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Topic: Crypto Adoption Rate keeps getting better (Read 395 times)

full member
Activity: 784
Merit: 101
September 03, 2019, 12:43:34 PM
#43
And wait for the adoption in Portugal. People now can receive their salaries in Bitcoin and by selling Bitcoins they do not have to pay taxes! Amazing. I hope that also my country will change the mind about paying taxes from cryptocurrencies.
legendary
Activity: 2492
Merit: 1018
September 03, 2019, 12:23:29 PM
#42


10 years of slow pace but the crypto adoption gets exciting every time when an unexpected country adopts the technology. Brazil is known for BTC adoption though but there are several country that had gradually made it like Venezuela which is also in South America.

The adoption of cryptocurrency has already taken place in several countries in the world, although there are obstacles in terms of adopting the crypto itself, one of the countries whose economy and politics is unstable they have shifted to the crypto world rather than property to safeguard their assets in the future, parties authorities also fully understand that cryptocurrency is a good future

Brazil is a developing country, I think developing countries must dare to take popular policies like Brazil by using Cielo in adopting cryptocurrency, developing countries like Indonesia, Vietnam, Pakistan and other countries, can follow Brazil's footsteps, because if developing countries adopt cryptocurrency, then the pattern world financial movements will change due to the effect of cryptocurrency

Pakistan might just have the same stance with India. Sure there are users hoping BTC will be adopted to these countries but I think the neighboring countries must adopt first.
hero member
Activity: 2128
Merit: 520
September 03, 2019, 12:18:35 PM
#41
It's a big step for Cryptocurrency and Bitcoin the gap is now going to be wide for altcoins that have no usage to the community, every time there is adoption for the top coins in the market, new altcoins will have a hard time pushing for volume and price.

It is better to invest in the top coins in the market and the majority of your portfolios should be in the top coins in the market, only allocate a small portion if you see a good coin, because it will take some time before they reach their potential.
yes, now the adoption is clearly increasing on the top coins, and for new coins it will be difficult to develop if a large adoption occurs on the top coins in the market.

New coins actually have a role to play in increasing trade but with a bit of renewal and a weak market it certainly won't last long.
Adoption is increasing from time to time as investors are seeing big potentials from this industry, not only for investment but also with real usage. It will be nice to see many businesses to embrace and allow this system being implemented for everyday transactions. It will keep the industry alive and working for more progress to build up trust and usability.
newbie
Activity: 17
Merit: 0
September 03, 2019, 11:42:41 AM
#40
Cielo the largest payment processing provider in Brazil, has unveiled support for Bitcoin and cryptocurrency purchases on its point-of-sale (PoS) devices.You can read the full new at cointelegraph.com

https://cointelegraph.com/news/14-million-brazilian-point-of-sale-devices-to-support-crypto-payments/amp

Hopefully crypto mass adoption will keep moving up as expected,this is the only way forward for crypto existence in the future
This is good news, cryptocurrencies will be accepted in more countries. And after a while, cryptocurrencies were the main currency in the world
jr. member
Activity: 322
Merit: 1
September 03, 2019, 11:37:18 AM
#39
No surprises. I still believe there is a lot to come from crypto and blockchain technology as a whole. With mainstream adoption to come and a whole lot of use cases to be introduced, I forsee full throttle in terms of cryptocurrency utilization. It is only a matter of time now.
full member
Activity: 854
Merit: 101
Polkadog - Multi-Chain Defi Meme
September 03, 2019, 09:46:56 AM
#38
It's a big step for Cryptocurrency and Bitcoin the gap is now going to be wide for altcoins that have no usage to the community, every time there is adoption for the top coins in the market, new altcoins will have a hard time pushing for volume and price.

It is better to invest in the top coins in the market and the majority of your portfolios should be in the top coins in the market, only allocate a small portion if you see a good coin, because it will take some time before they reach their potential.
yes, now the adoption is clearly increasing on the top coins, and for new coins it will be difficult to develop if a large adoption occurs on the top coins in the market.

New coins actually have a role to play in increasing trade but with a bit of renewal and a weak market it certainly won't last long.
legendary
Activity: 3416
Merit: 1225
September 03, 2019, 09:34:12 AM
#37
Cielo the largest payment processing provider in Brazil, has unveiled support for Bitcoin and cryptocurrency purchases on its point-of-sale (PoS) devices.You can read the full new at cointelegraph.com

https://cointelegraph.com/news/14-million-brazilian-point-of-sale-devices-to-support-crypto-payments/amp

Hopefully crypto mass adoption will keep moving up as expected,this is the only way forward for crypto existence in the future

It's a big step for Cryptocurrency and Bitcoin the gap is now going to be wide for altcoins that have no usage to the community, every time there is adoption for the top coins in the market, new altcoins will have a hard time pushing for volume and price.

It is better to invest in the top coins in the market and the majority of your portfolios should be in the top coins in the market, only allocate a small portion if you see a good coin, because it will take some time before they reach their potential.
hero member
Activity: 2562
Merit: 586
September 03, 2019, 09:19:38 AM
#36
Another good development, first time that I would be hearing of cryptocurrency activities from Brazil and I am sure there are still some that we are yet to know outside Brazil which they didn’t put on media.

No wonder it is becoming more and more difficult for bitcoin to be banned because even the governments seems to be understanding better now the while idea of cryptocurrency and all they are doing right now is to fully study it to know where they can come in and how they can be able to regulate it.

