Can we sell cryptocurrencies in the traditional market like any commodity?

[MinerHQ]

If crypto could be introduce in traditional market it will be awesome, unfortunately it's not that simple, the legality of crypto still in big question mark, and then the popularity in crypto is not too good in some countries, so I would say it need more time to introduce crypto to traditional market

Some of the countries (India) still think that crypto investments are like pyramid schemes, many people may lose money and the only handful of people will make money from these investments. The second issue is people can use cryptos for illegal activities and government agencies not able to trace them so legalising or regulating cryptos may take many many years. But whoever early investors may have good chance to make a good profit in the future so I think it is better to invest a small portion of savings in cryptos and wait.

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[maculeth]

the first step is, the legalization of the government. then provide a traditional market specifically for crypto. If there is no government legalization, it is difficult for a company or community to make a traditional crypto market.

[marcbitcoins]

The nature and perceptions about cryptocurrency is that it is for certain group of people .Either for only those who like technology or the rich.But if we can go a step further to introduce cryptocurrency like any other financial method in the traditional market places, people attention will be drawn.

Bitcoin as alternative investment was already introduced to the entire market and to the most people of the world. Its just happen that Bitcoin or the Crypto are not feasible to all in which the need of technology is vital to every people that will join this investment unlike the traditional market in which traditionally the commodities are mostly doable. Therefore Bitcoin as investments will need more development and improvement in order for this investment to become more acceptable in all over the world.

[martinholly167]

The nature and perceptions about cryptocurrency is that it is for certain group of people .Either for only those who like technology or the rich.But if we can go a step further to introduce cryptocurrency like any other financial method in the traditional market places, people attention will be drawn.

Bitcoin as alternative investment was already introduced to the entire market and to the most people of the world. Its just happen that Bitcoin or the Crypto are not feasible to all in which the need of technology is vital to every people that will join this investment unlike the traditional market in which traditionally the commodities are mostly doable. Therefore Bitcoin as investments will need more development and improvement in order for this investment to become more acceptable in all over the world.

Yes, cryptocurrency is still young and people said that it still needs some regulation before government really support it.
But bitcoin market already reaches a few steps to be known in the traditional market, look at this news https://www.ccn.com/breaking-worlds-biggest-stock-exchange-operator-is-launching-a-bitcoin-market/.

[paynercash]

The comparison of electronic money and commodities is also applicable (my point of view). However, the nature of these two types is not the same. Commodities can hardly last long because they will break down over time, or get old and lose value. Electronic money is just numbers and it is not broken, but it will be affected by the general market. Currently not applicable. And in the future, I'm not sure.

[brukva]

If the crypt is to cover the trade sector, then we will quickly come to the fact that the crypt becomes a full currency.