hengha
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September 03, 2018, 06:11:24 AM |
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I think the main reason is because the price of cryptocurrency is unstable, and now the cryptocurrency promotion is limited!
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reynand
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September 03, 2018, 06:26:47 AM |
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I don't think that cryptocurrency will be a payment medium. we know that not everyone knows crypto well. if they use it badly it will make them lose. besides, the people should be able to accept the unstable crypto prices on the market. if they are not ready to accept it, the price of crypto will getting down in the future.
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darmin
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September 03, 2018, 06:31:09 AM |
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There are still many facilities that support crypto as a medium of payment. This can only be applied in some areas or places only and have not been able thoroughly to various places in the world. even the still large number of restrictions for the crypto space also make the movements are still limited and cannot yet be free.
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Snake9999
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September 03, 2018, 06:33:43 AM |
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crypto is still in its infancy, and the most payment method is not perfect. This is not a problem that can be solved in a short time. We still need to wait for instructions from governments.
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ennave123
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September 03, 2018, 06:36:31 AM |
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There are many factors why it is not yet accepted to everyone as medium of payment, one of it is the trust as it is a digital money and can be breach or hack unlike fiat which has already the foundation for security and it's physical. One also is the lack of understanding on the complex world of crypto currency and of course how unsteady the market is.
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3x1t
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September 03, 2018, 06:39:15 AM |
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I suppose that crypto has not been reached world's recognition to be the way of payment but it goes to this fact that will be used later when all people will be interested in crypto and in its development in common, so crypto will get more investments and it could help.
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danwanyd
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September 03, 2018, 06:41:50 AM |
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One of the major issues facing the crypto ecosystem is stability, and the stability of crypto is something we can't control.
So that's the main reason why cryptocurrencies can't be used as payment methods.
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jemura
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September 05, 2018, 06:42:27 PM |
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New technologies require time and adaptation. It is necessary to gain the trust of the government
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alister.kain
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September 07, 2018, 01:20:40 PM |
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Crypto is not ready now to become the way of payment. People are not ready for such great changing but it will be in the future at once. I like this idea because it is more suitable for using and there will be less problems and disagreements. I believe in crypto so much.
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patrickj
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September 07, 2018, 01:23:24 PM |
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With a specific end goal to utilize the digital money more as a methods for installment, no less than two conditions are important: legitimization in many nations and the formation of a fitting framework for its genuine application. For the present, the framework for applying digital currency is as yet not adequately created and there are huge issues with its authorization.
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ooxtcoo
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September 08, 2018, 06:24:15 AM |
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Because this sphere is very poorly developed and no one wants to develop this area first. This can be done by a large campaign, but small business is unlikely. I hope that with the development of the technology of blockchain and introducing into our life everything will become much better!
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micle222
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October 31, 2018, 03:10:05 AM
Last edit: November 01, 2018, 07:47:21 AM by micle222 |
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Cryptocurrency:
- Only appeared around 2009
- Prices that cannot be stable
- Need deep understanding of sending tokens
- Need internet to send tokens
- Need Smartphone, debit card, or Ring payment.
Everything is clearly different from FIAT.
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castiloros
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October 31, 2018, 03:44:26 AM |
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Crypto was unknown to many parts of the world. This makes sure crypto does not yet have an optimal function. of course new stuff like crypto takes time and the stages which will be used as a medium of payment which is quite successful. time long and still now crypto has already started to spread at least is already a good step.
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cewekimut
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October 31, 2018, 03:53:22 AM |
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Crypto has difficulty making it a payment medium. And this also happened in my country which until now the government still has not given permission to use Crypto as a payment medium. Some things that concern the government. And the government is afraid that this Crypto will have a negative impact.
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cryptoblazter
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October 31, 2018, 04:04:46 AM |
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Cryptocurrency has a problem with transaction verification time. Every transaction took so long that is why is hasn't been gone mainstrea. This is one problem. Another is the recognition of some governments. Some countries are still banning cryptocurrency that is upgrades and improvements are somehow being halt.
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airdropcoin
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Activity: 442
Merit: 10
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October 31, 2018, 06:39:55 AM |
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The cryptocurrency can be used as a payment medium. What is the meaning of the coin? This requires a process. Now that the cryptocurrency is burning, many people don't know about this product. You don't have to worry about the future of cryptocurrencies. You know that the supporters of cryptocurrencies are mostly young people.
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Veter2000
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October 31, 2018, 08:13:48 AM |
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While cryptocurrencies do not have official status and are not recognized by the state about any mass acceptance by merchants as a means of payment, we cannot speak in principle.
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Kaller
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October 31, 2018, 03:27:25 PM |
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it is not that they are not successful it is just that people have discovered that they have a lot of money that they can make from the coins when they are investing for the long term and holding the coins have made them more money. They are using the coins as more of investments right now instead of as a currency and that is why they are not using it
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Nivelir
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October 31, 2018, 03:43:58 PM |
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The main problem that needs to be solved today is the problem of BTC speed as well as commission costs, because earlier in the period when there were a lot of payments, there were very high costs for the commission, if my memory serves me.
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darkangel
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October 31, 2018, 04:01:48 PM |
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If crypto is to become a global payment medium, it must be stable in price, secure in terms of security, and as fast as the processing speed of each transaction. In addition it must be popular, Crypto has appeared for about 10 years and it is so new to everyone, We need to give it more time to cryptocurrency can become a means of payment
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