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Author Topic: BITCOIN MASS ADOPTION?  (Read 553 times)
3kpk3
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August 28, 2018, 07:12:00 AM
 #61

Bitcoin is recognized by a small percentage of the world as a valid payment method which is why it still has a long way to go before being adopted on a massive scale across the globe. The cryptocurrency market needs to reduce the volatility of crypto coins and tokens in some way or another to make it more feasible and attractive in order to attract more investors over time. Bitcoin would surely attract more investors as its price continues to rise over time.

Phlaser
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August 28, 2018, 07:15:03 AM
 #62

We are used to using fiat for all our purchases from time immemoral, which is the major issue we have now cause people find it difficult to accept or understand the Satoshi vaue of Bitcoin. If a cup of coffee is $5 fixed, and maybe B0.00067 fixed, does it really make a difference with respect to it's fixed rate?

The only aspect I feel people are worried about it is on the fact that B0.00067 could worth more or less in days/months to come. Thus a solution is needed.
Nnedaddy1
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August 28, 2018, 07:28:23 AM
 #63

First, there are some underlying factors to be straightened up before talking about the mass adoption of bitcoin.

The interoperability, scalability , security issues begluding the blockchain technology needs to be fixed .
Ava Duvall
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August 28, 2018, 07:57:51 AM
 #64

Yes I agree with your statement but you must think that we are having different personalities and having different perspective that is why some are prefered to use bitcoin while others are not.
It's not only different personalities, it more of understanding the investments and the market differences and seeing what suits you best.
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