Mass adoption of crypto

[laxutraly]

I believe the mass adoption of crypto (I say crypto and not Bitcoin) will occur when there are central banks in the final 3 countries who are resisting.  The 3 countries are Syria, Iran and North Korea.  Iraq and Libya also did not have a central bank however they have now "seen the light".  I believe war and sabotage will rage in the reaming 3 countries until they finally fall and a central bank is ushered in.

Once all countries have a central bank in place I believe the world currency will roll out.  I believe this world currency will be crypto in nature (not paper) and I'm leaning to a world government type coin over Bitcoin at this time however I leave open the possibility Bitcoin is the chosen one.  There will be a false flag event or a economic collapse which will have the people begging for this currency.  The people will beg for it.  That part is important to the puppet masters.

The issue with this world currency is your wallet will be connected to you.  We will talk of the good ole days when you could head over to MEW and get 400 wallet address when ever you wanted.  These wallets will be controlled and your identity will be attached.  This is why KYC is dangerous and setting a horrible president.  All other forms of transaction will be made illegal.  Once this is in place the new power structure will be able to see every transaction and analyse it.  Your taxes can in effect be done for you at this point and there will be no hiding.  It will be the perfect tax trap.  Children can be taxed on gifts.  This can and will get extreme.

I do believe there will be a privacy coin that will be able to be used such as Monero.  The government black op agencies will need to launder the money some how and a rogue privacy coin will most likely accomplish that.  Hopefully we can hide among them using this currency.

I fear a evil plot concerning Bitcoin and crypto that I don't see talked about much.  I love the technology and use Bitcoin and Ethereum to pay for 5 of my monthly bills at this point.  So I 'm a huge believer.  Just paranoid.

Crazy theory or real possibility?

I live in the forest in northern Canada waiting for the economic collapse so I may be a bit crazy.  Keep that in mind.


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[stompix]

I believe the mass adoption of crypto (I say crypto and not Bitcoin) will occur when there are central banks in the final 3 countries who are resisting.  The 3 countries are Syria, Iran and North Korea. 

Syria:
http://cb.gov.sy/ar
Iran:
https://www.cbi.ir/default_en.aspx
North Korea:
https://en.wikipedia.org/wiki/Central_Bank_of_the_Democratic_People%27s_Republic_of_Korea

So....where is my mass adoption?

I live in the forest in northern Canada waiting for the economic collapse so I may be a bit crazy.  Keep that in mind.

I was talking to a friend a few weeks ago about living in Nunavut, he told me this thing:
http://www.tacticalimports.ca/gm6-lynx-p-3.html
is legal in Canada.
Get one, it will help you calm down a lot

[Darker45]

I believe the mass adoption of crypto (I say crypto and not Bitcoin) will occur when there are central banks in the final 3 countries who are resisting. 

This is a bizarre way of looking at it. While others are thinking that the most aggressive crypto adoption will occur when the central banks of countries will slowly dismantle one after another, here you are thinking of the complete opposite, that when every country in the world will have its own central bank, mass adoption will take place. I simply don't understand.

I'm leaning to a world government type coin over Bitcoin at this time however I leave open the possibility Bitcoin is the chosen one. 

This is highly unlikely. Even a single government choosing a completely alien currency to be their national currency of choice is hard to imagine. 

The issue with this world currency is your wallet will be connected to you.  We will talk of the good ole days when you could head over to MEW and get 400 wallet address when ever you wanted.  These wallets will be controlled and your identity will be attached.  This is why KYC is dangerous and setting a horrible president.  All other forms of transaction will be made illegal.  Once this is in place the new power structure will be able to see every transaction and analyse it.  Your taxes can in effect be done for you at this point and there will be no hiding.  It will be the perfect tax trap.  Children can be taxed on gifts.  This can and will get extreme.

I tend to agree on this. But people will always find a way to get around tight policies and measures. Bitcoin is in fact born out of it.

