Topic: Is the world ready for cryptocurrency? - page 63. (Read 6293 times)
maybe only some countries who use cyrpto technology, because there are still many countries that are still not available internet, especially countries that are poor and developing countries, if developed countries in my opinion are ready to use digital money such as bitcoin and altcoin etc.
I don't really think the world is 100% ready. I feel it's more like 30%-40% to me.
Blockchain is an amazing technology, yet, it has some room for improvement and so do cryptocurrencies.
The reasons are obvious, the lack of public awareness and legal framework to ensure everything is legal and prepare both the public and the government around the world.
Blockchain is an amazing technology, yet, it has some room for improvement and so do cryptocurrencies.
The reasons are obvious, the lack of public awareness and legal framework to ensure everything is legal and prepare both the public and the government around the world.
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'nt ready yet. its true that cryptocurrency will be easy to be teach for people in developed country but do you ever think how to teach it in developing country? There is so many kids without any proper education. So i dont think we are ready now.
Yes!!!
I think the world is not ready to welcome Bitcoin now!
Currently, many countries have been using Bitcoin, but for some reason, Bitcoin has not been able to convince the world yet!!!
I think the world is not ready to welcome Bitcoin now!
Currently, many countries have been using Bitcoin, but for some reason, Bitcoin has not been able to convince the world yet!!!
I don't think the world is ready yet, we dont have the technical know how to use bitcoin to its full potential. Its a genius idea, but will take time for society to adapt to the new age currency. I think with time with the technology upgrade we will be able to manipulate the currency and use it in many different ways, the more we use it the more it will become accepted in the society. Once the banks start using it, then you know that it is here to stat. Then we will repeat the benefits.
It may not be right now but hopefully will be sooner or later. People are fed up with centralized system and their disadvantages. Also many governments are just trying to divide people on the basis of power and money.
this will happen and indeed will be one of the most massive if not the most massive decision of humanity in the 21st century
I believe that crypto currency is a good idea. Crypto currency can work very well - this is exactly what is needed for a single world that lives in complete freedom. However, at present the world is not yet ready for these technologies.
maybe
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.
For me, I think they should massively adopt Bitcoin and other cryptocurrencies in the market. You know why? It is because Bitcoin has a lot of potential to become an alternative payment for goods and services by means of cashless payments. In that way, the world would be ready for that in a few years from now.
Governments have kept vigilant against Bitcoin. They haven't been ready for taking Bitcoin as an alternative for fiat money. Though I hope Bitcoin will gain more acceptance, I have to admit that Bitcoin is used by crimes and illegal activities. Therefore, it's understandable that there are only a few countries have accepted Bitcoin as a means of exchange.
The majority still doesn't look at the technology but at the volatility of the crypto markets. Until this trend won't turn around I think the world won't be ready enough.
I think that our world is ready for crypto currency because we need changes in our system. To my mind, digital currency is much more convenient than the cash we use now. I think that it will replace even dollar.
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 all country's around the world are come together to unite by supporting by the use of crypto currency, well for me thats the time that the world are ready for crypto currency. Because their are still other country's until did not allow crypto currencies. So we all hope that someday they accept crypto currencies in their country's.
yes , some countries declined to use crypto maybe because they have their own reason and for sure its not about because they are not ready to use cryptos .
the world is also ready to use cryptos because we are now actually using it but i think we are not yet ready to use cryptos as a primary currency due to the fact that cryptos do still have many missing features like for example , cryptos do still not have a physical shape and that simply means it cant be usueable in times of blackout or if there is unavailability of internet connection .
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 all country's around the world are come together to unite by supporting by the use of crypto currency, well for me thats the time that the world are ready for crypto currency. Because their are still other country's until did not allow crypto currencies. So we all hope that someday they accept crypto currencies in their country's.
I think that the world is ready for cryptocurrency and it will be able to enjoy a lot of advantages if we use btc everywhere. You should plunge into the crypto market if want to earn good money.
If the technology is ready, the world will be ready for it. There are many ways cryptos and blockchain are revolutionalising the world economy. Government intervention shows that they're afraid that they will not be able to control things as they used to do.
Cryptocurrency is just in its experimental stage and hasn't been perfect yet. Accordingly, the world isn't ready for using Bitcoin, and Bitcoin hasn't been ready to be used. Governments need time to research Bitcoin thoroughly to introduce laws and Bitcoin needs time to be improved.
I think Bitcoin has not been ready for being widely used. It needs to improve its shortcomings. Records of cryptocurrency transactions are kept on a digital ledger. With every money transfer, the ledger swells in size. Only supercomputers could keep up with verification of the incoming transactions. Then, users of cryptocurrencies will face other problems with transactions. The associated communication volumes could bring the internet to a halt, as millions of users exchanged files on the order of magnitude of a terabyte. When bitcoin peaked at $20,000 in December, a single operation with the digital currency cost additional $57. Too high!
Yeah, the world isn't really ready for a revolutionary change. But I don't think cryptocurrency can't take the place of fiat money. The fiat money is much steadier than cryptocurrency. Provided that cryptocurrency replaced fiat money, it would slowly, not abruptly happen, the same as the case of computer and machine. At the beginning, workers in factories destroyed machines since it had been taking their jobs. At the present, I couldn't imagine how life would be without machines.
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