Is crypto capable of making the world go digital?

[raag1993]

Many such systems have been developed in today's time. Which transforms the normal currency into the form of a digital currency. Because of that the number of people using crypto currency is very low. But there will be a significant increase in the number of people who use crypto currency throughout the world in the future. And the crypto would be that currency. Which will make the whole world digital.

[BIPBot]

This is very possible. The Blockchain technology is a revolutionary one with a lot of significance. As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.

The world is already in a digital era. Take for example healthcare. There are so many advancements like the fact that an A.I was able to assist in an operation in china. Not just this medical records are now being moved to a digital form.

I'm just talking about one sector. There are various others. The entire fundraising has seen a major shift from IPO's(Initial Public Offerings) to ICO's. There are multiple ways to have a business meeting. Skype video calls etc..

Your post is very general. I mean I can appreciate that you have put out a topic like this. But most people already know about this. The world is becoming cashless as in India Paytm is widely used instead of cash.

[TheKeyLongThumbI]

Not the whole world of course but only certain cities that has the capability to support good internet connection. A public wifi will surely boost the use of digital currencies in any cities even if it is in the third world countries.

[Seeker#9]

Wealthy nations are already using digital money in their transactions and their banking services are now fully digital. Their currencies have been in use digitally and the use of paper money is been limited. Cryptocurrencies like bitcoin can also help in making the world fully digital by adopting it and legalizing the use of it. Many are still not aware of the existence of cryptocurrencies and they are prefer fiat for their daily transactions. In cashless society, digitalized fiat and cryptocurrencies can still coexist to give the people a choice they want.

[dimox]

im not sure. but it can be implementation by some place. maybe little space like store. people provide payment via crypto for people that want to make payment in crypto.
its hard because many people use this for their income. yes, we admit it if crypto can make economy better, but the best part is if you can make income and learn more about this technology.

[Vickyrichy]

This is very possible. The Blockchain technology is a revolutionary one with a lot of significance. As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.

The world is already turning into a digital village. Blockchain technology is not responsible for making the world go digital but its just an improved version of the already existing digital technology. Blockchain technology is just helping turn the world into a cashless global village.

[drachman]

patience please.nothing stand against the revalutoion but as everything it takes time because breaking habbits takes time.it wil happen soon or later, im not sure it will decentralized or not but it will happen

It is completely the opposite don't you think? I agree when you say that we need to be very patient but everything stands against the revolution of bitcoin, every single powerful entity doesn't want bitcoin to succeed because that will mean that they will lose some of their power and in the case of banks they stand to lose most of their power and as the most powerful institutions in the planet they do not want that.

[thot_thot_thot]

The digital age has been upon us for quite sometime. It is moving with incredible speed and ferocity throughout the world. Cryptocurrency can solve some issues but it is not as groundbreaking as the possibility of hybrid security offerings that can eventually be tied to these digital currencies. For anyone with doubts of how a security can eventually become an openly traded currency, just look at ETH. It had components of a security offering during its ico, but has become so useful as a digital currency and so decentralized that it is no longer considered a security by the SEC and other leading security regulators around the world.

[hibiscus]

  To my calculations crypto will be capable of making the world go digital but it will take time we can wait and see what happens since the crypto's has the potential to make the world a digital economy .We can hope for a digitized world economy but it is access only to developed countries and the poor countries are not having the capability to that extend .Anyhow the introduction of Bitcoin led to a great and brilliant height of digital world.   

[Anies_Sandi]

in my opinion at this time without world crypto already becoming digital in my country online payment system all transactions are faster practically maybe someday crypto will become a system that perfects what already exists

[S4VV4S]

in my opinion at this time without world crypto already becoming digital in my country online payment system all transactions are faster practically maybe someday crypto will become a system that perfects what already exists

I believe the Blockchain system will become a giant system  in the world where all major companies will use
the Blockchain system and I think very possible Crypto will make the world into a versatile digital.

[shesheboy]

The world is already turned into digital ever since the discovery of the internet and alot of online payments were already introduced in the past before the existence of cryptocurrency  . so the short answer to your question would be no because no matter how technology evolve's , people will still continue to value the traditional currencies because that symbolizes the country and their cultcure .

[resty]

This is very possible. The Blockchain technology is a revolutionary one with a lot of significance. As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.

Absolutely yes, All people now gradually taking a digital processing because this the way by making a quick transaction because of a new generation technology the mindset of people is always fast and growing, always exploring a higher level specially in crypto currency people now is always using it for quick transmitting of any kind of transaction. so I know that after a few years we are all in digital processing.

[Kakruzo12]

Good point. At least, crypto is an obvious way to automate payments, which is one of the key components for digitalizing the world we live in. However, crypto may not even be the very best payment thing invented in the XXI century. Who knows what is yet to come.

[Btcvilla]

This is very possible. The Blockchain technology is a revolutionary one with a lot of significance. As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.

digital technology has been very widely used by the world community for now, and blockchain and bitcoin are part of great inventions in the digital world. I think there are many innovations from the number of crypto for now even though the function is not really visible and is used as a digital currency.

[SilverChromia]

Cryptocurrencies is already doing this world a digital one because of its feature and we know that cryptocurrencies is already anywhere in every part of the world and people are using crypto to pay something like food or clothes or something useful or profitable to them that they can use for their everyday lives and also crypto currencies can also use to help some charities like unicef and that will be a easier method for those people that really want to help others using any crypto currencies and in terms of that we can call it crypto is making steps day after day to a digitized and having a modern technologies.

[nicko122]

This is very possible. The Blockchain technology is a revolutionary one with a lot of significance. As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.

In my opinion, the goal of cryptocurrencies is not to make the world cashless, but to give people additional opportunities and options in financial terms. In the world there are many options for cashless payments without cryptocurrencies.

[zeingrind777]

At present crypto has made the world digital. All the work we do all uses internet technology. We don't have to bother going to the store to buy clothes, cakes, drinks etc. All order processes and transactions can be done only with your smartphone and laptop. Money transactions to all countries with a fast and low-cost process with blockchain technology have also been carried out. this proves that now is the digital era

[Dudeperfect]

Well, it's not just the crypto but even fiat currency is doing the job of building digital infrastructure for the purpose of trade and commerce. However, the real issue lies in the lack of awareness across the globe. We don't have an impressive literacy rate on the international level especially when it comes to technology and hence it is the barrier to the expansion of digital projects. However, the situation will definitely improve down the road.

[drachman]

The world is already turned into digital ever since the discovery of the internet and alot of online payments were already introduced in the past before the existence of cryptocurrency  . so the short answer to your question would be no because no matter how technology evolve's , people will still continue to value the traditional currencies because that symbolizes the country and their cultcure .

This is not true, there are some countries in which their population has given up on the currency printed by their government, a currency is just a way to exchange value among two people and if the governments cannot create a decent currency that people can use people are going to use other currencies despite their love for their country, we have seen that in the past and we will see it in the future as well.