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Topic: Is the world ready for cryptocurrency? - page 54. (Read 6293 times)

newbie
Activity: 85
Merit: 0
August 12, 2018, 02:23:46 PM
I don't see bitcoin or crypto currency replacing the regular currency and there's too many countries that does not support or approve bitcoin yet and electronic money isn't that easy to use in some countries
member
Activity: 364
Merit: 10
August 12, 2018, 02:17:14 PM
At the moment, I believe that not all countries are ready for such rapid progress regarding technologies of an almost new era.
newbie
Activity: 93
Merit: 0
August 12, 2018, 02:15:18 PM
I think so even though there is a lot of competitors around them. But we have to admit that they must be accept by all the governments in different countries become one of the national currencies to be use for transcations. And cryptocurrencies must be ready for different scenarios they will be facing in the future when it comes to value of their coins in the market. The market is not always stable all the time they cannot put all their trust for theirt number one coin to be well-known and stand still. But I think they are ready.
full member
Activity: 644
Merit: 102
August 12, 2018, 01:51:09 PM
Yes , the world is ready for cryptocurrencies going by the volume of investment and new projects that are created by the day.  Accepting crypto usage will come gradually over time.
copper member
Activity: 126
Merit: 0
August 12, 2018, 01:48:50 PM
Yes,because multitude of flock are getting involved in the investments of bitcoin and they are not just from the single country,they are from different parts of the nation which actually show the popularity level of bitcoin and other crypto currency among people all over the world.Moreover as the technology has been improved from year to year the people get more attract towards the digital currency such as bitcoin.Many countries use bitcoin as a medium of exchange even in Swaziland bitcoin is accepted by financial institutes accept bitcoin as a tuition fee.So, i think the the world is ready to accept the crypto currency. 
sr. member
Activity: 511
Merit: 250
August 12, 2018, 01:34:23 PM
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.
one day the world will be ready with all that because crypto currencies use the development of technology and times so that it will indirectly be acceptable to everyone
sr. member
Activity: 600
Merit: 250
August 12, 2018, 01:29:33 PM
Cryptocurrency is now known throughout the world, there are even some countries that have recognized and legalized the use of cryptocurrency, and there are several companies that have used cryptocurrency as a transaction payment instrument. Based on that, it means that the world is ready for cryptocurrency.
full member
Activity: 476
Merit: 100
August 12, 2018, 01:11:45 PM
The world is getting ready for cryptocurrency but not completely ready. The rate of awareness is increasing by the day. The adoption is also on the increase as many countries are setting up committee to look into crypto and their economy. Switzerland has just authorized one of her banks to operate on cryptocurry account. 
full member
Activity: 938
Merit: 137
August 12, 2018, 01:06:17 PM
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.
The world is not ready to go only to use crypto currency as money and will never be ready. You will never force grandparents to learn how to create digital wallets, conduct transactions, defend themselves against hackers, and so on. And it will not be necessary, because never any state will go completely to settlements in the decentralized crypto currency. Apparently, this will not be even with the use of centralized crypto currency. Transition to the use of decentralized crypto currency is impossible, since if it does not kill, it will unbalance the economy of any state. In addition, in any society there will always be groups of people who will defend their right to pay with banknotes of the state.
jr. member
Activity: 482
Merit: 3
August 12, 2018, 12:42:52 PM
So many projects and investors coming up from different countries is a form of confirmation to me that the world is actually ready for the blockchain technology. A form of regulation is needed to give it good support.
newbie
Activity: 42
Merit: 0
August 12, 2018, 12:42:44 PM
The world is fully ready now just waiting for the current time and also waiting to improve bitcoins current situation and start like before.
member
Activity: 180
Merit: 10
August 12, 2018, 12:04:56 PM
Yes, I think the world is ready for cryptocurrency today, many people involved in crypto mean that crypto requests are getting stronger every year.
newbie
Activity: 66
Merit: 0
August 12, 2018, 12:00:01 PM
While some countries are so advance on their technology  there are lot more which are still catching up with their technology so that means global acceptance  and readiness on cryptocurrencies is not yet 100%. But its not impossible that the world is heading to becoming crypto-ready soon.
newbie
Activity: 93
Merit: 0
August 12, 2018, 11:58:41 AM
I don't think there'll be the time that the bitcoin will be used as a main currency although there's already a lot of countries that are accepting bitcoin it's quite impossible
sr. member
Activity: 532
Merit: 250
August 12, 2018, 11:48:53 AM
if for developed countries it is already quite popular and many have used bitcoin for their needs, but in countries that are still lacking facilities still do not understand what crypto is, and in some countries there are also restrictions on crypto ..
I agree in your opinion, I think the world is not for cryptocurrency cause lot's of countries are not accepted bitcoin and also many people are did'nt know about bitcoin is, they didn't understand the true meaning of bitcoin. Some countries maybe they know bitcoin but lack of facilities that's why it cannot develop.
member
Activity: 243
Merit: 10
August 12, 2018, 07:12:00 AM
The world is apparently ready for whatever it is aware of and has been endorsed by the authorities in order to use or patronize it without fear. Until Bitcoin or cryptocurrency meets a new light where the governments of all nations announce its legitimacy, the world will appear to be not ready for it.
Ues I agree. The world is ready to engage in crypto currency because we are already in the new era where technology envades the world. Modern world with modern people are very ready for crypto currency.
member
Activity: 378
Merit: 10
August 12, 2018, 11:30:05 AM
Yet the crypto currency in the world could not be known everywhere. Because in some countries the crypto currency has been banned. However, it is gradually moving towards popularity. In terms of time, I think it will be introduced throughout the world
member
Activity: 350
Merit: 10
August 12, 2018, 07:50:35 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.

First, I think cryptocurrency will not replace all world currencies, personally I expect the cryptocurrency to be parallel to the dollar, euro, etc. I think, now the world is not ready for cryptocurrency fully, however, the dependence on cryptocurrency is the same as dependence on the internet. Let's imagine if all countries actually use cryptocurrency, how many transactions occur every day !? how fast can the transaction process occur? not to mention the bandwidth used by one country every day. But, who that knows what will happen in the future. something impossible could be possible.
member
Activity: 406
Merit: 11
August 12, 2018, 07:49:07 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 with the technology in crypto but the people are not. Many are not participating into crypto bec. Of the risk and the lack of knowledge. Maybe in time when the younger generation will embrace it.
brand new
Activity: 0
Merit: 0
August 12, 2018, 06:40:41 AM
The world is ready....The question should be whether the currencies are ready
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