Is the world ready for cryptocurrency?

[AliMan]

for now, not yet. because only a few country that really legalize bitcoin. even they legalize, bitcoin still be digital payment and can't change their currency, if me i will like bitcoin still be digital asset only because a lot of people can use it as it must be used

I think you might be right. More and more countries learn about cryptocurrency and are starting to use bitcoins, but it will be hard to replace a country's currency. That being said, perhaps digital currencies can co-exist with fiat money. Who knows.

One thing that our world is great in doing is to adapt a system. I think our world right now can easily get in touch with crypto since the evolution of technology is so fast. I think it will mot be a problem if crypto will really get involve with the world since the world itself is great in accepting something. Good thing is that crypto is just a good institution.

[DavidCallahan]

i guess not because still there are a lot of lacking and among them the most important lack is awareness i mean most of the people still don't know about it.

[zenrol28]

Until all people around the world have a bitcoin wallet, that i can say the world is ready for cryptocurrency. But the problem is, the governments, because they are the ones who'll get struck by these p2p systems. Which is i think will take generations maybe that is why the last drop of bitcoin will be mined 100+ years from now.

[Bessta]

While some countries are so advance on their technology  there are lot more which are still catching up with their technology so that means global acceptance  and readiness on cryptocurrencies is not yet 100%. But its not impossible that the world is heading to becoming crypto-ready soon.

[renc77]

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.

Yeah. This is going to be a sudden transformation in the culture of the man-kind. However, I think this is surely a long journey to happen. We cannot approve yet that this will sure possible.

But then, I believe if cryptocurrency will be heard by the majority which resulted for more talks about it. Arguments will follow and development surely arise.

With that, it might possible for the world to use cryptocurrency.

[Bulljcak]

Yes I think the world is ready for cryptocurrency today lots of people have involvement in crypto this means that the demand of crypto is getting stronger every year especially last year that bitcoin rise and many people noticed this I hope crypto will accept in many countries soon.

cryptocurrency is fastly known i think to every country.the people believe that investment in crypto can take a lots of money and of course it double the value of your income.

[fluctuations]

The current trend of the world is very concerned about the technology market. So to say that the world is ready for electronic money, then I think this will be the trend, to be able to say ready, I think this is hard.

[Coroline]

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 a very long time to change the world by changing payments using digital currency, because this is digital and has no physical properties, so you need a computer or the like to access.

[Vanes_brz]

Now the world is not exactly ready, but in a decade everything can be in digital form, not only money, but also documents for a person, a car, real estate, etc.

[Loopper]

While some countries are so advance on their technology  there are lot more which are still catching up with their technology so that means global acceptance  and readiness on cryptocurrencies is not yet 100%. But its not impossible that the world is heading to becoming crypto-ready soon.

Let's look at the development of the digital world because everything can happen for a moment now with the different rules of each country.

[worle1bm]

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.

The world has moved quite ahead on the internet but still cryptocurrencies are a new concept for them and they don't knew much about them. Moreover the percentage of people invovled in crypto trading is less but is increasing on large scale due to its popularity.People are now becoming aware about btc or other alts through news or social media. But still its a time that cryptos become integral part of payment by majority on large level globally.

[lionheart89]

At present, central banks hold foreign currency and gold reserves to ensure that they are ready to act if there is interference. In addition to bringing the cryptocurrency into the trade balance, the central bank will begin issuing its own cryptocurrency next year.
As regulators have done. For example, the Singapore monetary authority (MAS) plans to make its own cryptocurrency under the Tiles project. While Russia and Australia still plan to issue their own cryptocurrency.

[bbcolex]

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.

We have to adopt it and everyone should be expose of it , experience and implementation would let us all be ready. Adapting and making Cryptocurrencies acceptable is a long run but we have to introduce it slowly to the public for them to adapt. And, Yes Fiat will always stay there since its the only currency all people know , more likely people who aren't tech savvy will most likely snob Digital currencies.

[Blumenkranz]

I think most of the countries are already aware of the existence of cryptos, but not all of em are ready to embrace and accept it as a usable currency.

[letecia012]

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.

millennial are those who are more adopting cryptocurrency as it is easy to store and you can used it in any country  when purchasing items or goods or if you want t o convert in fiat there are lot of exchanges who can offer to directly convert  to u.s. dollar or any currency that supported by exchange but still we are just in a starting process for the mass adaptation of crypto currency and once it will fully establish expect prices of crypto coins may surge also.

[Gaurav11kb]

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?

Why do we talk about replacing the world's currencies when we talk about crypto. Crypto currency or Bitcoin can never replace fiat. Fiat will have its own use in future too but Bitcoin/Crypto will make the life better by making the transactions safer and faster. Decentralization is the biggest advantage of crypto and it is also the reason of why it would not replace fiat, ever.

Is the world ready?

New technologies comes and either replaces the older ones or improve them. This (Crypto) is the revolution of financial management. I think we are ready, the world is ready.

[satana_igor666]

A few years ago I would not say so, but the last two years have shown that people are used to crypto currency and know what it is.

[Viscera]

I think yes One reason why we are on Internet Age, We are on the phase of mass adoption and we are ready to change the world for a better. Cryptocurrency and bitcoin will replace fiat currency soon.

[Ethan Argu]

I think yes for coming decades because the technology has continuing of innovation provide a better life for people. It will growth and people will accept the gift of digital which is you can pay using our bitcoin to any kind of transaction malls,transportation,resorts , and restaurant
Cypto will be part of our daily life so i think they are ready. Because we are in era of technology.

[edzleochico6]

I think it takes a lot of time until the world ready for cryptocurrency,besides that the world knowledge about crypto is also not evenly distributed, this needs to be solved by large-scale socialization.