Do you think that cryptos such as Bitcoin would be mainstream?

[s92225]

I think bitcoin is already mainstream.... nothing is more mainstream than that Lol

Sent from iPhone (okex)

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[crisanto01]

I think there is a big chance that it will be going to happen because bitcoin technology is already getting popular all over the world as a lot of counties already using it in a lot of transactions and even as a currency. I think the bitcoin needs a lot of time for a lot of countries to adopt completely to bitcoin but still even due the bitcoin technology is already remarkable I still cannot think of a way how the bitcoin is going to replace the fiat money in a lot of countries because the fiat money is already the standard and also we cannot use only one currency around the world as bitcoin also bitcoin has a high value imagine if that happened the bitcoin market price will surely pump.

Yes, why not, it has a big potential, it may not be as the whole, but it can be the mainstream or majority of the people will likely to trade, these past few years, even a normal person are doing trading too, unlike when you are doing stock market trade, forex trading wherein you need a lot of capital, and most traders and professionals or has really money, here in crypto everyone can do trading, as you can do it in little amount.

[yulionoo]

in my opinion there is a possibility the world will adopt cryptocurrency as a transaction tool. but maybe that will take a very long time. due to many factors that hinder the adoption of cryptocurrency. as our society is not ready to use cryptocurrency as a means of payment, they are already comfortable using fiat money for everyday transactions. then crypto values that are very volatile are not ideal for use for payment instruments and also for legal issues. most governments forbid using crypto for payment.

[pragna]

I was just wondering if one day it would be possible for cryptos such as Bitcoin (BTC) OR Ethereum (ETC) to become mainstream one day for people to use for day to day transactions on a daily basis. Because I heard that the people in Zimbabwe with their economic difficulties use cryptocurrencies as a means of trade.

Would the world adopt cryptocurrency as a means of transaction, what do you guys think?

Why not? As a crypto lover i have hope about this. One day every transaction will be connected through BTC or Eth or any other altcoin. Some days ago i correspondence with a taxi driver in Thailand and he said if i want to pay with BTC, i can do it even in hotel also. So i think gradually it will be more acceptable to every country.

[Inkdatar]

If there’s a full adoption in crypto in the future it might possibly happen. In the current situation, people are already enjoying the use of fiat money in our day to day transactions. If there’s no hindrance in the future I can say the adoption would be stronger in crypto and can be means of payment since users of bitcoin are appreciating it’s features.

[perfect999]

I was just wondering if one day it would be possible for cryptos such as Bitcoin (BTC) OR Ethereum (ETC) to become mainstream one day for people to use for day to day transactions on a daily basis. Because I heard that the people in Zimbabwe with their economic difficulties use cryptocurrencies as a means of trade.

Would the world adopt cryptocurrency as a means of transaction, what do you guys think?

There are already lots of people that are making use of Bitcoin and there are international companies that are are paying their workers with cryptocurrencies as well. The only thing that some don't like is that it is volatile. Libra would have gained more adoption if it was released due to their partnership with lots of association just like PayPal which is the biggest payment processing company.

I do believe that very soon a lot of people will start making use of Bitcoin, not as a store value, but as a payment method. I already know a lot of people that are doing that, they just receive payment through Bitcoin and withdraw it immediately to their bank, and when they want to send payment they also fund their wallet through their bank and send to whoever they want to send to.

[Pamadar]

Bitcoin or ethereum doesn't have the capabilities to become the mainstream.
People don't want to wait several minutes for a transaction confirmed nor have to spend a dollar as a few for direct transactions, it's clearly not for most people who believe in cash as the main means of payment.

More people still in the traditional financial system,  the journey of cryptocurrencies still needs time and more efforts to campaign for full awareness.
It's a good challenge to each individuals to help and not just waiting and speculating but to also take part of bringing this digital money to more people around their circles. Slow start doesn't means that it won't happen but it will as long as supporters are still optimistic and willing to join helping this industry to succeed.

[Gotumoot]

The government is the first to disapprove of this because they will find it difficult to tax everyone who uses it. Next are people who are not yet familiar with crypto, and adults who are no longer interested in learning how to use bitcoin and ethereum. Third, people who do not have access to the internet and also do not have mobile phones and personal computers. These are the three that may not support the use of crypto for their transactions.

[Eclipse26]

Uh in the future, probably yes. But only to the point that a lot of people will be using cryptocurrency but will not replace fiat. I do believe that even some of the government are against cryptocurrency, in the future, they'll have no choice but to adopt blockchain and crypto as well. We cannot stop technological innovation, even the government so I believe, it just needs time to be accepted globally

[White Christmas]

I was just wondering if one day it would be possible for cryptos such as Bitcoin (BTC) OR Ethereum (ETC) to become mainstream one day for people to use for day to day transactions on a daily basis. Because I heard that the people in Zimbabwe with their economic difficulties use cryptocurrencies as a means of trade.

Would the world adopt cryptocurrency as a means of transaction, what do you guys think?

Bitcoin and ethereum are mainstream right now but we just don't feel it right now because the value or the market price of bitcoin and ethereum right now are very low so it becomes downstream right now. There are so much possible things that may happen in cryptocurrency as well as we can use it in our daily lives as a currency on our daily basis transactions, it would be great if we will be adapt cryptocurrency as our main currency so that on the future we will just use digital currency.
If I would be the one to decide, if the world will adopt cryptocurrency as a means of transaction I will go for it because if we use this as our means of transaction then we will just use digital money in order to process transaction.

