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Topic: How soon the blockchain industry can be adopted, is this within 2020? (Read 403 times)

sr. member
Activity: 1624
Merit: 341
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Adopting takes a very long time, let alone a good product. It can certainly take years. While patiently waiting for certain plans of many countries will adopt them like China and some other countries.

finding partner that adopt bitcoin or cryptocurrency in real life was very difficult. Moreover regulation in many countries still restric about cryptocurrency.  Crypto adoption will happen if most of super power countries accept this. They deal that cryptocurrency will bring new breakthrough technolofy  and effectiveness in any field.
newbie
Activity: 58
Merit: 0
Cz posts on his twitter account oftenly that " slowly but surely"  I am worried about it. Guys, can you predict how slowly the adoption can be achievable? would It take within 2020 and this 2020 can be remarkable in history? \
For me i quite disagree with 2020, Mass adoption means at least halve of the 7 billion people in the world embracing technology maybe 10 to 15 years time
sr. member
Activity: 951
Merit: 259
The adaptation of cryptocurrencies is now 0.05%. This ratio is not low and not much. But I don't think the idea of mass adoption will come true in 2020. It's too early for that. So we shouldn't be impetuous, and we just need to leave everything to time.
You're right, we can't really trust someone's words fully. the fact is that the growth of crypto is not high and therefore do not expect much because it will create a high appetite that is not controlled. it's better to wait and do some research for now

Revolution is a painful process and takes time. Bitcoin is only ten years old and very young. Of course, it cannot be expected to give direction to the whole monetary economy.
But as someone who has worked well with Bitcoin and the blockchain technology behind it, I can easily say that cryptocurrencies are the most powerful technology of the future.
sr. member
Activity: 1050
Merit: 256
 The development cannot be rushed without any preparation. So I think there is truth in the words of CZ. Because what we're talking about is the adoption to all countries where crypto and blockchain has to go against the regulator. This requires intelligence in terms of linguistics to lobby them.
So I think if we are in a hurry for profit reasons you could say we are just crypto trash. Let it flow as it is.
I am sure that in 2020 many industries will jump into the blockchain world. Just show real proof not just words, so that later they will understand themselves.
sr. member
Activity: 1204
Merit: 253
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Adopting takes a very long time, let alone a good product. It can certainly take years. While patiently waiting for certain plans of many countries will adopt them like China and some other countries.
hero member
Activity: 2954
Merit: 533
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I think we really stuck in term of adoption because I can't see crypto getting adopted by big company nowaday, most of the time crypto only accepted by small company that need users but not big company, the backlash from the government after the proposal of libra could have serious affect too regarding this.
the big company dont want to take risk into accepting bitcoin and I still wonder why stablecoin is also lacking the adoption because these stablecoin basically just a digtalized cash and to see that no one bats an eyes is really confusing.
member
Activity: 504
Merit: 23
Epsilon Omega
Bitcoin adoption will take so long time. It is recommended that we collect or hold assets or other altcoins you think reputable and having utility use.
Patience is the key
hero member
Activity: 2982
Merit: 610
The adoption is already happening, slowly but surely we are in the right path now.
We might not see that in the price but its fundamentals tells us that businesses are slowly adopting crypto, what is just needed is the full regulation in the crypto market and boom! they will be here because they trust and they are confident.

