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Author Topic: Is the world ready for cryptocurrency?  (Read 6191 times)
zorchy
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August 12, 2018, 07:17:14 PM
 #421

At the moment, I believe that not all countries are ready for such rapid progress regarding technologies of an almost new era.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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pedropenduko001
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August 12, 2018, 07:23:46 PM
 #422

I don't see bitcoin or crypto currency replacing the regular currency and there's too many countries that does not support or approve bitcoin yet and electronic money isn't that easy to use in some countries
Prince Malik
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August 12, 2018, 07:29:35 PM
 #423

I think this one will be harder than we think...many contries dont even accept the idea so the execution will not be possible for now.

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bitbunnny
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August 12, 2018, 07:31:01 PM
 #424

To my opinion cryptocurrencies came in the right moment, when economic crises have started all around the world. They seamed to be alternative, some kind of saviour.
Still, not everyone was ready to accept such changes, new technologies and new way of thinking. That is why we need some time for cryptocurrencies to get fully accepted and positive regulation could help with that.
Now we are facing the situation that new coins appear all the time but not all of them are ready for the market and not all of them contribute to cryptocurrencies promotion and acceptance. But I beleive this will come to balance with time.

stellaekun
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August 12, 2018, 07:32:45 PM
 #425

With the myriad of problems that confronts different industries ,everyone should be embracing cryptos by now, no better time this,people only need to realized this fact
CaterpillarRave
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August 12, 2018, 07:36:08 PM
 #426

We cannot assess it if the world is organized for the new age of the digital currencies. So, My reply relies upon the what number of countries as of now acknowledge digital currencies with their manipulate about it. We realise that some nation is attempting their dedication to manipulate the digital currencies. In any case, I now and again wish that bitcoin will be one of cash that acknowledges in all places during the world.
airdnasxela
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August 12, 2018, 07:36:29 PM
 #427

Well I think, globally, bitcoin is not yet ready to be the alternative currency or monetary system much more to other cryptocurrencies which I think the majority are just dump coins. Yes some countries are adapting to it but those countries are developed countries, and in a larger scale, I think it is not yet ready to be used because of many disadvantages like high fluctuating rate and the like. I think bitcoin and other good cryptocurrencies should modify or try to resolve some issues about it and the world needs to be more modernize by waiting for time to pass and when that time comes, that is when the world will be ready for cryptocurrency.
skidanchikbizon
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August 12, 2018, 07:56:18 PM
 #428

This will be a global restructuring of states. The whole system. But it will be gradual and not soon.
Huntler1993
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August 12, 2018, 07:56:35 PM
 #429

Frankly speaking most individual all  around  the globe are using cryptocurrency for their activities of daily living  but quiet a significant number of individuals are also in a dilemma but i  definitely think a time will come the whole world will embrace it.
ubeng07
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August 12, 2018, 07:59:46 PM
 #430

I don't see bitcoin or crypto currency replacing the regular currency and there's too many countries that does not support or approve bitcoin yet and electronic money isn't that easy to use in some countries
Not in a way wherein they have to replace for what we have been use as of now but in a way wherein this can be the alternate or the second choice for us to use specially for this new era of using technology.
Ninellechka
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August 12, 2018, 08:06:11 PM
 #431

The world isn't ready yet to accept crypto. But it's the matter of the nearest future. We see that more and more countries, companies, banks start accepting and using crypto. It will take pretty much time before it becomes world-wide massive, but no doubt it will.

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cabitu
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August 12, 2018, 08:18:16 PM
 #432

The world is very ready for cryptocurrency, because cryptocurrency is well known throughout the world and many people around the world believe in the existence of cryptocurrency.
johnlhy253
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August 12, 2018, 08:19:09 PM
 #433

I don't think Bitcoin is ready to be use globally. It still needs a lot of development and still needs to solve a lot of problem before it could be use without some major hassle like fees and transaction speed. It still need some time. Maybe in the near future, some developers would find a way.

Yeah, for now, there are a lot of major hassle in the blockchain. specifically, the network speed which is the major components of every transaction over the network.
ironman2014
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August 12, 2018, 08:35:55 PM
 #434

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`m feeling that the world is completely not ready I would say even that world is far from being ready to cryptocurrency acceptance and legalization all the around the world. But some companies are already thinking about improving their blockchain payments...

Udrujec
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August 12, 2018, 08:44:58 PM
 #435

The whole world will never be ready, so do not wait for it. You just need to develop cryptocurrency and use it.

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gadgetnerd
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August 12, 2018, 08:55:38 PM
 #436

A very difficult decision to make, but i think that we all need to understand that cryptos are very young, maybe we all need some more time to discuss this information

bitvelk
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August 12, 2018, 08:57:44 PM
 #437

Unfortunately, there are very few progressive States. Most are very conservative and the adoption of cutting - edge cryptocurrency is something out of the ordinary for them.

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Abigail Asi
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August 12, 2018, 09:00:39 PM
 #438

Of course the world is ever ready for cryptocurrency because people day in day out invest in cryptocurrency which is a good idea.
tricky boy
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August 12, 2018, 09:40:04 PM
 #439

I can say that many people made it because the reason is that many people are bitcoin going to invest in the day after day.Suddenly these people will come in the cryptococcensis. It can not be as long as people will know from people, then they will know about it, they will know about it soon after it will come in.
Fortuna27
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August 12, 2018, 09:46:20 PM
 #440

The world where there is a monetary crisis is more than ready.
In countries like Venezuela, Argentina, Zimbabwe or even Turkey the question is not "Why do you need cryptocurrencies?", the question is "How to get in crypto?"
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