Making crypto succeed in the real world?

[stellgod]

Handling fiat currencies comes almost as second nature to most people. Whether in paper or in their online banking system. They understand its value, how to trade it for products and services, and how it stacks up against a few other foreign currencies relevant to their lives on the global exchange.
Anyway, these years cryptocurrency is growing so fast. So it is truly possible that it can be the money of the future.
As a matter of fact, some programs have already experimented with the use of cryptocurrencies as means of distributing a universal basic income.
Further, cryptocurrencies could help to get rid of intermediaries in everyday transactions. This could cut costs for businesses and help out consumers.

For promotion of crypto in the world we should promote it in our local communities. When more and more people come to know about crypto and they realize that the world is turning towards crypto they will invest money in it and thus the value and price will increase. I know that it will take long time but one day the whole world will use bitcoin b this way.

[Menawi12]

Crypto adoption and regulation from government, i think thats main factor can bring crypto bigger than now. Regulation needed in crypto market because makes peoples confident and attracting to invest. Adoption will bring crypto more popular because peoples always want to try new technology

[micleeiu398]

The Usechain project is designed to work in the real world. About the project
Usechain is a blockchain platform that creates an application for identifying a person and binding it to specific services: crypto-currency wallets, service applications, for insurance or in lending, the banking sector, etc. In addition, the platform will allow for effective mining, realisation high-speed crypto-currency transactions.

Let me tell you one thing, if you want a huge profit or maximum profit and it is clear that it is the well of every investor so just follow the crypto market which is the modern market and most of the transactions are now taking place through the Bitcoin and especially between high trading companies and many other places. It is a perfect source of making money or profit by investing in it.

I appreciate that we have usechain backed by blockchain. Now many people will trust crypto because of this technology. If the use of this technology gives us so many facilities then no doubt that crypto will succeed in the real world. If I am safe, I can transfer money easily, I can use it with comfort I will tell others to use this incredible technology.

[2342q6tegw]

You need these things for crypto to succeed in the mainstream,

1) Less volatility (coloured coins, tokenised assets,inflationary crypto  and min/lyer smart contract or utility token with a burn function (gold can be used in manufacture then it is not avalible fir jewellry) are all possible approaches
2) Simplicity, it needs to be as simple and easy to use as paypal
3) Scale, can it handle thousands of transactions per second?
4) lower resource use, mining is too intensive for mainstream use (maybe PoS is the solution here)
5) Attract non traditional crypto-type people A good proxy for this might be how many women are there? holding the coin? Women are on average much later adopters, so when a third of crypto hodlers are women, we are well on our ay to mainstream adoption.  Remember Games, were more nerdy before Sims, Internet was more so before Facebook. Something that leaves out half the planet's populatio won't go mainstream easily.

[omitusaf]

This is what one of the smartphone manufacturers have adopted. Sikur Secure smartphone has a built-in cryptocurrency wallet. https://www.pcmag.com/feature/359530/this-secure-phone-has-a-built-in-cryptocurrency-wallet. However, this is usually very suspicious to the public as the market is rife with many phishing attempts.

[MiXxe]

Handling fiat currencies comes almost as second nature to most people. Whether in paper or in their online banking system. They understand its value, how to trade it for products and services, and how it stacks up against a few other foreign currencies relevant to their lives on the global exchange.
Anyway, these years cryptocurrency is growing so fast. So it is truly possible that it can be the money of the future.
As a matter of fact, some programs have already experimented with the use of cryptocurrencies as means of distributing a universal basic income.
Further, cryptocurrencies could help to get rid of intermediaries in everyday transactions. This could cut costs for businesses and help out consumers.

For promotion of crypto in the world we should promote it in our local communities. When more and more people come to know about crypto and they realize that the world is turning towards crypto they will invest money in it and thus the value and price will increase. I know that it will take long time but one day the whole world will use bitcoin b this way.

I dont actually know why other people who earn from bitcoin aren't really sharing their bitcoin with the other people. Is that about greediness? Is that about not wanting others to reach what you are currently reaching? We have to remove that kind of mindset. We have to change it into a mindset wherein we are thinking to help to other people.'

[florinigna]

Your 3rd point is most important. More and more offline stores should be allowing crypto for customers.

[Dewao]

Handling fiat currencies comes almost as second nature to most people. Whether in paper or in their online banking system. They understand its value, how to trade it for products and services, and how it stacks up against a few other foreign currencies relevant to their lives on the global exchange.
Anyway, these years cryptocurrency is growing so fast. So it is truly possible that it can be the money of the future.
As a matter of fact, some programs have already experimented with the use of cryptocurrencies as means of distributing a universal basic income.
Further, cryptocurrencies could help to get rid of intermediaries in everyday transactions. This could cut costs for businesses and help out consumers.

