How adoption will happen

[salmanahmedone]

Japan is one of the few countries who openly legalized bitcoin in their country. Other countries will soon adopt bitcoins and crypto.

[1715110049]

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[1715110049]

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[DAVETUN]

Mass adoption will take place in developed countries, with current technological advancement, such countries are U.S.A, China, Japan, and most of the major developed countries, because of the relevance of CRYPTO to the global word, the adoption rate will increase and later flow to developing countries.

[goaldigger]

Is it going to start with poor countries and their dictators?
Is it going to start in the USA with their SEC and ETF and everything?
Discuss.

Cryptocurrency is already legal in almost all of the countries worldwide and we should thank the government for it. Adoption is easier this way. I guess we need Japan to start the production of this gadgets and technologies who supports the crypto transaction because we cant rely on China in this matter.

[Yakamoto]

Mass adoption will take place in developed countries, with current technological advancement, such countries are U.S.A, China, Japan, and most of the major developed countries, because of the relevance of CRYPTO to the global word, the adoption rate will increase and later flow to developing countries.

Ironically a lot of the adoption potential comes from people who are disillusioned with their country's economy, the relatively high technological environment just makes it easier for people to find ways that they can truly voice and act on their displeasure with the current environment. Bitcoin is another means of realizing that malcontent and finding a way to "escape" from their situation.

Luckily, the countries of the US, China, among others, have a more than eager population who dislikes their country's situation and wants to find some rebellious means of acting. That will be the way Bitcoin is adopted. But if Bitcoin doesn't continue to appeal to that crowd, or the community fails to innovate in a way that encourages "normal" people to get involved, then it won't be adopted in the way everyone wants it to.

[Script]

The adoption of cryptocurrency is already underway. But do not expect it to happen all at once. There is still a lot of skepticism about this, even at the state level. And I think that adoption should quickly occur in economically developed countries, as there are a large number of economic and technical prerequisites for this.

[breathlessz]

The adoption of cryptocurrency is already underway. But do not expect it to happen all at once. There is still a lot of skepticism about this, even at the state level. And I think that adoption should quickly occur in economically developed countries, as there are a large number of economic and technical prerequisites for this.

I agree, a large adoption will occur if the government accepts cryptocurrency, so that there are clear laws and generate trust in the people. hopefully this year there will be a big change

[ufaiz50]

Is it going to start with poor countries and their dictators?
Is it going to start in the USA with their SEC and ETF and everything?
Discuss.

USA has a fairly high influence, I think for adoption it might be with the SEC, from what I see the development of adoption in developing countries is much faster, maybe because of problems or shortages in terms of financial transactions, they tend to see cryptocurrency as their solution to overcome these shortcomings.

[Ezenwanyi]

I believe that adoption of the blockchain technology would start from sec and then the public.
The way things are going in cryptosphere with regards to the sec, I think the sec has overwhelming influence over blockchain.

[Naida_BR]

I believe that adoption of the blockchain technology would start from sec and then the public.
The way things are going in cryptosphere with regards to the sec, I think the sec has overwhelming influence over blockchain.

No SEC is going to bring the mass adoption of the blockchain technology.
It is going to start if companies and large organizations will start using this advancement and the benefits of it will start being shown in the real economy. Then, lobbies are going to push for mass adoption and bring the new trend of cryptocurrencies and blockchain into effect.

[Ranly123]

Is it going to start with poor countries and their dictators?
Is it going to start in the USA with their SEC and ETF and everything?
Discuss.

Adoption will start from individuals who truely believes in cryptocurrency. Each one of us who's believe in what cryptocurrency can bring to the table adopts in it's technology and it's a no question on how it will happen because it already happened in each and every one of us.

[Cherylstar86]

Is it going to start with poor countries and their dictators?
Is it going to start in the USA with their SEC and ETF and everything?
Discuss.

Adoption will start from individuals who truely believes in cryptocurrency. Each one of us who's believe in what cryptocurrency can bring to the table adopts in it's technology and it's a no question on how it will happen because it already happened in each and every one of us.

 
 The acknowledgement of taking crypto to be widely open around the world is difficult to visionize, due of some countries does not shown interest to learn its fundamentals. But some country widely adopt crypto as it had been developed promising and interesting on which pleading a viable conclusion fund. Maybe it takes more time before it will launch widely open nationwide and take it illicitly without doubt of the governments.

