IwantMoonBefore2020
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November 14, 2019, 12:46:48 PM |
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In maximum 10 years world will be better for all of us and money system governement and banks are changing we will all be able to be our proper bank and dsnt need to work for food and drink but for pleasure because free energy will be used for protect bitcoin network
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bitzizzix
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November 14, 2019, 02:19:48 PM |
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Would the world adopt cryptocurrency as a means of transaction, what do you guys think?
I'm sure crypto will be used for daily use, but the coins to be used for that are not bitcoin. the reason is because bitcoin transaction fees are not possible for that. the most realistic option is a stable coin. so in the future all countries will release their own crypto to be used as payment transactions. this has been asked for thousand times i guess yet being tackled until now ,bitcoin is spreading the world now,maybe its getting slower this past months but still we can see the adoption is getting bigger and bigger. from Japan and now ,any countries are getting inside crypto,and the latest is Chinese presidents statements about the adoption of Blockchain and bitcoin as well,so this means progress and success for our whole community as crypto supporters We have to be patient because they all need a process and development that is clearly visible and gradually many people are adopting it, and some countries have issued their own crypto currencies and some countries have also legalized bitcoin and many other news, including the latest news about Chinese President Xi Jinping will implement the blockchain in his country and it all shows that the development of crypto continues to grow and will be close to what we expect.
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perfect999
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November 14, 2019, 04:22:12 PM |
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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?
I can't predict the future, but I can tell there is a competition as well. There are lots of other payment methods that are out there competing as well, though bitcoin selling point is the anonymity. You also have to know that it is not everyone that is interested in being anonymous, there are people who feel that it's just criminals that have to worry about such. And others are afraid that they can lose their money while making use of bitcoin because it is volatile; these people still don't pick interest in stable coins and I don't know why, maybe because they feel that they are not to be trusted. If Facebook's coin should be a success it's going to be really huge, lots of people are going to adopt it. Bitcoin might also gain more adoption; it's already gaining adoption, I see those that use it for a transaction.
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Emitdama
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November 15, 2019, 09:06:45 AM |
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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?
We have every possibility that one day people will eventually be using just these two coins alone for their transaction. We might still be in that era where every government, every country and every companies wants to come up with their own cryptocurrency just like in the case of Zimbabwe, and also has we have seen thousands of altcoins in the market in the case of companies, but even at that, the choice of people is still very much more on these two coins. These two coins are still the best and still the most used coin in the market, they have stringer community more than every other coins you see, so overtime, everyone would learnt to see that bitcoin and Ethereum is the main coin that is fit to be used as a global currency which they will drop their own personal interest to accept this.
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BeManga
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November 15, 2019, 09:14:46 AM |
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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 hitting the mainstream is possible to happen because bitcoin has a lot of potential in terms of payment method
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AjithBtc
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November 15, 2019, 09:56:21 AM |
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Bitcoin to go mainstream is not that simple as people starting to use online wallets. We've got lots and lots of payment service renders, and these were much used as they're being promoted by the respective authorities. When we talk of bitcoin it is all spread with the word of mouth. This way reaching the mainstream usage takes more time.
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acroman08
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November 15, 2019, 10:19:00 AM |
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Would the world adopt cryptocurrency as a means of transaction, what do you guys think?
Yes, It's fast transactions will be beneficial to all (countries, companies, small business etc..). it is only logical that cryptocurrency is accepted worldwide. one of the reason why cryptocurrency's adoption is slow is because of its volatile nature and it being decentralized and lack of knowledge about cryptocurrencies. making it undesirable to some business owners and lack of knowledge about cryptocurrencies.
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adzino
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www.Crypto.Games: Multiple coins, multiple games
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November 15, 2019, 11:13:36 AM |
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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?
Crypto currencies? Highly likely. Bitcoin as one of them? Highly unlikely. Bitcoin has various drawbacks right now to be using it as a means of making day to day transaction. Imagine you are going to your work in the morning. On you way, you decided to grab a cup of coffee. You go over there pay using bitcoin and then you have to wait like more than 10 minutes for your transaction to be confirmed before receiving your coffee. Waiting for like more than 10 minutes for just a cup of coffee is quite unreasonable. Though there are other altcoins that confirm within few minutes. Those are perfect for using it as a traditional currency.
