The market is full of useless shitty coins, do you really think that all those would be accepted as official currencies? The adoption of Cryptocurrencies will not happen as a package and will not happen at the same level for all if BTC became accepted worldwide and reconized globally as a currency do you think by default all other currencies would be accepted?
Acceptance and adoption of one coin do not mean acceptance and adoption for others, but it will definitely give the whole Crypto market a push by spotting the light on Cryptocurrencies as a whole.
Topic: Coin Acceptance. - page 9. (Read 1531 times)
There are lots of coins this days and more are still emerging by the day. If eventually cryptocurrency becomes accepted globally and it's been adopted for usage, do you think all the coins would be accepted for usage or only a selected few?
It is obvious that merchants will not accept all cryptocurrencies but ony few - the biggest. Other coins can be good for another things, not as a payment method 
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It will depend on the users and the niche of the token and with enough users then when the mass adoption comes then it will be the ones who will make the cut and as you already know that not all the coins target the mass adoption, because most of them only targets the trading volume.
There are lots of coins this days and more are still emerging by the day. If eventually cryptocurrency becomes accepted globally and it's been adopted for usage, do you think all the coins would be accepted for usage or only a selected few?
There are a lot of coins due to fail eventually. A good comparison is with the dotcom bubble at the end of the 90's, many projects that looked promising on paper, did not last and bankrupt at some point. I think the situation of the cryptocurrency market right now is very similar to the dotcom bubble. The thing is, there are over 1000 different coins so it is kind of obvious that many of them are not solid and will disappear soon or later.
Just be wise and study each different projects and the vision behind, but remember that there is always a risk of failure.
There are so many coins in the coinmarketcap but only few of them has a real life usage advantage
And this will be pivotal while selecting tokens to be accepted
I think bitcoin will lead the way for real life usages
And more importantly the tokens related to healthcare will spring good deeds too
There are tokens related to traveling and hotel bookings
That’s gonna be a usage too
And this will be pivotal while selecting tokens to be accepted
I think bitcoin will lead the way for real life usages
And more importantly the tokens related to healthcare will spring good deeds too
There are tokens related to traveling and hotel bookings
That’s gonna be a usage too
There are lots of coins this days and more are still emerging by the day. If eventually cryptocurrency becomes accepted globally and it's been adopted for usage, do you think all the coins would be accepted for usage or only a selected few?
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