What do you believe is needed for crypto currencies to be mass adopted?

[Wexnident]

We at Quantum1Net believes what needed is higher amount of data transaction and speed, lower power consumption and stronger security.
https://github.com/quantum1net/Documents
Other than that, what do you think?

In my own opinion, I think that the most important thing for implementing using of crypto currency is by having it's stability value in the market, therefore the people doesn't feel doubtful while engaging to this system. I think the main reason why it's not yet totally adopted by other people is just because they felt to this system that it has a less security and unsafely storage of their money because it's full volatility in the market. Some people are much wiser and smarter that's why they don't undergo in somethings more risky.

[buwaytress]

2. Regulations:
It might sound awkward but it is true. Regulation can make the crypto market shine like a moon. Over 90% of the world population are very conservative about their finances. These percentage of population would not try anything new in their entire life if that particular thing is not approved and regulated by their government. The statistics looks shocking but it's true. The members of these community don't come under this percentage hence it will be hard to digest, but try talking to your grandparents about crypto currency and ask them to invest in it, you will understand the fact. If crypto currency is adopted and regulated by a majority of the government, the entire market dynamics will change for better.

There are other factors as well. However, these two are the basic factors which will help crypto currency to be adopted by the common mass. Obviously we can't think anything less about the technological aspect of it because we will need to infrastructure to support this market and technological advancements is the only we can achieve that.  

That's right! Think about mass adoption and then think about the masses. Even the few who can discern technology will not necessarily make that a priority when choosing to use tech. Regulations will actually go a long way to convincing people that it's safe to be involved, it'll certainly win over one or two generations before us. But I feel that our current generation and the ones after us will have lost their appetite for regulations. Certainly we have a huge appetite for risk.

You mentioned economic factor and I believe the biggest obstacle seems to be price volatility. I can use a certain amount of coin today to bet on football, pay a bill, buy a TV subscription, and I know almost for sure I'd need more or less coin tomorrow, next week, next month, to do the same thing. I think there's little we can do to change that. As bitcoin matures, it should become less volatile (but I suppose if regulation can help with that...).

[CHENIEN]

For my own idea, the main reason that should be needed for the total mass adaptation of bitcoin are all about safety and security to all users. It is all about the one hundred percent total trust of people who accessed bitcoin. Because when time comes that some of us victimized by some hackers and scammers, we cannot file a legal complain against those person who victimized us. And we all know that all people here joined bitcoin business are all secrets profile, and no one knows whose that people really is. That's why many personalities who takes advantage like hackers and scammers because of secret identity in this business. So, for me, I would better agree if bitcoin creator implements a transparency transactions to those people who participates different transaction in bitcoin. But only limited display of transparency transactions, only between the persons who deals their transactions. In order to minimize scammers and hackers.

[Direwolve735]

We at Quantum1Net believes what needed is higher amount of data transaction and speed, lower power consumption and stronger security.
https://github.com/quantum1net/Documents
Other than that, what do you think?

Bitcoin needs more quality publicity. Very many people, especially in developing countries, have never heard of Bitcoin at all. And if they did, they do not understand what kind of phenomenon it is. Therefore Bitcoin also needs a correct interpretation. Information about crypto currency must be presented clearly and as simply as possible. And it is also necessary to emphasize the positive consequences of using cryptos both for each individual and for society as a whole. When people see exactly what they can benefit from this or that project, they begin to be interested in it.

[fiulpro]

We at Quantum1Net believes what needed is higher amount of data transaction and speed, lower power consumption and stronger security.
https://github.com/quantum1net/Documents
Other than that, what do you think?

Holding is one of the things needed for mass adoption! Many of us here used bitcoin as a stocks and not as a means of payment for goods and services. Bitcoin will be adopted by big financial institutions if it price is stable and that is why we need to create that stability by holding what we have and not sell them. When you sell you are contributing to the volatile that affect mass adoption.

I do think that it's more popular ... Due to it's volatile nature.. people invest in it because of huge gain that they can accumulate from it.. I don't think that it's.. anyways gonna be used as a currency because fiat system has it's own advantage..that.. are ... More than Bitcoins.

For Mass adoption I do think that what's important is.. ! Government ** regulation ** not ban !..

[Hui8]

We at Quantum1Net believes what needed is higher amount of data transaction and speed, lower power consumption and stronger security.
https://github.com/quantum1net/Documents
Other than that, what do you think?

We need very simple thing to run this business in greener way. That's : Investment and Faith of investors. If we have all these then I'm pretty sure nothing is impossible in the world of crypto currency to keep up the pace of bitcoin. Investment is needed to make the bitcoin develope more and more through the time and to have to valued higher than the other currencies. Obviously to maintain this customer base or investor base per say I believe we need faith on the bitcoin. This is because we don't want to loose them up during the worst phases of the bitcoins. We see them often so we don't wanna get its bad impression.

[HarringtonStark]

Some companies are building their own cryptos and some are beginning to accept Bitcoin and Ethereum. I think as smartphones become more and more advanced and when implants become more common, that is when credit cards and cash significantly disappear and more people will consider cryptos due to it's simplicity and security advantage over fiat.

[suzanne5223]

There so many thing needed to be done for crypto currencies in other for it to be mass adopted but I will mention the few and most important.
Stuck and limit of crypto transaction per seconds was the reason why some site like amazon don't accept crypto as payment and I believe if the crypto can take thousands per second, low network fee and transaction don't stuck. I believe a lot of people will come in into the crypto business/world.

