Making crypto succeed in the real world?

[gandhe83]

Hi, I would love to hear your input on this.

As I see it, we need crypto wallets installed on every phone possible to ensure the readiness of everyday payment with crypto assets. Once customers are ready to pay, the stores will follow.

At least three things needs to happen:

1) Adoption of crypto wallets needs to increase (preferable with pre-funded assets)
2) Each wallet provider needs to agree on a standard protocol for payment (Maybe Payment Request API (W3))?
3) Store owners need a merchant app to receive payment with further integration into multiple accounting systems.

Have you seen anyone doing this?
Do we need a wallet alliance that can stipulate a standard?
What else needs to happen besides regulation?

Best crypto greetings,
Vindberg
https://validators.com

Cryptocurrency will always succeed in the world, it has been announced many time that bitcoins is dead but still it managed to grow even more as the time goes by so cryptocurrency does really have a bright future.

I think so. Electronic money will always be successful. I believe in the future it will help a lot for the community, now the community is gradually adapting. The latter goes on to stabilize. The electronic money is going to spread more. Bring good value to the community as well as this market.

[scoin9]

Cryptocurrency would certainly succeed in the world, because there are many use cases of cryptocurrency in solving real world problems, but before it can really succeed we need to make sure that exchanging cryptocurrency for Fiat is seamless and easy for everyone, Banks have to teamup with cryptocurrency exchanges to ensure that conversion of cryptocurrency to fiat would be seamless.

[Rakesh_alejandro]

I think 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. So there is no provision for this purpose and that is why they may not just accept it easily.

[Damn3d]

I always favoured by communicating with people around me and my real life and encouraging them to be involved in cryptocurrencies I am also contributing into overall progress and development of crypto.

[PonyBoy]

Also I am communicating with my closest, and I'm not compelling them to join the cryptocurrencies, but I am trying to make them believe that bitcoin is not the bubble in crypto currencies is not the scam schemes. All that is trustworthy and legit.

[TheGreatPython]

I supposed if Telegram really launches its crypto, that will be a huge leap forward for the whole sphere as hundreds of millions of users will acquire a tool for extremely easy transfer of crypto inside a messenger and begin using it for everyday transactions.

In this modern world most of the countries are looking at the cryptocurrencies and especially towards the Bitcoin due to many reasons. Those countries where the Bitcoin is tax free and other crypto coins are also tax free their people are very happy and enjoying it. Investors consider it a golden opportunity to get success in this modern world and are appreciating crypto investment for making money.

[jrrsparkles]

Also I am communicating with my closest, and I'm not compelling them to join the cryptocurrencies, but I am trying to make them believe that bitcoin is not the bubble in crypto currencies is not the scam schemes. All that is trustworthy and legit.

Telling the actual thing is needed because many people convincing their friends like you can earn lot of money in short term so they will come to invest without knowing what is bitcoin and how the prices changing.So people will lose their money too by getting more greedy.

[evilgreed]

I supposed if Telegram really launches its crypto, that will be a huge leap forward for the whole sphere as hundreds of millions of users will acquire a tool for extremely easy transfer of crypto inside a messenger and begin using it for everyday transactions.

In this modern world most of the countries are looking at the cryptocurrencies and especially towards the Bitcoin due to many reasons. Those countries where the Bitcoin is tax free and other crypto coins are also tax free their people are very happy and enjoying it. Investors consider it a golden opportunity to get success in this modern world and are appreciating crypto investment for making money.

              But it is not that easy as we think it should be. There are lots of things to consider before legalizing it in ones country. For example is that most of the banks are not really into that idea, and second one is that it is good that the number of crypto users specially bitcoin will increase, but it is not that it is compulsory to each and everyone and make their own wallets and use crypto.

[eternalgloom]

I think 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. So there is no provision for this purpose and that is why they may not just accept it easily.

That's what lightning network will solve once it's fully operational and in wide use. So please don't spread misinformation by saying that there is no solution yet for this problem.
Even now there are enough brick and mortar stores that are accepting Bitcoin. Usually they even allow 0 confirmations to make purchases.

Most people just do it fairly and in case of double spends etc. they just eat up the loss.

[Ava Duvall]

If Crypto wants to succeed in the real world, I think people need to invent more technology to meet the needs of people's lives through crypto. So we hope Crypto grows closer to our lives.

Technologies qbout crypto is more than enough to sustain all the needs of the people in the world,whats the problem is the People needs to adapts crypto in their daily lives and this must be addressed,if people in the world will only use lall the technologies offered by crypto world,well maybe success in everything inside this community is indeed

But adapting crypto takes time and its a process, that is not so easy. but you are right- adapting crypto into everyday lives people wpuld catch on very quickly, and crypto would succeed

[boksoon]

Hi, I would love to hear your input on this.

As I see it, we need crypto wallets installed on every phone possible to ensure the readiness of everyday payment with crypto assets. Once customers are ready to pay, the stores will follow.

At least three things needs to happen:

1) Adoption of crypto wallets needs to increase (preferable with pre-funded assets)
2) Each wallet provider needs to agree on a standard protocol for payment (Maybe Payment Request API (W3))?
3) Store owners need a merchant app to receive payment with further integration into multiple accounting systems.

