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Author Topic: How soon the blockchain industry can be adopted, is this within 2020?  (Read 362 times)
DrawAthens031 (OP)
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November 24, 2019, 08:22:08 PM
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 #1

Cz posts on his twitter account oftenly that " slowly but surely"  I am worried about it. Guys, can you predict how slowly the adoption can be achievable? would It take within 2020 and this 2020 can be remarkable in history? \

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November 24, 2019, 08:44:30 PM
 #2

No, it won't happen in 2020, Cz said slowly not so fastly. Slowly means gradually the crypto will get mass adoption, it can take more 5 to 10 years, but yet it surely will.

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November 24, 2019, 09:10:15 PM
 #3

2019 already helped to bring crypto to mainstream media even with misinformation, and 2020 will bring more potential awareness and disruption about crypto to the mainstream media.

Crypto eating the fiat market organically!

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November 24, 2019, 09:23:28 PM
 #4

Cz posts on his twitter account oftenly that " slowly but surely"  I am worried about it. Guys, can you predict how slowly the adoption can be achievable? would It take within 2020 and this 2020 can be remarkable in history? \

Well adoption is a gradual move and it will take a very long time. Also the thing is, used for what. Blockchain has some very good functions but generally speaking, the current solutions that are available on the market are way more effective.
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November 24, 2019, 09:55:14 PM
 #5

Cz posts on his twitter account oftenly that " slowly but surely"  I am worried about it. Guys, can you predict how slowly the adoption can be achievable? would It take within 2020 and this 2020 can be remarkable in history? \
Adoption is not going to happen in a flash. Do not rush about it, rush and adoption are almost the opposite words to each other. Adoption has begun for a long time and this system needs more time to be fully involved. Imagine that almost the whole world is knowledgeable about crypto, believes in it and uses it. We need more 20-30 years to adopt.
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November 25, 2019, 06:59:56 AM
 #6

The blockchain industry is growing in some countries fast and in some counties slow even ban but it is growing fast and adopting by various countries and remaining are working on it but you can expect blockchain adoption within 5 years, not in 2020.

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November 25, 2019, 07:11:26 AM
 #7

Adoption is a gradual process, its not something that can happen in a year, it will take years before we see full crypto adoption, 2019 is better than past years if we have to judge crypto in adoption rate
nicolas1979
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November 25, 2019, 08:45:59 AM
 #8

Blockchain industry grow faster than we think, even in this time this technology still become the main topic or project many developer. In year 2020 blockchain will have good basic technology to support many transactions but not take place other technology. Developer need more research and law to continue their goal, create new way to handle many transactions in one time with cheap fees. Just wait but never forget to learn about blockchain, like or not maybe this technology will replacement all we know.

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Piskeante
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November 25, 2019, 08:55:00 AM
 #9

10 to 20 years to adopt, and by that time, probably crypto will not be needed. This is a big scamm and all of you will suffer.

BTC no more than 6k by end of 2019. ETH no more than 300$ by end 2019. Huge market manipulation, huge amount of scammers and hypers.
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November 25, 2019, 09:10:42 AM
 #10

It is too fast to hope that the blockchain can be adopted by 2020. Blockchain is a complex platform, it takes time to slowly adopt and hit the blockchain. For example, China, which will develop the blockchain and adopt the blockchain for their own needs, may need more than 5 years of research.
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November 25, 2019, 09:21:29 AM
 #11

Cz posts on his twitter account oftenly that " slowly but surely"  I am worried about it. Guys, can you predict how slowly the adoption can be achievable? would It take within 2020 and this 2020 can be remarkable in history? \

I actually don't know on what grounds he mad the statement, if it's about his platform or the blockchain space as a whole. However, talking about adoption, there have been various levels of blockchain adoption but I will say they have been on a smaller scale. On the other hand, taking about massive adoption, this could take time as we are yet to purge out fake projects and teams which in one way or the other draws us back.
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November 25, 2019, 09:25:10 AM
 #12

Slowly but surely it will happen, but I think it will start in 2020. It takes several stages to adopt the new blockchain. My country has also started planning the implementation of the blockchain, but it will be discussed in 2020, so it needs a process to fulfill adoption as well. that whole.
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November 25, 2019, 09:29:32 AM
 #13

Cz posts on his twitter account oftenly that " slowly but surely"  I am worried about it. Guys, can you predict how slowly the adoption can be achievable? would It take within 2020 and this 2020 can be remarkable in history? \

At first, you made me laugh because of this statement;
Quote from: DrawAthens031
I am worried about it

Then I realize that It has a sense at all. The regulators are pressuring many projects to comply with a mission impossible rulebook which in short to force close them. No mass adoption will happen unless
regulators will release concrete and easy guidelines for project compliance. Unless regulators allow cryptocurrency to be used freely then mass adoption will start. No need to worry about it since
Blockchain technology is superb. It's the future technology for fiat transactions.

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November 25, 2019, 09:31:51 AM
 #14

Cz posts on his twitter account oftenly that " slowly but surely"  I am worried about it. Guys, can you predict how slowly the adoption can be achievable? would It take within 2020 and this 2020 can be remarkable in history? \

What do you mean? Adoption across the board is already happening on a large scale.

