Topic: Any ideas of what we lack in crypto world? - page 4. (Read 3274 times)
Honestly stability above all else.
For me what is highly affecting cause of why some people or investors aren't entering the crypto space is the strong volatility of the market. What lacks in it is the consistency that a crypto could be for the investors to have an assurance on investing to a particular project. Secondly, when it comes to adoption and supporters, we couldn't say that it is not accepted widely, we already have the freedom to enter crypto in a way we want. Lastly, Some people says the crypto being unable to reverse the payment also considered a lacking in crypto. But for me, it is necesary for people to think first and become so sure that each and every transactions they made should be precise.
We could use this resource to figure out more: https://ccoingossip.com/advantages-and-disadvantages-of-cryptocurrency/
We could use this resource to figure out more: https://ccoingossip.com/advantages-and-disadvantages-of-cryptocurrency/
We see that all the time in some countries cryptocurrencies are banned or in the contrary they start to make a special regulation. It shows that everyone want to do something with it but don't really know what, yet. Maybe you guys can guess, as experts from the crypto community, what do we need for normal living in a blockchain world?
We can't control how the government of each country will react and move against crypto for all of them has theur reasons and interests upon implementing things and putting restrictions. What we can do now is behaving properly so we can give positive impact to the crypto space because we are all affecting it and contributes to whatever happens within it. We lack knowledge about what are the proper things to do leading us to make wrong decisions that is higly affecting and driving the market up or down. 
Perhaps I will say very unpleasant things for most cryptocurrency users, but I believe that for the further development of the cryptocurrency market there is not enough real control and regulation of the whole process so that the cryptocurrency does not meet any resistance from governments and state structures and has every opportunity for legal existence. Of course, this view of the future has quite a few opponents, but I think that many will agree with my opinion.
For me, the lack we are looking at this rate is the economic lack / the 3rd world country that can't catch up to that kind of technology. Also, government approval, we know some reason why bitcoin is created to have an alternative payment system that no one can control. But some countries have a law and jurisdiction about there currency and other currency that was running to their state, and this is their primary reason. 
What's been mentioned is right, but different governments have their own economic policies. This can't be easily over written. To frame these policies it could have taken years and years. The cryptocurrency network is very young and new to the people as well the governing bodies. It takes time for research and do the right thing of legal approval for usage.
For me, the lack we are looking at this rate is the economic lack / the 3rd world country that can't catch up to that kind of technology. Also, government approval, we know some reason why bitcoin is created to have an alternative payment system that no one can control. But some countries have a law and jurisdiction about there currency and other currency that was running to their state, and this is their primary reason.
of course that makes cryptocurrency can have very high prices like this because cryptocurrency has a technology that is very useful for many people when they want to make transactions, so many payments become easier and more convenient when using because it does not spend too much time.
Crypto currencies are created using technological advances and times and that will be needed by everyone because technological advances continue to develop and of course with all the deficiencies will still appear for now the most fundamental drawbacks are the legality and security of crypto currencies I hope that the eyes of the eye crypto money will grow rapidly and all deficiencies will get repair 
If we talk about the technical aspects, it is not enough of course a new and more correct distribution of coins, to spend such a lot of electricity for PoW in our time is bad for the planet and for people. PoS also does not bring anything good, since a large amount of coins can fall into bad hands and to some government.
If we are talking about fixed-issue tokens, they are usually in the wrong hands from the very beginning.
We need to understand why do we need blockchain? I see for myself only one use case as a check of integrity and immutability of data in the database.
As a cryptocurrency, it is still very unstable and not safe.
If we are talking about fixed-issue tokens, they are usually in the wrong hands from the very beginning.
We need to understand why do we need blockchain? I see for myself only one use case as a check of integrity and immutability of data in the database.
As a cryptocurrency, it is still very unstable and not safe.
I may add that blockchain is very young for use in economic purposes!
We see that all the time in some countries cryptocurrencies are banned or in the contrary they start to make a special regulation. It shows that everyone want to do something with it but don't really know what, yet. Maybe you guys can guess, as experts from the crypto community, what do we need for normal living in a blockchain world?
Lack of knowledge, this is the biggest problem all over the world. They go and go in bitcoin without any knowledge in bitcoin thats why some of the newbies got scam by the scam investment. For me knowledge is the key to success that they need to read first before entering the crypto world.
First of all, cryptocurrencies lack a wider distribution in everyday life.
This is not surprising because a certain number of applications in real life has a small number of cryptocurrencies, which causes difficulties for ordinary people in their application and interaction with them.
In addition, the duration of transactions, market volatility, the complexity of using certain types of cryptocurrency wallets, at the moment, complicates the use of cryptocurrency as a universal means of payment.
But we are developing, blockchains continue to improve, accelerate, I won’t be surprised that after half a year or even a year we will see the implementation of projects that fully meet the criteria of digital currency. Fast, reliable, safe.
This is not surprising because a certain number of applications in real life has a small number of cryptocurrencies, which causes difficulties for ordinary people in their application and interaction with them.
In addition, the duration of transactions, market volatility, the complexity of using certain types of cryptocurrency wallets, at the moment, complicates the use of cryptocurrency as a universal means of payment.
But we are developing, blockchains continue to improve, accelerate, I won’t be surprised that after half a year or even a year we will see the implementation of projects that fully meet the criteria of digital currency. Fast, reliable, safe.
If we talk about the technical aspects, it is not enough of course a new and more correct distribution of coins, to spend such a lot of electricity for PoW in our time is bad for the planet and for people. PoS also does not bring anything good, since a large amount of coins can fall into bad hands and to some government.
