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

[Pumared]

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.

Producing content with images, videos, and text already helps make people inclined to research cryptos. Quality content is still needed for our community, and showing that cryptos can be used is another way to encourage their use.

[ice098]

You can make ads regarding the uses of blockchain technology, because many of them didnt know the advantages of our system. You mag create an artilcle to in whick you may tell what are the steps in order for them to create wallets, to trade and to earn. Proper knowledge that we will give to them is the greatest approach we can give.

[adzino]

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.

The best way is to make people aware of bitcoin and crypto currencies is to spread out its knowledge. People should be made aware of the financial freedom they will be getting if they use crypto currencies. Again, they should be taught not to focus too much on the negative aspects of crypto currencies since the weight of positive aspects is higher than those of negative aspects. They should be shown all the advantages of using blockchain in different sectors. Finally, they should be taught how to use them (not a difficult task since using crypto currency is as easy as sending money from paypal).

[Lalafell]

The best way to make people aware of bitcoin and crypto currencies is to spread out its knowledge. How it may possible? Producing some content with images, videos, and text already helps the people to be aware on what are cryptos really is. Quality content is still needed for our community, and showing that cryptos can be used is another way to encourage their use.You can make ads regarding the uses of blockchain technology, because many of them didnt know the advantages of our system. Sharing some quality content about cryptos on your social media accounts could be a helpful thing to spread knowledge.

[lobat999]

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.

Government participation. Really, the only reason why companies are afraid to adopt crypto is cause the government hasn't really accepted its existence as an independent variable in the market. Of course, accepting its existence and regulating itbare two different things. The government should adopt not to control but to become one of crypto and blockchain users. Government in normal situations would consider them being the higherups or those with power. But when they enter the crypto world, they would be equal to us users no matter how much their influence can reach to be.

I absolutely agree! I think we should lobby our Government specifically our local politicians to promote and embrace blockchain technology and cryptocurrency so that once its utilized inside Government processes and functions, people will naturally adhere and adopt it also!

Let us think that the Government will play a key role in promoting and bringing about adoption of these wonderful emerging technologies and without its support, a genuine mass adoption will never be truly achieved. Imho.

[Pumared]

If you want something to be adopted quickly give it a use, show that what we have is better than what is already used. Bitcoin's great difficulty with mass adoption is its difficulty and the laziness of people leaving the comfort zone

[CryptoBry]

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.

Aside from spreading the many good things on Bitcoin and even cryptocurrency in general, we should also focus on the needs and wants of the merchants or the business community so that we can bring more and more enterprises to accept Bitcoin and even encourage them to use Bitcoin in the conduct of their day-to-day business. There are many concerns that businesspeople must voice out so that solutions can be found.

Another thing is to get the endorsement from popular personalities like entertainment star, welll-followed politicians and leaders of different countries and also sports stars whop are admired by millions. The more we can get to understand and promote for Bitcoin for free, the more that people will be noticing Bitcoin. We should be asking different big exchanges to also start advertising their business with Bitcoin as the secondary message.

I think there are a lot of ways we can do and help to achieve more adoption and sue of Bitcoin even if this whole thing is decentralized and has no definite advertising and PR budget.

[NathanJB]

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.

Bitcoin is going to be widely adopted if people will start spending them and business establishments will start accepting them. That is one ideal state of Bitcoin being a currency. If that happens, Bitcoin has already reached its objective. That is what Satoshi Nakamoto wanted. But before that happens, certain hindrances have to be ironed out first. One of these is the fact that Bitcoin is still not legal in many countries. Another would be the fact that Bitcoin at this stage is not yet capable of processing thousands or even millions of transactions at the same time.

[CLS63]

Adoption for cryptocurrencies is possible with regulations. If governments decide to regulate Bitcoin or all the cryptocurrency market in the future, the adoption will be more easy compared to now I think.

[Fredomago]

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.

Bitcoin is going to be widely adopted if people will start spending them and business establishments will start accepting them. That is one ideal state of Bitcoin being a currency. If that happens, Bitcoin has already reached its objective. That is what Satoshi Nakamoto wanted. But before that happens, certain hindrances have to be ironed out first. One of these is the fact that Bitcoin is still not legal in many countries. Another would be the fact that Bitcoin at this stage is not yet capable of processing thousands or even millions of transactions at the same time.

Given those points that you've mentioned, bringing blockchain being used around financial institutions together with establishments and financial institutions will be the trigger point to attract more people to use this system not just for store assets but probably to serve the real intentions of
this chain.

