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Author Topic: Mass adoption growing or decreasing?  (Read 1593 times)
EmmaBen
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September 18, 2019, 05:44:02 PM
 #81

With more recognition and acceptance coming in for the blockchain innovation, I can say adoption is growing at a pace that has never before been seen. Recently, the introduction of blockchain in the small and medium scale business sub-sector, the world is prime for more crypto adoption owing to the fact that, MSMEs drive world economies and continue to be the primary ingredients of micro economies. This is only the beginning and more utilization of the blockchain technology is going to be known.
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September 18, 2019, 06:47:29 PM
Last edit: September 22, 2019, 04:33:10 AM by Danslip
 #82

Adoption of cryptocurrencies is still growing year by year. I believe in the past 10 years adoption of cryptos has been increased. Many developments have been done in the past 10 years. You can see many countries are planning to adopt or legalize cryptos in their respective countries.
As you mentioned the adoption of the crypto world will increase day by day. Many countries want to adopt crypto,but l don't find it a good idea, many people including me prefer to choose here because here is not controlled by anyone. If any country adopts crypto, it would happen because of it will be used their power to continue their piggish advantages and absolutely control people. The greater the rate of mass adoption happens the more powerful the next Bull run will become. There are many crypto supporters and people will choose the revolution than old fashion financial system.

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September 18, 2019, 08:07:04 PM
 #83

Following 10 years of presence, the subject of whether the mass reception of digital currency has been begun is still bantered in the space. I would like to ask specialists in the crypto and blockchain businesses is there or have there be any huge crypto mass adoption compare to 10years ago?

I think ten years is too short to judge whether adoption of crypto is growing or not. But what we can take as positives from crypto in the last decade is that it has gained popularity and I believe that with this exposure, it is only a matter of time before mass adoption will take over

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September 18, 2019, 08:34:46 PM
 #84

Following 10 years of presence, the subject of whether the mass reception of digital currency has been begun is still bantered in the space. I would like to ask specialists in the crypto and blockchain businesses is there or have there be any huge crypto mass adoption compare to 10years ago?
Mass adoption is growing slowing, and just like they said, slow and steady wins the race, I think this is the nature of this space now. However, when you check many news channels, be it on Telegram or twitter etc, you will see traces of various platforms adopting blockchain or certian cryptocurrencies they think will work perfect for them. In addition, I think for mass adoption to be achieved quickly, then there is need for us to focus on those projects which are trustworthy and worth the money, not some random projects filled with hype which dies off as quickly as possible. Thus, by focusing on good projects with working products, mass adoption will be quicken.

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September 18, 2019, 08:44:21 PM
 #85

I’m certainly not an expert, but I have been on the cryptocurrency market for 3 years and I can say that I have not yet seen that cryptocurrencies are massively used. Perhaps blockchain is more suitable for this definition, since the technology itself is actively used and developed. As for cryptocurrencies, there can be massive use only after official recognition around the world.
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September 18, 2019, 08:59:44 PM
 #86

I would say growing. It is not as fast as people expected but its surely happening but gradual. Look around you and you see that almost many mobile and telecom companies like HTC, Samsung,  Huawei are now in the blockchain space. Next is the Ecommerce sector because I expect to see Amazon and Alibaba joining the party soon

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September 18, 2019, 09:13:37 PM
 #87

If there had been any mass adoption, we will not still be clamouring or reiterating that we need mass adoption, because one it has come, it's chere to stay. However, better projects are needed to accomplish it. Before that can be attained, more countries allow need to adoption cryptocurrency and not just the block chain technology.
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September 18, 2019, 10:26:02 PM
 #88

It's growing
Currently we have Facebook launching own cryptocurrency backed tokens.
Today Binance America received the licence to trade securities so mass adoption of cryptocurrency is increasing.
Bakkt is also going to launch in the coming few days and in the same way a lot of other institutions will come to adopt bitcoin and cryptocurrencies which is a sign that in the coming future the mass adoption will be much bigger and faster compare to the past. It is obvious from the current struggle for the cryptocurrencies that in the coming future cryptocurriecies will be the mainstream. these coins will be adopted all over the world and people will rely on these coins for all of their local and international trades and businesses.

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September 18, 2019, 10:53:18 PM
 #89

I would say growing. It is not as fast as people expected but its surely happening but gradual. Look around you and you see that almost many mobile and telecom companies like HTC, Samsung,  Huawei are now in the blockchain space. Next is the Ecommerce sector because I expect to see Amazon and Alibaba joining the party soon
Slowly but surely. Blockchain technology began to be adopted in various fields to bring it to a better level. Blockchain provides a lot of effectiveness at work, such as time and energy. Likewise with the use of cryptocurrency, this goes hand in hand. Providers of game, movie, and various other entertainment media services have begun implementing cryptocurrency as payment, local market places have also begun to adopt this. Make it easier to use it with daily life. This is a good sign.

