Is the world ready for cryptocurrency? - page 30.

mornabo

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Quote from: pxo1106 on August 23, 2018, 08:27:33 PM

Quote from: Impulseboy on August 06, 2018, 05:41:37 AM

Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.

I think the world is ready for cryptocurrency. The only problem lies on how the people would accept this thing. In realization it is really impossible for a particular people to used crypto for his/her typical used; however, if it would be properly guided and trained then it would be so easy. Thus, we need the support of the government if we want to achieve this kind of innovation.

I think not all countries are ready for a new financial system like cryptocurrency, some countries have low human resources, and you really need the intervention of the government and trainers so they can get to know what the internet and crypto are, I hope the world can be more advanced and sophisticated

Sir Legend

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Many countries are ready to accept cryptocurrencies, but more countries are not ready because of infrastructure which is still difficult, but I am sure that all countries will make cryptocurrencies the future of the transaction system replacing fiat.

btcformula

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I know Bitcoin has not really been legal worldwide, it's pretty new compared to some countries and some young people. It's a matter of mindset. Everbody want's security in every field. Problem is crypto is volatile, untrackable, too much technical so it's takes time to adapt that took like Internet adoption.

Chronos_angel

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Quote from: Impulseboy on August 06, 2018, 05:41:37 AM

Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.

I think bitcoin and local country currencies will go hands in hand, because I think bitcoin will not really be capable to replace the particular currencies of every country.

mxyzptlkof6th

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Quote from: Impulseboy on August 06, 2018, 05:41:37 AM

Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.

I strongly disagree with you. The world will take at leadt a centrury to fully replace fiat money with plainly cryptocurrencies. This is because not all countries are accelerating at the same rates therefore some countries still have their technologies left behind. To that end, even though what I am saying is negative in this forum, it is still reality.

Ipal

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I think the world is ready to move from fiat currency to digital currency, now everything wants to be practical and easy, so it is not limited between countries with other countries we need to unify currencies, so that everyone can get convenience. We have had the opportunity, with the existence of bitcoin it will really happen. Maybe in the near future everyone in the world will use bitcoin.

Asawakobana2017

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Quote from: Choyor on August 23, 2018, 09:39:10 PM

The popularity of crypto currencies can no longer be doubted, it is evident from the increasing number of people who adopt Bitcoin. For some of the world's population, it may be ready with crypto currency, but we also have to pay attention to the population in the third country, where some of the population cannot access this technology. still need a process.

Yes I agree on that, we cannot really deny the fact that bitcoin or crypto currency is now slowly becoming a part off himan life. But if we talk about the whole world I think bitcoin will not accumulated it at all. Specially world is so big and there are still people that didn't use internet specially on the mountainous area that the signal is poor. So I believe that world is not yet really for crypto or maybe only a few percent in whole world know it.

Choyor

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The popularity of crypto currencies can no longer be doubted, it is evident from the increasing number of people who adopt Bitcoin. For some of the world's population, it may be ready with crypto currency, but we also have to pay attention to the population in the third country, where some of the population cannot access this technology. still need a process.

Ribbitforum

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Of course Yes, most countries is using Bitcoin, And Now Bitcoin Can use to transfer money to there love ones

Twinscoin2017

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I think not all of the people around is really ready to face crypto there are so many people around the world that didn't even know what is crypto yet. So then I believe that the world is not 100% ready for crypto and there are some people the didn't know about crypto yet.

hiru65

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World is still testing bitcoin. Most of the people are afried about bitcoin. First we have to reduce this afried about bitcoin. There are some placess which accept bitcoin for servicess and good it is important to become populer. price is changing rapidly there for people are not tend to invest in bitcoin. Bitcoin will become as world currency when price is stable

organicrice

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Quote from: Impulseboy on August 06, 2018, 05:41:37 AM

Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.

I found out that most of other countries are familiar with the cryptocurrency and they some of them are not familiar with this. I can say that the world was not already ready for cryptocurrency because others are not aware on this. and if this happened that the world was ready for this. it was a big changes in the world.

pxo1106

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Quote from: Impulseboy on August 06, 2018, 05:41:37 AM

Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.

I think the world is ready for cryptocurrency. The only problem lies on how the people would accept this thing. In realization it is really impossible for a particular people to used crypto for his/her typical used; however, if it would be properly guided and trained then it would be so easy. Thus, we need the support of the government if we want to achieve this kind of innovation.

Ethan Argu

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I think the world is not ready yet, because some countries against bitcoin. Because they have negative effect on thier economy. It takes time to study and to teach in school and even to community goverment has a big responsibility for that without goverment we cannot implement law to legalize bitcoin.

Lorin

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I think it takes time to tell that the world could be ready to adopt crypto as a form of currency. Yes theres a lot of people know about crypto but there is also who doesnt know it. It takes more years to fully develop or known by all people in the world but the important is crypto is now gaining popularity in the market.

romantic007

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No. Not in decade and not even in less than a decade. I find it impossible because there are not so many countries which are ready for crypto, let alone the whole world. It will take a lot more time.

Carol Jones

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The world and governments are ready but for AML BitCoin. AML BitCoin rests on a privately regulated public blockchain that facilitates AML-KYC compliance and identifies criminals associated with illicit transactions while maintaining and strengthening the privacy protections for legitimate users.

coinholic

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Quote from: Impulseboy on August 06, 2018, 05:41:37 AM

Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.

I do not think that the main reason for which cryptocurrency was created is to replace fiat. I believe that cryptocurrency was created as an alternative mode of payment. Simple as that. But of course, the mind of people think differently and so perceptions also differ. For almost a decade, when cryptocurrencies started to gain monetary value, people realized that crypto is not just another way to pay goods or services, it can actually be an asset! And so crypto has evolved. Some loved it, some despised it. But things happen. We just need to make the best out of whatever comes our way.

kangkilokang

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Revolutionizing Crypto Payment Solutions

Quote from: saumang2m on August 23, 2018, 10:25:43 AM

I do not think the whole world is ready for crypto currency. Because still there are some countries that make crypto currency illegal. Because of which people of those countries can not use crypto currency. Unless such countries, governments do not accept crypto currency. Until then, the whole world can not be ready for crypto currency.

bitcoin does not have a guarantor like gold which is used as a guarantor for fiat, this is in conflict with the principles of world finance and certain religions

but many developed countries can open their minds and continue to perfect crypto regulations, countries that are not ready will indeed be left behind and will always be like that, but in the end they will follow what has been exemplified from a country that is very ready in the future.

James_H

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The world is ready for cryptocurrency. I see many people say Bitcoin can be a legal currency in the world. Maybe that could happen because Bitcoin is the biggest cryptocurrency in the crypto market. I also see that the world is ready for cryptocurrency as far as I know a year ago many people were involved in this crypto as long as the Bitcoin situation developed more than now .

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