The acceptance of cryptocurrency worldwide

[Findingnemo]

If all countries can accepted crypto currencies in there various countries, as a means of payment and as a means of online exchanges, such as money is, money is anything use as a means of exchange and general acceptable. With the means I think all cryptocurrencies (bitcoin) will definitely go round the world, and will be use as a means of exchange. I will be so grateful to the creation of crypto currencies. This will also help our future generation, Remember something when we do international transfer across the countries, it may take a while to get the money to your local bank account, but with cryptocurrency you can get instant reflection if bitcoin etc is transfer to wallet,And you can make use of your coin (bitcoin ETC).

You can do all the things by now itself, no need for government approval and I doubt they will never will because government want to have control over the currency we are using so they are not going to let the bitcoin is going to be the main currency of this world.

Bitcoin and other cryptos have its cons too especially if it is used by more people like the blockchain network will be congested which makes the tx fee reach a huge value which will not fit for smaller payments which we are going to make in everyday life.

[Majharul Saiif]

Cryptocurrency will one day be accepted worldwide. Because it bestows us a lot of windfalls. Although there are some impediments, in my viewpoint, the proportion of windfalls is more. Hopefully one day everything will be great.

[usekevin]

If all countries can accepted crypto currencies in there various countries, as a means of payment and as a means of online exchanges, such as money is, money is anything use as a means of exchange and general acceptable. With the means I think all cryptocurrencies (bitcoin) will definitely go round the world, and will be use as a means of exchange. I will be so grateful to the creation of crypto currencies. This will also help our future generation, Remember something when we do international transfer across the countries, it may take a while to get the money to your local bank account, but with cryptocurrency you can get instant reflection if bitcoin etc is transfer to wallet,And you can make use of your coin (bitcoin ETC).

Many country had legalised crypto currency. Some country legalised a specific number of currency.Whatever bitcoin will be on safer side.Some of the wireless transfer is happening through bitcoin now.If it's accepted by all over the world, surely it had capable to replace the dollar. Now dollar is common one for the transaction, it may be replaced by bitcoin.

[dunfida]

If all countries can accepted crypto currencies in there various countries, as a means of payment and as a means of online exchanges, such as money is, money is anything use as a means of exchange and general acceptable. With the means I think all cryptocurrencies (bitcoin) will definitely go round the world, and will be use as a means of exchange. I will be so grateful to the creation of crypto currencies. This will also help our future generation, Remember something when we do international transfer across the countries, it may take a while to get the money to your local bank account, but with cryptocurrency you can get instant reflection if bitcoin etc is transfer to wallet,And you can make use of your coin (bitcoin ETC).

Adoption is on the move but dont let your hopes too high because we know on whats Bitcoin when it comes to anonymity and decentralization  which is primarily the big cons or
that do opposes centralization on where governments do prefer.This is why we do really see some do accept crypto and some do totally ban it and we cant changed those kind of decisions
since each leader will really have different approach towards it thats why its impossible to expect about full adoption on worldwide scale but somewhat we are seeing that theres
really a progress when it comes to recognition but to point out that this will really just remain as an alternative.

[Yatsan]

Easy to say but hard to be done. Making people understand how Bitcoin works and what the importance of its existence is already a big challenge for most people are not that interested on getting into crypto because we are all have different preferences on the kind of currency we are going to use. Even if we are already in the modernized world where digitalization is present, still there are lots of people who patronize using fiat money rather than digital ones like cryptos for they find it difficult and complex to understand. Acceptance,  legalities and other concerns and many other factors which includes the presence of the government views towards Bitcoin and the whole cryptocurrency is making it hard for people to accept and adapt on using it on their certain countries. Accessibility on the advancement of technology and resources must be taken into consideration so that there is no single person to be left behind on wanting to adapt and accept cryptocurrencies which is yet far beyond to happen because there are still remote place that do not have access on technology.

But maybe in the near future, it might be possible that every single country around the world can be able to accept and adapt using cryptocurrency. But as for now, it is still far impossible.

[rollingdice]

Bitcoin can be accepted worldwide as a part of shadow economy. No way it will be the world official currency or the world reserve currency like a dollar nowadays.

[AniviaBtc]

Worldwide acceptance is still too low. There are a lot of problems with regulation and merchants adoption. And still, not so much people need it in general

Also problem with the economy and every government, it is not that easy to achieve bitcoin's adoption due to its reputation.

If scamming and hacking scenarios are still existing in the news that makes the public have a bad reputation towards it, bitcoin's acceptance in the community is really hard to achieve. I'm just thinking about other factors, i'm stating some facts because there are still a lot of newbies who are getting fooled in a cryptocurrency industry, which is not a good thing.

Regulation is also a main problem and an another factor to consider.

[Latviand]

Cryptocurrency will one day be accepted worldwide. Because it bestows us a lot of windfalls. Although there are some impediments, in my viewpoint, the proportion of windfalls is more. Hopefully one day everything will be great.

Bitcoin's volatility can be a hindrance towards its acceptance in the community worldwide.