If countries like Brazil with high level of technology too can agree to cryptocurrency, I see some other smaller countries around their region also doing the same, while we wait for some of these bigger countries Like US, china and India to follow some of their footstep.
sr. member
Activity: 1330
Merit: 326
September 01, 2019, 11:46:51 PM
#35
Another good step for mass adoption. Every good news is a strong sign that we are taking forward to the improvement and development of this blockchain technology preferably the payment options. Brazil took a good decision about this since Cielo (the largest payment  provider) announced the support for bitcoin transactions to upgrade from the traditional payment system. The said country is open for this kind of technology and been an early adopter since before.
full member
Activity: 925
Merit: 100
September 01, 2019, 10:45:41 PM
#34
This is the type of news or moves which will keep the crypto space on the right track to massive attention. Irrespective of the bad words being said about the crypto space, many have seen the truth and many are getting involved because they believe in what the future holds. Blockchain has come to stay, and many platforms are already taking steps to keep a competitive advantage over others those who are still skeptical will only end up lossing on the long run.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
September 01, 2019, 10:05:43 PM
#33
With more adoption from many countries will help the cryptocurrency spreads better than a few years ago. People will have interest in cryptocurrency, and they will join us in the crypto world. That will give them more chance to have another source of income from the cryptocurrency, especially if they can invest in the right project. I am sure that in the next year will be many more project like that in another country, especially from the country who are aware of the new technology that can help their people to make money.
jr. member
Activity: 322
Merit: 1
September 01, 2019, 04:54:38 AM
#32
The adoption of cryptocurrency has already taken place in several countries in the world, although there are obstacles in terms of adopting the crypto itself, one of the countries whose economy and politics is unstable they have shifted to the crypto world rather than property to safeguard their assets in the future, parties authorities also fully understand that cryptocurrency is a good future

Brazil is a developing country, I think developing countries must dare to take popular policies like Brazil by using Cielo in adopting cryptocurrency, developing countries like Indonesia, Vietnam, Pakistan and other countries, can follow Brazil's footsteps, because if developing countries adopt cryptocurrency, then the pattern world financial movements will change due to the effect of cryptocurrency
full member
Activity: 560
Merit: 100
September 01, 2019, 04:54:02 AM
#31
Cielo is really smart to support Bitcoin transactions with fiat money. Because the demand for buying and selling Bitcoin is now very high, one day the transaction volume fluctuates around $ 11 billion and the service fee will undoubtedly be very high.
and I'm really happy that Cielo has been involved in supporting crypto trading, which will bring even more investors in Brazil to the crypto market.
full member
Activity: 546
Merit: 100
September 01, 2019, 03:46:26 AM
#30
I could say that brazil is an influential country and this just another huge accomplishment for bitcoin and for the community. That country is home for tourist destination so if those businesses applied bitcoin payments to them, they will be exposed to bitcoin on a much larger scale and eventually, one of those foreigners could be enterpreneur and apply btc and other crypto payments as well.
member
Activity: 574
Merit: 12
Kuvacash.com
September 01, 2019, 03:19:05 AM
#29
If crypto/blockchain is able to solve societal problems, no matter the forces involved in frustrating its advancement, the masses will always device means for adoption. And I think more adoption is the best way for crypto to grow.
member
Activity: 476
Merit: 12
September 01, 2019, 02:24:54 AM
#28
We all know that crypto adoption rate are now getting better, I think the reason of this is the power of marketing using social media. Even  the news or issue are positive or negative people will become curius and interested about crypto. And now that many merchant are accepting crypto this is also a big factor in increasing number of crypto adoption.
legendary
Activity: 2576
Merit: 1655
September 01, 2019, 01:52:18 AM
#27
many new countries are supporting and even starting to take part in this market, they are very enthusiastic about crypto and I think the decision they made early on is very good because I am sure in the future the digital era will be more advanced and the crypto world will be growing rapidly.

It's definitely growing but the at the rate that we wanted to. I mean by this time we should have witnessed  online market accepting crypto but up to this point it looks like it will take years before we can see that. Although there are a lot of projects, companies and cooperations behind, it's not enough to push crypto to the masses, when I say that I mean average joe's around the world.
jr. member
Activity: 394
Merit: 1
September 01, 2019, 01:25:36 AM
#26
many new countries are supporting and even starting to take part in this market, they are very enthusiastic about crypto and I think the decision they made early on is very good because I am sure in the future the digital era will be more advanced and the crypto world will be growing rapidly.
sr. member
Activity: 1400
Merit: 259
September 01, 2019, 01:16:51 AM
#25
It is, but slowly.
Before, I got friends that doesnt even know a thing about crypto currencies. Now, some of them are already speaking about bitcoin, ethereum and Zcash.
I guess like out of my 10 friends, 4 of us already know about it.
That is something else for me. Before it is only me who knows about it and didnt even shared it to anyone. Now, I can freely talk about it with some beers and chips.  Grin
full member
Activity: 1330
Merit: 147
August 31, 2019, 11:46:43 PM
#24
Cielo the largest payment processing provider in Brazil, has unveiled support for Bitcoin and cryptocurrency purchases on its point-of-sale (PoS) devices.You can read the full new at cointelegraph.com

https://cointelegraph.com/news/14-million-brazilian-point-of-sale-devices-to-support-crypto-payments/amp

Hopefully crypto mass adoption will keep moving up as expected,this is the only way forward for crypto existence in the future
When the fiat money getting move to digital currency I mean there is some innovation such as online shop who accept the payment with digital fiat currency then I think cryptocurrency is really deserve to be accepted as well. Even, that is the new innovation from some merchant who will aplicating the cryptocurrency can be use for such thing. I know Brazil is the most country that opens up the using of cryptocurrency recently. This is will make some countries who have a problem to ban cryptocurrency on their countries and will try to accept them although for the first step they will accept them as an asset. Sooner mass adoption will come to cryptocurrency IMO.
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