If the society rejected to use crypto currencies?

[kakade]

People who reject Crypto because they don't know about digital currencies. They don't want to accept digital currency for payment media because it will affect the local currency. In addition, the government does not give permission about the distribution of the use of digital currencies. So the community also doesn't accept crypto.

[Cryppy_guyL]

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?

And what the consequences are, there will be no investors. No projects, no new coins, no development of old ones. In general, freeze until someone decides to revive it all over again, with new ideas.

[shooleh]

Crypto coins are very accepted by the public, but people who already know about Blockchain technology. Like many major countries in China, many people have used cryptocurrencies for payment media. And this will have a positive impact on the growth of crypto coins.

[great.crypto.finansist]

Let friends first wait for the moment when humanity will use cryptography as often and with pleasure to brush your teeth in the morning and wash yourself. I think this moment will not come tomorrow, you need to patiently wait for the development of a crypto for 2-3 years. Then we will talk on the topic of rejection of cryptography.

[mizamuneerashine]

Crypto is now a bilion dollar business and and a lot of people are adopting it, instead of rejecting. But in the event if people will reject crypto, certainly ICO will fall, the good thing is crypto is always improving and they are correcting their flaws.

[Jaggi90]

Society will follow what it is trend. When the crypto currency will be in trend and when others will make some profit , society will automatically start using crypto currency.

[losiva]

It think it’s not possible why because people that are into cryptocurrency now are many not as it is last year which means it’s growing rapidly so don’t think about society rejecting it.

[adamreb]

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?

For the time being, I absolutely do not see any serious reasons why the society should abandon cryptocurrency. After all, this is really the cheapest, most convenient and fast transaction method in modern practice. Therefore, I am confident in the growth of investments in this area.

[senin]

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?

Cryptocurrency can successfully exist only when there will be many people who will use it. Therefore, if the whole society refuses to use cryptocurrency, it will simply die. However, at this time it is no longer possible, since many have appreciated the advantages of cryptocurrency and even if it is banned by many states, the cryptocurrency will be in demand all the same, and therefore it’s not worth worrying about its continued existence.

[Jpt]

If you do not recognize gold and shun using it as a precious and beautiful metal, then what would happen? Nothing would happen and people would turn their back on it and its value would decrease. What matter the most is how much you give value to something is the most important thing. If people start giving value to silver than gold, silver will come into use widely than gold. And obviously its prices would go up.

[niublity]

This usually doesn't happen, and if the society rejects cryptocurrencies it will only kill a lot of altcoins, but it won't affect the price of bitcoin. Bitcoin can't be affected, and the future must be very expensive.

[Goldleader]

As long there's is demand , cryptocurrency would be here

[djuragan]

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?

Perhaps everyone will know the answer already, and also yourself.
There will be no point in creating a cryptocurrency if everyone refuse in using them, so the crypto will never able to live and has a value.

[Snake9999]

If most people refuse to use cryptocurrencies, the cryptocurrency will gradually die out, but this is almost impossible. I don't think this will happen in two years.

[fortelen]

Crypto rejection will certainly exert influence on the price of crypto as well. the fall in price because of the rejection is obviously just happening the same as before while many countries that refuse so as to make many cryptos crashed even far enough on the achievement of the previous value. so the obvious denial will be large enough to have influence in the price of crypto.

[rosmerius]

Crypto will have a higher benefit value if used as a cryptocurrency. Not for use in daily life transactions, that's my perception. The majority of people reject the use of crypto because of their lack of knowledge of crypto and their ignorance of the benefits generated from crypto. The absence of official institutions involved in crypto handling is also one of the important factors of community rejection.

[erickbarkley29]

people love great changes.  it may not be fully understood now but millenilas surely welcome crypto.

[Bitknick]

I think this can not happen all that suddenly will take and will refuse to cryptocurrencies. but even if it happens then the crypto will come to an end!

[cctv0]

The probability of this happening is almost zero, you don't have to worry. Governments cannot refuse cryptocurrencies. The cryptocurrency is a revolution in human currency. No government will stop it. Governments will choose cryptocurrencies in the future.

[dentolas]

well, first of all, there is no majority choosing, people are told what to use and they use it... so the acceptance of crypto is only a matter of being interesting to the right people.
At this point, with everything else becoming digital and with some clues of institucional control over the crypto currencies I don't think there is much doubt that crypto currencies will be the future of money... how, which and when will be the questions