Is the world ready for cryptocurrency?

[rutherford]

If it is said to be ready, of course, the world will always be ready to keep up with developments in transaction or currency technology. If not, we will not have the innovation to develop in accordance with technological progress. For example, a payment system that is now modern, such as a credit card or debit, of course, people have accepted it as a transaction tool and certainly nothing is impossible if digital money (crypto) will be received in the world, even though it takes time to introduce digital money to the world as a tool modern transaction.

[MrRiuss]

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.

not all the world ready for cryptocurrency. the most ready are countries that have good IT infrastructure and knowledge.

[Karis2018]

I think the digital currency showcase is at a beginning period, the world will require more opportunity to truly acknowledge the crypto. Bitcoin and numerous cryptographic forms of money will steadily supplant cash fiat yet not currently.

[jak3]

I think we are ready for this. People can no longer survive on the brutal banking services which are crushing a common man under there loan amount. Almost every person has a house and a car and a loan. Man is that even they are making us slave. Be free switch to cryptocurrency with only one disadvantage instead of hundreds that is your privacy protection is not guaranteed and only simi anonymous. So if someone is trying their best to track you down then they will find you because there are a lot of factors except crypto itself.

[kr105]

Blockchain, bitcoin and cryptocurrencies are the newest technologies, such technological developments initially slow to progress. After a certain phase, new technologies will rapidly spreading around the world and everyone will becomes using them.

[kalopaw]

If you wait for the world to be truly ready, then it will never be done. Indeed, the world should be a little forced to crypto and for something new. For the sake of a better future

[glaszy]

he world is very unready for that. There are various factors that make the world not ready for crypto currency. One of them is technology (internet and so on) that is not evenly distributed and systems on crypto coins that the government and banks cannot yet adopt.

[Rozita]

Blockchain, bitcoin and cryptocurrencies are the newest technologies, such technological developments initially slow to progress. After a certain phase, new technologies will rapidly spreading around the world and everyone will becomes using them.

Yes it takes a long time especially when there is no owner for that technology. Other new technologies are advertised every where. But bitcoin is different from them.

[Criptomen]

In the near future, paper money will be replaced. It will quickly supplant them as a means of payment. Possible candidate for this place is bitcoin or another crypto currency. While digital currencies still have many shortcomings, they can disappear with the advent of high-speed payment networks (such as the Lightning Network of bitcoin) and other scaling solutions.

[DPrillio]

Blockchain, bitcoin and cryptocurrencies are the newest technologies, such technological developments initially slow to progress. After a certain phase, new technologies will rapidly spreading around the world and everyone will becomes using them.

Yes it takes a long time especially when there is no owner for that technology. Other new technologies are advertised every where. But bitcoin is different from them.

Yes you have the points that crypto currency will not even be push since there is no particular agency claiming as originator, that is one of a good feature of being a decentralized system that no one can easily alter because it was own by all the nodes from the people who use internet around the world, and yes the world is ready for crypto currency because we already have an advance internet system that makes the whole world closer and because of the internet everyone of this world can virtually explore the whole world or we must say that the world is within our touch.

[lamadu3]

The world is not yet ready but some people (and even millions of them) are. If they take their time and spread truthful and encouraging information about the crypto and BTC, they will add new cryptocurrency fans to our army.

[CLAID]

No the world is not ready yet but it will be very soon and that is the main reason even there are many cryptocurrencies today in the market like Bitcoin they are used as assets but not widely used as currencies and also Business adaptation level is very minimum in any currency mainly because unlike major fiat currencies like USD Bitcoin and other alternative currency prices are unstable at the moment so stakeholders are scared to use them in business transactions .

[dificanovi]

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.

in my opinion the world is not ready for cryptocurrency because there are still many countries that still have not received bitcoin as a payment instrument, I think it takes a long time for the world to be ready to accept cryptocurrency. now we can only use crypto currencies to invest and trade.

[Kahoy01]

The world will only become ready to use cryptocurrencies if most of the businesses will accept virtual currency as payment. The blockchain technology is becoming more popular and more stronger than before.

[ailyn47]

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 and definitely it would be.  However, the real question lies on what do we do for the future. Since we cannot undo the future; thus we can only make is to predict that it will soon be good for the community. The world is ready however, we cannot say if real people would have to do or not. As we observed people tend to follow and forget on recommending something but just to use only.

[alexgreen8012]

I think we cannot say that for sure that world is ready for cryptos and digital currencies. one primary reason for that is crypto is still being unkwown to the masses and secondary not everyone has access to internet and all. Only a small percentage of world know about crypto and that is stopping mass adoption of crypto.

[spadaccino]

Yes I think it's ready - but it needs institution approval like SEC or sonething to go mainstream. Because otherwise those who does not IF come in or whatever, they will keep their savings in bank account. And no fresh monet will come in.

But if the govs recognise it like a legitm form of payment, many merchants start to accept those kind of crypto payment and make it really happen and not only for short investment or specultion as it has been happening for long.

[olyolali]

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 bitcoin. because now bitcoin is very well known almost all over the world. and if that happens it will make good news and make the price of bitcoin rise.

[diego ramos]

You are very right and I think the world is ready for it but alot can still be done to further prepare us which includes proper regulations of the cryptography currencies

[Gabb]

It is necessary to take into account that the use of cryptocurrencies goes far beyond their use as money, payment processor or store of value, and each day new utilities are found at least in their original concept, the blockchain. And the world seems to be accepting this technology without any problem.

However, the problem arises when cryptos are used as a substitute for national currencies. In this sense, central banks will always be very reluctant to use it and it seems that current legislation is not prepared for its intensive use as a substitute for fiat money.