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Hallmader
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November 15, 2019, 11:18:35 AM |
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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?
Crypto currencies? Highly likely. Bitcoin as one of them? Highly unlikely. Bitcoin has various drawbacks right now to be using it as a means of making day to day transaction. Imagine you are going to your work in the morning. On you way, you decided to grab a cup of coffee. You go over there pay using bitcoin and then you have to wait like more than 10 minutes for your transaction to be confirmed before receiving your coffee. Waiting for like more than 10 minutes for just a cup of coffee is quite unreasonable. Though there are other altcoins that confirm within few minutes. Those are perfect for using it as a traditional currency. I hope the lightning network will spread quickly and address this long time issue. This has always been the issue ever since. How are we to spend our Bitcoin if it is very inconvenient to use? You cannot just waste time waiting for several confirmations for just a cup of coffee. Or pay a fee which as high as the cost of the cup of coffee itself. But this issue has been dealt with and hopefully addressed very soon.
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Shasha80
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November 15, 2019, 12:14:16 PM |
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If we talk about the benefits of bitcoin, one of which is as a means of payment. Many merchants already accept payments with bitcoin.Especially in countries that indeed legalize bitcoin, but in my opinion bitcoin in the near future cannot be adopted as a means of payment. Because the average person is still in the transition from a manual transaction to a digital transaction. If the whole country has legalized bitcoin and the majority of people have already done their daily needs with transactions online. Then it will be very easy for bitcoin to become mainstream. But the possibility of bitcoin changing the role of fiat and becoming mainstream is very it might happen, just takes a long time.
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Youghoor
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November 15, 2019, 04:14:26 PM |
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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?
Considering the state of the crypto market and its ecosystem, there is high probability of cryptocurrencies becoming mainstream currencies just like fiat currency. The nature cryptocurrency presents a decentralized platform which makes it easier for faster transactions with low fees. But its gonna take some time for it to be adopted worldwide...
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imstillthebest
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November 15, 2019, 04:33:27 PM |
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btc being used on a daily basis is present now but of course not all are doing that because there are still shops and other services that btc is not yet accepted but even common payment methods like creditcard or debit card is not also useable on these establishments but they only accept the tradtional payment method .
btc becoming mainstream is i think not possible because we cant just replace and throw away the fiat . people value tradional currency the most
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Pearls Before Swine
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November 15, 2019, 05:16:37 PM |
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Because I heard that the people in Zimbabwe with their economic difficulties use cryptocurrencies as a means of trade.
Not only Zimbabwe, but other countries are having a very hard time economically, Venezuela and Argentina among them. From what I've read, tho, people in those countries are using currencies from neighboring countries or the USD for transactions. They haven't really been turning to cryptocurrencies as much as people might have hoped. Bitcoin and Eth might not be used as money in every day transactions, but they're both in the mainstream consciousness thanks to media coverage, and that's progress from just a few years ago. In 2013-14 when bitcoin was going exponential, that's when there started to be a lot of stories in the financial press and now you hear a lot more about bitcoin and even altcoins. It's going to take time for mass adoption to happen, and it may *not* happen if fiat stays viable, which it likely will. There needs to be a very good reason for people to want to own and use crypto to pay for things that they could easily pay for with cash.
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dimox
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November 16, 2019, 05:22:38 AM |
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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?
not only on Zimbabwe, in some country many platform accept payment via bitcoin. some store, transportation, service, and in every country there are many people use this method with small area. a lot of people just dont know about bitcoin, what exact bitcoin is. so, spread of bitcoin is not equally
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Mike Mayor
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November 17, 2019, 09:28:15 PM |
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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?
