Making crypto succeed in the real world? - page 3.

boksoon

newbie

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Quote from: Vindberg on May 03, 2018, 05:36:04 AM

Hi, I would love to hear your input on this.

As I see it, we need crypto wallets installed on every phone possible to ensure the readiness of everyday payment with crypto assets. Once customers are ready to pay, the stores will follow.

At least three things needs to happen:

1) Adoption of crypto wallets needs to increase (preferable with pre-funded assets)
2) Each wallet provider needs to agree on a standard protocol for payment (Maybe Payment Request API (W3))?
3) Store owners need a merchant app to receive payment with further integration into multiple accounting systems.

Have you seen anyone doing this?
Do we need a wallet alliance that can stipulate a standard?
What else needs to happen besides regulation?

Best crypto greetings,
Vindberg
https://validators.com

All possible business tandem to bitcoin is only secondary the important is more adoption of Bitcoin is our focus we convince to all our friends and relatives to support to use Bitcoin because this is only our survivor in terms of financial.

Ava Duvall

jr. member

Activity: 154

Merit: 1

Quote from: arthotdog on May 04, 2018, 10:22:16 AM

Quote from: DonateBB on May 04, 2018, 09:10:48 AM

If Crypto wants to succeed in the real world, I think people need to invent more technology to meet the needs of people's lives through crypto. So we hope Crypto grows closer to our lives.

Technologies qbout crypto is more than enough to sustain all the needs of the people in the world,whats the problem is the People needs to adapts crypto in their daily lives and this must be addressed,if people in the world will only use lall the technologies offered by crypto world,well maybe success in everything inside this community is indeed

But adapting crypto takes time and its a process, that is not so easy. but you are right- adapting crypto into everyday lives people wpuld catch on very quickly, and crypto would succeed

eternalgloom

legendary

Activity: 1792

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Quote from: Rakesh_alejandro on July 15, 2018, 02:28:27 PM

I think For customers it is hard to wait in the coffee shop until they get enough confirmation of the bitcoin process. So there are none but many problems in using this currency. Until the moment we do not see a big preparation for this we can not see any progress as a whole. So there is no provision for this purpose and that is why they may not just accept it easily.

That's what lightning network will solve once it's fully operational and in wide use. So please don't spread misinformation by saying that there is no solution yet for this problem.
Even now there are enough brick and mortar stores that are accepting Bitcoin. Usually they even allow 0 confirmations to make purchases.

Most people just do it fairly and in case of double spends etc. they just eat up the loss.

evilgreed

sr. member

Activity: 728

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Quote from: TheGreatPython on July 18, 2018, 04:27:00 AM

Quote from: Cult on July 08, 2018, 07:44:14 PM

I supposed if Telegram really launches its crypto, that will be a huge leap forward for the whole sphere as hundreds of millions of users will acquire a tool for extremely easy transfer of crypto inside a messenger and begin using it for everyday transactions.

In this modern world most of the countries are looking at the cryptocurrencies and especially towards the Bitcoin due to many reasons. Those countries where the Bitcoin is tax free and other crypto coins are also tax free their people are very happy and enjoying it. Investors consider it a golden opportunity to get success in this modern world and are appreciating crypto investment for making money.

But it is not that easy as we think it should be. There are lots of things to consider before legalizing it in ones country. For example is that most of the banks are not really into that idea, and second one is that it is good that the number of crypto users specially bitcoin will increase, but it is not that it is compulsory to each and everyone and make their own wallets and use crypto.

jrrsparkles

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Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: PonyBoy on July 16, 2018, 09:43:37 AM

Also I am communicating with my closest, and I'm not compelling them to join the cryptocurrencies, but I am trying to make them believe that bitcoin is not the bubble in crypto currencies is not the scam schemes. All that is trustworthy and legit.

Telling the actual thing is needed because many people convincing their friends like you can earn lot of money in short term so they will come to invest without knowing what is bitcoin and how the prices changing.So people will lose their money too by getting more greedy.

