Is the world ready for cryptocurrency?

[lumon2112]

if it comes to me, then I have already accepted it for a long time, but nothing has changed from it, it needs to be recognized by the leaders of each country)

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[Joeyvicky]

IS very  critical question to answer but personally i think everything does not certainly emerge once or suddenly nd from the look of things the rate at which the crypto community is enlarging is a good sign of progress and with time when all things be equal the world at large will embrace this digital currency.

[Dimonhamon]

I'm thinking the world will be forced to approve bitcoin. For example, I'm ready to take bitcoin and the entire crypto-world).

[rtm125]

Of course, there must be a lot of changes in the world so that we can fully use bitcoin as an alute. And it will take quite a lot of time, more than 5 years, I think.

[Podda (SL)]

Yeah. The world is ready for the cryptocurrency. I saw a lot of people are saying Bitcoin can become a legal currency in the world. Maybe that can happen because Bitcoin is the greatest cryptocurrency in the crypto market. No doubts for that. By the way, cryptocurrency is very matching to the future world. The crypto is very very useful for the world, thank you!

[MadaraAvenger]

We already using cryptocurrencies so it's obvious that the world is ready for this change. There will be for sure people that cannot understand bitcoin and how it works but we can help them to understand and adopt bitcoin just like any other currency and I'm thinking how will the elders react to bitcoin using daily.

[Dondisimo]

Of course we want to have to use bitcoin as a currency, but it's impossible to date, as a very small kachestvo starn took it on its territory, very few companies use it. Bitcoin needs even more time to develop.

[Epimetheus]

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

I think the advance society of today's generation is ready to use bitcoin like cryptocurrency. Their are various advantages of cryptocurrency which are actually useful for mankind. Cryptocurrency are help people in their transaction cases. Cryptocurrency provide them fast, secure and safe transaction. This thing save people's time too. Cryptocurrency provide a wide opportunity in investment and this short term profit criteria investment help many people to setup their life. So in my opinion the digital generation is ready for cryptocurrency.

[justhh]

The good technology. We would soon witness decentralization taking over almost every technology in the world.

[Athanasios Motok]

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 is not ready for cryptocurrency yet. A lot of people are used to Fiat money, cash in your pocket, so now give people bitcoins they do not understand. Imagine you are just a grandmother in a bitcoin store paying. That sounds like crazy talk.

[kolsernik]

Of course, while the world and people around the world are not ready to accept crypto currency. But time goes on and more people join the crypto world. I hope that within 5 years the world will mature to accept crypto currency.

[Brandon Sousa]

Bitcoins are stored electronically and traded for other market currencies via online foreign exchange portals. Therefore, there is no need for a bank account and its associated transaction fees, ultimately minimizing storage and transaction costs. It benefits economy in may ways, realizing the goal of a cashless society. So the global should have more open attitudes towards Bitcoin . Currently, I think the global economy has been really ready to adopt Bitcoin. There's still a lot of concerns and doubts.

[Christine Tavares]

Before questioning the readiness of the world to cryptocurrency, considering whether virtual currencies a feasible alternative for the corporate world, or are they simply a passing fad is necessary.  Bitcoin as well as other cryptocurrencies has many features fitting with crimes' needs. For example, Bitcoin can be used to buy bad things, like illegal weapons, owing to the anonymous characteristics in transactions. I think cryptocurrency need more time to perfect themselves before being widely used.

[Brenda Smith]

Actually, Bitcoin isn't ready for being used as an alternative means of payment. Unsolved problems of Bitcoin are still an obstruct. First, virtual currencies are not tied to any country’s economy. By floating against all other currencies, bitcoin is theoretically insulated from the effects of economic instability, fiscal/monetary policies and political unrest, such as the recent issues in the eurozone. Since bitcoin is not tied to a single economic or political entity, much of the source of this unpredictability is speculation, rather than economic or fiscal policies. Media coverage, fluctuations in demand and rumors of technical glitches or breaches can act as triggers for such speculation. Such uncertainty introduces an unacceptable amount of risk.

[Justin Jones]

The world hasn't been ready for the brand new Bitcoin as well as other cryptocurrency. But cryptocurrency themselves haven't been ready for being widely used, either. One of the biggest risks of virtual currencies from the corporate perspective is the lack of liquidity. If corporations were to actively use bitcoin in daily business, their imbalance in demand for the virtual currency would increase the price volatility just through the execution of daily transactions. Although only 50% of the total Bitcoins available are in circulation, unless volume is increased, the lack of liquidity would prevent any corporation from being able to utilize bitcoin as a viable currency alternative.

[Pamela Andrade]

There are few countries that are open to Bitcoin, while the number of country keeping vigilant against Bitcoin isn't small. It's because it has a bunch of problems which has yet to be improved. Take Bitcoin as an general example. One of the most important risk factors for bitcoin is security. Although personal wallets can be encrypted, and the SHA-256 encryption algorithm of bitcoin itself is considered extremely secure, should a vulnerability be found and exploited, it could have a catastrophic impact on bitcoin’s reputation.

[BitcoinConte]

It is possible that one day cryptocurrency will be implemented globally if everybody's ready to adopt this kind of service. Technology helps the rapid popularity of crypto. More or less 10 years from now, we can define the world as crypto world.

[G.Higgins603]

Cryptocurrencies could be the way of the future. Many people are waking up to its power. But I think it'll take some time before it can experience full-scale worldwide adoption. It has a lot of impediments in
 its way chief of which are people's and governments' hesitation, skeptocism and cynicism related to blockchain technology and cryptocurrencies.

[excolony]

No, crypto runs faster than technology development and human awareness. Thus, I think maybe 10 years later, Crypto could be well-known

[pat4cryptoreal]

The world is not totally ready to use digital currency throughout without some places still using fiat. It will surprise you to know that we still have large portion of places that do not have access to internet, which means cryptocurrency cannot be use in such places.