If the society rejected to use crypto currencies?

[Fedots83]

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 do not think that in the near future the society will completely abandon the use of cryptocurrency. The market today continues to live and develop, despite the periodic fluctuations in prices. Now is the perfect time to buy good cryptocurrencies - and smart investors understand this.

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[1714898038]

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[Adriano2010]

Maybe is hard for people who live on countries where can't afford to pay internet is hard to use crypto, but this can change only with help from other people and other countries to make all people from world at a level where they can afford something, at least to can access internet.

[giletto]

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?

Cryptocurency is rejected in many parts of the world but here it is doing just fine along side forex. Adoption is a gradual process that will occur with time. Sooner or later, crypto will be massively accepted because it is the future and everyone will always embrace it

[laskybok]

I do not expect everyone to accept cryptocurrency as a medium of payment that fast.
I believe it will pass through a process and one of it is the test of time.
Before it can be accepted, it must have had some encounters, which would either accept or reject it.
I am still optimistic about the future of cryptocurrency, most especially its mass adoption.

[hahahafr]

Well you are right the acceptance of a currency depends on the society and i think crypto enthusiasts already have a society which accepts bitcoin but the point is we would like to extend the use of bitcoin to the outside world and that is why it is incumbent upon us to advocate the use of bitcoin as a mode of making payments to the outside world so that they see its usefulness as a currency and accept it.

[karanggatak]

we better think positively because we live in the digital age. and now more  emerging technologies are supporting cryptocurrency. and our society is also getting used to using payments without paper money such as using electronic money cards or making payments online. so I think in the future there will be more people who support cryptocurrency. cryptocurrency makes it easy for us to transact between countries and continents.

[mersal]

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?

no one think about the society everyone needs the money only to live the better life so if you think about the society you will not been survey your life for long time so using the cryptocurrency chances are always been important to take the next step to be richer person easily

[Janna_MaMa]

Now the government and the state have not yet accepted electronic money. If society does not accept it, it will not affect much. People will spend money electronically and many people will empty their hands

[reality18]

Most of the societies have not accepted crypto because their governments are not giving them the go ahead to use it freely. Even among these societies, some members who understand the importance and future of crypto have started patronizing its services. Society will never reject such innovative and important technology as cryptocurrency which provides financial freedom and satisfaction to the people through its well decentralized nature.

[Ailmand]

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 doubt if this will occur, but just to answer, if ever this occurs this will affect the whole market. Less demand, less market activity m, the market will fall.

The society see cryptocurrency as a new trend to bring services and product, so why would they omignire sonething that is convenient and profitable.

[Bonsaiav]

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?

Previously this thing had happened, precisely when Bitcoin was first introduced, by Satoshi Nakamoto in 2019. At that time most of the people were making fun of, ridiculing and insulting the existence of Bitcoin. But over time, some people began to realize and gradually accept bitcoin as technology and innovation, especially in terms of transactions and adoption.

Previously we have all been introduced to several ICO projects in November 2017 and began to be talked about intensively in January 2018, and market analysts considered the existence of ICO is claimed to be able to build market value quite dramatically. As a result of this statement, this thing certainly made investors suddenly compete to invest their money in the sector. But it's unfortunate, the greatness of this project they apparently did not use in the right way, but they instead polluted it with behavior that wasn't commendable to the developers. No doubt, if finally the project's abandoned by its investors, it means that the word 'apocalypse' might be more appropriate for the project called ICO.

[motienvolam]

You made a serious typo here, mate.

Previously this thing had happened, precisely when Bitcoin was first introduced, by Satoshi Nakamoto in 2019.

Before discussing about the potential the society reject to use crypto, we should spend a few minutes to look at history of human civilization. For a long time ago, gold was used as one of means to trades before the born of paper cash, and it has still been widely used as main storage mean in our society. However, there are so many people who don't have interest to store their assets in gold, especially crypto enthusiasts. So, the same story will wait for crypto currencies. In our human society, there are people who accept crypto, whilst there are others who don't accept crypto. All of them feel happy with their choices, so I don't think we should worry about that because there are always two opposite sides in any aspect of our lives.

[LUCKMCFLY]

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 think the only consequence is the time, yes, the time it takes to start learning to use the benefits of cryptocurrencies, because it is obvious that the economic trend is going there, and those who do not fit quickly will simply enter the train late. of progress.

Today we are in a society where information is everywhere you go, on the Internet, on TV, on the radio, I believe that the Crypto world will not suffer if people do not adopt it quickly, only people who do not adopt quickly, many believe that the same transactions will always be executed through banks, through third parties, but when we begin to know that their money can only be handled without intervention, people will join quickly, I think that's where There is the nucleus of understanding to make it happen.

[efxtrader]

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?

This question should not asked right now because market cap value already above $170billions. Crypto already become new investment and always attracting new investor. If people reject crypto, i think the price will not have a value anymore but i think its almost impossible

[valek.bruno]

If we talk directly about humanity as a whole, but it seems to me that people in general do not care what to use. Be it ordinary fiat money or cryptocurrency. This is not so important for many people. Therefore, I think that this will be important only for a small circle of people.

[Cult]

yes cryptocurrencies I think will not get to already anywhere, I see only the huge potential for development, the fact that many people on the planet have no Internet - it does not say that it crypto can disappear completely if to look in history, the set of new technologies got accustomed hardly, but now we cannot just do without them, I also think that the blockchain technology, and to the cryptoindustry needs more time

[veraro]

I don't think people stop using cryptocurrency. Actually they don't even start. Nowadays people involved in crypto only for speculation and investment hoping in quick profits. When technology let crypto spread in all fields of human life, nobody will refuse it. Because it's easy, fast and cheap.

[zikzag]

Abandon cryptocurrency is how to abandon electricity. It is like taking a step back in the progress of humanity. I personally have become accustomed to cryptocurrents that for me it will be difficult to abandon cryptocurrency.

[BeGoods]

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 do not think that in the near future the society will completely abandon the use of cryptocurrency. The market today continues to live and develop, despite the periodic fluctuations in prices. Now is the perfect time to buy good cryptocurrencies - and smart investors understand this.

for the lower class people will certainly reject changes and technological developments, because they are not ready for that, but for the upper class people who have been technologically literate they certainly will not reject it, instead they are very open to technological developments

[campusnet]

Abandon cryptocurrency is how to abandon electricity. It is like taking a step back in the progress of humanity. I personally have become accustomed to cryptocurrents that for me it will be difficult to abandon cryptocurrency.

What do you use cryptocurrency every day until you can't leave it? Is it only for trading? because until now there is not much cryptography that we can use as a means of payment.