If we are talking about fixed-issue tokens, they are usually in the wrong hands from the very beginning.
We need to understand why do we need blockchain? I see for myself only one use case as a check of integrity and immutability of data in the database.
As a cryptocurrency, it is still very unstable and not safe.
If we are talking about fixed-issue tokens, they are usually in the wrong hands from the very beginning.
We need to understand why do we need blockchain? I see for myself only one use case as a check of integrity and immutability of data in the database.
As a cryptocurrency, it is still very unstable and not safe.
I may add that blockchain is very young for use in economic purposes!
of course that makes cryptocurrency can have very high prices like this because cryptocurrency has a technology that is very useful for many people when they want to make transactions, so many payments become easier and more convenient when using because it does not spend too much time.
We see that all the time in some countries cryptocurrencies are banned or in the contrary they start to make a special regulation. It shows that everyone want to do something with it but don't really know what, yet. Maybe you guys can guess, as experts from the crypto community, what do we need for normal living in a blockchain world?
Bitcoin can adoption in country if have real product, the same with altcoin publish to public with giving real product for every investor participants, by have real product government look agree and like for using bitcoin, bitcoin become topic discussion if have price higher but when bitcoin down many investor look not interested with bitcoin as investment or trading, they only take moment with bitcoin and altcoin when higher price.
If we talk about the technical aspects, it is not enough of course a new and more correct distribution of coins, to spend such a lot of electricity for PoW in our time is bad for the planet and for people. PoS also does not bring anything good, since a large amount of coins can fall into bad hands and to some government.
If we are talking about fixed-issue tokens, they are usually in the wrong hands from the very beginning.
We need to understand why do we need blockchain? I see for myself only one use case as a check of integrity and immutability of data in the database.
As a cryptocurrency, it is still very unstable and not safe.
If we are talking about fixed-issue tokens, they are usually in the wrong hands from the very beginning.
We need to understand why do we need blockchain? I see for myself only one use case as a check of integrity and immutability of data in the database.
As a cryptocurrency, it is still very unstable and not safe.
The crypto sector can make it easier in the payment sector because of the ease in transacting online and blockchain technology provides new offers from payment systems that are still available today and in my opinion when looking at conditions where more and more are interested then the number of users will always increase every year
This only works if retailers accept bitcoin and other cryptocurrencies.
We had a huge setback in Dec 2017 when Steam and others disabled bitcoin because of the backlogs.
what do we need for normal living in a blockchain world?
The first one in order to live a normal life in a blockchain world is to upgrade it's security as of that upgrading our security will be lessen the crimes that are involving crypto and also to have a secured access in the cyber world. Second is we need to have an all out access in the internet so that we can all have some informations on what is crypto all about and also the assets that we have. Third is when the security was upgraded and lessen the crime here that may also helps to the government to accept blockchain or crypto. 
We see that all the time in some countries cryptocurrencies are banned or in the contrary they start to make a special regulation. It shows that everyone want to do something with it but don't really know what, yet. Maybe you guys can guess, as experts from the crypto community, what do we need for normal living in a blockchain world?
We a need is the knowledge so that we can be aware about what is happening in the crypto world and analyze it to know how it can possibly benefit us.
We are still lack of knowledge and users, so, what we need to do is to attract users to be able to know more about crypto especially Bitcoin, we should unite as one. Imagine the price of Btc if all people are using it and all have in their wallet as their investment, also if businessman will use this too as alternative way for their payment option.
What we really need in this blockchain world is knowledge!! Many people entering in the blockchain world or crypto that has not enough knowledge or maybe don't really have knowledge on what crypto is all about. They just know that crypto is just a way in which they can earn money and that's all. We the people or experts here in crypto must teach those newbies on how and what to do in this society so they become a good trader or bounty hunter someday in this field. We are the only one that can help them because we are the veterans in this league, we can share our knowledge to them for the sake of their knowledge to expands about this crypto world.
We see that all the time in some countries cryptocurrencies are banned or in the contrary they start to make a special regulation. It shows that everyone want to do something with it but don't really know what, yet. Maybe you guys can guess, as experts from the crypto community, what do we need for normal living in a blockchain world?
I'm not reall an expert here in the crypto community but I think the duration of mine upon investing and bounty hunting is already enough to make a guess on what we lack here in the crypto world. We all know that crypto is a decentralized currency which means the government or other organization doesn't have any control towards it but maybe if we would let some of them in to regulate scammers and frauds, we can have a better crypto world. That is one of the main reason why there are slow or no progress here, because of those greedy bastards.We can prevent those scammers and frauds by ourselves, it's not worthy to risk the decentralization of cryptocurrency just for this, if you don't want to be scammed, make yourself better, don't rush your decision, set your plans and limitations, discipline yourself so you could be not easily trick by these people, do that and keep Cryptocurrency safe from the Government.
We see that all the time in some countries cryptocurrencies are banned or in the contrary they start to make a special regulation. It shows that everyone want to do something with it but don't really know what, yet. Maybe you guys can guess, as experts from the crypto community, what do we need for normal living in a blockchain world?
I'm not reall an expert here in the crypto community but I think the duration of mine upon investing and bounty hunting is already enough to make a guess on what we lack here in the crypto world. We all know that crypto is a decentralized currency which means the government or other organization doesn't have any control towards it but maybe if we would let some of them in to regulate scammers and frauds, we can have a better crypto world. That is one of the main reason why there are slow or no progress here, because of those greedy bastards. Jump to: