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Author Topic: What problem should a crypto will solve in the future?  (Read 613 times)
Wexnident
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August 05, 2018, 03:31:06 PM
 #41

Can you share a type of problem that a cryptocurrency should solve in the near future?
There are a lot of difficulties that we've been encountered or possibly be encounter or experience in the near future but probably every difficulties or circumstances is definitely has a solutions and all we need to do as a people is always find the way to have any possible solutions therefore we can overcome all of that. However, cryptocurrency may help our economy to become much enhance and develop especially when it comes to financial stability of each countries.

 
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goolesby
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August 05, 2018, 03:39:37 PM
 #42

There are some problems that crypto always face currently. But if we expect about the problem solving, it may be about:
- Fluctuation of the coin rate or price
- ICO projects rule and regulation to avoid more scams
- Market exchange stability and investors

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August 05, 2018, 04:41:59 PM
 #43

I think bitcoin can actually make third world countries a better place to live in. Many of these countries are facing economic disasters, corruption and poverty. Bitcoin has the capability to end these all and come up with new ways to regulate the economy.
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August 05, 2018, 06:02:01 PM
 #44

Crypto can actually solve a lot of problem. Lets talk about dash coin, if digital currency is not user friendly and if there is no integrated process in marketing then this could be a problem that can solved by dash coin.
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August 05, 2018, 06:13:36 PM
 #45

In my opinion, the most important thing is the simplicity and ease of use that are as close as possible to the ideal . Still of course it would be nice transparency
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August 05, 2018, 06:33:06 PM
 #46

The banking system is very much disconnected and it has large numbers of scattered accounting systems which could be better if all are interconnected in a same system and this problem can be sorted out by Ripple crypto.
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August 05, 2018, 06:33:30 PM
 #47

Cryptocurrency is very unique. It will solve the problem of entire monetary system from corruption,Poverty and transparency. I think we are entering the first phase of mass adoption and it's on our way to our cashless society..

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August 05, 2018, 06:57:24 PM
 #48

The banking system is very much disconnected and it has large numbers of scattered accounting systems which could be better if all are interconnected in a same system and this problem can be sorted out by Ripple crypto.


I agree, banks can benefit a lot from crypto. I am strongly of the opinion that crypto and banks can easily co-exist. Let me give another scenario where bitcoin and crypto can be useful in future. In developing countries it can be used for public distribution schemes. Since all payments will be digitally recorded, it will bring more transparency to the process. But the big question is that are the politicians in those countries going to accept it.
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August 05, 2018, 06:59:48 PM
 #49

I too think lack of using crypto currency is the main problem and that have to be overcome by blockchain itself. They need to have more recognition worldwide which will bring them close to people.
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August 05, 2018, 07:08:05 PM
 #50

Can you share a type of problem that a cryptocurrency should solve in the near future?
the thing that crypto might solve in the future is its being decentralized, and it doesnt need any government or commercial bank to store and save your funds. every transactions will be much easier.

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August 05, 2018, 07:34:17 PM
 #51

I think the main problem is the lack of its mass use, application. I want to go to the store to buy bread and pay for the purchase of bitcoin, but I do not have such an opportunity, because the store does not accept bitcoin. Governments should legitimize crypto-currencies as a means of payment, and then good times will begin. And now, I see only a handful of people, with a lot of bitcoins, who manipulate the market!


Yes, lack of legitimate foundation creates high speculations, thus masses are afraid to take part in crypto industry.
If rules are written, there is no place left for fraudelent and speculations.
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August 05, 2018, 07:41:20 PM
 #52

Can you share a type of problem that a cryptocurrency should solve in the near future?

I think Cryptocurrency will solve the problem of being dependent on banks in the future. In fact, what I'm saying is already happening. For example, I have a friend who lives abroad. I am not dependent on the bank when I send money to that friend. I am not exposed to the extremely high and absurd commissions of the banks. I can trade freely and internationally with the person I want, and cryptocurrency gives me that right to do that.



What if you need loan ? What if you want to take your salary which you receive on bank ? Or you would use banks for some things, and crypto for other things like anonymous transactions and fast transactions. For now I don't see how crypto will solve problem of being dependent on banks. But that doesn't mean that crypto is bad thing, or that there is no need for it.

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August 05, 2018, 07:45:09 PM
 #53

crypto is going to solve payment issues. you will not have to open bank account you wont have to give your personal information to banks. banks will not be able to rob people anymore. you wont need to pay huge fees to banks anymore.

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August 05, 2018, 07:49:56 PM
 #54

"In an article i found that Some Banks l have secretly hired
blockchain programmers to start preparing its systems with
relevant technologies. Because in future cryptocurrencies will
help all financial problem to handle the financial systems.
"
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August 05, 2018, 07:52:18 PM
 #55

I want that the Cryptocurrency could replace the usual money, or at least enter into our life so that it can pay for the goods in the store was. I think it was for these purposes and was originally created bitcoin, to replace all the money on the planet

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August 05, 2018, 08:34:02 PM
 #56

Firstly, the problems with corruption will be solved, since smart money will be introduced. Secondly, there will be no more inflation. Thirdly, payments will be instant and banks will not be able to withdraw your money.
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August 05, 2018, 09:57:05 PM
 #57

In the near future, cryptos will make the payment of good and services, very simple and easy, it will allow anyone to pay for any service without any form of jurisdiction, so it means that in the future, i pay for any service in any country of the world. 
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August 05, 2018, 10:05:56 PM
 #58

Firstly the level of education on cryptocurrency amongst people over the world must be improved so that people can know what it is all about, its uses, strengths and weaknesses. Then it should go mainstream and people should have easy access to it and be able to use it as alternative means of payment for good and services worldwide

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August 05, 2018, 10:33:38 PM
 #59

I think Cryptocurrency will solve the problem of being dependent on banks in the future. In fact, what I'm saying is already happening. I don't see how crypto will solve problem of being dependent on banks. But that doesn't mean that crypto is bad thing, or that there is no need for it.
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August 05, 2018, 10:36:20 PM
 #60

crypto will help to decentralized the world economy which will make possible for anyone to partake in the global wealth so i see great future in this crypto space and soon it will happen once cryptos goes main stream
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