IS 5G AN OPPORTUNITY FOR CRYPTO TO GO MAIN STREAM?

[Pab]

Strongest fastest internet is always good IT. 5G will fully support IOT and yes i think cryptocurrencies can be best way of payments on coming IOT
One thing is that we still need to wait about 3 years for 5G internet to be operative

[gentlemand]

Where I'm at you struggle to get 3G quite a bit of the time. I don't expect 5G to ever work properly.

The IoT sounds fun but even on the primest of rail and road routes in the UK you still spend plenty of time without any signal, let alone the boonies. The whole telecoms industry will either have to smear signal across every nook and cranny, which isn't possible or affordable, or all of this miraculousness will only happen in a few towns and cities.

[jamesndungu1]

For cryptocurrencies to become effective and mass adopted, one major requirement is the availability of high-speed internet connection. 5G internet will be able to offer a fast internet connection to the cryptocurrency space as the next generation of mobile internet connectivity.

[styca]

Really 5G should be a big help to smart contract platforms, so my answer would be that it is an opportunity for ETH and its competitors. 5G is a key enabler of IoT, and IoT means connected devices, means a multitude of electronic 'things' talking to one another. ETH (or something very similar) is the perfect mechanism to codify how object A should relate to object B. And if we do start to see crypto smart contracts being used in these situations, it does mark the start of a crypto use-case actually entering the real world. For me then, yes, 5G is an opportunity.

5G -> IoT -> Ethereum.

[Eclipse26]

Rather than focusing on main stream, 5G opportunity is more applicable and useful for the existing users. It'll give them the advantage to have faster internet compare to 3G and 4G. It can help to increase bitcoin's adoption but it wouldn't give much impact and contribution for bitcoin to go mainstream. Everyone who's capable adopt 5G but not everyone of them would also adopt bitcoin.

[Kyraishi]

I think I missed the point here and didn't really talk about the effects IOT would have on crypto, which would be immense and definetly could give us a world where crypto transactions are easy as cake.

IOT means that we'll be able to have connected devices and a lot of synchronisation, which is only possible if 5G becomes possible, correct? That's interesting, will have to look deeper!

[redsun114]

With 5G I think it would have a higher chance of adoption but not as high as people think it will be. It will make it easier but it can't make it go wide all of a sudden, I mean just because we have 5G won't mean we will have mass adoption. It would however make some sort of apps and internet connections of it easier which means if taken advantage of those could lead to mass adoption but we still have to do our parts in the deal.

Like when you go to a place that looks a bit techy or at least run by younger people, ask them if they accept bitcoins and if you could pay with bitcoins, they will most likely say no but at least you put the thought in their heads. That is the kind of stuff you need to do to increase the adoption, you can't just expect adoption to come to you.

[cotton ball]

Fifth generation of 5G maybe best technology for bitcoin and give faster service when we access to bitcoin and altcoin wallet, with 5G we can use many exchange market to sell and buy bitcoin faster than from now using 4G, but I think bitcoin have adoption new way with technology to make bitcoin price will be better and higher, with adoption 5G technology bitcoin look easy and give many benefit for bitcoin investor to access with bitcoin and altcoin assets.

[Murat]

In order to make a change in the cryptocurrency system, you have to take a lot of things, not only the internet connection is essential, Yeah, it's true that with the help of great speed would make it easier and comfortable to use it, but in the context of service and facilities, I think it will be the same scenario because almost everything is invented already regarding this issue, but one thing could bring a good result towards this platform, regulation system is very essential to this present context, but how could it be possible within this system, as a non technical person I don't have any proper idea. but when you have a smooth internet service then you have also an opportunity to make a change in this system, That's is the only opportunity regarding 5G.