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Author Topic: Crypto mass adoption achievement  (Read 488 times)
sheenshane
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February 28, 2020, 01:46:46 PM
 #21

Just if Libra of Facebook made it to the market, it could have made the whole cryptocurrency adopted by the mass. I still remember the day when Mark Zuckerberg announced Libra. The organizations around the world were shaking to join the said project.

Visa joined the group. The Libra's original company owners from Swiss almost made it with the unicorns in Tech and Fin-tech. But it failed since the government stopped them.

Maybe mass adoption is getting more and more blurred today. The governments are not happy with the cryptocurrencies. Disruption and revolution are never cheap. They said.
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February 28, 2020, 01:53:10 PM
 #22

Yes, all those types of projects are crypto projects.

I think mass adoption will happen by itself without any crypto projects that need to work together. Every project in the crypto will promote their project to the public so people will see and know that there is a crypto project that can be their investment in the long term. If one or more project can get their success, people will see that crypto can give the opportunity for them to make money. They will see that crypto is a new type of investment on the internet, which can be their way of making money besides the other investment type.

Today there are a lot of countries accepting the use of cryptocurrency and many people would like to make improvements and innovation on it. Some of them have some requests like the atm cryptocurrency to make faster transactions of withdrawal and also it has a low transaction fee. One of the things we can do too is to make investment and introduce to other people what does the cryptocurrency can do to make more earning in just a single day. Also, we can make a lot of projects that are related to the world of crypto like having seminars and sharing with other people. It is better if we encourage them to make savings at an early age so they can be independent person because they have enough funds to sustain their lives.

Yes the mass adoption of cryptocurrency will happen by itself or it will happen naturally for the nature of each crypto projects are to advertise themselves and for us who already have seen the opportunities that crypto can give it is our duty to extend those things to other people who still don't know about it so i agree with the seminars thing, in my school we have experienced this seminar about the blockchain technology and it is a great way to introduce crypto and blockchain to someone.

Nothing by itself since it need a support from the new and old people but if the one you mean is it will normally spread since the one who knows about it will talk crypto to their neighbors and friends then we will scatter like fire since word of mouth is so powerful tool, I see so many seminars conducted but actually it doesn't give any benefit since the attention is less and I truly believe that media advertisement is one of the most effective way to spread the awareness of it.

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February 28, 2020, 02:10:32 PM
Merited by michellee (1)
 #23

Yes, all those types of projects are crypto projects.

I think mass adoption will happen by itself without any crypto projects that need to work together. Every project in the crypto will promote their project to the public so people will see and know that there is a crypto project that can be their investment in the long term. If one or more project can get their success, people will see that crypto can give the opportunity for them to make money. They will see that crypto is a new type of investment on the internet, which can be their way of making money besides the other investment type.
This has been into lots of hardship for the past two years and yet there's no development at all. Adoption is indeed a huge factor to make a desired project get into success, but reality never meet what has been expected. Making money always depends on the results, so always take every step as a foundation to create the best strategy which is needed to reach your goals without any hindrance.
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February 28, 2020, 02:55:52 PM
 #24


If all the different crypto projects were more coordinated and united this could be achieved soon or at least each month the whole crypto could have some positive progress.


This could be nice too. It would be like a signal group in my view. This will help crypto adopters to understand different technologies in the different coins. Moreover, incase for bounty hunters too, it will help to foster more unity and force to ensure that they get paid for all their involved bounty.

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February 28, 2020, 07:59:35 PM
 #25


If all the different crypto projects were more coordinated and united this could be achieved soon or at least each month the whole crypto could have some positive progress.


This could be nice too. It would be like a signal group in my view. This will help crypto adopters to understand different technologies in the different coins. Moreover, incase for bounty hunters too, it will help to foster more unity and force to ensure that they get paid for all their involved bounty.
If these crypto projects have the same goal, then mass adoption for crypto is now starting to take place. But it's hard for all crypto projects to be united since each of them have different things to promote. The only thing that is common is the goal of success for crypto projects. Hopefully someday all bounty projects will create one target and that is crypto mass adoption which will require all bounty hunters to help promote mass adoption for crypto.
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February 28, 2020, 10:59:04 PM
 #26

What the crypto projects (any type you can think of crypto projects), are doing in order to achieve mass adoption?

Is there any group of projects working together in order to achieve this social and specifically crypto goal?

If all the different crypto projects were more coordinated and united this could be achieved soon or at least each month the whole crypto could have some positive progress.

We cant point out consider the current numbers of projects in the market with having that different aspects or areas of specialties that were trying to create on or shall we say on different sectors but look at on what happen?

Most of them do end up on failure due to unrealistic aims or goals or shall we say that they do copy out each others ideas and do die up in the end due to lack of support or investors doesnt already trust up this process.

I dont expect too much for alts to give out such thing yet Bitcoin is already enough imho.