TheGreatPython

sr. member

Activity: 2618

Merit: 335

Quote from: Cult on July 08, 2018, 07:44:14 PM

I supposed if Telegram really launches its crypto, that will be a huge leap forward for the whole sphere as hundreds of millions of users will acquire a tool for extremely easy transfer of crypto inside a messenger and begin using it for everyday transactions.

In this modern world most of the countries are looking at the cryptocurrencies and especially towards the Bitcoin due to many reasons. Those countries where the Bitcoin is tax free and other crypto coins are also tax free their people are very happy and enjoying it. Investors consider it a golden opportunity to get success in this modern world and are appreciating crypto investment for making money.

PonyBoy

full member

Activity: 313

Merit: 100

Also I am communicating with my closest, and I'm not compelling them to join the cryptocurrencies, but I am trying to make them believe that bitcoin is not the bubble in crypto currencies is not the scam schemes. All that is trustworthy and legit.

Damn3d

full member

Activity: 359

Merit: 100

I always favoured by communicating with people around me and my real life and encouraging them to be involved in cryptocurrencies I am also contributing into overall progress and development of crypto.

Rakesh_alejandro

newbie

Activity: 126

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I think For customers it is hard to wait in the coffee shop until they get enough confirmation of the bitcoin process. So there are none but many problems in using this currency. Until the moment we do not see a big preparation for this we can not see any progress as a whole. So there is no provision for this purpose and that is why they may not just accept it easily.

scoin9

newbie

Activity: 75

Merit: 0

Cryptocurrency would certainly succeed in the world, because there are many use cases of cryptocurrency in solving real world problems, but before it can really succeed we need to make sure that exchanging cryptocurrency for Fiat is seamless and easy for everyone, Banks have to teamup with cryptocurrency exchanges to ensure that conversion of cryptocurrency to fiat would be seamless.

gandhe83

member

Activity: 266

Merit: 10

Quote from: Kurokyy on July 12, 2018, 04:16:27 PM

Quote from: Vindberg on May 03, 2018, 05:36:04 AM

Hi, I would love to hear your input on this.

As I see it, we need crypto wallets installed on every phone possible to ensure the readiness of everyday payment with crypto assets. Once customers are ready to pay, the stores will follow.

At least three things needs to happen:

1) Adoption of crypto wallets needs to increase (preferable with pre-funded assets)
2) Each wallet provider needs to agree on a standard protocol for payment (Maybe Payment Request API (W3))?
3) Store owners need a merchant app to receive payment with further integration into multiple accounting systems.

Have you seen anyone doing this?
Do we need a wallet alliance that can stipulate a standard?
What else needs to happen besides regulation?

Best crypto greetings,
Vindberg
https://validators.com

Cryptocurrency will always succeed in the world, it has been announced many time that bitcoins is dead but still it managed to grow even more as the time goes by so cryptocurrency does really have a bright future.

I think so. Electronic money will always be successful. I believe in the future it will help a lot for the community, now the community is gradually adapting. The latter goes on to stabilize. The electronic money is going to spread more. Bring good value to the community as well as this market.

Reeas432

newbie

Activity: 38

Merit: 0

yes, plainly to understand all matters related to the approach of transaction through using crypto it's far necessary for the improvement of a more convenient for customers of crypto. and of direction this wishes help from all events to build a higher approach of transaction via the use of crypto and this of course will take a long time. i hope that inside the destiny crypto could be a thing to do the transaction without difficulty that may be used by absolutely everyone.

Kurokyy

full member

Activity: 448

Merit: 100

LETS GO ADAB

Quote from: Vindberg on May 03, 2018, 05:36:04 AM

Hi, I would love to hear your input on this.

As I see it, we need crypto wallets installed on every phone possible to ensure the readiness of everyday payment with crypto assets. Once customers are ready to pay, the stores will follow.

