower value at the future and must change their payment way with bitcoin as currency without inflation, people remember with their money value with last five year can buy with many kind but after inflation value of cash money make lower price and can't buy with the same thing like last five years.

Financial literacy is what they lack because they don't understand the basics of the economics and how the inflation rate works. If we will introduce or add financial literacy here in the cryptocurrency world then it will enlighten a lot of people and they will realize that there is also other investment vehicles other than cryptocurrency that can help their money to grow over the time and beat the inflation.

I just hope that it would be a part of the curriculum in order to transform people to be wiser in handling their finances which I think is lacking that's why the poor becomes poorer and the rich who had been enlightened by this fact became richer. Maybe along with the lessons to be taught if it were to be introduced in the curriculum, crytpocurrencies might be introduced even as an example to a certain topic along with the other methods to circulate your money rather than keep spending it without thinking of the future.

[logicgate]

Stability and bigger market cap. Market is too small right now to be stable all the time, some sharks can release bitcoin for 100M and all market crashes. We need to have atleast 1T of market cap.

market is big but it will be more better if more people will enter and make the market cap become bigger so that crypto value's can rise more evenly   .

about the stability , i dont think we need it because being unstable is what makes crypto exciting and interisting . being unstable makes crypto unique among other asset and currency  .  we only lack of investors or new people this time but that can be provided the longer the crypto runs

  Mass adaptation of bitcoin is definitely going to bring positive impacts on the value of bitcoin and it would be able to increase with more speed and potential. For this purpose, we have to educate people regarding the benefits of bitcoin and crypto market on the whole. Stability of bitcoin will make it similar to conventional currencies or investment markets. Instability is the key for success of this technology.

[suvo05]

Stability and bigger market cap. Market is too small right now to be stable all the time, some sharks can release bitcoin for 100M and all market crashes. We need to have atleast 1T of market cap.

market is big but it will be more better if more people will enter and make the market cap become bigger so that crypto value's can rise more evenly   .

about the stability , i dont think we need it because being unstable is what makes crypto exciting and interisting . being unstable makes crypto unique among other asset and currency  .  we only lack of investors or new people this time but that can be provided the longer the crypto runs

  Mass adaptation of bitcoin is definitely going to bring positive impacts on the value of bitcoin and it would be able to increase with more speed and potential. For this purpose, we have to educate people regarding the benefits of bitcoin and crypto market on the whole. Stability of bitcoin will make it similar to conventional currencies or investment markets. Instability is the key for success of this technology.

Mass adoption is really important factor but the instability has both a good and bad side. The volatility of bitcoin price is an obstacle for bitcoin mass adoption. Let's imagine a shopkeeper what to sell goods in terms of BTC but after selling all his products if BTC price drops 10% in a single day then his business would have a huge impact. Though holding the BTC could make him profitable but he cant hold long. And a small businessman will not want to such kind of situation.
Whereas for a bitcoin trader the volatility always gives him chances, if they miss one they will wait for the next.

[diazepam666]

Crypto doesn't plan anywhere only the government and business entities are missing on blockchain to have was there security base for them. If you might be lacking somewhere means this world centralise market might burst the crypto industry some years before itself. We are stronger already in my point of view.

[Kambal2000]

Crypto doesn't plan anywhere only the government and business entities are missing on blockchain to have was there security base for them. If you might be lacking somewhere means this world centralise market might burst the crypto industry some years before itself. We are stronger already in my point of view.

Absolutely, once our government and most businesses adopted blockchain and for our government to regulate it, then there's no need for us worry at all, as that is what we are just waiting for which is guidance, regulations, acceptance from the government so the doubt and fear from most people will be vanished. In this time, let's take it an opportunity why we are not there at the moment where government already accepted it, as when time comes, the price cannot be controlled anymore.

[freedomgo]

It's been proven that the government action toward crypto can shake the market, with that, I think its necessary to adopt with their system and to make this market a fully regulated one. This would reduce the scams and people will be confident in using crypto.

I understand that originally its created for decentralization purposes but we can't erase the fact that we are all under a certain government, regardless of where we are living.

[Nhor1011]

We see that all the time in some countries cryptocurrencies are banned or in the contrary they start to make a special regulation. It shows that everyone want to do something with it but don't really know what, yet. Maybe you guys can guess, as experts from the crypto community, what do we need for normal living in a blockchain world?

I think "lack of enough Knowledge about cryptocurrency" is the problem we need to solve in order to expand the power of crypto in different countries. I believe that if many people especially those in the government is knowledgeable about crypto ,they will not be against on it and they will not ban crypto instead they will support it because it really helps many jobless people and even to our economic problem.

[Webetcoins]

Stability and bigger market cap. Market is too small right now to be stable all the time, some sharks can release bitcoin for 100M and all market crashes. We need to have atleast 1T of market cap.

market is big but it will be more better if more people will enter and make the market cap become bigger so that crypto value's can rise more evenly   .

about the stability , i dont think we need it because being unstable is what makes crypto exciting and interisting . being unstable makes crypto unique among other asset and currency  .  we only lack of investors or new people this time but that can be provided the longer the crypto runs

  Mass adaptation of bitcoin is definitely going to bring positive impacts on the value of bitcoin and it would be able to increase with more speed and potential. For this purpose, we have to educate people regarding the benefits of bitcoin and crypto market on the whole. Stability of bitcoin will make it similar to conventional currencies or investment markets. Instability is the key for success of this technology.