Have you seen anyone doing this?
Do we need a wallet alliance that can stipulate a standard?
What else needs to happen besides regulation?

Best crypto greetings,
Vindberg
https://validators.com

All possible  business  tandem to bitcoin is only secondary the important is more adoption of Bitcoin  is our focus we convince to all our friends and relatives to support to use Bitcoin because this is only our survivor in terms of financial.

[arin_muah]

If Crypto wants to succeed in the real world, I think people need to invent more technology to meet the needs of people's lives through crypto. So we hope Crypto grows closer to our lives.

Technologies qbout crypto is more than enough to sustain all the needs of the people in the world,whats the problem is the People needs to adapts crypto in their daily lives and this must be addressed,if people in the world will only use lall the technologies offered by crypto world,well maybe success in everything inside this community is indeed

But adapting crypto takes time and its a process, that is not so easy. but you are right- adapting crypto into everyday lives people wpuld catch on very quickly, and crypto would succeed

soon or later we will se bitcoin adapted in daily life.in future we can use bitcoin to buy anything.it could be payment system and also as investment portofolio.

[arin_muah]

If Crypto wants to succeed in the real world, I think people need to invent more technology to meet the needs of people's lives through crypto. So we hope Crypto grows closer to our lives.

Technologies qbout crypto is more than enough to sustain all the needs of the people in the world,whats the problem is the People needs to adapts crypto in their daily lives and this must be addressed,if people in the world will only use lall the technologies offered by crypto world,well maybe success in everything inside this community is indeed

But adapting crypto takes time and its a process, that is not so easy. but you are right- adapting crypto into everyday lives people wpuld catch on very quickly, and crypto would succeed

soon or later we will se bitcoin adapted in daily life.in future we can use bitcoin to buy anything.it could be payment system and also as investment portofolio.

[jsrenthourse]

It is too early to think about that when bitcoin can still be exploited. One currency is stable when it can not be exploited by many people, now bitcoin prices are fluctuating very strongly.

With a fluctuating currency, it is only suitable for trading, not for payment, even if it is known to be fast and safe.

[bosimpson54]

If Crypto wants to succeed in the real world, I think people need to invent more technology to meet the needs of people's lives through crypto. So we hope Crypto grows closer to our lives.

Technologies qbout crypto is more than enough to sustain all the needs of the people in the world,whats the problem is the People needs to adapts crypto in their daily lives and this must be addressed,if people in the world will only use lall the technologies offered by crypto world,well maybe success in everything inside this community is indeed

In my opinion cryto or blockchain technology is not enough for society to develop, he is right, we need more technology based on blockchain or digital. Maybe now we have not thought about what it is, but there will be a new technology coming out of the development of the internet today

[Coinworld98]

The success or failure of cryptocurrencies depends on all of us who are already partakers or early into the field. We need to actually device means of making the ordinary people appreciate cryptos by showing them live usage.

[dlouulmusthofa]

the main problem for addopting cryptocurrency uses on a country is regulations on each country, a country that views the good side of crypto will definitely adopt the use of crypto

[sborders52567]

While BTC and other cryptos are currently hot topic of discussion on the news and in the media, we still have some time to go before it is common talk in conversations.

[webdevmastery]

Hi, I would love to hear your input on this.

As I see it, we need crypto wallets installed on every phone possible to ensure the readiness of everyday payment with crypto assets. Once customers are ready to pay, the stores will follow.

At least three things needs to happen:

1) Adoption of crypto wallets needs to increase (preferable with pre-funded assets)
2) Each wallet provider needs to agree on a standard protocol for payment (Maybe Payment Request API (W3))?
3) Store owners need a merchant app to receive payment with further integration into multiple accounting systems.

Have you seen anyone doing this?
Do we need a wallet alliance that can stipulate a standard?
What else needs to happen besides regulation?

Best crypto greetings,
Vindberg
https://validators.com

Cryptocurrency will only succeed all over the world if most of the government will legalize cryptocurrency in their own country for everyone to invest and the demand in the market will keep on increasing.

[Nick Abimanyu]

Hi, I would love to hear your input on this. 

As I see it, we need crypto wallets installed on every phone possible to ensure the readiness of everyday payment with crypto assets. Once customers are ready to pay, the stores will follow.

At least three things needs to happen:

1) Adoption of crypto wallets needs to increase (preferable with pre-funded assets)
2) Each wallet provider needs to agree on a standard protocol for payment (Maybe Payment Request API (W3))?
3) Store owners need a merchant app to receive payment with further integration into multiple accounting systems.

Have you seen anyone doing this?
Do we need a wallet alliance that can stipulate a standard?
What else needs to happen besides regulation?

Best crypto greetings,
Vindberg
https://validators.com

Cryptocurrency will only succeed all over the world if most of the government will legalize cryptocurrency in their own country for everyone to invest and the demand in the market will keep on increasing.

What you say is a fact that happens in the field, the same thing with the country I live in, but at least what it says Vindberg as OP is one of the best ways to grow the use of crypto currencies across the country. If only this can be done simultaneously I want to see what action the government will take at that time.