The path to mass adoption of crypto | Bitcointalksearch.org

Kena Banned

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Quote from: Twinkledoe on September 15, 2021, 07:49:58 PM

Quote from: Kena Banned on September 15, 2021, 07:44:27 PM

EOS have a plan to do it, its already have some adoption in Venezuela as payment processor and also provide micro loan for some bussiness there.
Also, its now deploying its Governance system (EdenOS) and they already have election of its president

I don't know if EOS will go mainstream anytime soon. Other top alts like ETH or XRP are more popular when it comes to payment method

Its comes to mainstream on Venezuela, its not mainstream to the world since its a quite complicated to create wallet. Nowadays its not really hard, u can have scatter on desktop or Wombat on smartphone that would make u a wallet on a click. With wombat apps, tbh its a great apps with function to surf on dApps and smooth payment with possibilites to scan qr.

KingsDen

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If you talk about mass adoption, crypto world is not lagging behind. The age of a given technology determines its rate of adoption. Talking about the traditional way we know. It has stayed for decades and every country operates in a way that soothes her and the government. The blockchain is pretty new technology and it's not on country bases, therefore it will require more years to massively scale through. The current rate of adoption is ok compared to the age of the technology.

As for the cryptocurrency with the high chances of being mass adopted, it is undeniably Bitcoin.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: rozak on September 16, 2021, 12:23:35 PM

the adoption of blockchain technology on some real projects that have been running for a long time with traditional systems will be a little difficult.

But most institutional services have started this. You might not be aware but some banks have already started developing blockchain tech for their services and they are running as well.

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it is because of the habits of the general public.

The public opinion and government opinion about blockchain is positive but the government opinion on bitcoin is sometimes negative. Though this will change in future.

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as well as the selection of blockchain for each different project.

The base tech remains same. And I dont think we want the crypto projects to run their blockchains into mainstream services. After all major altcoins are all failures for the start and they have zero proper use cases.

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not all of them can be implemented in the development of blockchain technology. we have to confirm the regulation first. because now most of the problems of every country lie in the definite regulations for crypto and blockchain.

Definitely looking forward to regulation - because once that has happened mainstream adoption will take a big step forward.

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Quote from: joaoenmanuel on September 07, 2021, 08:39:13 AM

The biggest challenge for any crypto project is mass adoption and for various reasons many people still prefer the traditional method over blockchain technology. So, which crypto project do you know that has a real plan to expand globally and increase the mass adoption of your project and crypto in general?

The most reason why a lot of people still prefers traditional method over crypto is that, traditional methods have the full backup of the government and crypto on the other hand is yet to have half of the backup or government backings that traditional methods has.
However, owing to the speed at which this space is growing, a lot of crypto are already working on incorporating with merchants and business owners in order to make it possible for crypto to be used as a means of payment, this is also a form of mass adoption.
Also, another reason is, to use cryptocurrencies, the person needs to have some sort of knowledge about what he is getting involved with, else they will end up with the wrong notion and idea of cryptocurrencies as a whole.
Lastly, I can't say a particular crypto is working towards that, because a lot are already on that path, even Bitcoin is used as a payment method, so in all ramifications, as the crypto space grows, as more people gets the requesite knowledge of crypto, then we can start taking about full mass adoption.

Anonymous100

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Quote from: joaoenmanuel on September 07, 2021, 08:39:13 AM

The biggest challenge for any crypto project is mass adoption and for various reasons many people still prefer the traditional method over blockchain technology. So, which crypto project do you know that has a real plan to expand globally and increase the mass adoption of your project and crypto in general?

Bitcoin and Ethereum are in talks for mass adoption. Most companies already accept payments with Bitcoin. Even the Tesla company accepts payments with Bitcoin. While Ethereum will be in the discourse to make payments globally at enterprises. If you read in the media, there are companies that pay employees salaries with Bitcoin. But I can not confirm the truth of the news. I'm just suggesting that, whatever the conditions then Bitcoin will be the solution. If you want to invest in crypto, leave some of your money to invest in Bitcoin. There is no bull run without Bitcoin.

lizarder

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Quote from: MaiQwaN on September 16, 2021, 03:45:46 PM

The first thing that comes to my mind is Ethereum, smart contracts, etc. However, in my opinion, the mass adoption of any cryptocurrency can happen only as a result of government support from the leading countries of the world.

