Crypto mass adoption closing in | Bitcointalksearch.org

enhu

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Quote from: ned.ryerson on July 15, 2020, 03:22:24 PM

so far it's just news. Paypal needs to be able to implement the use of cryptocurrencies in its service and face into problems with the interaction with the authorities.

I think so too. Until it doesn't happen yet it will just remain as a rumor.
There isn't yet that is coming if it were real the people would have been buying Bitcoin buy now which the price could have gone up but instead falling since that news come. I have to admit that we need major payment services like paypal to pump up the crypto market.

qigong13

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Quote from: rodskee on July 16, 2020, 09:41:20 AM

Quote from: Eddyc on July 16, 2020, 07:02:03 AM

Sooner or later mass adoption will occur due to the proof and guarantee that the blockchain in general is displaying.

The people who uses this system will be the best basis for mass adoptions to take place,
success start with those true believers.

Quote from: Eddyc on July 16, 2020, 07:02:03 AM

However, the major obstacle at the moment at the present time is the regulation of banking institutions and governments around the world.

They don't see the benefits yet, and also, they are not getting favor that's why they
are still in denial to adopt the system.

Quote from: Eddyc on July 16, 2020, 07:02:03 AM

Thus, the bureaucratic system of laws in the world is the primary impediment today for cryptocurrencies.

No question but in due time it will succeed and implementations and adoptions will
happen along the way.

I think it was a good time to implement crypto credit or debit card. If anyone have problem with that then you can use this pandemic, social distancing,... as a leeway to move toward cashless payment. Soon or later, crypto will become a normal thing in our society and best to play our card right to reduce dissatisfaction from the opposite groups.

Smitty Werben Man Jensen

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COMBONetwork

2020 is the beginning of mass adoption, Paypal is the best news now, and Microsoft also has good news earlier,
they partnered with Waves, and that was an extraordinary adoption

rodskee

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Quote from: Eddyc on July 16, 2020, 07:02:03 AM

Sooner or later mass adoption will occur due to the proof and guarantee that the blockchain in general is displaying.

The people who uses this system will be the best basis for mass adoptions to take place,
success start with those true believers.

Quote from: Eddyc on July 16, 2020, 07:02:03 AM

However, the major obstacle at the moment at the present time is the regulation of banking institutions and governments around the world.

They don't see the benefits yet, and also, they are not getting favor that's why they
are still in denial to adopt the system.

Quote from: Eddyc on July 16, 2020, 07:02:03 AM

Thus, the bureaucratic system of laws in the world is the primary impediment today for cryptocurrencies.

No question but in due time it will succeed and implementations and adoptions will
happen along the way.

MikeyVeez

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Also one of the smartest investors in the world talked about cryptocurrencies as one of the safest assets. I am talking about Robert Kiyosaki, who told me that Bitcoin is probably a better investment than gold, but he didn´t recommend it to newbies because it is still highly volatile.

Mr.Eddies

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Quote from: Eddyc on July 16, 2020, 07:02:03 AM

Sooner or later mass adoption will occur due to the proof and guarantee that the blockchain in general is displayng. However, the major obstacle at the moment at the present time is the regulation of banking institutions and governments around the world. Thus, the bureaucratic system of laws in the world is the primary impediment today for cryptocurrencies.

Yes, I wonder how banking institutions and governments would take this move by Binance and soon Paypal too. I think we're only at the beginning as this pandemic occupied a lot of thing so they hasn't realize it yet.

Eddyc

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Sooner or later mass adoption will occur due to the proof and guarantee that the blockchain in general is displayng. However, the major obstacle at the moment at the present time is the regulation of banking institutions and governments around the world. Thus, the bureaucratic system of laws in the world is the primary impediment today for cryptocurrencies.

rahmatullah9305

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Quote from: Gunday_07 on July 16, 2020, 06:18:20 AM

I like that OP talked about binance first because I think binance is the only exchange working towards bringing crypto adoption to reality, PayPal can't be trusted yet but if it eventually happens then crypto is going places, mass adoption will takes place

We as both spectators and users can only wait for this to see the results, today everyone can make predictions and speculations, but all of that will be seen after everything happens, so let's wait patiently.

Gunday_07

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I like that OP talked about binance first because I think binance is the only exchange working towards bringing crypto adoption to reality, PayPal can't be trusted yet but if it eventually happens then crypto is going places, mass adoption will takes place

cryptomaniac_xxx

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Quote from: Bitbtc8 on July 15, 2020, 05:07:27 AM

Quote from: cryptomaniac_xxx on July 15, 2020, 05:02:52 AM

I will be a contrarian here, we appreciate CZ's effort, but it looks like he really taken so much control and power and it is growing by the day. Adoption will come, but we shouldn't be forcing the issue here. We have more leg room here, 5-10 years down the line. I would rather see the market mature instead of third party like Paypal, who by the way, was anti-bitcoin, but suddenly chance their stance because of one reason - the potential profit they can make from us.

