What business industry will benefit the most from cryptocurrency?

[Froy]

Early this evening I was at a friend's housewarming party and I overheard a couple of his other friends talking about cryptocurrency. Since I do not know any of them, I decided to lurk behind and listen. One of them explains what cryptocurrency is and how it works until the whole conversation turned to the industries that will benefit from it the most. The group suddenly went quiet. I think they are lost. So what do you think? If more and more companies start accepting bitcoins and altcoins as payments, which sector do you think will benefit the most from it? The first thing that came to mind is supermarkets, simply because it is the one that most people frequent to. The other thing I could think of is the automotive industry as well as real estate. But what do you think?

Trade is the main engine of the economy of any country, whether external or internal. The remaining sectors only complement it. And of course the development and introduction of technology.

[Andruha1993]

I have thought about this question many times and it seems to me that, like you, in the field of transport and real estate cryptocurrency will be the most popular.

[Pricebrianer]

All industries would benefit. But Those with a more challenge coming from inter country use, I means different currencies, would benefit more. For me I think the Financial and Exchange industry would benefit more. They are already benefiting from Blockchain technology. Faster transactions that are safe forms the backbone.

[iconoclast]

I think a better question is which industries will be displaced by Blockchain. Since Blockchain in its most basic form is an immutable ledger with distributed trust those industries that have been in the business of maintaining ledgers and using institutional trust as there main selling feature are the most vulnerable to displacement.

[jrrsparkles]

If bitcoin was adopted by every people and it becomes the main payment system then people are the one going to get more benefits as well as the people who is getting paid also whatever the industry will be because they mich save their money from using crypto currency like taxes and inflation.

[muzkle]

The industry that benefits most from electronic money is telecommunications. Because of the retail industry, online payment, gambling, tourism ... To use crypto requires telecommunications technology...

[transformt]

I think that if banks start to cooperate and accept cryptocurrency, then in the future they will benefit greatly from all this

[sinkfish]

legislation,trading, supply chain, accountancy, the list goes on.

[gensol]

Organisation's will benefit more. Followed by individual startup. The people who will lose out most is the financial space as people will keep migrating to crypto as mass adoption sets in.

[setupbounds]

Early this evening I was at a friend's housewarming party and I overheard a couple of his other friends talking about cryptocurrency. Since I do not know any of them, I decided to lurk behind and listen. One of them explains what cryptocurrency is and how it works until the whole conversation turned to the industries that will benefit from it the most. The group suddenly went quiet. I think they are lost. So what do you think? If more and more companies start accepting bitcoins and altcoins as payments, which sector do you think will benefit the most from it? The first thing that came to mind is supermarkets, simply because it is the one that most people frequent to. The other thing I could think of is the automotive industry as well as real estate. But what do you think?

Trade is the main engine of the economy of any country, whether external or internal. The remaining sectors only complement it. And of course the development and introduction of technology.

I think finance has been getting their share of benefits thanks to increases and decreases in bitcoin and crypto

in general because of the interest risen in people that makes them call their banks and request information about it. However aside from finance there is a lot of options for both cryptocurrency and blockchain solutions. First of all blockchain solutions have been getting more and more popular each day and getting more and more common however there has been a lot of discussion about what cryptocurrency itself can help out.

I think with mobile apps and payments with QR codes are really the play here, if they get more popular I think brick and mortar stores who are having trouble with online sales can defiantly use bitcoin and cryptocurrency to attract more and more customers easily just because of the popularity of it.