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Author Topic: Is the world ready for cryptocurrency?  (Read 6190 times)
jademaxsuy
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August 07, 2018, 06:44:44 AM
 #101

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.
Of course in this era wherein the cryptocurrency now is being one of the considerations to be the most innovative creations on this era of digitalization. As we all know that there cryptocurrency could contribute on the development of digital specifically on digital currency.
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August 07, 2018, 06:49:53 AM
 #102

Thr world is now ready for cryptocurrency since many people are joining into crytpto world day by day, besides the numbers of participants here are increasing, it just means that many are influenced by cryptocurrency globally and many to come in the near future.
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August 07, 2018, 06:50:33 AM
 #103

Yes right now bitcoin is ready for the world. Because all the developed country using Bitcoin and it become the medium of exchange like real money
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August 07, 2018, 06:51:55 AM
 #104

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 yes the world is ready for cryptocurrency because the global economy is inevitably moving towards a digital eco-system. From investment to money transfer, everything is going paperless. The newest and most promising addition to the digital payment sector is cryptocurrency.
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August 07, 2018, 06:52:44 AM
 #105

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 like your question. Everybody, including me, is saying the future of currency is digital currency and that would mean the fiat currency that we are currently using will one day fade away. But your question stays, because if we really take a careful look around us, we can easily observe that the world is less than 30% digital. Of course, it is easy to notice that we are getting there but then it is a hard fact that a very huge population in the world is far from getting into the digital age. As for me, we are not yet 50% ready. Although a few advanced countries are.

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St4yInTh3D4rk
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August 07, 2018, 06:55:21 AM
 #106

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.
It may take more than decade too since the crypto currencies are only used by very low amount of people the adoption prices will take longer then only the bitcoin will be suitable for the real world usage.For that to happen we need to adopt to the system as much as possible and spread about the bitcoin to the people you know.

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August 07, 2018, 06:57:46 AM
 #107

Yes right now bitcoin is ready for the world. Because all the developed country using Bitcoin and it become the medium of exchange like real money

I think at this point we're not ready yet because many places all over the world not be cultivated by the high technology. But it is a good start for crypto to scattered in whole world in the near future. Time come bitcoin is already implemented in our business industry.
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August 07, 2018, 06:59:49 AM
 #108

We are ready definitely. To see how the world utilize and how we depend more and more each day on digital goods and technology, we will be able to fully use the cryptocurrency and needless to say we need digital currency now more than ever. We try to input every work we can in the digital task to make our life easier and that is what digital currency can do for us. With cryptocurrency we would be able to purchase, pay and do transaction with just clicks away.
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August 07, 2018, 07:02:08 AM
 #109

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.
In this year a big changes to our world and that is the crypto-currency now a days. Maybe this is the best thing to move on now in the current situation and adopt the crypto in our countries but many countries are against of it because other people using it in evil intentions just like the "black market" or the other terms of it. But I can say that world is ready for new evolution of daily life routines.

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August 07, 2018, 07:02:34 AM
 #110

Yes right now bitcoin is ready for the world.  Many people use cryptocurrency and most of them are altcoins and tokens.  I know Bitcoin has not really been legal worldwide, it's pretty new compared to some countries and some young people. Only those who really want to know and invest in Bitcoin will research it.
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August 07, 2018, 07:02:46 AM
 #111

I think yes because we are already using it, we just only need to introduce it to others or explain it clearly to those who have been brainwashed by media. It will took a long time but I am hopeful that cryptocurrency will be known and use by everyone.

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August 07, 2018, 07:17:10 AM
 #112

Well, there are digital currencies being used all around. Let me make this comparison. In my country we engage in mobile money/banking. All you need is to convert your fiat into digit and you can make payments anywhere from any distance. Its is no different from crypto except that the former is centralized and non volatile. Its all about making the world know how the crypto world works. Explaining to the algorithms behind cryptocurrencies and I think with this, the world will be ready enough.
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August 07, 2018, 07:23:08 AM
 #113

Maybe now the world is not ready for cryptocurrency, because there are currently around 1900 cryptocurrency in the world, but 90% of them only end up in garbage, this failure can occur because the system built by the company is not strong and with haphazard management.
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August 07, 2018, 07:25:30 AM
 #114

a food truck pulled up outside my work today and they allegedly accept bitcoin...so. yeah. I think the world is ready.

what I don't think the world is ready for, is sitting around 6 minutes+ for a confirmation after you've paid.
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August 07, 2018, 07:51:25 AM
 #115

I think world is not ready for cryptocurrency, because more countries people and government don’t undusted this. Government don’t support cryptocurrency. But this is most important currency in any country. I am sure after days later our world more country ready cryptocurrency. 
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August 07, 2018, 08:08:02 AM
 #116

Yes, we are ready to use the digital currency, this is just a starting. I don't agree on what you said that cryptocurrency will replace all national currency. There are some people who are not comfortable using cryptocurrency for particular services or payment, we can't force every people.

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August 07, 2018, 09:16:35 AM
 #117

No, still not because there are a lot of countries where the people even don't know what crypto currency is and still many people don't know how to use it.
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August 07, 2018, 09:25:56 AM
 #118

I think not yet, the world is not ready. And this is because the majority of people listen to people in public offices, and this means that many governments must be convinced so that their follows can be ready for it. But if you look at it now. Getting your head around cryptocurrencies was hard enough before governments got involved. But now that policy makers around the world are drawing up fresh regulations on everything from exchanges to initial coin offerings, keeping track of what’s legal has become just as daunting as figuring out which newfangled token might turn into the next Bitcoin. And the rules vary wildly by country, given a lack of global coordination among authorities. So it will take some time.
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August 07, 2018, 09:35:59 AM
 #119

I think yes! Why not? To my mind, it is obvious that the crypto is the best way out from the current financial situation in the market. To my mind, the world is developing and we need to develop new tendencies

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August 07, 2018, 09:44:02 AM
 #120

It will change as you can turn history and check that their were so many changes from the beginning in currency usage of each country so it is not new that after fiat currency digital currency will take over. Crypto currency will take time to capture hole world but it is not impossible.
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