Crypto is evolving itself to expand to every sectors possible.
But still it's quite new and very less people know about it or very few business and industries has adopted it.
Crypto with it's nature along with smart contract would soon change the way everything works.
Topic: Cryptocurrency adaption - page 3. (Read 338 times)
The biggest hurdle to be overcome, IMHO, is creating a way for less tech-savvy people to have a wallet and not get scammed, lose the keys, or send the coins/tokens to an incompatible address and then blame the system for the problem.
I'm the only person in my entire family who''s involved in crypto, as the rest don't know the difference between a cpu and ram.
If I get hit by a bus tomorrow, then in all likelihood, my crypto will simply gather dust. Even though there's a complete list of details in the safe, I doubt any of them would have the skills to access any of it.
So in answer to your question - create a user-friendly app that is idiot-proof. From there, it should be simple, but the idiot-proofing is going to take some doing.
I'm the only person in my entire family who''s involved in crypto, as the rest don't know the difference between a cpu and ram.
If I get hit by a bus tomorrow, then in all likelihood, my crypto will simply gather dust. Even though there's a complete list of details in the safe, I doubt any of them would have the skills to access any of it.
So in answer to your question - create a user-friendly app that is idiot-proof. From there, it should be simple, but the idiot-proofing is going to take some doing.
perhaps while the cryptos become more popular, the curiosity of others to know them increases in the same way, the knowledge of the use must be implemented, as everything new is difficult to learn but not impossible, somehow we learned to use cards of credit and debit without knowing what they were.
What do you mean of this? Thread asking how crypto can be used fo mass adoption?
The most mass adoption that can be implemented is use for payment system like fiat but for its impossible to use for mass but only for few companyu use it since the confirmation of sending is too slow
If we introduced Crypto courses in our school curriculum, it will increase mass adoption of the concept. This means that government instead of fighting the crypto war will have accepted incorporating crypto in the economy.
Also when it is easy to go from fiat to crypto and back. That will help enshrine it.
When everyone has enough knowledge of cryptocurrency, when they know how to use it and accept it, then as the currency is used, crypto will be used as such. Only constraint is now very few understand and use cryptocurrency.
How will crypto be adopted by the mass population? What will dealing in crypto be like?
Depends on the situation. If the government wins and gets to impose strict regulations then we will be seeing a quite different scenario. But if the government accepts crypto currencies as a form of legal currency, then we will see mass number of people adopting bitcoin. Dealing with crypto currency is no more different than it is dealing with fiat currency.
In my opinion the crypto can not be adopted 100% by mass, but at most 70% is viable and we must have science of the reality and in the world in which we live, many countries tend to be against the crypto or add strict regulations for rate increases or taxes. Summing up the trend is getting more rigorous and correct in relation to the present day, i am not being pessimistic but rather realistic.
How will crypto be adopted by the mass population? What will dealing in crypto be like?
Crypto already adopted by mass population but not all of the percentages from the mass population itself. We will be dealing to make improvements in the scalability to make the mass adoption will not be stuck and the majority of blockchain can't be bloated.
Remember last year can become an example how mass adoption attacked crypto in almost three months and make the majority of coins reach ATH.
I think you mean adoption*. Adaption is when something changes in order to suit to an environment or new conditions.
As of now, several countries are choosing to adopt cryptocurrency and perhaps the other countries will do so as well in the future. If crypto were to be adopted in the business and financial industries, the the world of payment systems will be revolutionized as we know it. However, for crypto to be adopted by the mass public then a problem arises here because not everyone has access to the internet - which is essential for the use of crypto.
As of now, several countries are choosing to adopt cryptocurrency and perhaps the other countries will do so as well in the future. If crypto were to be adopted in the business and financial industries, the the world of payment systems will be revolutionized as we know it. However, for crypto to be adopted by the mass public then a problem arises here because not everyone has access to the internet - which is essential for the use of crypto.
I do not really know what you mean, Through here is how? Via the masses for Crypto review or for other purposes. But for what purpose, the passage to the masses is impossible, because Crypto is not owned by any nation.
How will crypto be adopted by the mass population? What will dealing in crypto be like?
It will be like when people started to use credit/debit cards, phone mobiles or any innovation. People will start to use them for paying for a ticket or a dinner and in a few years it will be something normal.
How will crypto be adopted by the mass population? What will dealing in crypto be like?
If people all over the world purchased Bitcoin and the other coins then the price of the coins will pump.The biggest hurdle to be overcome, IMHO, is creating a way for less tech-savvy people to have a wallet and not get scammed, lose the keys, or send the coins/tokens to an incompatible address and then blame the system for the problem.
I'm the only person in my entire family who''s involved in crypto, as the rest don't know the difference between a cpu and ram.
If I get hit by a bus tomorrow, then in all likelihood, my crypto will simply gather dust. Even though there's a complete list of details in the safe, I doubt any of them would have the skills to access any of it.
So in answer to your question - create a user-friendly app that is idiot-proof. From there, it should be simple, but the idiot-proofing is going to take some doing.
I'm the only person in my entire family who''s involved in crypto, as the rest don't know the difference between a cpu and ram.
If I get hit by a bus tomorrow, then in all likelihood, my crypto will simply gather dust. Even though there's a complete list of details in the safe, I doubt any of them would have the skills to access any of it.
So in answer to your question - create a user-friendly app that is idiot-proof. From there, it should be simple, but the idiot-proofing is going to take some doing.
perhaps while the cryptos become more popular, the curiosity of others to know them increases in the same way, the knowledge of the use must be implemented, as everything new is difficult to learn but not impossible, somehow we learned to use cards of credit and debit without knowing what they were.
How will crypto be adopted by the mass population? What will dealing in crypto be like?
If people all over the world purchased Bitcoin and the other coins then the price of the coins will pump. 
How will crypto be adopted by the mass population? What will dealing in crypto be like?
It is necessary that the crypto currency is in circulation in all spheres of life. But realities say that, at least in payment terminals, then others would be interested, and then maybe they became the same participants like us. But this is still far away, because nothing has been done towards this.
The biggest hurdle to be overcome, IMHO, is creating a way for less tech-savvy people to have a wallet and not get scammed, lose the keys, or send the coins/tokens to an incompatible address and then blame the system for the problem.
I'm the only person in my entire family who''s involved in crypto, as the rest don't know the difference between a cpu and ram.
If I get hit by a bus tomorrow, then in all likelihood, my crypto will simply gather dust. Even though there's a complete list of details in the safe, I doubt any of them would have the skills to access any of it.
So in answer to your question - create a user-friendly app that is idiot-proof. From there, it should be simple, but the idiot-proofing is going to take some doing.
I'm the only person in my entire family who''s involved in crypto, as the rest don't know the difference between a cpu and ram.
If I get hit by a bus tomorrow, then in all likelihood, my crypto will simply gather dust. Even though there's a complete list of details in the safe, I doubt any of them would have the skills to access any of it.
So in answer to your question - create a user-friendly app that is idiot-proof. From there, it should be simple, but the idiot-proofing is going to take some doing.
How will crypto be adopted by the mass population? What will dealing in crypto be like?
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