We are even lucky to be this early because we can invest in the future of money.
member
Activity: 854
Merit: 10
Time is a major factor that nerds to be put into consideration. Whatever is good takes time to be accomplished, most especially when it comes with a lot of benefits. The adoption of blockchain is already happening gradually, but we need it yo be accomplished globally and that is where the patience comes in.
full member
Activity: 720
Merit: 103
Cz posts on his twitter account oftenly that " slowly but surely"  I am worried about it. Guys, can you predict how slowly the adoption can be achievable? would It take within 2020 and this 2020 can be remarkable in history? \
It all depends on many factors.Basically, what side will the elites take with regard to cryptocurrencies.If they decide that Fiat is the end, then in a week You will buy milk with the help of cryptocurrencies.
copper member
Activity: 994
Merit: 4
The truth is yes blockchain industry will be gradually accepted but not fast, as time passes  gradually there will be mass adoption so this is an opportunity for everyone to invest now because the future is bright with investment in ICO
K4C
full member
Activity: 448
Merit: 103
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I think that blockchain adoption in 2020 is very realistic, just take a look at the advancement Cryptocurrencies has made in 2019 and although they didn't trigger the altszn like we anticipated, I believe that cryptocurrency adoption is just around the corner, the Chinese would build their Cryptocurrency soon, other countries are gradually waking up to the fact that Cryptocurrency is here to stay and they would soon jump into the bandwagon too.
sr. member
Activity: 400
Merit: 268
If there is one thing that has been constant since the invention of Blockchain technology, it's it's unpredictability, anything could happen at anytime, Mark Zuckerberg went from fighting Cryptocurrencies to announcing his own suddenly, China did the same thing and Cryptocurrency adoption might happen faster than you think, it would come eventually and the time draws nigh, I have a feeling it might be in 2020.
sr. member
Activity: 1680
Merit: 288
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Cz posts on his twitter account oftenly that " slowly but surely"  I am worried about it. Guys, can you predict how slowly the adoption can be achievable? would It take within 2020 and this 2020 can be remarkable in history? \
Why blockchain? If ou think this will impact on the crypto prices then you are wrong.

Blockchain technology were already adopted by lot of companies but we may not aware of it and they don't have any reason to disclose it.
many companies have adopted blockchain applications, IBM and many companies are actively involved, and dominance still exists in America. This has no effect on price, but if one day they commercialize several patents in a system integrated with the blockchain in the form of global shares, and succeed in producing a number of profits, it will have a chain effect on other cryptos. In this case I think China will prove it no less than the next 2 years.
member
Activity: 490
Merit: 16
From 2020 and beyond crypto adoption will surely get better, 2019 have already open doors to new adoption rate and it keeps getting better every single year but things will surely not work faster like many think, we still have long way to go
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
Cz posts on his twitter account oftenly that " slowly but surely"  I am worried about it. Guys, can you predict how slowly the adoption can be achievable? would It take within 2020 and this 2020 can be remarkable in history? \

He is right when he says slowly but surely because that is the way to proceed, this is not a fad where everybody will notice it then fade away quickly, Bitcoin achieved it slowly and surely in the last ten years, but this time it will be a little bit fast than what is experienced in the last ten years, once the big companies and countries start coming in, things will go a little bit faster, but I like it that way slowly but surely.
member
Activity: 574
Merit: 24
The pieces are gathering together step by step, although we still have long journey ahead but the worst fears are getting neutralized one by one, 2020 should be better i hope and halving is a plus too
sr. member
Activity: 1020
Merit: 253
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The adaptation of cryptocurrencies is now 0.05%. This ratio is not low and not much. But I don't think the idea of mass adoption will come true in 2020. It's too early for that. So we shouldn't be impetuous, and we just need to leave everything to time.
You're right, we can't really trust someone's words fully. the fact is that the growth of crypto is not high and therefore do not expect much because it will create a high appetite that is not controlled. it's better to wait and do some research for now
sr. member
Activity: 951
Merit: 259
The adaptation of cryptocurrencies is now 0.05%. This ratio is not low and not much. But I don't think the idea of mass adoption will come true in 2020. It's too early for that. So we shouldn't be impetuous, and we just need to leave everything to time.
legendary
Activity: 2100
Merit: 1058
2019 already helped to bring crypto to mainstream media even with misinformation, and 2020 will bring more potential awareness and disruption about crypto to the mainstream media.

Crypto eating the fiat market organically!
Yes, everything must happen organically so that it will sustain forever. But, I do expect both cryptos and fiat markets are going to go existing in this world because both are needed for a stable environment for time being. It might take long time for cryptos to completely eradicate fiats.

I agree mainstream medias are doing great job for making people get aware of cryptos. At the same time we cannot ignore their negative job like spending FUDs. But, overall medias are playing big role in spreading awareness about crypto adopting. When people first hear about crypto they will Google about it and then they will adopt it when they are taking time to analyze about its bright future. This will definitely take time for people so we cannot expect mainstream adoption of crypto to happen rapidly. It will take its own time. I mean to say 2020 will be another year in crypto space which may be may not be a remarkable year.
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