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Author Topic: Is the world ready for cryptocurrency?  (Read 6192 times)
pattley
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August 11, 2018, 03:11:37 AM
 #341

I'm not so sure.  Most people have an issue with personal responsibility.  Could you imagine 7 billion people trying to keep track of their private key.  We would be down to 10 million outstanding Bitcoin by 2020 with all the losses. 
Rustamm
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August 11, 2018, 03:11:45 AM
 #342

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 Crypto currency will most likely enter our world gradually and for decades. It is very peculiar, a certain part of the population does not understand it and this requires a certain amount of time. Here the question is not whether we are ready for such a technology, but by the level of technology we have already grown to understanding the crypto currency, and the question is how long it will be implemented in our life. After all, this requires appropriate skills, technical devices and the Internet.
qwirtiii
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August 11, 2018, 09:21:55 AM
 #343

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 world in not yet ready for cryptocurrency.Some people know about cryptocurrencies and they use it for the fastest trasaction but other people has no idea what is cryto.All of the people must know about this before world ready in bitcoin or crypto.
ghfgdasfaw
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August 11, 2018, 09:29:19 AM
 #344

I think cryptocurrency need time to be accepted by the government and after that, I think the world will soon ready for cryptocurrency and has become a topic trend in various mass media lately.
Kaznachej123
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August 11, 2018, 09:56:26 AM
 #345

I think that is already ready or will be ready very soon, now preparations are under way and you can see for yourself what news from the most famous companies we see now
 Microsoft Introduce Blockchain-as-a-Service Solution While Google struggles to figure out its attitude toward various crypto products, another IT giant, Microsoft, has announced the introduction of a new Blockchain-as-a-Service solution. Read more:  https://medium.com/@babaevanar/microsoft-introduce-blockchain-as-a-service-solution-d7951401fad9
Fretcy
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August 11, 2018, 11:14:28 AM
 #346

           To me I think that the whole world population has been troubled about money for several years and we needed a third party to be trusted so there haven't been any option to trust anyone so the people trusted the bank so far for currency matters . Now the introduction of Bitcoin brought a change . Cryptocurrency is gaining popularity and the blockchain is the database storing data's online . Since it is a decentralized one and no third party involvement government cannot take control over cryptocurrency 

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SunriseSecret009
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August 11, 2018, 11:27:06 AM
 #347

I still don't find much sigh that may prove that the world is ready but I found a lot of sign that prove it is still unready and the prove is governments ban on bitcoin.
Offece
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August 11, 2018, 11:41:20 AM
 #348

in the meanwhile, the sector is not ready to just accept cryptocurrency, because to apply the existing money may be very difficult and requires a procedure and attention from numerous parties and it takes a very long term although the foreign money will now change into cryptocurrency.
#dhabitamartha
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August 11, 2018, 11:54:08 AM
 #349

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 bitcoin technology will lead to new things and changing the world to be faster and more efficient. This makes changing digital currencies an easy thing to do in this need for improvement and understanding how to use this technology.
jaaeeeyyyy
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August 11, 2018, 12:56:44 PM
 #350

Till the implementation of certain policies, you never know how prepared you are to embrace a change. There are shortcomings in almost all new implementations that causes change. Accepting cryptocurrency and for that matter bitcoin in the world will not be easy but with new globalization and trend of transactions. It is a necessity to embrace bitcoin to facilitate business transactions
As of this moment maybe no. Because there are places who are not civilized therefore the internet or somewhat the technology needed in using crypto did not reach that places. World defines as a whole therefore everyone must use it or majority. But the thing is crypto will be the currency that will help everyone to be in better life.
Maruf Nazir
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August 11, 2018, 12:58:01 PM
 #351

Yes, of course, the world is ready, because cryptocurrency is the source of income from here to earn money through various jobs. And from cryptocurrency we can learn a lot, such as investing, using money, and now everyone is aware of the use of cryptocurrency and its good aspects and because of good results using it, the world is ready for cryptocurrency.
Ahimoth
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August 11, 2018, 01:01:28 PM
 #352

The world is not fully ready for cryptocurrency.
I think it really doesn't matter because the world can easiy adopt with the situation once crypto currency make its move. Actually we don't have to wait for the world to be ready we just gotta seize the moment. Well I think it will be easy for the world to accept crypto currency since we're now living in a modern day.
Buttermellow
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August 11, 2018, 01:01:58 PM
 #353

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 the world is ready for a new technology which is block chain wherein corruption might be prevented through transactions with the technology. Yet the implementing rules are not yet ready as we all know that we need the governments to get the implementing rules for the betterment of the system and until now they are still i think brainstorming on how are they going to control the system.
km4700ruda
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August 11, 2018, 01:14:35 PM
 #354

I do not think that the world is ready for crypto currency, because I see how the whole market is falling at the slightest bad news, too weak investors
beniesyde
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August 11, 2018, 02:24:04 PM
 #355

I am sure that sooner or later, it will happen. This process is irreversible. crypt conquers the world. It's just that the world is not yet ready to accept this everywhere. The market of crypto currency is too young. Much needs to be legalized and done. It is necessary to stabilize the course.
To increase the literacy of the population in this matter
sneeze11
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August 11, 2018, 02:31:40 PM
 #356

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 it is not ready for cryptocurrency because there are so many country that did not accept it. There are also some coutry that wanted to destroy it or end it.
napoliground
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August 11, 2018, 02:35:44 PM
 #357

this will happen and indeed will be one of the most massive if not the most massive decision of humanity in the 21st century
semutracing
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August 11, 2018, 03:12:09 PM
 #358

Crypto is ready to spread its benefits to the whole world but the world it still confusied to accept it but after understanding it no one will gonna refuse it.

right, everyone needs a process, because in my opinion the thinking of people in the government still adhering to the old system has not seen future generations, they still think of the aspects of profit if they legalize the crypto currency in their country
merrillolive
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August 11, 2018, 03:19:25 PM
 #359

To my mind, since electronic money is currently not widely accepted in many countries, it may be a risk to countries that accept them for paying for goods and services.
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August 11, 2018, 03:21:08 PM
 #360

this will happen and indeed will be one of the most massive if not the most massive decision of humanity in the 21st century
I think this world is slowly adopting the system of cryptocurrency, and in what I am seeing, the world needs it and ready for it because people are using it already.

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