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September 18, 2019, 11:08:41 PM
Last edit: September 19, 2019, 01:21:39 AM by mr_random
 #90

It's growing
Currently we have Facebook launching own cryptocurrency backed tokens.
Today Binance America received the licence to trade securities so mass adoption of cryptocurrency is increasing.
I agree the current crypto projects are growing due to the increasing line of the requirements for the mass adoption. The Libra coin will also increase the awareness but there is so much FUD going around Facebook's crypto payment plans. The security trading platform of the Binance US will surely affect the speed of the adoption, eyesight of my expectations is higher compared to the last years. The growth of the altcoins will begin a fresh start for the mass adoption, the consequences of the mass adoption will make a financial system a better place. Perfect solutions don't exist but we have a control to make it a real solution for the traditional financial world.
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September 18, 2019, 11:42:40 PM
 #91

Following 10 years of presence, the subject of whether the mass reception of digital currency has been begun is still bantered in the space. I would like to ask specialists in the crypto and blockchain businesses is there or have there be any huge crypto mass adoption compare to 10years ago?
10 years! This isn't little time to any market grow. Bitcoin adoption was huge than we believed. If you did this coin adoption, "ThoreCoin" pumped was good this year. In USA already over 40 percent knows Bitcoin but 10 ago was known little people about Bitcoin.
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September 19, 2019, 12:40:12 AM
 #92

The interest of facebook in crypto alone should tell everybody that there seem to be a certain level of growth in the adoption of crypto. Companies fear legal issues that is why they do not want to put themselves fully into crypto to face their respective country laws on these new world digital currency which has taken the whole world by surprise.

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September 19, 2019, 01:12:33 AM
 #93

Mass adoption has indeed increased over the past 10 years. Even the number of users on this forum has increased over the years and I believe everyone on this platform too is a crypto users. Now some shops accept btc transactions and many other use cases

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September 19, 2019, 01:51:35 PM
 #94

Definitely!  Mass adoption of Both Bitcoin and Altcoin had been increasing/growing this past 10 years.  The proof for that is different country's stance and reaction towards cryptocurrency.  Way back, they just ignored cryptocurrency not taking any action because it only have a small number of supporters but now, different countries had been implementing regulations which means adoption is taking place and it is growing fast.
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September 19, 2019, 02:18:00 PM
 #95

Definitely!  Mass adoption of Both Bitcoin and Altcoin had been increasing/growing this past 10 years.  The proof for that is different country's stance and reaction towards cryptocurrency.  Way back, they just ignored cryptocurrency not taking any action because it only have a small number of supporters but now, different countries had been implementing regulations which means adoption is taking place and it is growing fast.

very precise, as time goes by I think mass adoption has begun a long time ago even if this evidence is not strong it can look back right when bitcoin prices rose sharply in 2017. Since then new entrants have begun to emerge and well-known companies are starting to become interested in developing Blokchain technology especially companies Facebook, they plan to develop their own cryptoqurrency.

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September 19, 2019, 02:19:15 PM
 #96

I can tell that the adoption is rapidly increasing and will increase more.
With the LIBRA project, it scares many government as the cryptocurrency is gaining more power to get more adoption locally.
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September 19, 2019, 02:47:58 PM
 #97

Definitely!  Mass adoption of Both Bitcoin and Altcoin had been increasing/growing this past 10 years.  The proof for that is different country's stance and reaction towards cryptocurrency.  Way back, they just ignored cryptocurrency not taking any action because it only have a small number of supporters but now, different countries had been implementing regulations which means adoption is taking place and it is growing fast.
Really?
Mass adoption is when a cleaning lady in a kindergarten in Cuba (hyperbole Wink) knows at least a few altcoins. She knows, because it will be used by her friends or herself.
Currently, there are places where they do not know about BTC and cryptocurrency in general.
All these crypto noises arise in a rather narrow circle of people or among some categories of people. Perhaps over the 10 years there is some recognition, but not massive, Definitely Grin.

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September 20, 2019, 05:58:14 AM
 #98

The adoption of crypto continues to overgrow throughout the world and is the most attractive investment for many people. And even some public companies plunged into crypto either with payment ideas or with other ideas. One of the big news this year is Facebook officially jumped into the Cryptocurrency world. The report will undoubtedly have a positive impact on crypto as it will attract many people to cryptocurrency.

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September 20, 2019, 06:44:14 AM
 #99

The adoption of crypto continues to overgrow throughout the world and is the most attractive investment for many people. And even some public companies plunged into crypto either with payment ideas or with other ideas. One of the big news this year is Facebook officially jumped into the Cryptocurrency world. The report will undoubtedly have a positive impact on crypto as it will attract many people to cryptocurrency.
more and more big companies are entering cryptocurrency, I think it will bring a good impact. Moreover, we know that Facebook is used by almost everyone, so that it will be easier to promote cryptocurrency to all citizens of the world. and finally with more and more adopting crypto, it will increase demand

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September 20, 2019, 01:02:28 PM
 #100

I take it that “mass” means global? In that sense, we have huge moves. Country after country start projects concerning crypto. Isn’t it a sign?
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