Mass adoption is really important factor but the instability has both a good and bad side. The volatility of bitcoin price is an obstacle for bitcoin mass adoption. Let's imagine a shopkeeper what to sell goods in terms of BTC but after selling all his products if BTC price drops 10% in a single day then his business would have a huge impact. Though holding the BTC could make him profitable but he cant hold long. And a small businessman will not want to such kind of situation.
Whereas for a bitcoin trader the volatility always gives him chances, if they miss one they will wait for the next.

If we compare the present support with the past one, we can definitely see a huge difference so saying that mass adoption is just a matter of time wont be wrong at all. We just need to be a bit patient. It is not a problem after all. As far as the volatility of bitcoin and altcoins is considered, so this is important for getting benefits. Investors buy coins with an aim of becoming rich and that is only possible with high fluctuations.

[CarnagexD]

It's been proven that the government action toward crypto can shake the market, with that, I think its necessary to adopt with their system and to make this market a fully regulated one. This would reduce the scams and people will be confident in using crypto.

For most part of this regulation there will be less substantial changes in the market we have right now. Regulated cryptocurrency system would just make itself the same as fiat currency, so what would  be the advantage of using it? Thus, making a fully regulated market is far from what I am seeing now.

I understand that originally its created for decentralization purposes but we can't erase the fact that we are all under a certain government, regardless of where we are living.

The word decentralization speaks itself. Giving the financial authority to the mass, regardless of what country you are as long as you are under legal process there's no thing to worry about.

[Xxmodded]

Stability and bigger market cap. Market is too small right now to be stable all the time, some sharks can release bitcoin for 100M and all market crashes. We need to have atleast 1T of market cap.

market is big but it will be more better if more people will enter and make the market cap become bigger so that crypto value's can rise more evenly   .

about the stability , i dont think we need it because being unstable is what makes crypto exciting and interisting . being unstable makes crypto unique among other asset and currency  .  we only lack of investors or new people this time but that can be provided the longer the crypto runs

  Mass adaptation of bitcoin is definitely going to bring positive impacts on the value of bitcoin and it would be able to increase with more speed and potential. For this purpose, we have to educate people regarding the benefits of bitcoin and crypto market on the whole. Stability of bitcoin will make it similar to conventional currencies or investment markets. Instability is the key for success of this technology.

Mass adoption is really important factor but the instability has both a good and bad side. The volatility of bitcoin price is an obstacle for bitcoin mass adoption. Let's imagine a shopkeeper what to sell goods in terms of BTC but after selling all his products if BTC price drops 10% in a single day then his business would have a huge impact. Though holding the BTC could make him profitable but he cant hold long. And a small businessman will not want to such kind of situation.
Whereas for a bitcoin trader the volatility always gives him chances, if they miss one they will wait for the next.

If we compare the present support with the past one, we can definitely see a huge difference so saying that mass adoption is just a matter of time wont be wrong at all. We just need to be a bit patient. It is not a problem after all. As far as the volatility of bitcoin and altcoins is considered, so this is important for getting benefits. Investors buy coins with an aim of becoming rich and that is only possible with high fluctuations.

Weakness of knowledge is lack by joining with bitcoin and altcoin investing, every day have thousand information update with new coin and partner but we down't know at the first time because less reading many information, after price raise up we know all them and have been late for investing in altcoin because price have on the top.

[tambok]

We see that all the time in some countries cryptocurrencies are banned or in the contrary they start to make a special regulation. It shows that everyone want to do something with it but don't really know what, yet. Maybe you guys can guess, as experts from the crypto community, what do we need for normal living in a blockchain world?

I think "lack of enough Knowledge about cryptocurrency" is the problem we need to solve in order to expand the power of crypto in different countries. I believe that if many people especially those in the government is knowledgeable about crypto ,they will not be against on it and they will not ban crypto instead they will support it because it really helps many jobless people and even to our economic problem.

Let's also take into consideration, why people has lack of knowledge? Because they prefer not to believe in it due to lot of scammers out there, so their mindset has been negative over crypto, which is we cannot blame people, but if we will just make time for them to check and for us to explain what really crypto is then for sure they will understand it well, we just need to educate them.

[X-ray]

It's been proven that the government action toward crypto can shake the market, with that, I think its necessary to adopt with their system and to make this market a fully regulated one. This would reduce the scams and people will be confident in using crypto.

I understand that originally its created for decentralization purposes but we can't erase the fact that we are all under a certain government, regardless of where we are living.

Regulation is fine if it’s only to prevent scam or criminalities that might potentialy happen within crypto market however if the regulation is too far it will be yet another problem and could potentially threaten the very first reason of why people are using crypto which is the decentralized nature altthough not all people. Yes we are living under centralized government however the government also know something called human right what makes us afraid the most is the taxation but most of the time we will be fine if we do what we should do as a citizen.