I'd actually say that a lot of technologies are already mass adopted, like bitcoin itself, and even ETH with the advent of ICOs with the ERC20 tokens that are hosted on it. A lot of people are waiting for mass adoption to happen, but I say that we may already be speaking in retrospect.

There are certain applications of blockchain tech that may not yet be mature enough, perhaps integration in terms of the regulated financial world. But that depends a lot on the actual regulations themselves and have less to do with the fundamentals of cryptos.
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November 25, 2019, 10:04:47 AM
 #15

Cz posts on his twitter account oftenly that " slowly but surely"  I am worried about it. Guys, can you predict how slowly the adoption can be achievable? would It take within 2020 and this 2020 can be remarkable in history? \

What do you mean? Adoption across the board is already happening on a large scale.

I'd actually say that a lot of technologies are already mass adopted, like bitcoin itself, and even ETH with the advent of ICOs with the ERC20 tokens that are hosted on it. A lot of people are waiting for mass adoption to happen, but I say that we may already be speaking in retrospect.

There are certain applications of blockchain tech that may not yet be mature enough, perhaps integration in terms of the regulated financial world. But that depends a lot on the actual regulations themselves and have less to do with the fundamentals of cryptos.

That's what I'm thinking as well. Adoption has been happening already and it's been for years now. More and more companies are joining the pack and even small companies are trying to integrate blockchain technology to improve their operations. Want proof? How about the legit projects introduced here in the forum. You can encounter a lot of projects launched every day. Maybe not all adoption have been documented but I'm sure adoption is already happening.
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November 25, 2019, 11:15:10 AM
 #16

Cz posts on his twitter account oftenly that " slowly but surely"  I am worried about it. Guys, can you predict how slowly the adoption can be achievable? would It take within 2020 and this 2020 can be remarkable in history? \
It can be but what makes me feel worried is not about the blockchain adoption because that will happen for sure as so many countries have already stated if they will try to use it as a core on their system. The big question that must make you feel worried about that will that give a direct impact to the crypto? We know that blockchain is a system that used as the main chain for crypto while people are taking the blockchain is a different part and crypto is a separate part in this case.

You may see in some articles already published if blockchain adoption has already started. That is the main problem that must be fixed for crypto to be adoption by the institutional.

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November 25, 2019, 11:20:19 AM
 #17

Cz posts on his twitter account oftenly that " slowly but surely"  I am worried about it. Guys, can you predict how slowly the adoption can be achievable? would It take within 2020 and this 2020 can be remarkable in history? \

I am not certain of the year nor anyone certain of that but I am sure that if adoption will happen, America has to openly embrace cryptocurrency and accept the blockchain technology is inevitable just like China has done. Then Europe can follow suite. Finally, cryptocurrency enthusiasts have to accept the fact the regulation must surely thrive for adoption

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November 25, 2019, 11:24:26 AM
 #18

Cz posts on his twitter account oftenly that " slowly but surely"  I am worried about it. Guys, can you predict how slowly the adoption can be achievable? would It take within 2020 and this 2020 can be remarkable in history? \

What do you mean? Adoption across the board is already happening on a large scale.

I'd actually say that a lot of technologies are already mass adopted, like bitcoin itself, and even ETH with the advent of ICOs with the ERC20 tokens that are hosted on it. A lot of people are waiting for mass adoption to happen, but I say that we may already be speaking in retrospect.

There are certain applications of blockchain tech that may not yet be mature enough, perhaps integration in terms of the regulated financial world. But that depends a lot on the actual regulations themselves and have less to do with the fundamentals of cryptos.

That's what I'm thinking as well. Adoption has been happening already and it's been for years now. More and more companies are joining the pack and even small companies are trying to integrate blockchain technology to improve their operations. Want proof? How about the legit projects introduced here in the forum. You can encounter a lot of projects launched every day. Maybe not all adoption have been documented but I'm sure adoption is already happening.
It is already happening and we can see how it progress as time passes by, but it is still on the process of adoption in many different countries. It will take a lot of time before full adoption will apply, we can see more adoption but there are still that do not consider of accepting it.



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November 25, 2019, 11:40:32 AM
 #19

He mentioned that because his talking about his Binance. Adoption is slowly improving IMO. Before only few projects are in the circle of blockchain but now many have been introduced and continuously increasing. The only problem here is the rate of adoption affected by some projects that aren't needed much. Even without use cases these projects must provide one and not about trading cause it can really affect the adoption.
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November 25, 2019, 12:03:20 PM
 #20

Cz posts on his twitter account oftenly that " slowly but surely"  I am worried about it. Guys, can you predict how slowly the adoption can be achievable? would It take within 2020 and this 2020 can be remarkable in history? \
By adoption, do you mean the entire world adopting cryptocurrency or do you mean just your country. You question is way too broad to answer but to remain optimistic, I will assume that you are referring to a global adoption. In that case, my educated guess is that global adoption could happen as soon as some time by next year, if FaceBooks project Libra is given the green light by the United States congress to go on ahead and launch it's platform. Then all users who have access to FaceBook, Instagram, and WhatsApp will have access to a stable based cryptocurrency.

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