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Author Topic: IS ADOPTION WHAT WE REALLY WANT?  (Read 274 times)
Jaydis
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May 21, 2018, 05:51:14 PM
 #21

too many cryptocurrency and people seek adoption and get excited when big service start using it (amazon,..) but do you really think that the gouverment and banks would stands by and loose its control ,of course no they will find a way to centralize it
in that case how would the world economic lool like ?
isnt in the very notion of adoption that we loose Satochi vision the very notion that crypto is built on? 

Im not sure how they can manage that. For what I know cryptocurrencies Bitcoin are formulated intentionally to get rid of the middle handler of our money. It'll be hard for the banks or even goverment to have control over it.
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May 21, 2018, 06:02:29 PM
 #22

too many cryptocurrency and people seek adoption and get excited when big service start using it (amazon,..) but do you really think that the gouverment and banks would stands by and loose its control ,of course no they will find a way to centralize it
in that case how would the world economic lool like ?
isnt in the very notion of adoption that we loose Satochi vision the very notion that crypto is built on? 

I don't think that this idea would be a great one since all people will all rely on this. Who would work for us if all people are rich?

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May 21, 2018, 06:05:23 PM
 #23

Many companies have already recognised the advantages of using decentralized process which is cost efficient as compared to the centralized process.
Adoption is important to build up a platform for the investors where they are free and have trust in investing and using Bitcoins. Usage of Bitcoins would only make things smoother for the users.
Developed nations government have already recognised the importance of the need of introducing new technology and means to the system and have been working on it. Few have legalised the Bitcoins as a means of payment.
Slowly and steadily many other countries would accept it and make it legal. Adoption is the first step to the acceptance of a new revolution that Bitcoin has brought to the market and society. Smiley
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May 21, 2018, 10:33:04 PM
 #24

Mass adoption into crypto may a good way to make its growth faster and to have a stabilize market price, definitely it's price fluctuations may lessen once it happens.   It's a huge consideration to think that people will look for a good market exchange. High volatility will makes investors to feel worries cause it somewhat to near from losing especially if you are new in this field.

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May 21, 2018, 11:20:28 PM
 #25

Adoption is keeping on the game in times of change. In time that huge corporation goes into using blockchain technology, bitcoin or cryptocurrency in general, then companies and other sector who's dealing with them should adopt with the change. Change it good if it is for the better.

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May 22, 2018, 12:28:58 AM
 #26

Time is changing and days are passing by so quick, technology is the fastest innovation that's happening to this world. So what if the government would stand against to crypto or they will find a way to centralize it? Before it was a very notable thing that we shouldn't let them play along with the market but things are changing today. I do really think that we need adoption and regulation nowadays to make the market bigger. There will be no future if no big company or government recognize it.

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May 22, 2018, 12:46:43 AM
 #27

I don't follow your logic, but if you think adoption is a bad idea, then your best plan of action is to create your own coin and don't tell  anyone else. That way, while everyone else suffers from the curse of adoption, you will still enjoy the benefits of a coin that can be used only by you.

 Cheesy


To the OP. More adoption, more demand. You do the math.
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May 22, 2018, 03:14:37 AM
 #28

may be the polemics of every country's economy, but the most basic thing is crypto is able to build an individual economy, for those who try in the crypto.

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May 22, 2018, 03:42:56 AM
 #29

We need the adoption we need more people to used crypto so it can become bigger and more people enthusiastic about crypto and can used this blockchain technology for the future, and of course the government and banker can find ways to centralised it, but we also got way to used it like the way we want

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May 22, 2018, 07:46:07 PM
 #30

too many cryptocurrency and people seek adoption and get excited when big service start using it (amazon,..) but do you really think that the gouverment and banks would stands by and loose its control ,of course no they will find a way to centralize it
in that case how would the world economic lool like ?
isnt in the very notion of adoption that we loose Satochi vision the very notion that crypto is built on? 
Yes we want massive adoption because we all wanted that bitcoin would grow and develop,its price as well but it doesn't mean that other currencies would lose its value that could make governments to get panic from it and make bitcoins and other currencies on their control.Digital currency was just another option to make our work easier  and fast.Theres a choice of its user where to prefer to use fiat or digital currency.
Mass adoption is even a good thing based on real value as a currency and even if there will be any form of regulation, that is going to be restricted to exchanges and not P2P transaction like the OP made it sound.

If bitcoin ends up not being used like what the dude (OP) is saying, then what should be driving demand and what is the point at the end of the day. If he is not confused, then I would rather say he has not been able to understand the satoshi vision just yet and he will need to go back to understand it better.

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May 22, 2018, 08:24:47 PM
 #31

too many cryptocurrency and people seek adoption and get excited when big service start using it (amazon,..) but do you really think that the gouverment and banks would stands by and loose its control ,of course no they will find a way to centralize it
in that case how would the world economic lool like ?
isnt in the very notion of adoption that we loose Satochi vision the very notion that crypto is built on? 