[StarofBTC]

It's not going to happen anytime soon, the SEC won't pass it anyway. But don't worry, adoption is almost here, I myself do almost over 50 percent of my spending in crypto each month, so I assume as soon more business will accept crypto, the adoption will happen in a maximum growth rate.

SEC already know that they have no authority over cryptocurrency, and whether they pass it or not, people will continue to use cryptocurrency for one or two of their transactions, just like you and myself.

 I receive some payments through crypto, I send some and some of my received money are stored in my crypto wallet and not bank, although I only store my money in only Bitcoin wallet because I cannot trust any other wallet out there with my work income and very soon, once many companies adopt cryptocurrency, they might start paying their staff too in crypto, making everyone belong to this community and Sec will have no choice than to surrender.

[Barbut]

Numbers now are higher than they were when I started, there were some discussions about it, as I remember in 2015 something between 1% and 3% were involved in cryptocurrencies. After 2107 situations is different, hype from that year brought many new people in crypto. What we can expect? Numbers will continue to rise until they hit 100%, and that will happen in future, when exactly, some rough prediction would be 20+ years from now.

[wuvdoll]

I think people who wait for gradual adoption is going to wait for a lot, we have to really make it happen very quickly with a method that is so quick it should be instant. For example like a paper money type of bitcoin where the money is literally in it and you can do like a QR code reading or something. Or a mobile app that will help everyone move money around so commonly and connected to all banks in the world via something.

I don't know which coin or which app would do it but when that happens we will get away with soooo much adoption. It is really not that common that people can wait for years and years to get the adoption rate high, eventually they are going to get bored with it, so we need to get it really fast.

[n0ne]

Till date majority of people have begun to use bitcoin through the word of mouth spreading. This when gets an further spreading automatically as a chained process it keeps growing further. Mass adoption happens when country's accept bitcoin usage with legal support similar to the one that happened with Japan. As more Marketplaces have begun to accept bitcoin same as fiat can expect good level of adoption to continue.

[strunberg]

Till date majority of people have begun to use bitcoin through the word of mouth spreading. This when gets an further spreading automatically as a chained process it keeps growing further. Mass adoption happens when country's accept bitcoin usage with legal support similar to the one that happened with Japan. As more Marketplaces have begun to accept bitcoin same as fiat can expect good level of adoption to continue.

more merchants or marketplace start acceptiong bitcoin as payment gateway and government legalize it adoption will started.at this time now its already started, some countries review about advantages and disadvantages if they legalize it.

[kumala_abi]

Till date majority of people have begun to use bitcoin through the word of mouth spreading. This when gets an further spreading automatically as a chained process it keeps growing further. Mass adoption happens when country's accept bitcoin usage with legal support similar to the one that happened with Japan. As more Marketplaces have begun to accept bitcoin same as fiat can expect good level of adoption to continue.

more merchants or marketplace start acceptiong bitcoin as payment gateway and government legalize it adoption will started.at this time now its already started, some countries review about advantages and disadvantages if they legalize it.

it will happen in near future.we have to optimistic this thing could happen to bitcoin or other cryptocurrency.blockchain was technology that will bring massive changes and we need it.

[coin-investor]

Is it going to start with poor countries and their dictators?
Is it going to start in the USA with their SEC and ETF and everything?
Discuss.

My pick is it is going to start in the USA with their SEC and ETF and everything, we all know that the US is a superpower anything they do will have an impact in the economy of other countries if they begin adoption of Cryptocurrency, other will just point, if this is legal in the US why not here, and so adoption begins in the US.

[Kimonoe]

Is it going to start with poor countries and their dictators?
Is it going to start in the USA with their SEC and ETF and everything?
Discuss.

My pick is it is going to start in the USA with their SEC and ETF and everything, we all know that the US is a superpower anything they do will have an impact in the economy of other countries if they begin adoption of Cryptocurrency, other will just point, if this is legal in the US why not here, and so adoption begins in the US.

The US has influence on other countries in the world. with the start of the US adopting bitcoin, it will certainly accelerate mass adoption. and of course here the role of government from each country is very influential

[swordling143]

Adoption has been happening already as cryptocurrency is slowly gaining popularity over the years now. Total adoption, on the other hand, is yet to take place. For it to be able to reach that level of ubiquity, the government and its regulations should be involved. Why? trust issues. I don't think the rest of the world would be willing to invest in something that is extremely volatile. If the government and banks give their full support, there is a mighty good chance for this event to happen.