What? I'm fine with PayPal making every pennies they can from crypto spenders but it will be a massive eye opening for the world, this will make crypto become widely used by people who even don't know about crypto till this day jump right in, it seems you are only looking at what PayPal will make from this and not the impact it will have on crypto.

What is your point about those crypto enthusiast who uses paypal back in the days and wherein we got warnings from them about our crypto activity? Should be get some form of apology, specially accounts that has been blocked? Isn't it just unfair now that they are going to be pro-crypto but they have done some damage to crypto users before?

judeafante

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Quote from: VDraci on July 15, 2020, 03:37:15 AM

Everything with crypto keeps getting better, thanks to binance, the team and CEO isn't aiming for their pockets only but helping crypto in general, they understand how important mass adoption is for crypto to survive in future, now I heard binance card is getting launched soon, thank you binance and team

Another good news this year is about PayPal involvement in crypto currency, imagine how easier mass adoption will become if PayPal implement crypto payment?

I even believe that Decentralized Finance and Stable coins will play major role too

So far.....So good with crypto, at least we are getting some where, step by step, bit by bit

Binance and Paypal can help the cause of Cryptocurrency adoption, we have seen how Paypal rules the traditional payment and they are goign to make a lot of innovation now that they are here now in Cryptocurrency, they have the experience and the expertise to do this, they will compete with each other but it will be a healthy competition.

Lantind

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Quote from: Byakuga on July 16, 2020, 01:47:01 AM

All hope on binance team, they can do better in helping crypto gain mass adoption, I don't trust PayPal yet not until they actually take real actions, presently it's all words, they will do this, they will do that, action speaks louder than voice

Yes, speaking is easy, but doing what has been said is not easy, because every plan and concept will always run smoothly if there are no obstacles and obstacles when implemented, but if there are suddenly obstacles or obstacles, then the plan that has been prepared obviously will be changed in order to be successful, so acting is not as easy as talking.

DDante

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As big as Paypal company is they can't do this alone, we need more than Paypal to start making crypto useful for means of payment all around the world, Binance will surely do something too, I knew about two other companies that are taking this steps too

1. Blockcard
2. Alchemypay

joshua123

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If Paypal will collaborate on the new Binance card then it will be a big adoption on financial aspect. I do remember that Binance only tweeting about it few weeks ago but now its real. They already rolling cards on europe and Uk. Hopefully it could be used for global already cause a lot of users will surely signed up for it.

Paypal decision is positive and this will start a good era for crypto and blockchain.

Byakuga

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All hope on binance team, they can do better in helping crypto gain mass adoption, I don't trust PayPal yet not until they actually take real actions, presently it's all words, they will do this, they will do that, action speaks louder than voice

ZincUnrated

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Absolutely very true.. Several projects have been at the forefront of this drive and push trying to bring the mainstream and several key sectors into blockchain and the enormous potentials of cryptocurrency. This is beginning to yield friuts with several penetration of blockchain currently going on. Its only a matter of time before it becomes fully adopted.

Shallow

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These are very encouraging news and/or update for everyone in the crypto space. Starting with Binance card, it is a clear definition of a team with focus who want to touch every aspect worthy of crypto and its mass adoption. I believe with this card, there will be easy access to crypto, now imagine what that means for the entire crypto space in general, it means massive attention coming from the best crypto exchange. On the other hand, in the case of PayPal, it is also a welcome addition because it can now be seen that crypto will continue growing and all the world can do is to get involved. I also see it as PayPal trying to keep up their competitive advantage before another platform beats them to it. Furthermore I also agree with you, mass adoption is really closing in.

Nesbee2

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i have witnessed more countries and companies accepting cryptocurrency as means of payment recently so i think the era of mass adoption is actually close by . Moreover , the features of blockchain Technology is worth adopting in different sectors of the global economy so i expect more adoption soon.

Kasabus

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Quote from: ned.ryerson on July 15, 2020, 03:22:24 PM

so far it's just news. Paypal needs to be able to implement the use of cryptocurrencies in its service and face into problems with the interaction with the authorities.

If this will happen sucessfully, then it will be a big step for crypto even if we knew before that Paypal was against crypto and suddenly it's already adopting crypto services now. Promotion for crypto and its road for mass adoption could be much easier knowing Paypal that is mostly trusted by many people when it comes to financial services.

ned.ryerson

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so far it's just news. Paypal needs to be able to implement the use of cryptocurrencies in its service and face into problems with the interaction with the authorities.

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