How to take crypto mainstream?

[adekogbe]

Crypto payments still has a very long way to go before attaining mass adoption. Why? Because unlike fiat, there are thousands of cryptocurrencies out there and increasing daily.
While a lot are ethereum based tokens, some have their designated blockchain and cannot be used for crosschained transactions.

This means, people will need to have multiple wallets, private keys to be fully decentralized and this still means they are subject to different form of threats in the form of hacks, DDOS attacks and more. Unlike the traditional banking systems which has a lot of safety nets against malicious attacks and the currencies are less volatile.

What is really the solution for taking Cryptocurrencies Mainstream.
How can we bridge the huge gap between where we are and where  we are going?

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[kulsuma]

Crypto payment is a very unique concept and its getting popular day by day. I don't find anything mainstream about it.

[earnetheasy]

A huge amount of time will be required for that to happen. We need to solve many issues on the cryptocurrency platform for that to happen. Moreover, all classes of people needs to come in contact with technology for adoption of cryptocurrency.

[ballerin and giroud]

I just say the cryptocurrency function is different from the fiat, and both have their advantages and disadvantages. The shortcomings of cryptocurrency can be that there is a saying is true, too much wallet should be made but have you ever thought cryptocurrency can be used as an international payment system, for instance you buy goods abroad and the company allows you to pay with cryptocurrency. In addition you can make cryptocurrency as a system to send money quickly to various countries. I am sure both functions are not owned by money fiat. So, what that's mean? cryptocurrency can be the second alternative after fiat. Money fiat is too strong to be overcome by cryptocurrency.

[batang_bitcoin]

Crypto payments still has a very long way to go before attaining mass adoption. Why? Because unlike fiat, there are thousands of cryptocurrencies out there and increasing daily.
While a lot are ethereum based tokens, some have their designated blockchain and cannot be used for crosschained transactions.

This is a matter of choice and most of the merchants, companies and businesses have to choose the coins that are reliable and strong in the market.  Just don't put any interest of accepting a coin that's only created to run an ICO. Main coins like bitcoin, eth, ltc and other reliable coins.

This means, people will need to have multiple wallets, private keys to be fully decentralized and this still means they are subject to different form of threats in the form of hacks, DDOS attacks and more.

They have different wallets and networks but if you have a wallet that can hold most of the accepted coins that's better like Nano Ledger S or Trezor.

Unlike the traditional banking systems which has a lot of safety nets against malicious attacks and the currencies are less volatile.

Are you sure? have you seen news that there are banks that has been hacked with millions of dollars?

What is really the solution for taking Cryptocurrencies Mainstream.

It's heading there so don't think about it anymore.

How can we bridge the huge gap between where we are and where  we are going?

Support the tech and crypto itself.

[mariomerula]

There will be lot of time before crypto payments will become mainstream and many problems have to be solved because actually there is any blockchain that can support massive transfers like credit cards for numbers of transactions x second

[Temmy007]

One thing about crypto is evolving technology; we are have new projects with higher transactions speed time;  soon we would have our wallets has wrist watch that can be use to make payment in seconds anywhere in the world; this how crypto would go mainstream

[Red-Apple]

stop creating cryptocurrencies that are focusing on pump and dump instead of focusing on development and creating an actual currency and the adoption will follow on its own.

the things you explained such as being a lot of altcoins out there and having private keys/wallet,... are just excuses that you are coming up with to explain why the situation is so terrible right now with the altcoins.

take a look at bitcoin for instance. last year it was under a lot of attacks (spam attacks and media attacks) and fees went ridiculously high but people were still using bitcoin as payment! in fact Bitpay even reported a record breaking year for the number of payments they processed for bitcoin to merchants.
this is simply because bitcoin is designed to be a currency not a pump and dump like altcoins.

[Bttzed03]

For cryptocurrencies to be adopted by the masses, wallets and exchanges has to be made simple and easy to use. Most of the time, the "masses" find it difficult and complicated.

[berrygood]

It will eventually happen naturally, actually all the things happening out there such regulations, new concepts make the mass adoption easier.

[GaryGadoot]

We all know crypto transaction and payment system are not satisfying the customers. For this reason i think they need more technological development if they want to connect new peoples in this market.

[cryptowolfsu]

For mass adaption of cryptocurrency  we need some big players to enter the market but there is long way to go as many
obstacles are on the way. We need regulations for the market to be more  attractive for investors.

[taylorsara]

Crypto currency market is not a very old concept. It is relatively a new concept in comparison to traditional market but it has gone a long way within a short period of time. It is getting popularity from all walks of life. Though there are some security issues but these will be solved soon. Moreover the existing security system is very high; we just need to have knowledge on this.

[Dr.2x]

From the birth of bitcoin, crypto currency has come a long way. A lot has changed, new currency has entered the maker and more people knows about crypto currency. in order for the crypto currency to go mainstream and directly compete with fiat currency, government needs to accept it as an official method of payment. This process will take time but it is good to be hopeful

[harrypot]

cryptocurrency is a place where knowing the place is main formula to earn profit , and you also have to find the right coin for investing market value are increasing on daily base so for taking the crypto mainstream you must have to know how to find the solutions for market ups and downs

[DwaneJacky]

Actually its up to you based on this some are like fiat money also some are crypto based on this time changing so we are getting modernize based on this yes, I take this as a mainstream so I am moving with digital tech which have good future value and I also benefited.

[novy]

I am waiting for it. Wish to come one day when I can pay with my mobile wallet in the supermarket. I would think that the X day came. I hope to have enough amount to spend a good amount for some valuable things. For now I just discovered one online service - purse.io.

[singlecrytpo]

I truly beieve that the way to mass adoption would be stablecoins and scalability.

Personally been a huge fan of Havven and what they're doing to get people to use stablecoins. In terms of scalability, I think that's pretty obvious

[Fitrilalala]

Crypto payments still has a very long way to go before attaining mass adoption. Why? Because unlike fiat, there are thousands of cryptocurrencies out there and increasing daily.
While a lot are ethereum based tokens, some have their designated blockchain and cannot be used for crosschained transactions.

This means, people will need to have multiple wallets, private keys to be fully decentralized and this still means they are subject to different form of threats in the form of hacks, DDOS attacks and more. Unlike the traditional banking systems which has a lot of safety nets against malicious attacks and the currencies are less volatile.

What is really the solution for taking Cryptocurrencies Mainstream.
How can we bridge the huge gap between where we are and where  we are going?

I think what we can do now is to spread the word. You should tell your friend, family or brother and sister about it and join a group of cryptocurrency in your town or via telegram and keep active to discuss the cryptocurrency. I believe that the only thing we can do to support crypto to become mainstream

[jaythelingly]

To take crypto mainstream what we need to do is increasinh the adaption of it among mass. For this we need to clear out the misconceptions they have about crypto and make them understand about the bright side of it. Hope this will help.