[the rise]

Majority of governments all around the world are showing zero tolerance towards cryptocurrency since they believe it will take financial control away from them. Let's hope something good comes out very soon so that BTC along with other CC will be used in mainstream payment system.

crypto has a unique use relevance so they will continue to be organically used on a large scale without the role of government. This will open their minds more broadly to the principle of revolutionary use, especially in third world countries. I think bitcoin will move the government to be more open with the creation of their own crypto currency in the end, and this is where the mainstream begins.

[Darooghe]

I think crypto most likely won’t be mainstream currency for at least the next 20-40 years. Right now it is highly volatile and people are mostly betting on the technology eventually succeeding. When the time comes, however, this is how it will be a mainstream currency. bitcoin has a finite supply and is released periodically through mining and authenticating transactions. Once the bitcoin supply is all released, many think that the currency will stabilize much more since the supply won’t be increasing anymore. As this starts to happen and less bitcoin is released to the open market, the price fluctuations go down, and the currency ends up finding it's normal price.

[samuraijin]

I was just wondering if one day it would be possible for cryptos such as Bitcoin (BTC) OR Ethereum (ETC) to become mainstream one day for people to use for day to day transactions on a daily basis. Because I heard that the people in Zimbabwe with their economic difficulties use cryptocurrencies as a means of trade.

Would the world adopt cryptocurrency as a means of transaction, what do you guys think?

in each country have different laws regarding means of payment sometimes still constrained by law, although there are some countries that do not have strict legal regulations, if asked crypto currency used as a means of payment or transaction will certainly make it easier for people to make transactions in each country, at least without having to go through a third party, but unfortunately we need time to get a lot of adoption

[bitsurfer2014]

Bitcoin or ethereum doesn't have the capabilities to become the mainstream.

I agree! Bitcoin or Ethereum don't have the capabilities right now to become mainstream, at least for the moment! Because I think that time will come that they will indeed become mainstream once they had been fine tuned to overcome existing barriers needed to promote mainstream adoption. But how?

It is because these cryptos are constantly being developed  that sooner or later, they will emerge more robust and efficient than before!

Moreover, Bitcoin hasn't yet reached its optimum development that we should assume it will be constantly improved upon unless all the developers stops contributing to it or halt its development. Imho.

[SaShiRaJaVu]

I was just wondering if one day it would be possible for cryptos such as Bitcoin (BTC) OR Ethereum (ETC) to become mainstream one day for people to use for day to day transactions on a daily basis. Because I heard that the people in Zimbabwe with their economic difficulties use cryptocurrencies as a means of trade.
Would the world adopt cryptocurrency as a means of transaction, what do you guys think?

Bitcoin has the potential to be the currency of the internet, you wanted ETC to become a mainstream currency and it is a real chain by a reckless ETH and now the fork is the real coin and expect more forks in the future . The currency situation in bitcoin does not warrant a situation that it must be used for transaction on a daily basis as i am not interested to pay a higher transaction fees and i that is sorted and it can scale on a better way then we might see the transformation.

[auntyjmary]

The future certainly looks bright with a lot of possibilities. I wont be surprise to see many people making use of cryptocurrencies and especially bitcoin for daily business transactions. By the way with regards to OP It's good to get your facts right, I don't believe many people in Zimbabwe makes use of bitcoin or any other cryptocurrency for their daily transactions.

[minersday]

I was just wondering if one day it would be possible for cryptos such as Bitcoin (BTC) OR Ethereum (ETC) to become mainstream one day for people to use for day to day transactions on a daily basis. Because I heard that the people in Zimbabwe with their economic difficulties use cryptocurrencies as a means of trade.

Would the world adopt cryptocurrency as a means of transaction, what do you guys think?

There are good possibilities that cryptocurrencies such Bitcoin might become a mainstream digital currency for people to use for their day to day transactions. Considering the ten years existence of bitcoin, the number of people using Bitcoin has increased for the first day it was launched till now. I believe the world is gradually understanding the significance of cryptocurrency and how it might change the way people make transactions without having to pay huge amount of charges for every transaction. But this might take a long time for it to happen considering the image the media is feeding people with about cryptocurrencies such as bitcoin.

[its-a-me-mario]

Of course its possible but there are a lot of things that must be tackled first:

Stability - Nobody wants to spend money on groceries if the price could fluctuate 5-10% while they walk around the store
Scaling - Bitcoin was never mean for instant transactions, a 10 minute wait is built into the protocol. Layer 2 solutions aim to solve this. Perhaps some other coin will be used
Taxes - Using crypto as a currency, not an investment, is a tax nightmare in the US right now. Nobody will use crypto to pay for goods until this changes.

IMO the best option right now for actually spending crypto for goods and services is DAI, by far. It's a stable coin but its decentralized and not backed by fiat deposits, and its transactions take about 15 seconds.

[Murat]

I think so, but there are some treatment should be added to this platform in order to make a mainstream platform, Number one is the stability, If stability would be here then many people must come to this platform, but due to instability, I think most of them are afraid of joining in this system, because no one can spend or invest his money to an unstable platform, secondly, a set of regulation is very urgent to this system, due to lack of regulation or policy, a group of Bitcoin holders is trying to manipulate this platform according to their will so this platform is getting noisy. and finally, a legal status could bring to this platform a gigantic acceptance, I hope if these three options could be added then this platform must be mainstream at any time.

[Republikcoin.com]

I think bitcoin is already mainstream.... nothing is more mainstream than that Lol

Sent from iPhone (okex)

think again, maybe you're just in the environment of people who use cryptocurrency. I think, very few people know about cryptocurrency at this time, even they only know the name, like bitcoin, but don't know what its function is. however, this can become mainstream when there is government support that enables people to learn this technology. so far, people only know cryptocurrency when there is a problem with it.