If the society rejected to use crypto currencies?

[udana123]

This thing came up to my mind suddenly. As I know a currency is a transaction medium that majority of the people agree to use to exchange their items with them. If it is the case, if majority refused to use crypto currencies, what will be the consequences may occur ? And how it will affect to the ICOs ? Any Ideas?

[Valay9836]

I think that particular influence will not . and I doubt that all will give up cryptocurrency

[ethalliance]

I think the fans of the crypto currency were like they would be. And nothing will get them out of the way. Because crypto-controllers have their own plans and their vision for the crypt. And so it will always be.

[Gaaara]

If that happens ICOs will suddenly collapse as the majority of users will reject, there will be no upcoming ICO and cryptocurrencies will be nothing but a history, anyways I doubt that such thing is possible as cryptocurrencies is being treasured as it is a new generation of currency that is not fully processed or completed once it reaches its full potential it will be the end of fiat generation and a new currency that can be used online will emerge.

[bttmember]

I think we should not think negatively like that, i know a lot of work is being done for mass adoption of cryptocurrencies and also many platforms are coming up that will seamlessly integrate crypto payment services, so we just need to support the whole crypto ecosystem as a community and we will win.

[Thyaga]

if majority refused to use crypto currencies, what will be the consequences may occur ?

Crypto currency demand will decrease until it has no value.

if majority refused to use crypto currencies, how it will affect to the ICOs ?

Initial coin offerings became unpopular.

if majority refused to use crypto currencies, Any Ideas?

I have no idea.

[cxmyifan16]

I think this won't happen! I m not expert but according to the materials I have read this will  not be like this in the future as well. I think that crypto currency will not be rejected by our society

[13ex07]

Progress creates new things. New things have value. Crypto is a way to measure the value of new things. People will give up crypto if they give up new things and progress.

[Xeon]

In my opinion, the situation you have described is unlikely to happen, at least not now as the society is interested in  a new digital currency and all benefits it can provide businesses with

[JunMel]

I think that particular influence will not . and I doubt that all will give up cryptocurrency

For now its hard to say, but as long as investors will not give up crypto will still alive. Society I think its not the problem because people always look for new ideas and new technology that makes life much more easier to live. The problem is if government will always deny crypto, if that happens hope investor will not give up too.

[efey39]

For the moment, this is not the case, but rather the number of users is rapidly increasing day by day. crypto currencies are moving towards becoming universal.

[melamiras]

This thing came up to my mind suddenly. As I know a currency is a transaction medium that majority of the people agree to use to exchange their items with them. If it is the case, if majority refused to use crypto currencies, what will be the consequences may occur ? And how it will affect to the ICOs ? Any Ideas?

If nobody wants to use cryptos then they would dissapear. But I think that we are experiencing exactly the opposite, a major trend towards using them preferentially.

[dukemc]

I dont think that the society rejecet to use crypto - there are so many ppl that do not know about and we are only at the beginning of a bright future

[Dimon888]

I think that this will not happen in the near future. Crypto is only at the beginning of the development path. Many people still do not even know about its existence. Those who learned about its existence are of interest. So I think that he is waiting for development, not oblivion.

[charlzyeby]

Greater part of the total populace are not utilizing digital currencies(crypto) now; it doesn't make those of us included lose our ventures. The entire world won't join crypto yet there will dependably be individuals who will contribute or exchange utilizing digital currencies. The world is ending up more innovatively modern but then it is getting to be less demanding to do numerous things without a lot of pressure.

[Ratash]

If the community reject crypto than people will no longer invest in ico and they will stop buying altcoins .

[South Park]

This thing came up to my mind suddenly. As I know a currency is a transaction medium that majority of the people agree to use to exchange their items with them. If it is the case, if majority refused to use crypto currencies, what will be the consequences may occur ? And how it will affect to the ICOs ? Any Ideas?

I will depend on the size of the minority, bitcoin is still relatively small since it only has a few million people using it and look at its price, obviously if the rest of the world rejected bitcoin its price will go down since the price is partially influenced by its potential to reach a wider adoption, but bitcoin will still have value in the eyes of many people, but about the icos, it is likely that most of them will disappear if that happened.

[passwordnow]

ICOs investing rates will decline.

Assuming that the society rejects cryptocurrencies, ICOs aren't the first to be affected with it but bitcoin and that can lead to dramatic fall for its volume, price and adoption.

[tonyjon]

It's hard to imagine. The rejection of cryptocurrencies is no longer possible there is no way back. Here is an example: let's completely abandon the use of smartphones or cars. You understand that this is impossible now.

[fitraridwan]

actually, cryptocurrency was not really accepted by some countries in the past. but we can see that the enthusiasm of people towards cryptocurrency is so great. so i never thought that someday the cryptocurrency world would end.