At least three things needs to happen:

1) Adoption of crypto wallets needs to increase (preferable with pre-funded assets)
2) Each wallet provider needs to agree on a standard protocol for payment (Maybe Payment Request API (W3))?
3) Store owners need a merchant app to receive payment with further integration into multiple accounting systems.

Have you seen anyone doing this?
Do we need a wallet alliance that can stipulate a standard?
What else needs to happen besides regulation?

Best crypto greetings,
Vindberg
https://validators.com

Cryptocurrency will always succeed in the world, it has been announced many time that bitcoins is dead but still it managed to grow even more as the time goes by so cryptocurrency does really have a bright future.

tambok

sr. member

Activity: 812

Merit: 260

Quote from: saadat6868 on July 12, 2018, 01:48:51 PM

I'm thinking that even a word download and accept some new things from the cryptocurrency world, of course avoiding the malware and hacking programs, will help the developers to be more successful in their progress.

That is right, we can always make crypto succeed in the real world by simply supporting it that is why we need to encourage more people so that we can get and aim the price that we want, we need to make everything since the success of bitcoin will be the success of everyone.

saadat6868

member

Activity: 179

Merit: 10

I'm thinking that even a word download and accept some new things from the cryptocurrency world, of course avoiding the malware and hacking programs, will help the developers to be more successful in their progress.

Angela28

newbie

Activity: 168

Merit: 0

For bitcoin can exist as in the real world we should have more practical actions as we should cherish the values of bitcoin and it is important for us to come to bitcoin with the truth but the way we want it to succeed

mamesso

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Quote from: Digital_Lord on July 08, 2018, 09:47:14 AM

Quote from: dragoz11 on June 23, 2018, 12:48:05 PM

the factors you have provided are not the ones that would take too much time to implement into the crypto world besides we need to focus on more serious things to happen such as the volatility of price, manipulation and legalization.

You are right and it will take long time that all people come to know about cryptocurrency and invest in it. Till that time it is not possible that crypto would be successful in the real world. But I am sure in the future it will take over the market and all other currencies will disappear from the market. The whole world will use just one currency and that will be crypto.

Like a witch and you're predicting the future.
I do not find that fact and it may happen but now let's think realistically and every information should be accompanied by facts.
I think money will not disappear as long as the government exists and there is no reason to be replaced.

South Park

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I am terrible at Fantasy Football!!!

Quote from: yesiam6 on July 08, 2018, 10:21:23 PM

To make crypto to succeed in the "real world" it needs to be a lot less volatile ( which would suck out all the fun and moneymaking possibility out of it) imho.
Even big Services like Steam and Expedia stopped accepting Bitcoin payments because of this, so i don't think that smaller shop owners could economically accept crypto with this kind of risk, the ones that do seem accept it "only" because they're crypto enthusiasts.

I think that before bitcoin reaches real world acceptance we need to get bitcoin to be accepted online and to replace paypal as the most used for of payments online, and for what I can see we are very far away to get to that point, but that should be the first goal of bitcoin after all if bitcoin cannot take over the digital world in which it resides, how could it take over the real world?

jcarlo

member

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I think, government regulation is more important. Merchant wont accept crypto payment as long government not issuing regulation because they will break the law. In many country, cryptocurrency still prohibited if used for payment

realaccountakira

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Merit: 11

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Quote from: Vindberg on May 03, 2018, 05:36:04 AM

Hi, I would love to hear your input on this.

As I see it, we need crypto wallets installed on every phone possible to ensure the readiness of everyday payment with crypto assets. Once customers are ready to pay, the stores will follow.

At least three things needs to happen:

-snip-

While i believe that you are right on the money with #1 and #2, i believe #3 should be less of a priority compared to the ability of users to send and receive crypto assets without transaction costs. If users have the ability to stay liquid with their crypto funds in a way that does not cost them fees (that eventually add up), I believe that in itself will already be a big step from the traditional banking system.

Topic: Making crypto succeed in the real world? - page 3. (Read 1179 times)