[zhanyiguai261315]

Encrypted digital currency is accepted by the public, the first choice needs the government's support!

If the cryptocurrency becomes a public payment method, its value must follow the BTC. To solve cryptocurrency and BTC conversion!

[South Park]

Its a catch 22 situation.

With more adoption there may be more introduction of control and regulation
by governments and banks. With more usage banks will become more threatened
and so they will move to block fiat flowing in and out of crypto.

For the lovers if high value crypto more adoption is a must.

There is always some way out of those situations, right now we are in some sort of equilibrium with the banking industry but if that were to be lost then one side could destroy the other or at least damage it, bitcoin is very resistant it is very difficult to imagine something that could destroy it, however the economic system is very frail and at some point it will crash it doesn't matter if it happens tomorrow or in 50 years it will happen and when that occurs then they will be unable to block crypto.

[darkr]

First of all people should understand crypto and accept it. it is difficult to come up with some additional tools, it remains only to wait for people to accept the very idea of money that does not depend on the state.

Maybe schools should teach crypto 

Knowledge always helps people making their right choice. You are right - if Bitcoin is taught in schools, more persons will understand how it is important.

[Kingofbitcoin12345]

Mass adaptation of cryptocurrency in the world is undeniably needs the support of the government.. That is hard to achieve at this time as it has no pressure from within the core of the society,, the people.. If a young government officials with the same sentiments and open-minded with new technology will emerge in 2020th generation then it will have a big impact to it as a whole..

[KennyPowers]

One of the things: If loyalty programs of large companies (like Starbucks) will go through blockchain tech and become tradable, this would mean instant mass adoption.

[k@suy]

 Bitcoin will be mass adopted if the same government will fully support it. But at current situation, its not clear. But still, if there are more merchants will support in accepting bitcoin, I think  it will make an impact. For example if there is a Merchant Association worldwide that will agree to support bitcoin and other cryptos then its easy to roll out it. There must  be a template for that like in other financials so that accepting bitcoin template is uniformed.

[sindikat]

Its a catch 22 situation.

With more adoption there may be more introduction of control and regulation
by governments and banks. With more usage banks will become more threatened
and so they will move to block fiat flowing in and out of crypto.

For the lovers if high value crypto more adoption is a must.

There is always some way out of those situations, right now we are in some sort of equilibrium with the banking industry but if that were to be lost then one side could destroy the other or at least damage it, bitcoin is very resistant it is very difficult to imagine something that could destroy it, however the economic system is very frail and at some point it will crash it doesn't matter if it happens tomorrow or in 50 years it will happen and when that occurs then they will be unable to block crypto.

Where did you see the balance? Look closely at what's going on. The government say that they are considering the legalization of bitcoins but don't do anything. Bankers say that all cryptocurrencies are a bubble. Continuously stricter rules of exchange of cryptocurrency for Fiat. This means that there are active hostilities against the use of cryptocurrencies. How can you not see it?

[Dragon5]

Of course, secure and fast transactions will add appeal to all that cryptocurrency stuff. What's more, better reputation is needed for popularity. Unfortunately, to many illegal deals are proceeding involving cryptocurrencies.

[Rath_]

Unfortunately, to many illegal deals are proceeding involving cryptocurrencies.

Don't be ridiculous. It is true that cryptocurrencies are used for illegal things but we have remember that fiat, gold and other valuable things are more common when it comes to doing anonymous, illegal payments.

Knowledge always helps people making their right choice. You are right - if Bitcoin is taught in schools, more persons will understand how it is important.

Not necessarily, I doubt that every single student will understand the purpose of cryptocurrencies' existence. There are still many people who don't know what inflation and deflation is, even though it was taught in the school. Also, I met people who actually didn't see anything wrong with printing additional money. I'm terrified how people became so naive.

[Swinging Phallus]

Maybe schools should teach crypto  

School won't help that much if we're going for a really massive adoption in Bitcoin. I would learn Science and Physics in school but I wouldn't carry it in my future because it wasn't the line I was looking for. School could make the awareness but not the adoption itself. Maybe media should give it more attention without ruining it because of those FUDS.

I wasn't even taught anything about fiat currency in school, learned nothing about fractional reserve banking, taxes, or anything else for that matter. To be using a different currency for exchanging goods would require a massive paradigm shift. I think the only way we will see that is if it is adopted by regulation and governments as an official currency rather than an asset or if there were a collapse of the global economy.    

[beverly788113]

Bitcoin needs more flexibility and wider coverages, and with more social media promos. Bitcoin is here to stay and at that bitcoin will become the world first cryptocurrency and universally accepted digital currency for online payment. An assets and a great investment.

I think that's where bitcoin and other cryptocurrency types are headed. The annual growth rate of the cryptocurrency market has soared, so I think there needs to be management and insurance from the authorities to ensure the assets of investors in this market.

[vintages]

Bitcoin needs to work as a currency that's what we really need not many people are going to put their money bitcoin if it is just a high risk investment, after all how many people are investing in those kind of products not many I suppose, but everyone needs to use currency from the richest man in the world to the poorest so until bitcoin is able to satisfy that condition then we cannot get mass adoption.

I don't think it will be possible for bitcoin to work as an offline currency if that's what you mean. But if you mean online currency then I concur and I believe its still serving that purpose because many people are using it to make payments online. And bitcoin is not that a high risking investment compares to many upcoming ICOs that has an uncertain future; this is because Bitcoin future is certain.