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Author Topic: Is the world ready for cryptocurrency?  (Read 6192 times)
mxyzptlkof6th
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August 24, 2018, 03:14:54 AM
 #881

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 strongly disagree with you. The world will take at leadt a centrury to fully replace fiat money with plainly cryptocurrencies. This is because not all countries are accelerating at the same rates therefore some countries still have their technologies left behind. To that end, even though what I am saying is negative in this forum, it is still reality.
Chronos_angel
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August 24, 2018, 03:42:28 AM
 #882

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 and local country currencies will go hands in hand, because I think bitcoin will not really be capable to replace the particular currencies of every country.
btcformula
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August 24, 2018, 03:57:31 AM
 #883

 I know Bitcoin has not really been legal worldwide, it's pretty new compared to some countries and some young people. It's a matter of mindset. Everbody want's security in every field. Problem is crypto is volatile, untrackable, too much technical so it's takes time to adapt that took like Internet adoption.
Sir Legend
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August 24, 2018, 03:58:33 AM
 #884

Many countries are ready to accept cryptocurrencies, but more countries are not ready because of infrastructure which is still difficult, but I am sure that all countries will make cryptocurrencies the future of the transaction system replacing fiat.
mornabo
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August 24, 2018, 04:12:26 AM
 #885

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 the world is ready for cryptocurrency. The only problem lies on how the people would accept this thing. In realization it is really impossible for a particular people to used crypto for his/her typical used; however, if it would be properly guided and trained then it would be so easy. Thus, we need the support of the government if we want to achieve this kind of innovation.
I think not all countries are ready for a new financial system like cryptocurrency, some countries have low human resources, and you really need the intervention of the government and trainers so they can get to know what the internet and crypto are, I hope the world can be more advanced and sophisticated
kittybabe@06
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August 24, 2018, 04:26:52 AM
 #886

I guess not yet.. even here in our country only young people know about bitcoin and cryptocurrency.  we still need to convert the btc into our currency for us to use it and buy things, BTC is a good investment but to use as  alternative currency or money that is a big challenge.
dupee419
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August 24, 2018, 04:51:13 AM
 #887

It ain't ready yet, the inside has a lot of flaws and it lacks something, and most of all the no. 1 problem is technology, sadly not all countries have the fastest and most advanced tech, which is one of the problems why the world is not yet ready to fully engage in cryptocurrency.
riskarcher
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August 24, 2018, 05:11:23 AM
 #888

for now the world is still not familiar with the blockchain system or crtyptocurrency, there are still too many systems that need to be repaired and developed because it is still likely not safe in the legality of the money arrangement

freestyle07
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August 24, 2018, 05:13:22 AM
 #889

No not yet but it's getting close.  Grandma cannot work my etherwallet and make a trade on the DEX.  We need credit cards and easy to use accounts for the elderly and no tech advanced. 

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Bitlife81
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August 24, 2018, 05:27:51 AM
 #890

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.
giacatluong
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August 24, 2018, 05:47:54 AM
 #891

If we do not use electronic money now, in the future we will never be able to reach it. I think the world is ready to welcome electronic money. In many countries, some Altcoins are made as a payment method. The crypto market is growing, and any country will accept Bitcoin.
Rashid555
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August 24, 2018, 06:03:30 AM
 #892

In our country mostly people are working for bitcoin and they have open their own offices where they are taking jobs and they do it like software services web sites developing and many of them are doing mining of different coins so they collect these coins in the form of currencies and the world is accepting bitcoin and other crypto but few of the countries are against of it.

haidil
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August 24, 2018, 06:12:19 AM
 #893

I think not all of the people around is really ready to face crypto there are so many people around the world that didn't even know what is crypto yet. So then I believe that the world is not 100% ready for crypto and there are some people the didn't know about crypto yet.
this only needs to be socialized about crypto even though this is difficult but I am sure it will slowly or gradually know about the crypto world ... maybe this sounds difficult ... but we have to be sure

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zubrr51
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August 24, 2018, 06:12:44 AM
 #894

Judging by my friends and acquaintances, none of them is ready for the world of crypto-currency. Most people do not want to think about it.

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BagzMM
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August 24, 2018, 06:23:46 AM
 #895

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 the world of crypto currencies is still at an early stage and people around the world only knows Bitcoin as there is and nothing more. We should try to make a noise for them to discover this.
Yes exactly, we must spread bitcoin worldwide. Some countries are not yet adapting bitcoin so it must be spread out all over the world.
thesmallgod
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August 24, 2018, 06:37:21 AM
 #896

i do not think world can anyway be ready for cryptocurrency because the government is against it. they hate something they do not have control over them and talking about cryptocurrency replacing fiat. It is just a dream which is far from coming to reality. millions of people still yet to even know what crypto is all about. not to talk about others that do know but they do not want anything related to it. the truth is only 0.01% of people is ready for cryptocurrency
akram143
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August 24, 2018, 06:38:42 AM
 #897

i do not think world can anyway be ready for cryptocurrency because the government is against it. they hate something they do not have control over them and talking about cryptocurrency replacing fiat. It is just a dream which is far from coming to reality. millions of people still yet to even know what crypto is all about. not to talk about others that do know but they do not want anything related to it. the truth is only 0.01% of people is ready for cryptocurrency


Most of the people in this world accepted Bitcoin for their normal users but still many people don't understand their usage and the benefits of Bitcoin the Government of many countries are also still reject or disapprove that all appoint of cryptocurrencies and their country due to many other reasons but it will not correct cryptocurrency solve the future of the world so we need to accept them quickly to make our future peaceful.

Zalaster
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August 24, 2018, 06:40:41 AM
 #898

Adapting bitcoin is a matter of time. Today, the world in most is not ready for its practical application, besides, its price fluctuates, and therefore it can not be used as a settlement currency for ordinary operations. As soon as the price stabilizes and bitcoin is recognized by developed countries, it will become the settlement currency.
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August 24, 2018, 06:46:32 AM
 #899

I don't think so. because until now there are still many countries that have not provided clear regulation about bitcoin. even in some countries bitcoin has been banned
well, I only see that some countries cannot accept this development. either because of anything, but I think it will hurt them. Well, but I think, sooner or later, they will definitely accept this development. well, the developments that occur in cryptocurrency occur very quickly.


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Aryen01
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August 24, 2018, 06:48:54 AM
 #900

my opinion, World crypto is not yet ready for currency. Because it is considered to be an offense in many countries of the world, and many countries consider it illegal. They think there is a crime and still Bitcoin is not known all over the world. For this reason, the world is not ready for crypto currency.
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