There is really a thin line between what is being wanted and what Satoshi dream is all about. Although, Satoshi is the only who can say what the vision really meant as several parties that have keyed into the vision at one point or the other are only interpreting it based on what appeals to them and nothing else. The reason why people are happy and rejoice when there is a big service comes in is that most people are concerned about the price of bitcoin, when the big service comes in, it then interprets that demand would increase which would push price further up without considering the implication of such effect and that is why others group who are mostly refereed to dragging bitcoin backwards are not only concerned about mass adoption, but also the outcome of such.
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May 22, 2018, 09:31:08 PM
 #32

I've seen so many positives of adoption given by people in this thread. Can anyone give a single negative aspect? OP hasn't been able to provide one, because Satoshi's vision doesn't collide with adoption.
The positive aspects are:
-increased value
-higher number of stores and places to spend your money
-greater technological development and more money flowing into the system to make it better, faster, more secure

Isn't that what we all want?

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May 22, 2018, 09:41:05 PM
 #33

too many cryptocurrency and people seek adoption and get excited when big service start using it (amazon,..) but do you really think that the gouverment and banks would stands by and loose its control ,of course no they will find a way to centralize it
in that case how would the world economic lool like ?
isnt in the very notion of adoption that we loose Satochi vision the very notion that crypto is built on? 
If you do like for your coin to be recognized and adopted then you dont have any choice but to accept on what government would able to impose.If they would tax it out then its just fine and i do see its much better to have regulation and asked out for some things rather than on a total ban. It might really remove on satoshis vision but we are really heading on that way. If not then we are still staying on the ground on where are standing as of now.


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May 22, 2018, 09:50:46 PM
 #34

too many cryptocurrency and people seek adoption and get excited when big service start using it (amazon,..) but do you really think that the gouverment and banks would stands by and loose its control ,of course no they will find a way to centralize it
in that case how would the world economic lool like ?
isnt in the very notion of adoption that we loose Satochi vision the very notion that crypto is built on? 
If adoption is not what really want than what is the point of having to work and get all of these cryptocurrencies, what is the point of having 1000 btc if you are not able to use them, the reason why people get hyped about big services adopting any new currency is because it leads to more people knowing about it , and more people means high price and leads to governments accepting it.


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May 22, 2018, 10:14:55 PM
 #35

damn it, i think that we all are looking for that in here, adoption is a must in here to make the price skyrocket in a few years from now, but it is something difficult to achieve, because nowadays, not even the 3% owns bitcoin.

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May 23, 2018, 12:35:47 AM
 #36

Adoption is essential in my opinion, at the very least within the sphere that it operates, otherwise how can it be used as a viable currency? I get the point you're making, but surely the vision was about decentralization and not exclusivity. The risk will always be there that the big institutions (or even big individuals) come in and end up controlling a majority share, basically defeating the objective, but without adoption currency is basically useless. I'm looking forward to more decentralized exchanges taking a bigger share of the market, the current system is too heavily biased towards the main exchanges, but that's another conversation altogether.

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May 23, 2018, 01:06:42 AM
 #37

damn it, i think that we all are looking for that in here, adoption is a must in here to make the price skyrocket in a few years from now, but it is something difficult to achieve, because nowadays, not even the 3% owns bitcoin.


It is very difficult since there are medias that are making information that may make the people turn against Bitcoin. We can't stop these people hating Bitcoin if we just continue on using, trading and investing on Bitcoin the price will be having a pump in the future. We don't need to wait we just need to be patient and just focus on our other investments.

KorakPawon
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May 23, 2018, 02:38:27 AM
 #38

too many cryptocurrency and people seek adoption and get excited when big service start using it (amazon,..) but do you really think that the gouverment and banks would stands by and loose its control ,of course no they will find a way to centralize it
in that case how would the world economic lool like ?
isnt in the very notion of adoption that we loose Satochi vision the very notion that crypto is built on? 
it is in fact like that when the number of citizens of a megara using a crypto so the government there plans to adopt to arrange everything for the benefit of government is only what I want when the government will actually adopt a crypto do not equate with the conventional currency of taxation how to regulate the composition the use of digital money with conventional money I think it will be more understanding between citizens and government.

Moiyah
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May 23, 2018, 03:12:15 AM
 #39

Adoption in such a new technology like cryptocurrency has a great impact in our economy. And amazon is one of those to atleast start to touch the interests of an individual about cryptocurrency. The governments you are pertaining to, still on undergoing feasible studies about bitcoin as cryptocurrency so I guess it will take  yime before the adoptation in each country. Though banks and governments think that bitcoin is a threat, I still believe time will come that they will allow btc to use to atleast change the way our economy runs.

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kalawang
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May 23, 2018, 04:15:36 AM
 #40

too many cryptocurrency and people seek adoption and get excited when big service start using it (amazon,..) but do you really think that the gouverment and banks would stands by and loose its control ,of course no they will find a way to centralize it
in that case how would the world economic lool like ?
isnt in the very notion of adoption that we loose Satochi vision the very notion that crypto is built on? 
Its not what we want. Its what we need. Adoption.through this generation is very important. We must learn to adopt every situation in.cryptocurrencies even on our lives we should know that this what life is. It is very important to us  we should adopt it whether its good or not
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