[Krislaw]

The issue with this world currency is your wallet will be connected to you.  We will talk of the good ole days when you could head over to MEW and get 400 wallet address when ever you wanted.  These wallets will be controlled and your identity will be attached.  This is why KYC is dangerous and setting a horrible president.  All other forms of transaction will be made illegal.  Once this is in place the new power structure will be able to see every transaction and analyse it.  Your taxes can in effect be done for you at this point and there will be no hiding.  It will be the perfect tax trap.  Children can be taxed on gifts.  This can and will get extreme.

And this is the most scary part of your analysis.  .
Most Exchanges now requires KYC for some certain amount of transaction and one day, they will turn all our data to the government and crypto will become centralised. Even a decentralised exchange called IDEX implemented that which shows that this space is starting to require ID verification for most things that we do.

[hello_good_sir]

Firstly, there is no need to talk about North Korean. The UN has already declared numerous issues against them, and thinking their opinion is valid in the acceptance of crypto-currencies is just frankly stupid. Syria, and especially Iran make sense, as these are pretty powerful middle-eastern countries that will actually have an effect against the acceptance of crypto.

They haven't been very forthcoming with crypto-currencies at all! Iran and Syria have not made any changes in recent years, and whatever you are referencing is incorrect. Although, I still think the world is going to be able to move on with newer technologies, even if Syria and Iran don't agree with this new tech.

[garyrowe]

The issue with this world currency is your wallet will be connected to you.  We will talk of the good ole days when you could head over to MEW and get 400 wallet address when ever you wanted.  These wallets will be controlled and your identity will be attached.  This is why KYC is dangerous and setting a horrible president.  All other forms of transaction will be made illegal.  Once this is in place the new power structure will be able to see every transaction and analyse it.  Your taxes can in effect be done for you at this point and there will be no hiding.  It will be the perfect tax trap.  Children can be taxed on gifts.  This can and will get extreme.

And this is the most scary part of your analysis.  .
Most Exchanges now requires KYC for some certain amount of transaction and one day, they will turn all our data to the government and crypto will become centralised. Even a decentralised exchange called IDEX implemented that which shows that this space is starting to require ID verification for most things that we do.

I just hope the purpose of crypto which is elimination of third party interaction is sustained at the end of the day no matter the amount of government blackmail. If Idex which is a decentralized exchange could begin to demand for kyc, i wonder where the concept of decentralization stands.

[Yaunfitda]

I believe the mass adoption of crypto (I say crypto and not Bitcoin) will occur when there are central banks in the final 3 countries who are resisting.  The 3 countries are Syria, Iran and North Korea.  Iraq and Libya also did not have a central bank however they have now "seen the light".  I believe war and sabotage will rage in the reaming 3 countries until they finally fall and a central bank is ushered in.

Those three countries are authoritative regime and I don't that it will suddenly change in the next five years.

I do believe there will be a privacy coin that will be able to be used such as Monero.  The government black op agencies will need to launder the money some how and a rogue privacy coin will most likely accomplish that.  Hopefully we can hide among them using this currency.

Monero has been delisted by some major exchanges, so criminals still prefer bitcoin, sad to say.

Well the plot is still ongoing up to this time but I believed that bitcoin has shown how resilient and even though there are 'evil plot' as you describe it, they won't succeed.

[adzino]

I believe the mass adoption of crypto (I say crypto and not Bitcoin) will occur when there are central banks in the final 3 countries who are resisting.  The 3 countries are Syria, Iran and North Korea.  Iraq and Libya also did not have a central bank however they have now "seen the light".  I believe war and sabotage will rage in the reaming 3 countries until they finally fall and a central bank is ushered in.

Once all countries have a central bank in place I believe the world currency will roll out.  I believe this world currency will be crypto in nature (not paper) and I'm leaning to a world government type coin over Bitcoin at this time however I leave open the possibility Bitcoin is the chosen one.  There will be a false flag event or a economic collapse which will have the people begging for this currency.  The people will beg for it.  That part is important to the puppet masters.

