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Topic: Is the world ready for cryptocurrency? - page 58. (Read 6293 times)

full member
Activity: 395
Merit: 100
August 11, 2018, 06:14:28 AM
           To me I think that the whole world population has been troubled about money for several years and we needed a third party to be trusted so there haven't been any option to trust anyone so the people trusted the bank so far for currency matters . Now the introduction of Bitcoin brought a change . Cryptocurrency is gaining popularity and the blockchain is the database storing data's online . Since it is a decentralized one and no third party involvement government cannot take control over cryptocurrency 
hero member
Activity: 882
Merit: 548
August 11, 2018, 04:56:26 AM
I think that is already ready or will be ready very soon, now preparations are under way and you can see for yourself what news from the most famous companies we see now
 Microsoft Introduce Blockchain-as-a-Service Solution While Google struggles to figure out its attitude toward various crypto products, another IT giant, Microsoft, has announced the introduction of a new Blockchain-as-a-Service solution. Read more:  https://medium.com/@babaevanar/microsoft-introduce-blockchain-as-a-service-solution-d7951401fad9
newbie
Activity: 26
Merit: 0
August 11, 2018, 04:29:19 AM
I think cryptocurrency need time to be accepted by the government and after that, I think the world will soon ready for cryptocurrency and has become a topic trend in various mass media lately.
newbie
Activity: 210
Merit: 0
August 11, 2018, 04:21:55 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 world in not yet ready for cryptocurrency.Some people know about cryptocurrencies and they use it for the fastest trasaction but other people has no idea what is cryto.All of the people must know about this before world ready in bitcoin or crypto.
member
Activity: 532
Merit: 18
Bitcoin lover!
August 10, 2018, 10:11:45 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 Crypto currency will most likely enter our world gradually and for decades. It is very peculiar, a certain part of the population does not understand it and this requires a certain amount of time. Here the question is not whether we are ready for such a technology, but by the level of technology we have already grown to understanding the crypto currency, and the question is how long it will be implemented in our life. After all, this requires appropriate skills, technical devices and the Internet.
newbie
Activity: 45
Merit: 0
August 10, 2018, 10:11:37 PM
I'm not so sure.  Most people have an issue with personal responsibility.  Could you imagine 7 billion people trying to keep track of their private key.  We would be down to 10 million outstanding Bitcoin by 2020 with all the losses. 
full member
Activity: 322
Merit: 107
August 10, 2018, 10:06:21 PM
For me the world is not yet ready for cryptocurrency although there are some countries who use it as a payment method.We still need more knowledge to understand well what is really the meaning and benefits can give of bitcoin to everybody.
full member
Activity: 392
Merit: 105
August 10, 2018, 09:27:35 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.
If you think some specific developed country then you will find out the legalization of Bitcoin. But in the worldwide perspective,you don't find the legalization of Bitcoin.For that reason,Bitcoin is controversial and criticized by many people who actually don't have enough idea about Bitcoin and Crypto-currency as well. They just focused about the bad things for Bitcoin and publicly expressed those reason. But Bitcoin has many positive sign for its legitimacy. In the meantime, there are so many people are involved in here and there has different purposes. In order to achieving knowledge and money as well I am here.It is just awesome. So, don't think it worldwide now.Because maximum countries are not ready for this. But we will able to see the its revolutionary changes within next few years probably.
full member
Activity: 616
Merit: 100
August 10, 2018, 09:02:04 PM
we know if bitcoin to be the main currency in a country is very hard, because the people in this country will use their local currency to pay something, maybe the bitcoin can be the optional currency, so i think bitcoin can'e be the main currency because it will change the economy of a country
sr. member
Activity: 602
Merit: 255
August 10, 2018, 08:43:23 PM
yes world is already using this king of coin. our world is very ready but not some countries   Angry Angry Angry Angry
i dont think why they are banning bitcoin to their county.
bitcoin can help their country man to have a easy money by working with cryptocurrency.
it will lessen the unemployment all over the world if they legalize it.
newbie
Activity: 196
Merit: 0
August 10, 2018, 08:35:01 PM
As now the world is not ready for cryptocurrency ,it need more time to educate people about cryptocurrency , the concepts , the tes and conditions on having a crypto currency in a certain country, especially this third world countries, the government must prepare on what are the activities to take up on cryptocurrency technology.
jr. member
Activity: 252
Merit: 1
August 10, 2018, 08:10:30 PM
You are very right and I think the world is ready for it but alot can still be done to further prepare us which includes proper regulations of the cryptography currencies
newbie
Activity: 240
Merit: 0
August 10, 2018, 07:30:48 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.

I believe some countries are ready to digital currency but others have still hesitant. For now, there are resistance because it is on its early phase of mass adoption. Adjustments are needed and system improvements must be implemented. This is to address some concerns especially the fraud cases.

 
jr. member
Activity: 322
Merit: 2
August 10, 2018, 06:53:03 PM
The world is not fully ready for cryptocurrency. That is the reason why some people still condemn cryptocurrency till date. Most people still don't understand what cryptocurrency is. There is need for people to be well educated about cryptos. The more the awareness, the better.
newbie
Activity: 88
Merit: 0
August 10, 2018, 06:46:19 PM
Finitely, the world is ready for such a large-scale change. Crypto currency is our future and the longer people resist this innovation, the slower the development of humanity.
newbie
Activity: 122
Merit: 0
August 10, 2018, 06:35:16 PM
Of course the world is ready. And what's so complicated? Crypto-currencies should improve and simplify the life of people ... and not lay down. It would be strange if it was necessary to prepare for simplifications. Digital money is much more convenient than paper money. And if you add decentralization to the crypto ... then generally some pluses
full member
Activity: 453
Merit: 104
August 10, 2018, 06:05:57 PM
Millions of people now are using cryptocurrency and I don't know the exact number but I think with this number people who invest and use crypto I think people are ready to crypto and also the country who accept bitcoin.
A person could have many wallet to safe their funds. Our community is really big, bitcoin usage is not recommended by government. So I am not sure that bitcoin will be adopted by the all people in the whole world.
sr. member
Activity: 1274
Merit: 263
August 10, 2018, 05:24:08 PM
Millions of people now are using cryptocurrency and I don't know the exact number but I think with this number people who invest and use crypto I think people are ready to crypto and also the country who accept bitcoin.
newbie
Activity: 67
Merit: 0
August 10, 2018, 03:00:17 PM
Yes, I think it is ready but for aml bitcoin.  The value of the AML Bitcoin is not determined by any government. Therefore, if any economic or financial instability occurs, AML Bitcoin users are not affected.
newbie
Activity: 56
Merit: 0
August 10, 2018, 05:14:29 PM
Crypto currency has a long way to go to reach that stage but I am 100% sure digital currency would never replace our conventional currency, common internet is not affordable to the masses here in Africa for normal transfer of money, phones are not affordable, I could go on and on.

Digital currency would never drive away FIAT.. No way
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