A better way to bring about adoption of blockchain and crypto-currency

[cr1776]

There can be no adoption without regulations, so that's the first step. After that, the companies need to study the blockchain and see its advantages over old tech. And then, they need to feel the need to actually start using them to stay ahead of the competition, and ensure that they won't be left behind. Many are already exploring the technology and thinking about different use cases and its potential, but I don't expect many would actually implement it without it being properly regulated. They risk too much otherwise.

There was plenty of adoption without regulations.  Decreasing regulation is one key to adoption

Adding more regulation will only slow adoption.

Adding more anonymity will be helpful to adoption.

[acroman08]

Hello everyone...
 Seeing as the Blockchain industry and crypto-currency market are still running low on adoption.

 It prompted me to create this, as an Avenue to share our thoughts about how maximum adoption could be achieved in these industries.

What is your take on this?  Which better can we drive adoption to the blockchain and crypto-currency industry...
  Your opinion matters

 Hopefully,  a lot them will go a long way in boosting the participation in these industry.

Information about bitcoin, this is probably one of the reason people avoid bitcoin thus slowing it's adoption. people have no idea what bitcoin is they are clueless about it and even
if they have heard about it they only know that it is a digital money and has been used for illegal activities(this is what I saw/heard from the mainstream media) if people
were informed properly about its system/process it's purpose etc... people might consider trying it.

[bounceback]

the development of the blockchain industry is increasingly massive, we see in several countries governments must be able to collaborate with blockchai and other cryptocurrency technology developers to encourage the adoption of blockchain that can be applied in various industries to make it easier for them. Blockchain can benefit the industry along with transparent and efficient business processes.

[Eugenar]

They will prefer to adopt blockchain technology but I don't know they will interest to adopt cryptocurrency. Such as in my country, there are many start-up who use blockchain as their main system which is mean my government has open mainded into blockchain. But so far, they only accept cryptocurrency as an investment place only and they won't take any action when there is someone who lose a lot of money on it.

Blockchain is an useful technology in my opinion and the government has known it. So, they won't ever have a reason to ban it or prohibit their citizen to use it. I don't know where exactly did you live and why your government still decided to not adoption this technology. But I'll agree if your country still ban cryptocurrency and I think blockchain and cryptocurrency is really different.

Basically, cryptocurrency and the blockchain technology is mostly connected, so whenever in case that a cryptocurrency will be adopted in a particular point, its blockchain technolgoy will be then adopted as well. Another thing here is that, people. if they are interested in a coin or crypto, they will do their research about it,  and if so, they will figure out, what the blockchain technology of that crypto is.

[KnightElite]

Lack of promotion is the reason why peoole have still lack og knowledge about what is blockchain technology. They can be aware if we will inform them, people in my country became aware to what it is after our government regulate it.

[error08]

Recently, the Japanese crypto trading giant called coincheck cooperate with some gas companies in Tokyo allows the consumer to pay their gas bills in bitcoin and get rebate promo. That's one way to promote bitcoin, however, it can be done if the government regulates bitcoin utilization.
But there are some countries banned bitcoin being used as a currency but allow to trade it, citizens still can use it to pay something under the radar though. Exchangers and bitcoin users can promote bitcoin through community gatherings.

[karanggatak]

when every store or service accept payment use crypto, i think this is the fast adoption we have. its all about habitual, you can change your mind, your daily, behavior, act, becausr of habitual. to whom you met, where you are, and crypto can apply if like some service accept payment use this method. people that dont know about this will ask, and maybe learn little by little, and as time goes by people get used to crypto as payment method. but dont forget how government act to crypto, they accept or reject it

[Kyraishi]

Recently, the Japanese crypto trading giant called coincheck cooperate with some gas companies in Tokyo allows the consumer to pay their gas bills in bitcoin and get rebate promo. That's one way to promote bitcoin, however, it can be done if the government regulates bitcoin utilization.
But there are some countries banned bitcoin being used as a currency but allow to trade it, citizens still can use it to pay something under the radar though. Exchangers and bitcoin users can promote bitcoin through community gatherings.

Yep, I did see that in the news, it's quite interesting that there are programs for companies and more initiatives that some countries implement to promote Bitcoin adoption.

I do think we need to see more of these promotions occur in other large countries (looking at china and America) - otherwise there's really no point for these companies to start accepting and dealing with something most of them don't know about.

[nasipadang]

Hello everyone...
 Seeing as the Blockchain industry and crypto-currency market are still running low on adoption.

 It prompted me to create this, as an Avenue to share our thoughts about how maximum adoption could be achieved in these industries.

What is your take on this?  Which better can we drive adoption to the blockchain and crypto-currency industry...
  Your opinion matters

 Hopefully,  a lot them will go a long way in boosting the participation in these industry.

Honestly this is an interesting topic of discussion, I have read some replies, and varied information according to their respective opinions. In my view, what should be done to increase adoption, because there are still many who are blind to digital technology and many who do not know anything about the concepts of cryptocurrency and blockchain, I mean here they know only a bitcoin name. Many assume that bitcoin is anonymous, anonymous here is like a taboo concept, whereas if we see anonymous can help us to make freedom of transactions and no other party can interfere with our transactions. The first thing to do is to change the mindset of the people and the government itself, that cryptocurrency is highly favored especially with its technology,

[barabarian1]

There can be no adoption without regulations, so that's the first step. After that, the companies need to study the blockchain and see its advantages over old tech. And then, they need to feel the need to actually start using them to stay ahead of the competition, and ensure that they won't be left behind. Many are already exploring the technology and thinking about different use cases and its potential, but I don't expect many would actually implement it without it being properly regulated. They risk too much otherwise.

Yes, I think you're right, we need government regulation so that adoption of cryptocurrency and blockchain technology can be realized. with the existence of a regulation will be able to reduce the fraud that often occurs in cryptocurrency. and with the regulation of investors and large companies will feel safer. because someone is protecting them. but the regulation that I mean is regulation in the transaction process. not  regulating and controlling the value of cryptocurrency.