ALTCOIN IS IN LINE WITH THE HISTORICAL EVOLUTION OF PAYMENT SYSTEM

[tenakha]

Despite the legal frustration faced by Libra and GRAM, altcoin is in line with the historical evolution of payment system; from bartering to the first coin ever minted (in 600BC)  to bank notes to credit card.

Consider that anti advertising is also an advertisement. Much debates about these issues caused most people to hear about cryptocurrency.

In my opinion, full decentralization might not be achieved at the time being but if altcoin survives this phase of trial time, crypto market will witness a massive adoption compare to the previous years but in a very slow pace.

Why do you think Mass adoption will continue slowly? Unlike you, I think it will accelerate as time goes on. Once this circle has established, its growth will accelerate further.

[alexsandria]

Despite the legal frustration faced by Libra and GRAM, altcoin is in line with the historical evolution of payment system; from bartering to the first coin ever minted (in 600BC)  to bank notes to credit card.

In my opinion, full decentralization might not be achieved at the time being but if altcoin survives this phase of trial time, crypto market will witness a massive adoption compare to the previous years but in a very slow pace.

I don't it will be going all real. There's no point of returning back at being decentralized. Though it could be part of it but system has to be regulated, monitored and has an authority on top of it all. It may sound selfish but it would be all problematic if everyone would be all leave unruled. Nevertheless, it could be a part but it cannot be a thing for whole masses.

[Greed Dev]

Yes, I have the same positive beliefs as you. I really support the growing alts of payment services. Many alts are really very good platforms like Credits, Litecoin and some of the altcoins have extremely low transaction costs and very fast speed.
It will undoubtedly be the most used coin in the future when many businesses start accepting cryptocurrency transactions.

[sangjoewara]

Yes, I have the same positive beliefs as you. I really support the growing alts of payment services. Many alts are really very good platforms like Credits, Litecoin and some of the altcoins have extremely low transaction costs and very fast speed.
It will undoubtedly be the most used coin in the future when many businesses start accepting cryptocurrency transactions.

Altcoin is good, it is clear that there will always be many who are interested, even many companies like it like Litecoin and others, because altcoin that has been proven to be good will certainly be difficult for us to get, although at this time not many businesses accept transactions in the form of digital currencies.

[masterrex]

Despite the legal frustration faced by Libra and GRAM, altcoin is in line with the historical evolution of payment system; from bartering to the first coin ever minted (in 600BC)  to bank notes to credit card.

In my opinion, full decentralization might not be achieved at the time being but if altcoin survives this phase of trial time, crypto market will witness a massive adoption compare to the previous years but in a very slow pace.

I agree with your insights No doubt that some altcoins are gaining trust as another payment option since its quite useful faster and lesser fees compare to the traditional one for example, Like stellar lumens, or Ripple these two altcoins has a future in payments and i don't know even some other platform and blockchain too that needs to be evaluated.

[Red-Apple]

sadly that has not been true for about 8 years.
maybe in early years when the first couple of alternative cryptocurrencies were being created, what OP says were true since they were focusing on actual decentralization and creation of a real currency. but nowadays this is not true at all and instead we are far away from those goals. these days the projects are only being created for profit not innovation. which is why altcoin development has been halted for years and copy pastes have replaced it.

[key4co.in]

sadly that has not been true for about 8 years.
maybe in early years when the first couple of alternative cryptocurrencies were being created, what OP says were true since they were focusing on actual decentralization and creation of a real currency. but nowadays this is not true at all and instead we are far away from those goals. these days the projects are only being created for profit not innovation. which is why altcoin development has been halted for years and copy pastes have replaced it.

I like your candid opinion, I expect new projects to be advancing with great margin from the initially launched projects, rather the older projects are more improved than recent ones. Most new projects just look cool on whitepaper or their awesome names, but have nothing to show for (in essence most team members nowadays are just in for the money and have no plans to develop the project).  Well, very few new projects stand out keeping the hope alive. We are still very far from adoption.

[vanya.pronin.1983]

I do not believe in a fully decentralised world as well. Maybe in 50 years, but the first step towards the mass adoption will be blockchain integration in various industries all around the world and acceptance of crypto as a payment method.

[Pet240]

There seems to be a battle drawn between world financial authorities and the cryptocurrency community. Although, the likes of Libra and gram coins are centralised, yet they keep having problems with authority.
It is an indication that they are not ready to support cryptocurrency in general.

[pgbit]

From the first moment I discovered bitcoin in the beginning of this decade, I knew in my heart that this was the next step in the evolution of money and even though this was it's taking it's sweet time to be actualised, I have never doubted for a second that it will eventually happen, now the Chinese Government sees Blockchain as "Important in the future development of China" and this is just the tip of the iceberg because many more countries would still review Cryptocurrency and decide that it's in their best interest to get into the future if money in this early stage.

[Samayuki]

The battle is not over yet for crypto and bitcoin, china have now fully embraced blockchain but still i belief there are some wars left to fight, what are we going to do about scam IEO and ICO Projects? this is a big issue for adoption rate, every investors are screaming scammers and they are scared of new projects

[justdimin]

I think there are still a lot of ways to go, it is not really that in line with the evolution of payment systems just yet. It started from the top of it, normally the payment systems improve over time, this has been just 10 years and it is already a high grade payment system as it is.

Yes, there are still long ways to go but starting from the top means it is already at the level and even better than most of the payment systems and it will also put on top of this and get better. Think of it this way, money as we know it had been little coins into gold coins to eventually banknotes and now cards that we use (even phone apps).

So, let's give normal coins (the real life ones that were used 5000 years ago or whatever) 1 out of 100, then gold coins 50 out of 100, then banknotes 70 out of 100 and then cards 85 out of 100, bitcoin starts at 85 and then puts on top of it. Altcoins will remain as secondary way of payments along with bitcoins but what are the coins are going to survive is purely based on its investors, definitely not depends on its uniqueness nor technology innovations.

[SamarasLoch]

Crypto and the block chain have come to stay. In fact, I see cryptocurrencies as the future of payments. We just need to keep pushing for adoption in different industries especially the payment industry and then, we'll see a major shift from traditional banking systems to the block chain and cryptocurrencies.
Libra has taken a good step at making this happen but many people in the US are trying to bring it down because they know the impact it might have on them and their businesses. Crypto will survive this harsh time, I believe it will!