Cryptocurrency adaption

[Phebz]

How will crypto be adopted by the mass population? What will dealing in crypto be like?

[aussiesloth]

The biggest hurdle to be overcome, IMHO, is creating a way for less tech-savvy people to have a wallet and not get scammed, lose the keys, or send the coins/tokens to an incompatible address and then blame the system for the problem.

I'm the only person in my entire family who''s involved in crypto, as the rest don't know the difference between a cpu and ram.

If I get hit by a bus tomorrow, then in all likelihood, my crypto will simply gather dust.  Even though there's a complete list of details in the safe, I doubt any of them would have the skills to access any of it.

So in answer to your question - create a user-friendly app that is idiot-proof.  From there, it should be simple, but the idiot-proofing is going to take some doing.

[mobilezz]

How will crypto be adopted by the mass population? What will dealing in crypto be like?

It is necessary that the crypto currency is in circulation in all spheres of life. But realities say that, at least in payment terminals, then others would be interested, and then maybe they became the same participants like us. But this is still far away, because nothing has been done towards this.

[Egenen]

How will crypto be adopted by the mass population? What will dealing in crypto be like?

If people all over the world purchased Bitcoin and the other coins then the price of the coins will pump.

[ldah94]

The biggest hurdle to be overcome, IMHO, is creating a way for less tech-savvy people to have a wallet and not get scammed, lose the keys, or send the coins/tokens to an incompatible address and then blame the system for the problem.

I'm the only person in my entire family who''s involved in crypto, as the rest don't know the difference between a cpu and ram.

If I get hit by a bus tomorrow, then in all likelihood, my crypto will simply gather dust.  Even though there's a complete list of details in the safe, I doubt any of them would have the skills to access any of it.

So in answer to your question - create a user-friendly app that is idiot-proof.  From there, it should be simple, but the idiot-proofing is going to take some doing.

perhaps while the cryptos become more popular, the curiosity of others to know them increases in the same way, the knowledge of the use must be implemented, as everything new is difficult to learn but not impossible, somehow we learned to use cards of credit and debit without knowing what they were.

[Lanatsa]

How will crypto be adopted by the mass population? What will dealing in crypto be like?

If people all over the world purchased Bitcoin and the other coins then the price of the coins will pump.

Easy to say but would really be a hard thing to be attained considering that cryptocurrency features wont really suit out governments policy and regulation which means it normal for them to take actions and prohibitions which would really be a great factor to stop such adaption and also percentage of people who do engage on crypto was just still small considering on the entire total population.If that thing happen where all people do purchase then we would really able to see new ATH to each coin but it would really be hard or nearly impossible.

[bartolo]

How will crypto be adopted by the mass population? What will dealing in crypto be like?

It will be like when people started to use credit/debit cards, phone mobiles or any innovation. People will start to use them for paying for a ticket or a dinner and in a few years it will be something normal.

[AdamRay]

I do not really know what you mean, Through here is how? Via the masses for Crypto review or for other purposes. But for what purpose, the passage to the masses is impossible, because Crypto is not owned by any nation.

[orions.belt19]

I think you mean adoption*. Adaption is when something changes in order to suit to an environment or new conditions.

As of now, several countries are choosing to adopt cryptocurrency and perhaps the other countries will do so as well in the future. If crypto were to be adopted in the business and financial industries, the the world of payment systems will be revolutionized as we know it. However, for crypto to be adopted by the mass public then a problem arises here because not everyone has access to the internet - which is essential for the use of crypto.

[shinratensei_]

How will crypto be adopted by the mass population? What will dealing in crypto be like?

Crypto already adopted by mass population but not all of the percentages from the mass population itself.

We will be dealing to make improvements in the scalability to make the mass adoption will not be stuck and the majority of blockchain can't be bloated.

Remember last year can become an example how mass adoption attacked crypto in almost three months and make the majority of coins reach ATH.

[adzino]

How will crypto be adopted by the mass population? What will dealing in crypto be like?

Depends on the situation. If the government wins and gets to impose strict regulations then we will be seeing a quite different scenario. But if the government accepts crypto currencies as a form of legal currency, then we will see mass number of people adopting bitcoin. Dealing with crypto currency is no more different than it is dealing with fiat currency.

[alrez]

When everyone has enough knowledge of cryptocurrency, when they know how to use it and accept it, then as the currency is used, crypto will be used as such. Only constraint is now very few understand and use cryptocurrency.

[Rkoshay]

Also when it is easy to go from fiat to crypto and back.  That will help enshrine it.

[cryptogeek101]

If we introduced Crypto courses in our school curriculum, it will increase mass adoption of the concept. This means that government instead of fighting the crypto war will have accepted incorporating crypto in the economy.

[Anne8]

The biggest hurdle to be overcome, IMHO, is creating a way for less tech-savvy people to have a wallet and not get scammed, lose the keys, or send the coins/tokens to an incompatible address and then blame the system for the problem.

I'm the only person in my entire family who''s involved in crypto, as the rest don't know the difference between a cpu and ram.

If I get hit by a bus tomorrow, then in all likelihood, my crypto will simply gather dust.  Even though there's a complete list of details in the safe, I doubt any of them would have the skills to access any of it.

So in answer to your question - create a user-friendly app that is idiot-proof.  From there, it should be simple, but the idiot-proofing is going to take some doing.

perhaps while the cryptos become more popular, the curiosity of others to know them increases in the same way, the knowledge of the use must be implemented, as everything new is difficult to learn but not impossible, somehow we learned to use cards of credit and debit without knowing what they were.

What do you mean of this? Thread asking how crypto can be used fo mass adoption?
The most mass adoption that can be implemented is use for payment system like fiat but for its impossible to use for mass but only for few companyu use it since the confirmation of sending is too slow

[tsaroz]

Crypto is evolving itself to expand to every sectors possible.
But still it's quite new and very less people know about it or very few business and industries has adopted it.
Crypto with it's nature along with smart contract would soon change the way everything works.

[Duzenn]

I think there is very little application of cryptocurrency market in life.
Although blockchain can change many problems in reality, the cryptocurrency market is still at an early stage.

[batang_bitcoin]

How will crypto be adopted by the mass population?

We just need the approval of the government or even they don't have any statement as long as they won't ban crypto's. There are countries that don't support crypto's and they are not giving importance to it but they are not implementing any certain rules or prohibition about it.

What will dealing in crypto be like?

Do you mean trading? the same thing, p2p transactions.

[tenebriscaelum]

The biggest challenge is to gain the trust of the masses, specially in a market that is very volatile. Not to mention how easily most people get hyped or scammed by others. There is also the application of crypto in every day use, only few establishments around the world accept it along with few crypto with real world applications that are not yet implemented. I believe that crypto will thrive more and lessen its volatility if more of it can be used/applied in every day use.

[lvincent]

Not even 1/4 population of the world knows about cryptocurrency, Cryptocurrency to be adopted by mass population still a long way to go, cryptocurrnecy market right now is really volatile and it's still not trusted by big investors in the industry so it will really take some time before it happen.