How soon the blockchain industry can be adopted, is this within 2020? - page 3.

Twinkledoe

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Quote from: sikke on November 25, 2019, 05:31:51 AM

Quote from: DrawAthens031 on November 24, 2019, 04:22:08 PM

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? \

What do you mean? Adoption across the board is already happening on a large scale.

I'd actually say that a lot of technologies are already mass adopted, like bitcoin itself, and even ETH with the advent of ICOs with the ERC20 tokens that are hosted on it. A lot of people are waiting for mass adoption to happen, but I say that we may already be speaking in retrospect.

There are certain applications of blockchain tech that may not yet be mature enough, perhaps integration in terms of the regulated financial world. But that depends a lot on the actual regulations themselves and have less to do with the fundamentals of cryptos.

That's what I'm thinking as well. Adoption has been happening already and it's been for years now. More and more companies are joining the pack and even small companies are trying to integrate blockchain technology to improve their operations. Want proof? How about the legit projects introduced here in the forum. You can encounter a lot of projects launched every day. Maybe not all adoption have been documented but I'm sure adoption is already happening.

sikke

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Quote from: DrawAthens031 on November 24, 2019, 04:22:08 PM

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? \

What do you mean? Adoption across the board is already happening on a large scale.

I'd actually say that a lot of technologies are already mass adopted, like bitcoin itself, and even ETH with the advent of ICOs with the ERC20 tokens that are hosted on it. A lot of people are waiting for mass adoption to happen, but I say that we may already be speaking in retrospect.

There are certain applications of blockchain tech that may not yet be mature enough, perhaps integration in terms of the regulated financial world. But that depends a lot on the actual regulations themselves and have less to do with the fundamentals of cryptos.

Coin_trader

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Quote from: DrawAthens031 on November 24, 2019, 04:22:08 PM

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? \

At first, you made me laugh because of this statement;

Quote from: DrawAthens031

I am worried about it

Then I realize that It has a sense at all. The regulators are pressuring many projects to comply with a mission impossible rulebook which in short to force close them. No mass adoption will happen unless
regulators will release concrete and easy guidelines for project compliance. Unless regulators allow cryptocurrency to be used freely then mass adoption will start. No need to worry about it since
Blockchain technology is superb. It's the future technology for fiat transactions.

bassbity

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Slowly but surely it will happen, but I think it will start in 2020. It takes several stages to adopt the new blockchain. My country has also started planning the implementation of the blockchain, but it will be discussed in 2020, so it needs a process to fulfill adoption as well. that whole.

aemma

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Quote from: DrawAthens031 on November 24, 2019, 04:22:08 PM

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? \

I actually don't know on what grounds he mad the statement, if it's about his platform or the blockchain space as a whole. However, talking about adoption, there have been various levels of blockchain adoption but I will say they have been on a smaller scale. On the other hand, taking about massive adoption, this could take time as we are yet to purge out fake projects and teams which in one way or the other draws us back.

albrots

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It is too fast to hope that the blockchain can be adopted by 2020. Blockchain is a complex platform, it takes time to slowly adopt and hit the blockchain. For example, China, which will develop the blockchain and adopt the blockchain for their own needs, may need more than 5 years of research.

Piskeante

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10 to 20 years to adopt, and by that time, probably crypto will not be needed. This is a big scamm and all of you will suffer.

nicolas1979

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Blockchain industry grow faster than we think, even in this time this technology still become the main topic or project many developer. In year 2020 blockchain will have good basic technology to support many transactions but not take place other technology. Developer need more research and law to continue their goal, create new way to handle many transactions in one time with cheap fees. Just wait but never forget to learn about blockchain, like or not maybe this technology will replacement all we know.

Doranile432

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Adoption is a gradual process, its not something that can happen in a year, it will take years before we see full crypto adoption, 2019 is better than past years if we have to judge crypto in adoption rate

zulfi125

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The blockchain industry is growing in some countries fast and in some counties slow even ban but it is growing fast and adopting by various countries and remaining are working on it but you can expect blockchain adoption within 5 years, not in 2020.

christian07

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Yes little by little crypto will spread base in how useful and helpful are this then a lot of services will upgrade by this cryptocurrency like the every transaction of different services so adoption is non-stop even slowly only but there's a negative about this like some business will close by this because more often people will this than other transaction with fiat currency

tenakha

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Quote from: DrawAthens031 on November 24, 2019, 04:22:08 PM

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? \

Adoption is not going to happen in a flash. Do not rush about it, rush and adoption are almost the opposite words to each other. Adoption has begun for a long time and this system needs more time to be fully involved. Imagine that almost the whole world is knowledgeable about crypto, believes in it and uses it. We need more 20-30 years to adopt.

edmundduke

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Quote from: DrawAthens031 on November 24, 2019, 04:22:08 PM

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? \

Well adoption is a gradual move and it will take a very long time. Also the thing is, used for what. Blockchain has some very good functions but generally speaking, the current solutions that are available on the market are way more effective.

USBitcoinServices.Com

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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!

Stargazer

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No, it won't happen in 2020, Cz said slowly not so fastly. Slowly means gradually the crypto will get mass adoption, it can take more 5 to 10 years, but yet it surely will.

DrawAthens031

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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? \

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