It will surely take a lot of time before this bitcoin to become fully accepted by the people because it is still under development. It still have a lot of flaws although it is the most popular cryptocurrency and it is profitable. My perception towards bitcoin is that it can possibly become accepted in public but this is not the right time to think about that.

Bitcoin was made to dominate the market and we just need to wait for it to happen.

[Taskford]

Cryptocurrency will one day be accepted worldwide. Because it bestows us a lot of windfalls. Although there are some impediments, in my viewpoint, the proportion of windfalls is more. Hopefully one day everything will be great.

Bitcoin's volatility can be a hindrance towards its acceptance in the community worldwide.

It will surely take a lot of time before this bitcoin to become fully accepted by the people because it is still under development. It still have a lot of flaws although it is the most popular cryptocurrency and it is profitable. My perception towards bitcoin is that it can possibly become accepted in public but this is not the right time to think about that.

Bitcoin was made to dominate the market and we just need to wait for it to happen.

The volatility is the major problem there since I believe those big institution will be worried about something bad happen if the market turn red and they cannot react properly since they are new industry and might this is the reason of there fall down.  But hopefully all will be in places and education drive will be conducted to make this kind of worries erased so that the economic growth of bitcoin will  rise up.

[todiefor17]

The future global currency will not be based on Bitcoin or any of the current alts in my opinion. It will be a centralised virtual currency operated by the banking elite.

Yes, it could also be a centralized chain entirely controlled by the banks. Without decentralization, just focusing on security, they will utilize Blockchain technology for their work. China is doing the same, they are just admitting blockchain technology, there is no room for Bitcoin or any kind of altcoin in their system.

[isaac_clarke22]

If all countries can accepted crypto currencies in there various countries, as a means of payment and as a means of online exchanges, such as money is, money is anything use as a means of exchange and general acceptable. With the means I think all cryptocurrencies (bitcoin) will definitely go round the world, and will be use as a means of exchange. I will be so grateful to the creation of crypto currencies. This will also help our future generation, Remember something when we do international transfer across the countries, it may take a while to get the money to your local bank account, but with cryptocurrency you can get instant reflection if bitcoin etc is transfer to wallet,And you can make use of your coin (bitcoin ETC).

Not sure if the speed of depositing my money into a bank account has the same speed as sending transactions in Bitcoin, but I don't think it will ever be the same as both of it.
Bitcoin can be exchanged to fiat money but it is gonna be a bit tough to be adopted as a means of payment to some merchants due to volatility of the price as we know it.

[Asuspawer09]

If all countries can accepted crypto currencies in there various countries, as a means of payment and as a means of online exchanges, such as money is, money is anything use as a means of exchange and general acceptable. With the means I think all cryptocurrencies (bitcoin) will definitely go round the world, and will be use as a means of exchange. I will be so grateful to the creation of crypto currencies. This will also help our future generation, Remember something when we do international transfer across the countries, it may take a while to get the money to your local bank account, but with cryptocurrency you can get instant reflection if bitcoin etc is transfer to wallet,And you can make use of your coin (bitcoin ETC).

Bitcoin has a very high potential of becoming a world currency and I think it is already used in a lot of countries around the world as a currency and a digital currency.

Not all cryptocurrency is going to go around the world as their are so many cryptocurrencies that don't actually have a value. As bitcoin adaptation continues we could see a lot of platforms of the banking system that are already supporting bitcoin conversion that is actually a good sign that bitcoin is being recognized around the world. Bitcoin technology is revolutionary compared to fiat money and it is actually a big jump but still not supported by a lot of countries or government, but as bitcoin adaptation continues it is going to be easy for bitcoin we be used by a lot of people.

[Ridwan Fauzi]

For the sending money purpose I don't think you need a government regulation. You can do it now as long as the reciever already know how to change bitcoin to money fiat. I've done this several times (actually I have more times to use altcoin) because I have a friend who study abroad, I suggest to his parent to using crypto currency rather than money fiat. I think the government will allowed it if they know using crypto currency is more efficient then their service. But, for the payment purpose I'm sure it needs more times, the government will have a thousands of reasons for the citizen to keep using money fiat.

[Xxmodded]

For the sending money purpose I don't think you need a government regulation. You can do it now as long as the reciever already know how to change bitcoin to money fiat. I've done this several times (actually I have more times to use altcoin) because I have a friend who study abroad, I suggest to his parent to using crypto currency rather than money fiat. I think the government will allowed it if they know using crypto currency is more efficient then their service. But, for the payment purpose I'm sure it needs more times, the government will have a thousands of reasons for the citizen to keep using money fiat.

Individual payment still available for using bitcoin and altcoin as currency when you send money for your friend or make payment on some website, but for government many country still not give access for bitcoin and altcoin become legal currency payment because they think have many risk with bitcoin suddenly could dump and make many people will lost chance with their transaction, how ever not all people and company will sell bitcoin after receiving from payment and they will hold several day before selling so it have chance for bitcoin back to lower price or keep going to higher price.