Everyone will turn their attention to ethereum, if the adoption occurs in the crypto world, then it is very likely that the development of cryptocurrencies will increase and be good in the future, what's more, the government's support is getting bigger for the future crypto journey, but what is feared is that support as a a form of slow weakening that they do to limit crypto from growing, if this happens then ethereum will experience big problems in the future.

MaiQwaN

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The first thing that comes to my mind is Ethereum, smart contracts, etc. However, in my opinion, the mass adoption of any cryptocurrency can happen only as a result of government support from the leading countries of the world.

isaac_clarke22

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Quote from: Distinctin on September 15, 2021, 04:28:11 PM

Quote from: isaac_clarke22 on September 15, 2021, 04:05:56 PM

Quote from: joaoenmanuel on September 07, 2021, 08:39:13 AM

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It is slow. We can't expect that government will "fasten the adoption". Surely it will get the attention of their citizen, but they aren't the one that will surely enhance the rate of adoption.

Here in my country, I don't hear a lot of news for adoption pertaining cryptos even Bitcoin but on the good side we got ATMs in the metropolitan area.

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Quote from: Benefactor on September 16, 2021, 12:13:24 PM

This task has genuine plans and is in progress. without shrewd agreements organizations or designers will see it hard to coordinate their foundation with crypto. I'm not contemplating the present circumstance yet may be conceivable numerous financial backers are leaving out this venture and search for something that they could create more benefit.

what can benefit a lot from hard work and patience. this is easy to say difficult to understand and do, depends on you

lizarder

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Quote from: joaoenmanuel on September 07, 2021, 08:39:13 AM

The biggest challenge for any crypto project is mass adoption and for various reasons many people still prefer the traditional method over blockchain technology. So, which crypto project do you know that has a real plan to expand globally and increase the mass adoption of your project and crypto in general?

Many people have different views in seeing the long-term prospects in the crypto world, we can prove this with the current development of crypto which is advancing so rapidly, I believe bitcoin is a good future project, despite the many challenges we face from this investment. If we look at the opportunities for bitcoin in the future, we can actually see from the development process of bitcoin in the past and present, they have gone through many things, both hard times and rapid price declines.

rozak

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the adoption of blockchain technology on some real projects that have been running for a long time with traditional systems will be a little difficult.
it is because of the habits of the general public. as well as the selection of blockchain for each different project.
not all of them can be implemented in the development of blockchain technology. we have to confirm the regulation first. because now most of the problems of every country lie in the definite regulations for crypto and blockchain.

Benefactor

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This task has genuine plans and is in progress. without shrewd agreements organizations or designers will see it hard to coordinate their foundation with crypto. I'm not contemplating the present circumstance yet may be conceivable numerous financial backers are leaving out this venture and search for something that they could create more benefit.

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Quote from: Ararbermas on September 16, 2021, 10:53:41 AM

Quote from: joaoenmanuel on September 07, 2021, 08:39:13 AM

The biggest challenge for any crypto project is mass adoption and for various reasons many people still prefer the traditional method over blockchain technology. So, which crypto project do you know that has a real plan to expand globally and increase the mass adoption of your project and crypto in general?

crypto project is keep increasing in the market mate wherein it's too hard to tell which project can really guarantee a good future because its very unpredictable aside of those already had proof how good they are in the space since the very first start such "bitcoin-ethereum and top 10 crypto in the market".

So if we will talk about new projects it's to difficult to be honest because every year there are some good projects as well that emerging to compete other projects in the market , so we cannot tell which will last and can guarantee a good future when it comes new crypto project, i mean it depends on the situation..

New available coin keeps coming and desire to be usable and be adopted, the question though if community and wide audience will accept it.

But if we look in a much better perceptions, we already have top coins above which more commonly being used by many crypto users, no need to

argue that in the long run, there are more and more adoptions coming from different venues. It takes time but no longer that challenging as it is

way back 10 years ago.

Ararbermas

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Quote from: joaoenmanuel on September 07, 2021, 08:39:13 AM

The biggest challenge for any crypto project is mass adoption and for various reasons many people still prefer the traditional method over blockchain technology. So, which crypto project do you know that has a real plan to expand globally and increase the mass adoption of your project and crypto in general?

crypto project is keep increasing in the market mate wherein it's too hard to tell which project can really guarantee a good future because its very unpredictable aside of those already had proof how good they are in the space since the very first start such "bitcoin-ethereum and top 10 crypto in the market".

