Are altcoins are bridging the Gap between Real world and Crypto World ?

[aoihs00]

Who thinks that the title is at least 90% true here? I mean have you ever seen the Whitepapers and Idea behind the projects that altcoins put to the life? All of them are trying to make the projects which are actually based on the real world stuff.

For example, Debit card that works on the blockchain, Renting through blockchain, Making real estate deals why blockchain and much more projects like these which are trying to connect their crypto coins with the real world payment solutions. I mean if you are going to use the blockchain for the real world application then they do make their coins as payment sources and thus theoretically its like bridging the crypto currencies with the real world!

Do you think this is what happening, either intentionally or unknowingly?

[BloodKnight]

It is certain that more and more projects and cryptocurrencies are linked together, and the value of the blockchain is very high. There are many projects that will come to the future, such as medical care and energy.

[pawel7777]

I don't understand the question. What is "Crypto World"? The term is widely used to describe cryptocurrencies in general (so Bitcoin + altcoins). Essentially you're asking if "altcoins are bridging the gap between real world and altcoins"...

Do bridges bridge gaps between bridges and bridges? I have no answer for you.

[wuvdoll]

It is certain that more and more projects and cryptocurrencies are linked together, and the value of the blockchain is very high. There are many projects that will come to the future, such as medical care and energy.

Yeah, a lot of projects in the altcoin space are linked to some real life product or the other, but at the same time, it is painful that just very few of them are, as a lot are just made out of empty promises with no real life product and in that case, the chances of linking it to the real world is not there. Usually, the idea of having a token or coin is to at least be able to fill up some loopholes or bridge the gap by disrupting the way things are done.

Bitcoin came about as a payment system and some other coins started cloning to come up with the same which at the end it is just an attempt for the developers to make themselves rich. When it comes to real world, a project must have a ready product in the real life that would be accepted and used hugely, and that is the only time we will say there is a bridge of gap.

[talkbitcoin]

Who thinks that the title is at least 90% true here? I mean have you ever seen the Whitepapers and Idea behind the projects that altcoins put to the life? All of them are trying to make the projects which are actually based on the real world stuff.

the question is how real is their work not their idea.

it is too easy to talk, but words are wind. the ideas can be brilliant but as long as they remain an idea and they don't do any actual work on them there is no change in the world. for example if you check out ICOs that have been created in the past 2 years you would think there is a revolution going on in the world but then if you check then now after a long time of them existing you can see that they have not achieved anything at all! they just had an idea, created a token, got paid, went away enjoying that money!

[Davidbaecker]

More and more projects and cryptocurrencies are interlinked. The value of blockchain is very high and getting higher day by day.

[Mikeschmitt]

Though as the invisible money, bitcoin is making such progress, altcoin will give it much boost, as it directly gives a proof of its existence. Also, if altcoin spreads, the exchange would be more frequent.

[Asger223]

Theoritically it can be said that Altcoin is acting like a bridge between the real world and the crypto world. But in reality, it is difficult to say it for sure. Time will say if it will work as a bridge or not.

[ColemanGentry]

With each passing day cryptocurrency is gaining momentum as more people are using it for their needs and altcoins is no exception to this as people are using cryptocurrency to filfill their day to day needs.

[Crypdon]

There are projects to try and carry out those services like renting properties but in reality no-one is using them. Only a few examples exists where an ICO actually succeeds. Check out WAGERR which does decentralised anonymous betting.

[el kaka22]

Well, I would say some altcoins. It is not about the idea they have, it is about the product that is available.

Actually, we are beginning to see a decentralized space with everything going digital and then getting to see tokens and coins that will be utilized on products that would eventually offer some real life usage. Nevertheless, just very few of the altcoins have the potential for growth and in as much as a lot of them are really not valuable as they have no real life product; the only thing they will ever be useful for is pump and dump.

If we start seeing real life usage across board though, things would change. But, I believe bitcoin has all the potential to bridge real world into cryoto space, there would be no need of altcoins in between. This is the real fact but I am sure many altcoin lovers will not be ready to accept this.

[cryptogeek101]

Who thinks that the title is at least 90% true here? I mean have you ever seen the Whitepapers and Idea behind the projects that altcoins put to the life? All of them are trying to make the projects which are actually based on the real world stuff.

For example, Debit card that works on the blockchain, Renting through blockchain, Making real estate deals why blockchain and much more projects like these which are trying to connect their crypto coins with the real world payment solutions. I mean if you are going to use the blockchain for the real world application then they do make their coins as payment sources and thus theoretically its like bridging the crypto currencies with the real world!

Do you think this is what happening, either intentionally or unknowingly?

I think most of the projects about the use of cryptocurrency are very practicable in real life situation, there is a real connection between them and global community. Example,hotel business and the use of the blockchain technology is trending in the international sphere.

[DeltaX]

Who thinks that the title is at least 90% true here? I mean have you ever seen the Whitepapers and Idea behind the projects that altcoins put to the life? All of them are trying to make the projects which are actually based on the real world stuff.

For example, Debit card that works on the blockchain, Renting through blockchain, Making real estate deals why blockchain and much more projects like these which are trying to connect their crypto coins with the real world payment solutions. I mean if you are going to use the blockchain for the real world application then they do make their coins as payment sources and thus theoretically its like bridging the crypto currencies with the real world!

Do you think this is what happening, either intentionally or unknowingly?

I think most of the projects about the use of cryptocurrency are very practicable in real life situation, there is a real connection between them and global community. Example,hotel business and the use of the blockchain technology is trending in the international sphere.

Can you tell me which hotel that has already used the blockchain for the service? i never heard about or did i miss something about that?
This time the majority of altcoin act as security token and i'm still not agree about the statement if the altcoin bring the gap between the real world and crypto world.

[aces777]

Yes they are, if you look at bitcoin there is no way that there is enough supply of bitcoin to serve the entire planet if we were to go all crypto, this is where altcoins come in, they make sure that there is always a supply of cryptos and that there is never going to be a shortage which might lead to scarcity. They are the bridge between the crypto world and the real world

[sergey1301]

Yes, it really is!! Most ico projects, one way or another, are connected with things from real life. I think that this makes cryptocurrency more popular, due to successful projects.

[Herbert2020]

i think that statement is instead 90%  wrong because of the way that majority of altcoins work like. for instance out of the thousands of new tokens that were created lat year alone almost all of them were useless tokens that only used some [n]buzzwords[/b] in their advertisement like "energy, healthcare, AI,..." and only received some temporary attention as they raised funds, got pumped and lost that attention as they were done making profit and dumped the coin down again.

[nulan]

i think that statement is instead 90%  wrong because of the way that majority of altcoins work like. for instance out of the thousands of new tokens that were created lat year alone almost all of them were useless tokens that only used some [n]buzzwords[/b] in their advertisement like "energy, healthcare, AI,..." and only received some temporary attention as they raised funds, got pumped and lost that attention as they were done making profit and dumped the coin down again.

yes that is what I feel, just pumping when sales and some end in cruelty. but for honest developers they continue to grow and still continue to bring the world closer to cryptocurrency as an intermediary and that's good in my opinion but no one is able to ensure this is still a stage of struggle.

[l10no]

this is a public dynamics that we experience now, it will be good if we continue to observe the development of the times today. we can use it or not, that's why all humans want to try and keep trying it until they get good profits, by starting today by making very significant new projects that are close to reality needs