The issue with this world currency is your wallet will be connected to you.  We will talk of the good ole days when you could head over to MEW and get 400 wallet address when ever you wanted.  These wallets will be controlled and your identity will be attached.  This is why KYC is dangerous and setting a horrible president.  All other forms of transaction will be made illegal.  Once this is in place the new power structure will be able to see every transaction and analyse it.  Your taxes can in effect be done for you at this point and there will be no hiding.  It will be the perfect tax trap.  Children can be taxed on gifts.  This can and will get extreme.

I do believe there will be a privacy coin that will be able to be used such as Monero.  The government black op agencies will need to launder the money some how and a rogue privacy coin will most likely accomplish that.  Hopefully we can hide among them using this currency.

I fear a evil plot concerning Bitcoin and crypto that I don't see talked about much.  I love the technology and use Bitcoin and Ethereum to pay for 5 of my monthly bills at this point.  So I 'm a huge believer.  Just paranoid.

Crazy theory or real possibility?

I live in the forest in northern Canada waiting for the economic collapse so I may be a bit crazy.  Keep that in mind.

So you just want a centralized currency which is "not" bitcoin but some other crypto currency. In other words, you just want to get rid of paper currency and make everything digital? Then whats the use? There already exists digital wallets like Paypal. I don't see any benefit of having a centralized crypto currency system. In a centralized system, everything will still be under the control of the government, thus nullifying the real cause of crypto currency which is financial freedom!

[AliMan]

The issue with this world currency is your wallet will be connected to you.  We will talk of the good ole days when you could head over to MEW and get 400 wallet address when ever you wanted.  These wallets will be controlled and your identity will be attached.  This is why KYC is dangerous and setting a horrible president.  All other forms of transaction will be made illegal.  Once this is in place the new power structure will be able to see every transaction and analyse it.  Your taxes can in effect be done for you at this point and there will be no hiding.  It will be the perfect tax trap.  Children can be taxed on gifts.  This can and will get extreme.

And this is the most scary part of your analysis.  .
Most Exchanges now requires KYC for some certain amount of transaction and one day, they will turn all our data to the government and crypto will become centralised. Even a decentralised exchange called IDEX implemented that which shows that this space is starting to require ID verification for most things that we do.

What are going to be scared of? We need not to be worry all about if we're doing legit intentions with their exchange site. KYC just taking our legitimate identity as proof of existence. This prevents any possible scammers to come and trade with us, and become their potential victim. If this will bring good results for everybody, I think mass adoptions will follow because it increases demand and interest from new comers who desires to use crypto for their daily trading.

[chaoscoinz]

I believe the mass adoption of crypto (I say crypto and not Bitcoin) will occur when there are central banks in the final 3 countries who are resisting.  The 3 countries are Syria, Iran and North Korea.  Iraq and Libya also did not have a central bank however they have now "seen the light".  I believe war and sabotage will rage in the reaming 3 countries until they finally fall and a central bank is ushered in.

Once all countries have a central bank in place I believe the world currency will roll out.  I believe this world currency will be crypto in nature (not paper) and I'm leaning to a world government type coin over Bitcoin at this time however I leave open the possibility Bitcoin is the chosen one.  There will be a false flag event or a economic collapse which will have the people begging for this currency.  The people will beg for it.  That part is important to the puppet masters.

The issue with this world currency is your wallet will be connected to you.  We will talk of the good ole days when you could head over to MEW and get 400 wallet address when ever you wanted.  These wallets will be controlled and your identity will be attached.  This is why KYC is dangerous and setting a horrible president.  All other forms of transaction will be made illegal.  Once this is in place the new power structure will be able to see every transaction and analyse it.  Your taxes can in effect be done for you at this point and there will be no hiding.  It will be the perfect tax trap.  Children can be taxed on gifts.  This can and will get extreme.