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February 29, 2020, 12:22:33 AM
 #27


I dont expect too much for alts to give out such thing yet Bitcoin is already enough imho.

A lot of people think that only bitcoin will be enough for the masses to use, but why they don't stop for a moment and think about the car industry for example, in the car industry we not only have Ford cars, we have Nissan, Mercedez, etc. same applies to crypto, there is room for more than one coin, not just bitcoin, but many altcoins too, those thinking that only bitcoin can make it are completely wrong, thus they are called bitcoin maximalists.

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February 29, 2020, 05:32:30 AM
 #28


I dont expect too much for alts to give out such thing yet Bitcoin is already enough imho.

A lot of people think that only bitcoin will be enough for the masses to use, but why they don't stop for a moment and think about the car industry for example, in the car industry we not only have Ford cars, we have Nissan, Mercedez, etc. same applies to crypto, there is room for more than one coin, not just bitcoin, but many altcoins too, those thinking that only bitcoin can make it are completely wrong, thus they are called bitcoin maximalists.

right, there will be lots of useful cryptos besides altcoin, and like a car, of course crypto will have their respective markets, so it seems like healthy competition can develop together. but of course there will be many people who have the same assessment of one car, and I think that is a common thing

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February 29, 2020, 06:52:42 AM
 #29

The truth is that they can never have the same goal, and because of that they can’t be united. Even those that are working on the same project at times they get divided and they fork the coin and face their different goals. Everyone that’s creating a coin will always have their purpose and it’s not the same with others. And I don’t see anything wrong with them being different.

This is like a business world and businesses are always different, and everyone sell different products. That’s how the crypto world is, bitcoin was created with transaction as the main purpose and Ethereum is created for smart contracts, Monero for privacy, and that’s how it is.
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February 29, 2020, 02:09:26 PM
 #30


I dont expect too much for alts to give out such thing yet Bitcoin is already enough imho.

A lot of people think that only bitcoin will be enough for the masses to use, but why they don't stop for a moment and think about the car industry for example, in the car industry we not only have Ford cars, we have Nissan, Mercedez, etc. same applies to crypto, there is room for more than one coin, not just bitcoin, but many altcoins too, those thinking that only bitcoin can make it are completely wrong, thus they are called bitcoin maximalists.

right, there will be lots of useful cryptos besides altcoin, and like a car, of course crypto will have their respective markets, so it seems like healthy competition can develop together. but of course there will be many people who have the same assessment of one car, and I think that is a common thing
This is actually the result of our hardworks wherein we are making noise in the society, what I mean is that we are promoting cryptocurrency aside from bitcoin, also altcoins are becoming famous all around the world. Although there are some countries that are not allowing cryptocurrency to be used. Some people's primary feedbacks about crypto is that cryptocurrency is a scam which is actually not for us. We can say that there are some projects that are intentionally scamming other people, there are lots of projects that are dedicated and really want to achieve success.

I dont expect too much for alts to give out such thing yet Bitcoin is already enough imho.

A lot of people think that only bitcoin will be enough for the masses to use, but why they don't stop for a moment and think about the car industry for example, in the car industry we not only have Ford cars, we have Nissan, Mercedez, etc. same applies to crypto, there is room for more than one coin, not just bitcoin, but many altcoins too, those thinking that only bitcoin can make it are completely wrong, thus they are called bitcoin maximalists.

right, there will be lots of useful cryptos besides altcoin, and like a car, of course crypto will have their respective markets, so it seems like healthy competition can develop together. but of course there will be many people who have the same assessment of one car, and I think that is a common thing
Mass adoption would be good to the community wherein there are big chances that we can gain a lot more investors to support upcoming projects and also buyers of altcoins. We already know that different projects have different platforms that will help particular problems on transactions through technology.

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February 29, 2020, 02:39:01 PM
 #31


I think they are convincing stores to accept tokens, there is an article about Cardano being accepted to a store as well which they can use the phone wallet to pay. Its too early for Cardano to be accepted but they already are accepted. I really think the the mobile apps are going to make all these mass adoption possibly quicker than another decade.
That's right one of the biggest factor that can make the massive adoption of the mass will be the mobile applications and mobile phones because you can do everything in you mobile phones and also the wallets are just through the use of mobile applications in which you can easily access it without and hassle so I can really also say that this can be the key to the massive adoption of the cryptocurrency all over the world. Due to the continues adaptation of cryptocurrency in our country many mobile applications and wallets are pumping out because they are supplying the needs of the users and people.



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February 29, 2020, 02:45:15 PM
 #32

This has been into lots of hardship for the past two years and yet there's no development at all. Adoption is indeed a huge factor to make a desired project get into success, but reality never meet what has been expected. Making money always depends on the results, so always take every step as a foundation to create the best strategy which is needed to reach your goals without any hindrance.