Considering the state of the crypto market and its ecosystem, there is high probability of cryptocurrencies becoming mainstream currencies just like fiat currency. The nature cryptocurrency presents a decentralized platform which makes it easier for faster transactions with low fees. But its gonna take some time for it to be adopted worldwide... It doesn't need to become mainstream. Already you can spend crypto in many places. It doesn't have to be as mainstream as using debit and credit cards though. For me right now it is almost good enough. I would like to be able to spend crypto on more mainstream items like essentials or groceries. Even if I have to first buy some sort of points for my crypto and then spend the points in the supported shop or on the supported service. Being about to topup uber for example by buying uber credit is a good example.
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HarmonyA
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November 17, 2019, 10:48:51 PM |
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Bitcoin and Ethereum will be mainstream if the volatility issues is addressed. The fiat currency is well regulated and volatility is addressed, but cryptocurrency claimed to be decentralized but we still have centralized exchanges plus untraceable transactions. These are part of the issues that restrict it mainstream.
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Maslate
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November 17, 2019, 11:42:05 PM |
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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?
not only on Zimbabwe, in some country many platform accept payment via bitcoin. some store, transportation, service, and in every country there are many people use this method with small area. a lot of people just dont know about bitcoin, what exact bitcoin is. so, spread of bitcoin is not equally I think bitcoin is already popular but when it comes to using it in our daily transactions, we might find it hard realizing it. The volatility is there that keeps its price always changing and its transactions are still not traceable. People will adopt bitcoin and ethereum but it will take a lot of time for it to be fully adopted.
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GideonGono
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November 18, 2019, 08:52:27 AM |
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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?
As long as the blockchain of Bitcoin or any other cryptocurrencies in general could keep up with the demand of the public that is increase in transactions especially in a time where mass adaption would happen then if the current state continues then I am afraid that it would significantly increase the transaction fee and the time it would took for the transaction to process. Though during economic crisis, one of the alternatives that a country or a person can run into is cryptocurrencies since converting your assets into Bitcoin for example would take a less hassle and you can secure it enough yourself unlike gold which is quiet complicated and not that convenient compared to the former.
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clickerz
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November 18, 2019, 12:29:57 PM |
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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?
not only on Zimbabwe, in some country many platforms accept payment via bitcoin. some stores, transportation, service, and in every country there are many people use this method with a small area. a lot of people just don't know about bitcoin, what exact bitcoin is. so, the spread of bitcoin is not equally I think bitcoin is already popular but when it comes to using it in our daily transactions, we might find it hard realizing it. The volatility is there that keeps its price always changing and its transactions are still not traceable. People will adopt bitcoin and ethereum but it will take a lot of time for it to be fully adopted. Yes, what we need is more adoption. This is the only way for bitcoin to be mainstream. If more shops are accepting it, the people will opt to choose bitcoin. We need to encourage more establishment, another different sector to use, utilized and accept bitcoin. But as for the rate of adoption, we see more in the coming years. Remember China is open to this technology already.
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Williams_Leo
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November 18, 2019, 02:08:00 PM |
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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?
not only on Zimbabwe, in some country many platforms accept payment via bitcoin. some stores, transportation, service, and in every country there are many people use this method with a small area. a lot of people just don't know about bitcoin, what exact bitcoin is. so, the spread of bitcoin is not equally I think bitcoin is already popular but when it comes to using it in our daily transactions, we might find it hard realizing it. The volatility is there that keeps its price always changing and its transactions are still not traceable. People will adopt bitcoin and ethereum but it will take a lot of time for it to be fully adopted. Yes, what we need is more adoption. This is the only way for bitcoin to be mainstream. If more shops are accepting it, the people will opt to choose bitcoin. We need to encourage more establishment, another different sector to use, utilized and accept bitcoin. But as for the rate of adoption, we see more in the coming years. Remember China is open to this technology already. Well, the trend of using bitcoin and similar cryptocurrencies is gradually gaining the hearts of many users, most successfully as you say, many countries accept, continually use and allow businesses to businesses and companies feel about bitcoin and crypto. And with such huge attraction, I also believe that in the near future, currencies like bitcoin will appear more in daily transactions but of course, the mainstream is still for fiat is more, bitcoin and other cryptocurrencies can not change this position when users understand what is most appropriate and safe for them.
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