I do believe there will be a privacy coin that will be able to be used such as Monero.  The government black op agencies will need to launder the money some how and a rogue privacy coin will most likely accomplish that.  Hopefully we can hide among them using this currency.

I fear a evil plot concerning Bitcoin and crypto that I don't see talked about much.  I love the technology and use Bitcoin and Ethereum to pay for 5 of my monthly bills at this point.  So I 'm a huge believer.  Just paranoid.

Crazy theory or real possibility?

I live in the forest in northern Canada waiting for the economic collapse so I may be a bit crazy.  Keep that in mind.

I think that mass adoption can't and won't happen unless major governmental entities make efforts for the average Joe to be properly educated and setup for mass adoption. As of now, a regular Joe wouldn't really care for Blockchain technology or cryptocurrency because others average Joe's aren't really talking about it or using it.
  Try explaining Bitcoin to my grandmother, and she'll tell you if the local politicians and governmental bodies, or banks aren't supporting it, it's no good to her. But if you give Bitcoin and Cryptocurrencies a huge platform like PayPal has with the Ebay collaboration, it could work exceptionally well. This is why I'm in support of Facebook's Libra platform. It might be centralized but it could work, because of Facebook's global reach of the people.

[alyssa85]

People in Syria and North Korea are just too desperate to even consider bitcoin.

Syrians are trying not to get killed - finding an exchange where they can buy bitcoin is not on the top of their agenda. North Koreans are extremely poor and cut off, they don't have enough electricity in their country to be able to go online, let alone use an online currency like bitcoin.

If adoption happens, it will come in the second tier countries. They're stable enough so that people can earn the money to buy bitcoin in the first place, but also corrupt enough that people don't trust their govt or currency and are looking for alternatives like dollars, gold and bitcoin.

[BitBite5]

This is an illusion. Half of population in the world is not using internet, many of them still don't have electricity at all. Not to mention education and digital skills. I think that cryptocurrencies will always stay a privilege of certain group of people although that is not general idea and it's not good.

[Alastor76]

Cryptocurrencies could potentially achieve widespread adoption, but achieving this milestone will require them to overcome several key obstacles. By surmounting these challenges, digital currencies could make themselves far more appealing to users and investors while also creating a better situation for everyone interested in the space...

[Asmonist]

Mass adoption of crypto could be possible but for now its not really that huge yet. There are still government regulation issues and its not yet quite adoptable to everyone. Well, its really challenging especially on the part of the government because it will change the normal activities but eventually its for the betterment. If the said countries (Syria, Iraq and Noth Korea) are interested with it then who can resist them anyway. If that is the case, I think we need crypto governing bodies for that matter. The more are involved, the more monitorings and regulations to be implemented.

[Yamifoud]

I do believe there will be a privacy coin that will be able to be used such as Monero.  The government black op agencies will need to launder the money some how and a rogue privacy coin will most likely accomplish that.  Hopefully we can hide among them using this currency.

And you think that Monero is the solution to this problem? Cause I don't think that Monero could help.
Mass adoption can't be real, we can't disclose to a certain thing that fiat would still exist and even used by the majority. Crypto isn't really in much appreciated by the community instead, they keep thinking that crypto it never contributes good things to us. 

May the government regulating bodies will have a big role for this and to acquire such adoption for they will change their mind and see the good thing with the use of crypto. 

[Mike Mayor]

Oh gosh. The disillusions you have. They can't even get giving parking and speeding fines right how on earth will the government manage this? Do you have any idea how much manpower doing this will take? There is not enough manpower. If we can't even deal with the war on drugs do you think anyone will be able to monitor crypto? Using your KYC to get a wallet it crazy. My country will tell America to !@#$ right off if they want to start their shit. We not exactly over the moon about America anyway. These are American laws. Only they are insane enough to pursue such crap and hound you down. If this ever happens then we all lose our freedome and people will rebel. I will rebel. I won't sit and take it. They basically taking away your life. I'll fight for my freedom even if I must die for it so good luck to any government passing this shit.