[Expecto]

If all countries can accepted crypto currencies in there various countries, as a means of payment and as a means of online exchanges, such as money is, money is anything use as a means of exchange and general acceptable. With the means I think all cryptocurrencies (bitcoin) will definitely go round the world, and will be use as a means of exchange. I will be so grateful to the creation of crypto currencies. This will also help our future generation, Remember something when we do international transfer across the countries, it may take a while to get the money to your local bank account, but with cryptocurrency you can get instant reflection if bitcoin etc is transfer to wallet,And you can make use of your coin (bitcoin ETC).

Bitcoin legalization actions gained speed recently. Even a country like Russia that was against Bitcoin has started to lean towards it. If the acceptance rate continues to increase like this, it will be awesome to see much more people use Bitcoin on almost everything.

[ethereumhunter]

Cryptocurrency will one day be accepted worldwide. Because it bestows us a lot of windfalls. Although there are some impediments, in my viewpoint, the proportion of windfalls is more. Hopefully one day everything will be great.

Bitcoin's volatility can be a hindrance towards its acceptance in the community worldwide.

It will surely take a lot of time before this bitcoin to become fully accepted by the people because it is still under development. It still have a lot of flaws although it is the most popular cryptocurrency and it is profitable. My perception towards bitcoin is that it can possibly become accepted in public but this is not the right time to think about that.

Bitcoin was made to dominate the market and we just need to wait for it to happen.

I agree to that and to the other guy that stated that bitcoin will not be the cryptocurrency that is going to be used worldwide, bitcoin will have a wide range of acceptance but will not be a worldwide currency this has been a discussion ages ago but little development have been done, some businesses have tried accepting bitcoin as payment but they always revert back to fiat because of its volatility the risk of losing 10-30% of your capital in an overnight crash is a big loss.

I think that is because the government is not giving bitcoin acceptance, so people tend not to use bitcoin as the payment solution. The volatility is another thing that the business owner thinks because that means they need to accept the volatility, and they need to see the price will go up and down. Maybe bitcoin needs more years to be accepted worldwide, and many governments will also accept bitcoin as the payment. If that happens, maybe cryptocurrency will begin to be used for the payment.

[adzino]

If all countries can accepted crypto currencies in there various countries, as a means of payment and as a means of online exchanges, such as money is, money is anything use as a means of exchange and general acceptable. With the means I think all cryptocurrencies (bitcoin) will definitely go round the world, and will be use as a means of exchange. I will be so grateful to the creation of crypto currencies. This will also help our future generation, Remember something when we do international transfer across the countries, it may take a while to get the money to your local bank account, but with cryptocurrency you can get instant reflection if bitcoin etc is transfer to wallet,And you can make use of your coin (bitcoin ETC).

Yeah, it is not going to happen. Not any time soon. Look at how the prices of the coins fluctuate. Looking at how volatile the currency is, it is not feasible to accept the bitcoin or other decentralized crypto currencies unless you accept and directly convert it to fiat currency instantly. There are services that do that for you, but this doesn't mean that "you" are accepting crypto currencies. Lets not forget about how insane the fees become where there are sudden changes in the market price.
You can indirectly purchase with bitcoins though. Buy giftcards with your coins and use those bitcoins to purchase online.

[Oceat]

For the sending money purpose I don't think you need a government regulation. You can do it now as long as the reciever already know how to change bitcoin to money fiat. I've done this several times (actually I have more times to use altcoin) because I have a friend who study abroad, I suggest to his parent to using crypto currency rather than money fiat. I think the government will allowed it if they know using crypto currency is more efficient then their service. But, for the payment purpose I'm sure it needs more times, the government will have a thousands of reasons for the citizen to keep using money fiat.

Yeah, sending crypto currency is not a problem but when it comes to FIAT the government may have a problem with that for a reason. And since crypto currency and fiat is interconnected via exchanges there will be a regulations that needs to be followed. It's not just for the greater good but also to avoid the illegal use of money such as laundering.

[Brian Okora]

The acceptance of crypto is slow but we will surely get there.

[Bitcoinislife09]

If all countries can accepted crypto currencies in there various countries, as a means of payment and as a means of online exchanges, such as money is, money is anything use as a means of exchange and general acceptable. With the means I think all cryptocurrencies (bitcoin) will definitely go round the world, and will be use as a means of exchange. I will be so grateful to the creation of crypto currencies. This will also help our future generation, Remember something when we do international transfer across the countries, it may take a while to get the money to your local bank account, but with cryptocurrency you can get instant reflection if bitcoin etc is transfer to wallet,And you can make use of your coin (bitcoin ETC).

Cryptocurrency could have a big difference when it comes to technology. A lot of countries is already seen cryptocurrency as the future of money because what we have now is just the physical money. Digital transactions in everywhere around the world using the cryptocurrencies is a unique technology. Some countries are interested in cryptocurrencies to make it as one of their assets but there are also some countries that do not trust it and banned it in the countries. Like for example bitcoin, I think we just need time to embrace the technology from bitcoin until it fits the community.