If we see how good the crypto adoption in these 5 years, maybe we will see good adoption for crypto after 2015, and with helping from the internet, cryptocurrency can spread in many ways, one way that we know is from social media. Social media like Facebook, twitter, youtube, and else will be the way to get more adoption from the people because people will see every news about cryptocurrency and that will help crypto to be spread among them.

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February 29, 2020, 02:48:05 PM
 #33

What the crypto projects (any type you can think of crypto projects), are doing in order to achieve mass adoption?

No more crypto projects needed which itself enough to bring the mass adoption. Smiley

People are afraid of scam projects in crypto space which constantly damaging the crypto market so new people are not interested to make deep research which lacks the adoption rate. Once the scam project completely gets vanished which will ring more trust to people and adoption as well.

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AitorMarcos
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February 29, 2020, 05:11:21 PM
 #34

What the crypto projects (any type you can think of crypto projects), are doing in order to achieve mass adoption?

No more crypto projects needed which itself enough to bring the mass adoption. Smiley

People are afraid of scam projects in crypto space which constantly damaging the crypto market so new people are not interested to make deep research which lacks the adoption rate. Once the scam project completely gets vanished which will ring more trust to people and adoption as well.

According to your words the answer to op's question would be - name any big and relatively stable crypto company, the bigger the better for adoption.
I'd say its not particular project which pushes adoption to masses.
But its people who tries to connect crypto to govs, big companies (like  coinbase and visa), who adds crypto payment options to local franchise service.
All those things brings a lot of attention to crypto.
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February 29, 2020, 05:15:39 PM
 #35

But its people who tries to connect crypto to govs, big companies (like  coinbase and visa), who adds crypto payment options to local franchise service.
All those things brings a lot of attention to crypto.
If it is then we are going against decentralization to bring more adoption? Services for what to make cryptos to fiat then this kind of adoption will keep cryptos as assets not as the payment mode.Anyone can send and receives cryptos on their own by having a wallet alone.

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February 29, 2020, 05:33:39 PM
 #36

If it's not useful, I don't think even a join project with all coins combined would do any good. They are all just speculation assets at this point.

Anyway, I want to see Bitcoin used in casual mobile games like FarmVille, etc., and used directly as in-game currency. For example, new accounts get free 500 satoshis to buy seed and then grow the crops, sell it, and earn more satoshis. Anything you can imagine, with balanced gameplay, of course, so not many people will get rich because of this game Grin

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March 01, 2020, 06:47:45 PM
 #37

What the crypto projects (any type you can think of crypto projects), are doing in order to achieve mass adoption?

Is there any group of projects working together in order to achieve this social and specifically crypto goal?

If all the different crypto projects were more coordinated and united this could be achieved soon or at least each month the whole crypto could have some positive progress.


Actually your idea of uniting those crypto project seems vague because all of them are different from each other and delivers different value. Maybe the thing they can bring is the people that supports their project because in this way they are inviting new users to explore the crypto ecosystem. Also, if we want crypto to be adopted, it should be first implemented by tjose big businesses out there to generate enough number of supporters.
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March 01, 2020, 07:03:17 PM
 #38

What the crypto projects (any type you can think of crypto projects), are doing in order to achieve mass adoption?

Is there any group of projects working together in order to achieve this social and specifically crypto goal?

If all the different crypto projects were more coordinated and united this could be achieved soon or at least each month the whole crypto could have some positive progress.


I dont think there is a certain project that has exactly have this kind of goal. I think somehow it is natural for every campaign to generate adoption for the whole crypto ecosystem because if their supporter invest with them they are probably opening new possibility of exploring other coins.
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March 01, 2020, 11:43:32 PM
 #39

What the crypto projects (any type you can think of crypto projects), are doing in order to achieve mass adoption?

Is there any group of projects working together in order to achieve this social and specifically crypto goal?

If all the different crypto projects were more coordinated and united this could be achieved soon or at least each month the whole crypto could have some positive progress.

if we want crypto to be adopted, it should be first implemented by tjose big businesses out there to generate enough number of supporters.


I think that will occur at some point sooner than later, just like what happened with the internet, there were many businesses that started doing commercial things with the internet so it became popular and useful, the same thing will happen with blockchain.


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March 02, 2020, 04:51:55 AM
 #40

What the crypto projects (any type you can think of crypto projects), are doing in order to achieve mass adoption?

Is there any group of projects working together in order to achieve this social and specifically crypto goal?

If all the different crypto projects were more coordinated and united this could be achieved soon or at least each month the whole crypto could have some positive progress.

if we want crypto to be adopted, it should be first implemented by tjose big businesses out there to generate enough number of supporters.


I think that will occur at some point sooner than later, just like what happened with the internet, there were many businesses that started doing commercial things with the internet so it became popular and useful, the same thing will happen with blockchain.


Because, people should not underestimate what time and technology can do in a society. Integration of cryptocurrency in different countries are now happening, making their own crypto coin that will be used in their financial transactions all throughout their society. But, it needs time and effort for them to cover and implement their whole country with new financial currency that might replace fiats.

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