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Topic: Is the world ready for cryptocurrency? - page 67. (Read 6301 times)

newbie
Activity: 28
Merit: 0
August 07, 2018, 06:28:22 PM
The world is definitely ready for cryptocurrency. Considering the year bitcoin was developed to now, there have been a great advancement in terms on technology and the ways of doing and going about things. Moreover, about 50% of the world population have some knowledge or idea about cryptocurrency....
Surprisingly, most people only know about Bitcoin and not cryptocurrency, I think that's even better for Bitcoin
newbie
Activity: 28
Merit: 0
August 07, 2018, 06:22:09 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.
Bitcoin and other crypto currencies are still on its infant stage. There are various little flaws that are holding us back from using it as a global currency. More development is needed to solve these current problem with the technology. And most people are still illiterate on this section. So we need to spread out the word and what this technology can do to the people. Once they get to know the real benefits, they will be ready to use it.

You are completely right on this, we shouldn't expect everyone to quickly accept cryptocurrency at the moment, but time will make the great difference
jr. member
Activity: 266
Merit: 1
August 07, 2018, 06:15:00 PM
Not all people are ready to use cryptocurrency, keep your private key safe is tough task for many people, dealing with volatility required understanding trading etc. I don't think normal people like to deal with this stuff.
full member
Activity: 506
Merit: 101
1 & 0 😏
August 07, 2018, 06:12:35 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.

In my opinion we will use it in our daily lives as a paper money when they will ready. Nowadays there are a lot of governments which not allow cryptocurrency. We should wait. Maybe in september SEC will ban to cryptocurrency.
newbie
Activity: 28
Merit: 0
August 07, 2018, 06:11:23 PM
The plan of Bitcoin and cryptocurrency is to correct the errors created by Fiat economy not necessarily replacing Fiat because Fiat will always be available but in a smaller supply and mostly in the rural areas
jr. member
Activity: 266
Merit: 1
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
August 07, 2018, 06:07:38 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.


Just like I picked from the time frame you mentioned, I do think the world will be about fully ready to accept the digital currency in about 10 year's time from now. Before then, alit is still happening to really build on the cryptocurrency reputation globally and strategically on individuals.
full member
Activity: 783
Merit: 100
August 07, 2018, 06:06:14 PM
the world is not yet fully ready to accept cryptocurrency, because now many countries have not received Crypto as one of the latest technologies. so I think it needs approval from various countries to be fully accepted in this world.
member
Activity: 150
Merit: 10
August 07, 2018, 06:05:08 PM
The world is definitely ready for cryptocurrency. Considering the year bitcoin was developed to now, there have been a great advancement in terms on technology and the ways of doing and going about things. Moreover, about 50% of the world population have some knowledge or idea about cryptocurrency....
sr. member
Activity: 1246
Merit: 285
August 07, 2018, 06:04:34 PM
The world is not ready, Human being by nature are bound to resist  change and this is sure to be repeated for cryptocurrency, globally individual still believe more in the stock and forex platform, sure cryptocurrency is here to cause a revolution, overtime the world will embrace cryptocurrency as it is the new development of this age.
You are right. Most people have not been able to accept this financial-technology development. In addition, some countries in the world also lack cryptocurrency. However, the development of cryptocurrency is quite rapid and provides many benefits for those who are able to adapt to its ecosystem.
full member
Activity: 504
Merit: 100
August 07, 2018, 05:57:55 PM
I think the world is not ready for cryptocurrency. Because many people has no knowledge about cryptocurency. And as of now cryptocurrency is so risky because of scammers and hackers.
newbie
Activity: 162
Merit: 0
August 07, 2018, 05:49:59 PM
As knowledge on bitcoin and the whole blockchain technology is on the rise now, I think the world would soon be ready to use cryptocurrencies in their various business transactions. The future looks bright as more people are beginning to embrace the world of crypto.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
August 07, 2018, 05:32:47 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.
Bitcoin and other crypto currencies are still on its infant stage. There are various little flaws that are holding us back from using it as a global currency. More development is needed to solve these current problem with the technology. And most people are still illiterate on this section. So we need to spread out the word and what this technology can do to the people. Once they get to know the real benefits, they will be ready to use it.
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
August 07, 2018, 05:06:13 PM
The world is not ready, Human being by nature are bound to resist  change and this is sure to be repeated for cryptocurrency, globally individual still believe more in the stock and forex platform, sure cryptocurrency is here to cause a revolution, overtime the world will embrace cryptocurrency as it is the new development of this age.
newbie
Activity: 71
Merit: 0
August 07, 2018, 04:47:24 PM
I think it takes a lot of time until the world ready for cryptocurrency,besides that the world knowledge about crypto is also not evenly distributed, this needs to be solved by large-scale socialization.
jr. member
Activity: 340
Merit: 1
August 07, 2018, 04:39:42 PM
I think yes for coming decades because the technology has continuing of innovation provide a better life for people. It will growth and people will accept the gift of digital which is you can pay using our bitcoin to any kind of transaction malls,transportation,resorts , and restaurant
Cypto will be part of our daily life so i think they are ready. Because we are in era of technology.
sr. member
Activity: 660
Merit: 250
August 07, 2018, 04:21:45 PM
I think yes One reason why we are on Internet Age, We are on the phase of mass adoption and we are ready to change the world for a better. Cryptocurrency and bitcoin will replace fiat currency soon.
newbie
Activity: 112
Merit: 0
August 07, 2018, 10:38:54 AM
A few years ago I would not say so, but the last two years have shown that people are used to crypto currency and know what it is.
newbie
Activity: 140
Merit: 0
August 07, 2018, 10:34:49 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?

Why do we talk about replacing the world's currencies when we talk about crypto. Crypto currency or Bitcoin can never replace fiat. Fiat will have its own use in future too but Bitcoin/Crypto will make the life better by making the transactions safer and faster. Decentralization is the biggest advantage of crypto and it is also the reason of why it would not replace fiat, ever.

Is the world ready?

New technologies comes and either replaces the older ones or improve them. This (Crypto) is the revolution of financial management. I think we are ready, the world is ready.
full member
Activity: 406
Merit: 100
August 07, 2018, 10:28:12 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.
millennial are those who are more adopting cryptocurrency as it is easy to store and you can used it in any country  when purchasing items or goods or if you want t o convert in fiat there are lot of exchanges who can offer to directly convert  to u.s. dollar or any currency that supported by exchange but still we are just in a starting process for the mass adaptation of crypto currency and once it will fully establish expect prices of crypto coins may surge also.
newbie
Activity: 26
Merit: 0
August 07, 2018, 10:22:51 AM
I think most of the countries are already aware of the existence of cryptos, but not all of em are ready to embrace and accept it as a usable currency.
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