Cryptocurrency to be accepted in shops by 2025?

[mstfprcn]

most probably yes, there is lots of project still working in order to solve micro payments, for exp. paytomat is a great solution for waves based payments.

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[idex100]

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/

I trust we will have a general acceptance or adoption earlier than 2025, adoption can go astronomical in 2-3 years if governments give it a free pass

[idex100]

Actually as of now, there are some stores or retailers that are accepting crypto like bitcoin and ethereum. So what I can sense is that it might happen sooner or later than 2025 because of it. But I hope it'll be so that crypto currency will be known around the world.

That is true, also various ecosystems are constantly being developed around the different ICOs which will make use of their utility tokens.They will drive adoption within those industry especially if they offer superior services.

[Geleve]

i think it is very possible. but as many people expect, i dont think that cryptocurrency will be bitcoin. because of fees and transaction times. bitcoin is not proper for shopping yet. lets see how will they run lightening network.

[YinShuiSiYuan]

There is a very high probability that it will happen even faster. Maybe not immediately in all countries, but in the most friendly cryptocurrencies it will surely happen on a large scale. There are more and more projects being developed to enable payment of cryptocurrencies. The problem for stores may be a large price fluctuation.

[dusty_daniel]

Cryptocurrency is being developed very quickly and the market changes very fast too. So we can’t look into the future so far. In my view it will happen earlier 2025

[ElenaN]

I really want to believe in this, and hope that this will happen a little earlier!

[binghope]

If it's an accurate information would be a very good time for the cryptographic market, I believe cryptanalysis will gradually gain access to real life.

[Jennycrypto]

one cannot say for sure, as there are many crypto currency out there now,shops will find it difficult to choose from,  besides the scalability problems still lingers on, cryptos have to solve scalability issues first,  so transactions can go fast in seconds.

[bazar111]

Many shops in 2018 have already started accepting bitcoin, in future other popular altcoins will also be accepted in many shops I think, for example, Byteball are accepted in many shops of Italy and has own cashback service.

[eriwis]

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/

No, this is just a myth, no one can prove this yet. It is true that since the price of bitcoin has dropped, Altcoin's price has also declined, but I think it is because the crypto market is sluggish, so all the coin prices are down. So, not because bitcoins are all the same, bitcoin and other coins are different, have different projects and goals even in one world.

[artemdubina88]

As far as I know, the cryptocurrency is already used in the sphere of trade and service ! And in fact, this is a very interesting approach to business !

[laynequinten]

US had already embracing the bitcoin system and i guess they will relatively conduct a study and then modify some bitcoin's feature that could lead to its destabilization and price of btc will be controlled over by the government. So as of now we have to enjoy the bitcoin has to offer us

[Biasaae]

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/

Yes, there is a relationship between the two. If you want to buy coins on the market or ICO, you can not use paper money, the only way to get it is to trade through both. Bitcoin is the controller of market prices, a benchmark for market stability, while altcoin is a follower, so naturally the health of bitcoin has a major effect on the life of crypto.

[acord00]

Yeah maybe it will be realized that crypto currency will be accepted in stores by 2025. But I'm sure it's only openly accepted in a country that gives legal status for crypto currency. I believe that in countries where prohibits of transactions in crypto currency will still use crypto currency for limited transactions. I am sure if a country still prohibits crypto currency then it is a setback for the country.

[tiggytomb]

Mastercard has just recently secured a patent to enhance crypto payments so maybe we are not that far off having one of the largest payment processors working with crypto.

I don't think this year is looking as though much is going to happen in the grand scheme of things, not if the first half is anything to go by.

[Mariahuhu]

Crypto money started to be valid at this time. With all stores, it allows you to shop with a few store-owned bitcoins. There are Bitcoin atms in shopping centers and airports.

Yes you are right with that a lot of merchandise today are accepting cryptocurrency and latest news are Mastercard and BMW will be into cryptocurrency which a really a good news to all of us because those big companies realized the use of cryptocurrency and blockchain technology that will provide more efficient transaction to them.

[dee767]

I am sure that this will happen much earlier.
2020-2022

[triplef]

I am sure that this will happen much earlier.
2020-2022

Do you believe in this? I mean crypto is wide used, but how often do you use crypto in malls if it accepted? And I think there are a lot of people, who wont spend their coins at all. They just invest, hold.

[Crypto_lion]

I sincerely hope that majority if stores start accepting crypto along with the fiatsmHope some payment gateway gets crypto integerated . one such payment platform which seems to drive towards that is open platform.