For promotion of crypto in the world we should promote it in our local communities. When more and more people come to know about crypto and they realize that the world is turning towards crypto they will invest money in it and thus the value and price will increase. I know that it will take long time but one day the whole world will use bitcoin b this way.

I dont actually know why other people who earn from bitcoin aren't really sharing their bitcoin with the other people. Is that about greediness? Is that about not wanting others to reach what you are currently reaching? We have to remove that kind of mindset. We have to change it into a mindset wherein we are thinking to help to other people.'

No it's not like that, as you see bitcoin price is volatility so means the price can increase and can decrease any time, so what if your friends invest on bitcoin at the high price and the price of bitcoin will going down?  Who do you think he blame?  Of course you. So if you want to share bitcoin make sure that you share everything about it.

[pellor mas]

Merchants are afraid because they have to track sales, income, pay taxes, and more. There is no provision for this purpose and that is why they may not simply accept it easily. For customers it is hard to wait in the coffee shop until they get enough confirmation of the bitcoin process. So there are none but many problems in using this currency. Until the moment we do not see a big preparation for this we can not see any progress as a whole.

[2342q6tegw]

Merchants are afraid because they have to track sales, income, pay taxes, and more. There is no provision for this purpose and that is why they may not simply accept it easily. For customers it is hard to wait in the coffee shop until they get enough confirmation of the bitcoin process. So there are none but many problems in using this currency. Until the moment we do not see a big preparation for this we can not see any progres as a whole.

Good point online sales will need a way to determine location within the crypto for vat/gst/sales tax purporses.

[Btcaivah1]

Crypto market already succeeded in the real world. It has already widely use by different types of project and could be said that many countries and individuals embracing cryptocurrency to be the center of business world.

[Sled]

Adoption is the key for the cryptocurrency to succeed in the real world because if there is no adoption for the cryptocurrencies then it means that there is no implementation for the cryptocurrency. Bitcoin and other crypto should be accepted as an option for making payments and some of the altcoins that have great blockchain technology should be use as well.

[ShineftChaos]

Adoption is the key for the cryptocurrency to succeed in the real world because if there is no adoption for the cryptocurrencies then it means that there is no implementation for the cryptocurrency. Bitcoin and other crypto should be accepted as an option for making payments and some of the altcoins that have great blockchain technology should be use as well.

If every government will adopt the same idea just like what japan is thinking of bitcoins right now and every country will be legalizing cryptocurrency then people can live on a very wealthy country because cryptocurrency can actually improve the economy of a country.

[lamvu663]

We need to create real values that can be seen and felt with the senses

[Pattart]

Crypto currency is not yet popular enough, many states strongly reject it, and people do not want to believe, but I think that soon everyone will know about the crypto currency.

The state forbids and reject crypto not because less popular but the threat that will be given crypto on the local currency and the country's economy. how anonymous will make financial transactions undercover. that's what the government is afraid of. but crypto will continue to grow. maybe one day there is a system that can manage and control the user crypto?

[daarul50]

Crypto currency is not yet popular enough, many states strongly reject it, and people do not want to believe, but I think that soon everyone will know about the crypto currency.

The state forbids and reject crypto not because less popular but the threat that will be given crypto on the local currency and the country's economy. how anonymous will make financial transactions undercover. that's what the government is afraid of. but crypto will continue to grow. maybe one day there is a system that can manage and control the user crypto?

Some of the above fears are the cause of rejection by some countries but the fear is not applicable in countries that currently legalize bitcoin for their community use as a method of payment. Should the countries that are still in doubt do not only see the risk of acceptance of bitcoin alone but should also consider the potential and benefits of acceptance bitcoin.

[t2yax]

Cryptocurrency is one of the invented virtual money. Nowadays, cryptocurrency is not yet popular for all the people. We cannot expect all people are well knonw in cryptocurrency. Even investors and traders does not know how cryptocurrency is produced day by day.

[Bakemat]

Cryptocurrency is one of the invented virtual money. Nowadays, cryptocurrency is not yet popular for all the people. We cannot expect all people are well knonw in cryptocurrency. Even investors and traders does not know how cryptocurrency is produced day by day.

Most of the people who lack knowledge about cryptocurrency are losing a huge amount of their investments today, bitcoins is very popular and those who does not know about cryptocurrency are just people who are not aware of technology that is growing, cryptocurrency will succeed as long as government will not meddle its progression.

[dragoz11]

the factors you have provided are not the ones that would take too much time to implement into the crypto world besides we need to focus on more serious things to happen such as the volatility of price, manipulation and legalization.

[2342q6tegw]

the factors you have provided are not the ones that would take too much time to implement into the crypto world besides we need to focus on more serious things to happen such as the volatility of price, manipulation and legalization.

You need all of those. Your right you need to prevent manipulation too however of you can address volatility of price that helps with manipulation and legalization too. They are not necessarily technically hard but they are needed for mass adoption.