Mass Adoption = Instant mobile transactions

[Mikell556]

I was just discussing this with a friend the other day about how mass adoption of crypto will have be as easy as a venmo request and payment to someone. Right now tech is quite clunky and seeing peoples' keys can be intimidating to any new comer. What do you think will happen?

Do we have any projects in the works that help with this currently? I know Elixxir is in the works to make a messaging and payments app but they are still in alpha. I could see Lightning Network creating some sort of app

Mass adoptation of cryptocurrency is only a matter of time. For 10 years, the audience of cryptocurrency and in particular Bitcoin has seriously increased. Many people have not only heard about Bitcoin, but also have experience using one or another cryptocurrency.
As for information about cryptocurrency, then any modern Internet user at least once, but heard about the existence of cryptocurrency.

[DarkEagleMan]

I believe that the use of the mobile phone to carry out instant transactions would not help too much the massive adoption of cryptocurrencies, because the vast majority of people use the mobile for communication and entertainment purposes, not to carry out their financial transactions. In fact, there are already banking applications capable of doing this, and yet its use is not widespread.

But perhaps the acceptance of the banks to carry out transactions with cryptocurrencies could be more useful in that sense, as well as the use of simple platforms to make minority purchases in neighborhood stores and department stores.

[blokklanc]

For mass adoption we need fast and secure transactions on easy and convenient way.
It has to be designed for ordinary people and not for tech people. Many project are
working on such solutions and I am sure there will find solutions.

[takngantuk]

not really, in my opinion mass adoption is a real use not for investments such as payments, transfers between countries or whatever. crypto is projected to destroy the boundaries that have existed because of traditional methods. so there is no need for instant transactions, because whatever type of use it is as long as it is used by everyone, it includes mass adoption.

[Bitfling]

not really, in my opinion mass adoption is a real use not for investments such as payments, transfers between countries or whatever. crypto is projected to destroy the boundaries that have existed because of traditional methods. so there is no need for instant transactions, because whatever type of use it is as long as it is used by everyone, it includes mass adoption.

I think instant transaction needed if we want mass adoption. Visa and MasterCard processing transaction more than 24k per second and if want to disrupt Visa and MasterCard, i think crypto transaction per second should be more than both. Merchant will more comfort if the transacion processes more faster

[jjbanks994]

If you think about it from a user's perspective I think there are different use cases who will want specific details. For the general consumer scalability will be key but in the interest of the crypto community people will want privacy especailly on their mobile device. that's why I believe this project to be promising because it obscures metadata for both payments and messaging

[Myraidcoins]

I think safety is more important than convenience. If the changes that you want to appear to not affect the security of cryptocurrency, then these changes can be implemented.

[alexsandria]

I was just discussing this with a friend the other day about how mass adoption of crypto will have be as easy as a venmo request and payment to someone. Right now tech is quite clunky and seeing peoples' keys can be intimidating to any new comer. What do you think will happen?

Do we have any projects in the works that help with this currently? I know Elixxir is in the works to make a messaging and payments app but they are still in alpha. I could see Lightning Network creating some sort of app

We have here on our country that we called, coins, coins pro, and abra. These application let us utilize the cryptocurrencies that we have and to allow us to use it on different transaction such as paying a friend, paying bills, buying items and etc. I hope this apps should be widely adopted further soon on the market.

[AgentZero23]

You check on Telcoin as they are now testing the wallet. You can send Telcoin tokens using your mobile number. It's really cool and knowing that you can send a token like text messages. And in the next two years we will only be using our mobile phone to pay our goods and bills, with no fiat involved.

[melomanskiy]

Only ignorance and unwillingness to understand the whole system looks frightening, but without knowledge we cannot move on. Many adhere to the principles and prefer to use the old, well-established methods of working with financial markets, but this is not correct. We have to go ahead.

[mensahkkofie]

Mass adoptation would surely happen but we need to give time to the rest of the world who are still facing strong antagonism from governments in their respective countries. Without the support of major countries with strong economy, mass adoption would really delay for sometime.

[rmilly]

I want to see a quick payments mobile app be super successful especially one that says they will provide extra privacy like elixxir

[Labumi]

I think safety is more important than convenience. If the changes that you want to appear to not affect the security of cryptocurrency, then these changes can be implemented.

I think you better take the safety and benefits that you can get, because there are a number of methods they prefer to be uncomfortable but can get a lot of profits and can stay safe, most of them prefer such methods to grow their assets.

[Pffrt]

For instant transactions through mobile, you can use DeepOnion android app if you are talking about any coin. However, for btc, it's yet not possible as far as I know.

[yesyes18]

Actually, crypto mass adoption isn't only about millisecond transactions. It's about DApp usage and other platform usage. Have you asked yourself why volume of Bitcoin can reduce even at a higher price value, that's because at that moment, the buy/sell pressures weren't around. In the same way, should many people adopt cryptos, the initial days will be troublesome for us but with time that pressure will reduce and it wouldn't be much focused on millisecond price transactions. I mean, adoption isn't only about money transfers. Crypto is a world on its own and not just a financial venture.

[hrunya102]

We still need to make it as safe as possible, and now you can use mobile wallets to make transactions.

[Pagri]

It is true that this type of technology could be very useful, but it is not the main key to a massive adoption. Above all, people have not come too close to cryptocurrencies because of their ignorance of how they work, the advantages that could bring them in their daily life, and because in most communities there are not too many options to use them in our daily expenses.

Once we advance in overcoming these serious problems we could then begin to implement technologies to facilitate their use, but in the face of low demand I think that this type of solution can still wait.

[voltesbit777]

Faster mobile transactions in only one of the requirments of mass adoption and scalability. But the issue that we.need to resolve first is the transaction time of most platforms. Even there's the presence of great mobile apps, but the transaction is very slow in the main platform, that is still a problem. Better to improve the platforms and blockchains to have a smooth processing.

[zulfi125]

As you know in coming days new technologies adoption is very fast and growing day by day, so you know whats up also introduced BTC and altcoins messing payment system .

[CryptoAlphaStar]

I love the title. And completely agree with it.
We won't see mass adoption, until crypto is easily and fully used in mobile.
Computers are for geeks. The masses have their noses in their smartphones, wasting their time all day long with stupid cats, games, pics, etc. Crypto should go there for mass adoption.