Cryptocurrency to be accepted in shops by 2025?

[BroganBloodstone]

Hope it will happen much earlier - in 2019 or 2020

I think we will be able to use it through cards like TenX before that anyway. Then you have PundiX which is also interesting.

But I think for it to be mainstream and accepted in most places we are still 4-5 years away.

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[Ra.moomoy]

I will not be surprised if in 7 years many shops would accept crypto currency.  The main reason is that many believed that this is the modern way of doing transaction without involving any cash. Also, there are some shops that already accept this as means of payment so what more after 7 years.

[Valermos]

Well I think the world economic system will develop by 2025 into crypto economy with apps on our cell phones, so why not

[BroganBloodstone]

I will not be surprised if in 7 years many shops would accept crypto currency.  The main reason is that many believed that this is the modern way of doing transaction without involving any cash. Also, there are some shops that already accept this as means of payment so what more after 7 years.

This is why I think cards like TenX will be important once they get their banking license and start issuing out cards again. That way people around the word can spend their crypto using that and no change being needed from shops.

[myhoho]

Lightening network is a must to make payments with bitcoin or any other crypto currencies.
confirmation time is important to avoid double spend or failed transactions.
So we have little more time for now.

[cryptochr]

That would definitely be interesting but this depends on how much shop owners would have to pay to use this.
I can see large retailers easily adopting to this as they can afford to hire experts to help them but what about your small neighbourhood mini market? They may need to turn crypto into fiat as soon as they receive it to cover salaries, paying suppliers and utilities. Depending on how expensive the exchange is and whether salaries, suppliers and utilities etc can also be paid with crypto, will affect the decision to accept crypto

[evdoksi]

This will not happen in developing countries as people still prefer cash there. We still do not see much use of cards for payments there yet.

[Xmm]

In developed countries, this will come much sooner! Mastercard already hired a whole staff of developers of the Blockchain, and they certainly are not stupid!
Now the main obstacle to this is the unwillingness of many countries to accept cryptocurrencies. Once this situation is resolved, then there will be good development!

[TheSmo]

With the current pace of development, I am almost certain that much earlier than in 2025. In the countries of giants, the US, for example, I think in 2020-2022 will actively use cryptocurrency.

[Sapphire9]

This is my dream I hope it will happen much earlier, I am sure cryptocurrencies are the payment system of our future. But unfortunately it is too early, especially in my country

[benjamin11]

I think thats a good news. Right now, cryptocurrency shows a promising innovation in our society. It redefines our view on our payment system. Accepting it in shops will show how convenient it is use. I hope more countries will follow this initiative and more establishment will accept crytocurrency as their mode of payment.

[frowsiter]

Read more here about the survey that was done by Lendingblock:

https://www.globalbankingandfinance.com/55-percent-of-people-believe-cryptocurrency-will-be-widely-accepted-in-shops-and-on-the-bus-by-2025/

Well those are not good percentage which are shown in the article itself but tel you what if there was even 10% population who were willing to use it then im sure thats best shot we have got.

Its good to know anyway that 55% people think that they are willing to use it in the future and thus it gives us idea that we are still in race where there is 45% people who either dont believe in the cryptos at all or they might just be scared about it. However with the time I am sure this % will go up 70% and above as everyone starts getting to know real usage of them.

[tramadols]

of course if it happens, crypto has been easily accepted by the world community and its value is relatively stable. however, if you look at the fluctification of the value of crypto certainly will not be easy even though it has many discourses such as articles you share.

[jelly199]

I would be wary of research like this. A lot of people still do not really understand cryptocurrency and think that coins like Tether or even tokens like Bitconnect are correctly terms as cryptocurrency. But if the scenario is to come true, it would be only for Bitcoin, and perhaps for alts like ETH and LTC. And people would not make blockchain transactions to buses or shops. They would be using their crypto debit cards. So. Not true adoption to me.

[travwill]

Read more here about the survey that was done by Lendingblock:

https://www.globalbankingandfinance.com/55-percent-of-people-believe-cryptocurrency-will-be-widely-accepted-in-shops-and-on-the-bus-by-2025/

Some shops accepted cryptocurrency even today, so in future all world will accept it.

[notary]

Of coutse it`s possible for cryptocurrency to be accepted in shops even earlier than that. Immediately cryptocurrency overcome the war it`s facing now virtually every sectors of business will accept cryptocurrency. No doubts.

[Dan_Mark]

Everyone of us who are bitcoiners want a good future for crypto.Cryptocurrency was made for payment system and it was very glad if that would be accepted now in every shops for us to buy anything what we want or pay our monthly bills using bitcoin.

[isen]

in Europe, the market practice of payments in bitcoins is well developed in Switzerland, Liechtenstein and Luxembourg. And in Germany there is even a bank that allows you to open accounts tied to crypto-currencies - Fidor Bank. so it is possible that the daily use of crypto currency will come into use before 2025.

[mom_dad]

Everyone of us who are bitcoiners want a good future for crypto.Cryptocurrency was made for payment system and it was very glad if that would be accepted now in every shops for us to buy anything what we want or pay our monthly bills using bitcoin.

[hikaru_11]

I hope this happens before 2025. It will be good to see  cryptos achieve a wide level of acceptance in the near future. We are progressing because the present situation is better than what it was years ago