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Author Topic: Crypto is here to stay.  (Read 642 times)
Xal0lex
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January 03, 2023, 09:21:10 PM
 #81

Obviously crypto is here is to stay, the more you use crypto the more you realize how easy and simple it is to send someone money in the form of crypto. While many people do not accept this method of payment we are gradually going through the denial-acceptance cycle and we are working on it.

Problems like bankruptcy/hacks/scams will happen in every sector and the lack of regulation in crypto makes it all the more vulnerable to the same. But that does not mean that the older users of such a system would stop using it. Therefore its adoption will increase and soon big merchants will be forced to accept it in some way or the other.

Therefore fill up your bitcoin bags and lets all get rich!

Cryptocurrency itself, of course, is not going anywhere, it is a very promising technology whose potential has not been revealed at all, except for speculation on exchanges. As harsh as it may sound, but if we want really strong and progressive development, the industry needs the arrival of regulators, as it was with the stock market. After regulators and oversight came in, the number of fraudulent schemes there went down a lot. Crypto market will be perceived as risky as long as anyone can anonymously launch their coin on an exchange and start trading, or anyone can anonymously launch funding rounds for another altcoin project and then run away with your money.

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AmoreJaz
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January 03, 2023, 10:52:31 PM
 #82

Obviously crypto is here is to stay, the more you use crypto the more you realize how easy and simple it is to send someone money in the form of crypto. While many people do not accept this method of payment we are gradually going through the denial-acceptance cycle and we are working on it.

Problems like bankruptcy/hacks/scams will happen in every sector and the lack of regulation in crypto makes it all the more vulnerable to the same. But that does not mean that the older users of such a system would stop using it. Therefore its adoption will increase and soon big merchants will be forced to accept it in some way or the other.

Therefore fill up your bitcoin bags and lets all get rich!

Cryptocurrency itself, of course, is not going anywhere, it is a very promising technology whose potential has not been revealed at all, except for speculation on exchanges. As harsh as it may sound, but if we want really strong and progressive development, the industry needs the arrival of regulators, as it was with the stock market. After regulators and oversight came in, the number of fraudulent schemes there went down a lot. Crypto market will be perceived as risky as long as anyone can anonymously launch their coin on an exchange and start trading, or anyone can anonymously launch funding rounds for another altcoin project and then run away with your money.

the technology itself is great. only those people who are making a business out of it are prone to commit fraudulent acts, making this technology seemed to be rigged. but if you consider a theoretical scenario without these bad actors, blockchain tech will help most of the businesses to achieve transparency, honesty, fast transactions without border, higher productivity and many more. so if these businesses will use the benefits of blockchain tech, they will surely appreciate its existence.

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January 03, 2023, 11:28:14 PM
 #83

the technology itself is great. only those people who are making a business out of it are prone to commit fraudulent acts, making this technology seemed to be rigged. but if you consider a theoretical scenario without these bad actors, blockchain tech will help most of the businesses to achieve transparency, honesty, fast transactions without border, higher productivity and many more. so if these businesses will use the benefits of blockchain tech, they will surely appreciate its existence.
Yes, crypto and its technology are actually very sophisticated and useful for progress, but there are indeed many human beings who use it for negative things so many people think that crypto is a field of scams. Maybe this is happening because most of the crypto is still decentralized so that no one can control someone so they don't take action as scams. let alone in the crypto world, even in the real world we can still find lots of fraudulent or fake investments or businesses, especially in crypto where there really is a wide gap for it. But on the other hand, actually crypto is really useful and has a lot of positive impacts on society. This positive aspect should also be taken into consideration, but unfortunately, many people only think about the negative aspects without wanting to study or review the positive aspects. And nevertheless, crypto is still here to survive and provide various profitable developments.

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