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Author Topic: Cryptocurrency to be accepted in shops by 2025?  (Read 5921 times)
ngacengan
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June 19, 2018, 12:42:13 AM
 #401

it seems that it could happen if bitcoin the price is stable but if the bitcoin price has not been stable then it seems it will be very difficult because it will surely lose when the price suddenly collapsed.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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Bindu124
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June 19, 2018, 07:52:06 AM
 #402

i wish.. Smiley this will happens as soon as
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June 19, 2018, 07:55:12 AM
 #403

I think this is incomplete, maybe in some countries, but some countries I think are impossible. I think that Europe is very likely to be realized. Japan can now use cryptocurrency to pay for it.

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June 19, 2018, 07:55:59 AM
 #404

I think it should happen much sooner
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June 19, 2018, 01:35:27 PM
 #405

Interesting. I thought the percentage will be way lower. In 2025 we may see some new tech and it's going to be completely different altcoins.

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June 19, 2018, 02:12:39 PM
 #406

I am not surprised at this at all, crypto currency is gaining mass adoption and its  usage in shops has even begun in some cities / countries and very soon more shops will start accepting payment using it.
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June 21, 2018, 04:45:12 PM
 #407

I think transactions per second is the biggest problem at this moment. If it will be solved, i am sure cryptocurrencies will be much more popular than now.
The developers have already thought about that and they are already developing the solution, some think it is not going to become successful and that is why they support bitcoin cash as the true bitcoin but like many people in the forum I support the developers of bitcoin and I think the lightning network will actually deliver and once that happens the problem with slow transactions and high fees will be a thing of the past.
It looks like the bitcoin can be accepted as money as long as there will be a huge improvement to the protocol about the scalability
https://cointelegraph.com/news/crypto-markets-see-13-bln-price-spike-in-one-hour-despite-negative-bis-reportAccording to that news the bitcoin needs so many improvements to be used by so many people
Scalability has always been a great problem for bitcoin and I think we are all aware of that but if the lightning networks does not work I think we are going to have several problems because if that is the case then the only way for bitcoin to scale will be to rise the block size with the consequence that many nodes will stop to function as the size of the blockchain grows too big.

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June 21, 2018, 10:16:27 PM
 #408

But I believe that this will happen much earlier. Already, the cryptocurrency is used in some shopping centers around the world and I think that it will not stop.
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June 21, 2018, 10:23:01 PM
 #409

Some of them have already started accepting bitcoin, in future other established altcoins will also be accepted such as Ethereum, Litecoin, and Neo.

Out of the few stores i have seen that accept bitcoin they seem to accept litecoin or ethereum too. normally they accept 2 currencies bitcoin and then 1 other.
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June 21, 2018, 10:31:58 PM
 #410

Its not known if this will come to pass , but the rate at which people are accepting and adopting crypto it might just be possible. People are beginning to warm to the crypto idea and many are getting on board to start using it, by 2025 full adopting might not have been acheived, but there are chances that a number of people will be using cryptocurrency
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June 21, 2018, 10:34:57 PM
 #411

good news, hopefully this can be quickly realized. and of course this indicates that Cryptocurrency is increasingly accepted among many people.
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June 21, 2018, 10:39:30 PM
 #412

I also believe shops are going to accept cryptocurrencies by 2025. Honestly, online shops will probably be using crypto much earlier than that.

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June 22, 2018, 12:15:46 AM
 #413

There are loads of shops accepting crypto as payment already.  Take a look at Japan.
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June 22, 2018, 03:14:43 AM
 #414

It still early to say that it could be widely use in public like buying ticket in the bus. Bitcoin and altcoin has been here for quite long but still there are few who use and understand its value and uses.
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June 22, 2018, 03:18:06 AM
 #415


Why 2025 if it can happen by 2020. Cryptocurrency is one of the best innovations being created in the past years. It has really a good future in terms of payment method and purchase payment. There are many possibilities for cryptocurrencies if governments will just support its use.
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June 22, 2018, 03:18:49 AM
 #416

A lot of big guys already accept cryptos in making a purchase

Newegg.com is an example. Microsoft is another

Or you can book flights with CheapAir. Book hotels with expedia
How cool is that?
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June 22, 2018, 03:25:02 AM
 #417

Nowadays, many more ICOs offer their concept of using the tokens for e-commerce and online shopping. It may be good for many people in the world needs the simplicity, instant model, and also easy ways to shop. I'm sure that in 2025, there will be much growing ICO with shop concept. Now, we have found it and they are being developed.

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June 22, 2018, 11:43:17 AM
 #418


This would be great. It will take time to be widely adopted to the masses. But i hope though that the adoption of crypto would be earlier than 2025.

I guess, it can happen even earlier. Very soon, most of the countries will understand that the usage of the cryptocurrencies gives them a lot of privileges and profits. Therefore, we will all use the crypto even in shops.
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June 22, 2018, 03:43:49 PM
 #419

in Japan merchants are queuing up for crypto currency billing there is a shortage of POS system in Japan and 2015 is very long we can very soon this year more merchants accepting cryptocurrency.
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June 23, 2018, 10:33:30 PM
 #420

Some of them have already started accepting bitcoin, in future other established altcoins will also be accepted such as Ethereum, Litecoin, and Neo.

Out of the few stores i have seen that accept bitcoin they seem to accept litecoin or ethereum too. normally they accept 2 currencies bitcoin and then 1 other.
This is because most of the people that are accepting cryptocurrencies are enthusiast and decided to support this field by accepting cryptocurrencies in their business, so they will accept bitcoin which is the most widely circulated coin and some other coins, most likely the ones they have some preference, after all even if I believe bitcoin is the best coin around that does not mean I do not support other coins.

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