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Author Topic: Is the world ready for cryptocurrency?  (Read 6190 times)
krishnaverma
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August 24, 2018, 05:47:21 PM
 #961

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.

Bitcoin does not ask for much for its use:

1) Internet which is readily available everywhere. Concept of free internet is also becoming popular worldwide.

2) A  smartphone, PC. Most of the people own this as well.


In some countries where there is illiteracy and poverty, people might not be able to use crypto.
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Cryptogid
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August 24, 2018, 05:58:50 PM
 #962

You can't talk about cryptocurrency without the technology that goes with it,for now,the world needs the technology, that cryptocurrency gives..
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August 24, 2018, 06:13:29 PM
 #963

I think the world is not ready to accept bitcoin globally, after seeing the rejection by various countries.

but gradually I'm sure bitcoin will be accepted, it's only a matter of time, now the world is only adapting to bitcoin.
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August 24, 2018, 06:14:19 PM
 #964

Today's technology is actually ready to support the running of cryptocurency, but the public and state regulations still burden the cryptocurency to continue to grow and be accepted.
4rzun4
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August 24, 2018, 06:22:25 PM
 #965

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, because there are still many people around the world who do not know cryptocurrency and do not understand how to use it.
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August 24, 2018, 08:00:48 PM
 #966

will never be ready if not try, in this case the government still seems very apathetic, but the wave of new investors comes from their people from all groups without exception, bitcoin still cannot be synchronized with public business, but basically they are very ready to move in online business.

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Alns
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August 24, 2018, 08:09:29 PM
 #967

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 would say that we could be ready for cryptocurrency integration only in that case if somebody will be making the first steps and actually do that, without that we cannot say it's for sure.
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August 25, 2018, 08:23:58 AM
 #968

I know Bitcoin has not really been legal worldwide, it's quite new compared to some countries and some young people. Only those who really want to know and invest in new Bitcoin research it. Efforts are still being made to make Bitcoin popular or replace the current
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August 25, 2018, 01:07:53 PM
 #969

More then ever! Not only ready but in big need of it! Crypto world has so much to offer to the world! It's a YES from me!
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August 25, 2018, 01:37:35 PM
 #970

Personally I feel a lot still has to be done ,by improving on the technology ,effective network ,transparency and improved security.everybody wants to fellow the succession of analogue to digital,but the big question is that ,how effective and secured is the network to potential investors.and also there is need to introduce crypto currency education for sensitization and awareness.
C0ld_Zero
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August 25, 2018, 02:00:33 PM
 #971

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.

These days, people who know about cryptocurrencies are picking up numbers. looked at route back before digital currency began. We can't state that we are 100% prepared for it, yet the vast majority of us are. Here in my nation, numerous individuals consider digital currency a type of trick. In any case, in all actuality, they simply do not have the correct information about it.
deepakg2m
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August 25, 2018, 02:27:31 PM
 #972

CRYPTOCURRENCY acceptance around the world is not an easy task. World is divided in many parts because of political , economic and many other reasons. Overall acceptance will take a lot of time and effort. So right now world is not ready for CRYPTOCURRENCY.

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Spontebob
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August 25, 2018, 03:13:19 PM
 #973

I think the world is ready. But the real question in my opinion should be if all the ppl are ready. I think not everyone is ready, but the world and where we stand as tech, is definitely ready. More ppl got to get in...

This is the type of answer I’m looking for. Are all of the people ready when everything in the world of bitcoin is? Despite its volatility, the country I’m living in is definitely ready and looking forward to it.
mayyeunoa222
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August 25, 2018, 03:15:23 PM
 #974

It is not yet ready because there are still countries that prohibit or restrict the use of bitcoin so we need to have solutions or spread bitcoin to people around the world to get more backing than
Fred3030
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August 25, 2018, 03:18:14 PM
 #975

I don't think the world is yet ready for cryptocurrency as this technology is still in its infancy. In my country, for example, more than 98% of the population has not heard of the word cryptocurrency. If you even mention it, people will ask what do they mean. So it's still too early to think of it as a replacement for fiat.

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Peashooter
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August 25, 2018, 03:38:51 PM
 #976

It is not yet ready because there are still countries that prohibit or restrict the use of bitcoin so we need to have solutions or spread bitcoin to people around the world to get more backing than
I agree in your opinion, the world are not ready for cryptocurrency cause not all countries are accepted bitcoin and some country even they recognize bitcoin but some there people are didn't know what bitcoin is, specially in rural areas cause there are no internet connection and even they know bitcoin but in contrary they are lack of knowledge about it. We need to teach them give them knowledge about in cryptocurrency cause we care and we want them to become successful.
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August 25, 2018, 07:23:19 PM
 #977

I think it was ready to change the payment system and the payment method ,because now ,cryptocurrencies has so many purposes here like we used it to invest or to gain and also to buy many things that you can use it for buying.
AllCryptoplus
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August 25, 2018, 07:27:32 PM
 #978

The world is not yet ready for cryptocurrency. I will say everyone is still trying to acclimatize with it.
NatalieVishneva
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August 25, 2018, 07:28:22 PM
 #979

now there are a lot of people using electronic money to trade or buy. This shows that the world is gradually accepting this market.
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August 25, 2018, 08:18:41 PM
 #980

Of course, lots of people are aware of cryptocurrency as a fact: it has been discussed for years now, BUT....
I wouldn't go so far as to say that the world is ready for crypto because there are still a lot of people who don't understand the nature of crypto and, as a result, are scared of it. And in order to be ready to accept it, one must understand what exactly what it is and what they options are. I believe we will see the time when crypto becomes commonplace, but we need to wait for quite a while before it becomes a reality.
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