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Author Topic: Is the world ready for cryptocurrency?  (Read 6190 times)
Lumberjackpj
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September 10, 2018, 09:37:53 PM
 #1401

Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.

Yes, we can see that most people know what cryptocurrency is. They don't have the foggiest how it works, though. This is one of the reasons why people think BTC is a fake or a Ponzi scheme. Getting used to it and understanding the underlying idea as well as accepting it as a payment method will definitely take some time, but not too much.
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beatzcoin123
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September 10, 2018, 09:40:30 PM
 #1402

there hasn't be much publicity about crypto globally, some many people are still in the dark about crypto currency, for that we cant say we are ready yet for crypto, there has to be mass adoption and this can only happen when there is more jingles and publicity about crypto positively. Lets start to educate people about crypto, it begins with you.
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September 10, 2018, 09:44:59 PM
 #1403

I feel since Bitcoin has shocked the world (in late 2017 and early 2018) the world is very ready with cryptocurrencies, but because there are many people who take the opportunity when Bitcoin is booming by cheating, the world is not yet ready to face it. need a clear and legitimate law so that the real world is properly prepared in the presence of cryptocurrencies.

Gankstard
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September 10, 2018, 09:53:34 PM
 #1404

All the necesary tech is ready for the big adoption of bitcoin, its just that the world isnt ready to adopt bitcoin for the masses yet. When it becomes easy to pay for everyday goods with bitcoin, like doing groceries or buy a television in the electronics store, we can see some big adoption for the masses. Until that day it will only be "currency to invest in", in my opinion.
tarlok01
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September 10, 2018, 10:50:31 PM
 #1405

Well in my notion publicity of anything and good report card of anything will fascinates more investors towards it, crypto currency have to be self reliant so that it's good result will advertise it soon.
sarah7912
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September 10, 2018, 10:53:09 PM
 #1406

I think it's difficult in the current situation to be handled through crypto worldwide since it hasn't spread yet but it could happen in the future.
kvipcn
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September 10, 2018, 11:04:30 PM
 #1407

Looking at how some of the governments are reacting to the use of cryptocurrency and its decentralized nature, i don't think the world is ready for cryptocurrency. People are finding it difficult to adopt to change, which is a strong indication that they are not ready for cryptocurrency. What cryptocurrency needs is true believers not people who think cryptocurrency will make them rich.
Tramle091296
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September 11, 2018, 12:44:38 AM
 #1408

The world is not ready. Some countries have already introduced cryptocurrency as payment, such as Venezuela, Japan... I think that in the footsteps of these countries will be followed by many and the future with crypto is secured.
Well by having bitcoin on your country and use it this is the First step and actually they our ready for the development of the bitcoin and gives them to their life is and to get their economy better.  Smiley

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Cidpollendina
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September 11, 2018, 07:56:02 AM
 #1409

I would say the world is gradually getting ready for the cryptocurrency. Many countries have already accepted crypto and created the laws and regulations for it what is a big achievement in the crypto development.
anhhungxadieu0402
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September 11, 2018, 08:01:24 AM
 #1410

Yes, in the world today Bitcoin appears, but only in some countries. In addition, some countries have not really believed will bring profits to investors, so they did not allow circulation. In short, Bitcoin only appears in some countries but not in the world.
stiffbud
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September 11, 2018, 08:04:29 AM
 #1411

Many people use cryptocurrency and most of them are altcoins and tokens, I think so many people should know how to run it along But learn at the right time
According to my personal opinion the world is ready from cryptocurrency and in many part of the world people are severely connected with bitcoin. They used cryptocurrency more than that of normal currency for their daily purpose. Day by day The world turn into digital world and bitcoin and other cryptocurrency help in it. Cryptocurrency provide better and faster transactions support then that of any bank and also provide more privacy in its every single transaction. Because of this many online retailers and bussinessman and online shopping sites use cryptocurrency as a payment method. Cryptocurrency are heavily use for online shopping, trading, market, tickets booking etc. So these thing shows that the world ready for cryptocurrency.

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Agriasoaks
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September 11, 2018, 08:23:04 AM
 #1412

I am excited and look forward to the day everyone accepts. If everyone accepts, this market will go into the history of the world.
minymax1212
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September 11, 2018, 08:33:39 AM
 #1413

Just few countries accept cryptocurrency as the payment. And the others ban crypto and who uses them as a lawbreaker. Thus, I don't think the world is ready for this revolution. Maybe 10 or 20 years later, it may.
KotiKo
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September 11, 2018, 08:34:09 AM
 #1414

Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.
I think that after a while, maybe even less than 10 years, and all countries will be ready to accept crypto currency as a payment system. I want this to happen sooner
cudomixi
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September 11, 2018, 08:40:52 AM
 #1415

I think cryptocurrency is not ready to replace the current financial system. The market has over 2,000 coins, most of which are altcoins and tokens. It takes a very long time for the world to accept cryptocurrency.
peterstark
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September 11, 2018, 09:32:19 AM
 #1416

I think the world is ready for crypto because almost everywhere in the world now, there are people who use crypto. Crypto adoption increases each passing day and that tells you how ready people are to embrace the new technology.
GreenRydia
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September 11, 2018, 09:47:00 AM
 #1417

I think the digital currency showcase is at a beginning period, the world will require more opportunity to truly acknowledge the crypto. Bitcoin and numerous cryptographic forms of money will steadily supplant cash fiat yet not currently.
Balthierblack
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September 11, 2018, 09:51:58 AM
 #1418

Currently, governments in many countries are not ready for this. The market is in need of people's trust. If people do not trust, the market will decline.
tonyparker
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September 11, 2018, 09:56:46 AM
 #1419

Nowadays, people who have knowledge about cryptocurrencies are gaining numbers. compared way back before cryptocurrency started. We can't say that we are 100% ready for it, but most of us are. Here in my country, many people think of cryptocurrency as a form of scam. But the truth is, they just lack the proper knowledge about it.
kawaihito
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September 11, 2018, 09:56:59 AM
 #1420

Yes, because bitcoin is developing more and more and it also gains reputation from society. that's the reasson why
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