Though not being recognized by most countries around world and having problem dealing with numbers of transactions that can  process is really  a big concern which needed to resolve to build strong foundations and trust from the community.

[Genemind]

Here's my point, adoption takes place when the number of individual uses or utilizes bitcoin. If we were to force people to use bitcoin, higher and higher possibility that they will reject. But if we will make them think how valuable bitcoin is, then they will be on our side. Take for example: you own a grocery store, just put an option for another mode of payment thru bitcoin and provide discounts. Through that, customers will feel forced, but to feel curious about what bitcoin is. It takes time, but even adoption is slow, it will surely hit its goal.

We have the same thing in mind. Most people don't have enough knowledge about cryptocurrency yet. They are still clueless about the blockchain technology. I guess it's better if people will have enough information and knowledge about crypto. Usage and adoption will follow if they would know the importance of it. Even huge companies aren't well informed about it yet. If Bitcoin would be on the mainstream again and there will be lots of advertisements, people's curiosity would bring a big impact in crypto industry.

[Darooghe]

There are some serious problems that need solutions and we should overcome some hurdles like:

1) Pools and large operations centralize the mining power in the hands of a few. This is troubling and someone needs to solve this by providing proper incentives for being a solo miner and not joining pools
2) Price stability for 5+ years in a row
3) Hyperinflation of major currency
4) Small country adopts Bitcoin as their currency
5) Public keys, private keys, QR codes, and technology like “Minting”, “Staking”, need to go away. It is currently too difficult and scary for someone with average technology knowledge to use comfortably for serious transactions. Think mobile app that requires no skill and it just works.
6) Small country with high inflation rates starts using Bitcoin as means to pay for food/goods/services
7) Major retail stores start accepting Bitcoin for payments

[alexsandria]

Mass adoption is very difficult to achieve because not all countries have the same resources. There are developing countries that instead of surfing the net, are only focused on their daily lives doing their physical jobs. Also, Government and big companies will be a factor. It is if government will adopt it, then there will be regulations, and that is not a good thing because why do we use crypto?  We don't want our transactions to be monitored. The companies that think bitcoin is a competitor would also make big moves just to stop it.

[Tonteus]

Promotion at the Federal level, here's what can really promote blockchain and crypto

[joinfree]

There is no way  there  will be adopting without  education .  what  need  most  is  education people need  to understand  the blockchain and its  use-case. I  See allot of people saying there should be a regulations which is also right but there  is no way we can regulate  something without having proper understanding towards it.  Those  regulator  dont understand  it, do how  do you want them to regulate  it.  So lets  educating people first  that's the only way to go.

[SummerBliss]

There are some serious problems that need solutions and we should overcome some hurdles like:

1) Pools and large operations centralize the mining power in the hands of a few. This is troubling and someone needs to solve this by providing proper incentives for being a solo miner and not joining pools

Yeah, this is serious problem which needed addressing. Due to increased competition and concentration of mining power in pools, there is a sort of monopoly developing in this area. During the period of increased number of transactions, people have to face very high fees.
There are several issues which have to be rectified before we think about increasing Bitcoin adoption but I doubt it is possible to rectify in Bitcoin Core.

[Apes]

There is no way  there  will be adopting without  education .  what  need  most  is  education people need  to understand  the blockchain and its  use-case. I  See allot of people saying there should be a regulations which is also right but there  is no way we can regulate  something without having proper understanding towards it.  Those  regulator  dont understand  it, do how  do you want them to regulate  it.  So lets  educating people first  that's the only way to go.

true education is needed to facilitate adoption in general use. So far, regulations have always been blamed, but how can a regulation be softened if the regulators have not fully understood the benefits of cryptocurrencies. I strongly support if cryptocurrency developers prioritize education over adoption.

[Ridwan Fauzi]

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.

[Arsenyo]

Investors, ordinary users and wider communities shouldn't just wait for another hype and instead learn more about the true state and merits of blockchain technology We should explore how it could be used to solve problems. It is important to demonstrate that the value of blockchain is more than currency speculation through development. Or at least spread the word about it. Without millions of people using crypto every day, it will be impossible to keep the industry afloat. In time and with solid development, trust can then be slowly built up.

[gabbie2010]

The very best way blockchain and cryptocurrencies can be well adopted is in its demonstration of effectiveness by those agencies, government, companies etc that had already adopted it, its very obvious this technology has a wider range of application and its usefulness in areas such as chain supplies, medicine, election etc however the crypto system will be widely accepted if those aforementioned organizations came out publicly and demonstrate it more so there is need for broad-base orientation and public enlightenment about the use of this technology.