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Topic: If the society rejected to use crypto currencies? - page 2. (Read 20233 times)

jr. member
Activity: 402
Merit: 4
Well, left to me, I belief tine would tell. But in the main time, crypto rejection right now, is as a result of the bad experience a lot of people have had in the past. With time, when appropriate regulations are put in place, and scammers are flushed out of the system, every one will accept it.
If they stick to fiat currency is due to the fact they trust it so much to buy them whatever they want. Trust is built over the years.  Everything is a gradually process. You can't run faster than your leg can carry You.
full member
Activity: 518
Merit: 101
If the public rejects crypto, then it will not be able to build a blockchain in their lives. We know that technology is increasingly sophisticated and growing so that this should be done wisely for the future. Indeed, ordinary people are still difficult to accept crypto and they do not believe in their progress.

In theory, blockchain can be used without cryptocurrencies. many governments have been thinking about it for long. however, it will be a very complicated process, available only for IT specialists. Thus, cypto is needed.
full member
Activity: 1498
Merit: 146
If people don't accept cryptos then the current fiat money system will be there until a new payment sytem invention comes in the future.But chances of cryptos will be adopted in near future is high as investment if they are not refued to accept it as payment system.
hero member
Activity: 1064
Merit: 500
Cryptocurrencies dont really need to be accepted by people in order to survive. Just think of it as one of the numerous digital currencies people trade to make profit, cryptocurrencies can survive being a trading tool.

People will simply never refuse using cryptocurrencies now. They understand that dealing with crypto, it is possible to make big money. Why should they stop doing the things that bring them a profit? Crypto has the future.
member
Activity: 462
Merit: 13
Will it be possible, well if that happens then that is all nobody will be interested in the digital world. Coins currently in the system will fade out since who will be there to buy. There will be no new coins, no ICO's since none will be interested in cryptocurrencies again. The whole brand is for the society so if they reject it that is all.
Ucy
sr. member
Activity: 2632
Merit: 403
Bisq is a Bitcoin Fiat Dex. Use responsibly
There is absolutely no way most people won't use cryptocurrency or prefer it to fiat currencies. I I think what is lacking now is ideas to get most people unto the world of cryptocurrency.  There can be massive adoption this year, or even next month if the right thing is done quickly.
member
Activity: 361
Merit: 10
BIB Exchange
indeed for now in some countries it is still prohibiting crypto currency to be used in the real world because its exchange value is not as stable as possible, unlike real money that has a stable price.
jr. member
Activity: 616
Merit: 1
Cryptocurrencies dont really need to be accepted by people in order to survive. Just think of it as one of the numerous digital currencies people trade to make profit, cryptocurrencies can survive being a trading tool.
jr. member
Activity: 406
Merit: 5
I-CHAIN - The Revolution of Digital Advertising
This thing came up to my mind suddenly. As I know a currency is a transaction medium that majority of the people agree to use to exchange their items with them. If it is the case, if majority refused to use crypto currencies, what will be the consequences may occur ? And how it will affect to the ICOs ? Any Ideas?
This would be calamitious and disastrous in so many ways..  Without mass adoption of cryptocurrencies it will be impossible for valuation to increase sporadically and secondly decentralisation is another question.. If their are too few people using a currency it will be subject to manipulation.
sr. member
Activity: 584
Merit: 252
Generally the fiat is being said to be backed up by something like gold or any other things.But I think that is a total delusional and governments are going on printing fiat currency and at some point this has to be stabilized or mobilized.we had already seen such problems in Venezuela and if things go on like this every other country will face problem.Thus it will be high time when the concept of fiat will totally change and people will really look for financial freedom and then may be we can see true crypto-age.
member
Activity: 700
Merit: 11
If this happens (although I do not see it happening) then there will be a global meltdown in the prices of all cryptocurrency. Literally, every coin will turn to shit and all institutions that run on crypto or have accepted crypto as their source of payment for services will likely crash and close down their operations
full member
Activity: 798
Merit: 101
If the masses are smart and sensible, they will discover the advantages of cryptocurrencies and also find the shortcomings of the currency issued by the government. Will make a choice.
jr. member
Activity: 184
Merit: 1
This can't happen, cryptocurrency had been known throughout the world and none of its features can be left unused. Crypto as helped the world with blockchain innovation, so rejecting cryptocurrency is what I don't see happening.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
Demand will be lower but do you think that majority will refuse to use crypto now? after all of the publicity it got and the surges in price recently. I doubt it that the majority of the people in the community will start thinking about this.
Majority of the people have now known better than the past about the need of cryptocurrency to the growing population. With this there won't be much opposition for the use of cryptocurrency anymore. Even now people around the world continue to use cryptocurrency from countries that have imposed ban on bitcoin and other cryptocurrencies.
jr. member
Activity: 334
Merit: 1
If the public rejects crypto, then it will not be able to build a blockchain in their lives. We know that technology is increasingly sophisticated and growing so that this should be done wisely for the future. Indeed, ordinary people are still difficult to accept crypto and they do not believe in their progress.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
Demand will be lower but do you think that majority will refuse to use crypto now? after all of the publicity it got and the surges in price recently. I doubt it that the majority of the people in the community will start thinking about this.
full member
Activity: 854
Merit: 101
Polkadog - Multi-Chain Defi Meme
Already have strong supporters a valid reason for this industry to continue and being left behind, rejection is for those who don't believe the potentials but from what we are experiencing right now, more and more people and personalities already here to stay.
some people will still not believe, because their choice of technology may not be too influential in the future. but for all of us, the market strongly supports if we continue to maintain our belief in growth and ties to all industries connected to cryptocurrency.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
Abandon cryptocurrency is how to abandon electricity. It is like taking a step back in the progress of humanity. I personally have become accustomed to cryptocurrents that for me it will be difficult to abandon cryptocurrency.
Already have strong supporters a valid reason for this industry to continue and being left behind, rejection is for those who don't believe the potentials but from what we are experiencing right now, more and more people and personalities already here to stay.
member
Activity: 481
Merit: 11
Abandon cryptocurrency is how to abandon electricity. It is like taking a step back in the progress of humanity. I personally have become accustomed to cryptocurrents that for me it will be difficult to abandon cryptocurrency.
What do you use cryptocurrency every day until you can't leave it? Is it only for trading? because until now there is not much cryptography that we can use as a means of payment.
legendary
Activity: 1372
Merit: 1008
This thing came up to my mind suddenly. As I know a currency is a transaction medium that majority of the people agree to use to exchange their items with them. If it is the case, if majority refused to use crypto currencies, what will be the consequences may occur ? And how it will affect to the ICOs ? Any Ideas?

I do not think that in the near future the society will completely abandon the use of cryptocurrency. The market today continues to live and develop, despite the periodic fluctuations in prices. Now is the perfect time to buy good cryptocurrencies - and smart investors understand this.
for the lower class people will certainly reject changes and technological developments, because they are not ready for that, but for the upper class people who have been technologically literate they certainly will not reject it, instead they are very open to technological developments
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