[kro55]

Which central bank is accepting BTC with open arms? I think non in the world.
Banks are centralized financial institutes while BTC is decentralized financial system. In order to have mass adoption BTC has to win the war with all such centralized bodies.

[diahsw]

if that happens, bitcoin will be cheap, and we don't know what cheap it is, I'm not sure to say it !!

[Artemis3]

I believe the mass adoption of crypto (I say crypto and not Bitcoin) will occur when there are central banks in the final 3 countries who are resisting.  The 3 countries are Syria, Iran and North Korea.  Iraq and Libya also did not have a central bank however they have now "seen the light".  I believe war and sabotage will rage in the reaming 3 countries until they finally fall and a central bank is ushered in.

Once all countries have a central bank in place I believe the world currency will roll out.  I believe this world currency will be crypto in nature (not paper) and I'm leaning to a world government type coin over Bitcoin at this time however I leave open the possibility Bitcoin is the chosen one.  There will be a false flag event or a economic collapse which will have the people begging for this currency.  The people will beg for it.  That part is important to the puppet masters.

The issue with this world currency is your wallet will be connected to you.  We will talk of the good ole days when you could head over to MEW and get 400 wallet address when ever you wanted.  These wallets will be controlled and your identity will be attached.  This is why KYC is dangerous and setting a horrible president.  All other forms of transaction will be made illegal.  Once this is in place the new power structure will be able to see every transaction and analyse it.  Your taxes can in effect be done for you at this point and there will be no hiding.  It will be the perfect tax trap.  Children can be taxed on gifts.  This can and will get extreme.

I do believe there will be a privacy coin that will be able to be used such as Monero.  The government black op agencies will need to launder the money some how and a rogue privacy coin will most likely accomplish that.  Hopefully we can hide among them using this currency.

I fear a evil plot concerning Bitcoin and crypto that I don't see talked about much.  I love the technology and use Bitcoin and Ethereum to pay for 5 of my monthly bills at this point.  So I 'm a huge believer.  Just paranoid.

Crazy theory or real possibility?

I live in the forest in northern Canada waiting for the economic collapse so I may be a bit crazy.  Keep that in mind.

Hong Kong does not have a central bank. Its currency is managed by 4 large private banks. Of course that has nothing to do with anything, Central Banks are needed for fractional reserve banking. Sometimes they are also put in charge of the national currency, but that is optional. Countries can use another country's coin, but they still need a bank for the other banks to mitigate bankruns.

Bitcoin is already on the path of becoming defacto world's currency, its one that can be accepted anywhere.

The economy can actually collapse world wide, if some event makes people withdraw their money simultaneously. Thanks to the legalized ponzi scheme known as fractional reserve banking, more than 90% of the money does not exist anywhere.

The world is too far from having a world government, but it DOES have a world bank... That can buffer the other central banks from bankruptcy, should a bankrun ever occurs in a whole country (ie. a War).

Bitcoin is deflationary, and this needs Austrian economics. Therefore, there is no need for central banks, as the Austrians don't want fractional reserve banking anymore. For this reason Bitcoin reigns over inflationary that lose their purchasing power over time like eth.

Controlled (centralized) "crypto" by government you can already see in my country, and apparently soon in China. It is as you say, one address per person, and the only wallet is their online wallet in their central server. This type of garbage crypto will not occur on a worldwide level, there won't be a world government issuing one, its not possible the governments won't ever agree on terms and some would object the thing entirely.

There may be some national "crypto" coins, maybe even a wide region € like crypto coin, but nothing more.

[bounceback]

if that happens, bitcoin will be cheap, and we don't know what cheap it is, I'm not sure to say it !!

You don't need to worry too much, it is very unlikely that bitcoin is no longer feasible because I think bitcoin will still be valuable because we know that bitcoin has limited inventory, because as far as we see today every asset with limited inventory will always be valuable like bitcoin and gold, although the world will later launch their crypto which can be controlled by the government and I believe it is only for their benefit through taxation.