So if we will talk about new projects it's to difficult to be honest because every year there are some good projects as well that emerging to compete other projects in the market , so we cannot tell which will last and can guarantee a good future when it comes new crypto project, i mean it depends on the situation..

gurunanakji777

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If you notice the adoption of the crypto increasing year by year So I am positive no of users will keep increasing. If you are aware of Bitcoin, Ethereum and BNB you must know these three are well-known coins in the crypto market and widely use by crypto traders. Adoption is going on it will take time as it is very different from the traditional banking system.

tiffcrz

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Quote from: joaoenmanuel on September 07, 2021, 08:39:13 AM

The biggest challenge for any crypto project is mass adoption and for various reasons many people still prefer the traditional method over blockchain technology. So, which crypto project do you know that has a real plan to expand globally and increase the mass adoption of your project and crypto in general?

I would love to recommend XSN, the native coin of Stakenet. A well-established project backed by a solid team and white paper. Grab this opportunity now to fill up your bags with XSN while its price is still super cheap. With the current exciting developments that are happening now, the rate of mooning for this coin is pretty much high. Check it out!

darahjuang

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Quote from: iv4n on September 15, 2021, 07:05:56 AM

Quote from: darahjuang on September 15, 2021, 06:09:52 AM

I think Ethereum. Ethereum in my opinion has succeeded in developing blockchain technology and many coins or tokens have adopted the greatness of Ethereum blockchain technology which at this time they have also been successful and those who initially adopted Ethereum smart contracts are now preparing their own smart contracts.

Why not BNB, for example? And not just BNB, I believe there are other good ones that have huge potential!
Learn about Bitcoin, learn from Bitcoin... how everything started! I believe in the beginning every new person was important, now Bitcoin is being adopted by big companies. It's the path of all crypto projects, little by little, place by place, until crypto conquers the entire world!
So which coin will get there first is like gambling, Bitcoin has the highest chances probably, but there are others with high chances too! I guess each of us has some picks, but only time will tell who was right! So don't gamble, diversify and have more than one coin in your portfolio!

I also think like that so I no longer mention Bitcoin as an example because Bitcoin is already used in a larger space so I use Ethereum as an example because currently Ethereum is one of the coins that has been able to develop blockchain technology (smart contracts) in cryptocurrencies many adopted by other Altcoins.
If I'm not mistaken, BNB has also used the Ethereum blockchain.

ipanks

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Quote from: joaoenmanuel on September 07, 2021, 08:39:13 AM

The biggest challenge for any crypto project is mass adoption and for various reasons many people still prefer the traditional method over blockchain technology. So, which crypto project do you know that has a real plan to expand globally and increase the mass adoption of your project and crypto in general?

Bitcoin can get mass adoption from people because people know bitcoin first and then the altcoin or the other project. Bitcoin will expand globally among the other projects because bitcoin leads the crypto market so people will see bitcoin as the opportunity to make money. They will see that crypto is not just about bitcoin and then if they dig deeper inside the crypto, they will find that the altcoin and the other project can allow them to make money.

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Quote from: seramania on September 15, 2021, 06:34:34 PM

Quote from: joaoenmanuel on September 07, 2021, 08:39:13 AM

The biggest challenge for any crypto project is mass adoption and for various reasons many people still prefer the traditional method over blockchain technology. So, which crypto project do you know that has a real plan to expand globally and increase the mass adoption of your project and crypto in general?

Bitcoin has clearly become the most mainstream at this time. however, besides bitcoin there is still a potential altcoin ready for mass adoption. namely ethereum and binance. for ethereum is still constrained by high gas costs. maybe ethereum can lower gas costs so it can be like binance so that during mass adoption it will be able to attract the public

As it sits right now, bitcoin is still the leading crypto when you talk about mass adoption. Other alts may follow but bitcoin is the first to recognize by many even noncrypto users. When you talk about other alts, they feel confused.

Quote from: Kena Banned on September 15, 2021, 07:44:27 PM

Quote from: joaoenmanuel on September 07, 2021, 08:39:13 AM

The biggest challenge for any crypto project is mass adoption and for various reasons many people still prefer the traditional method over blockchain technology. So, which crypto project do you know that has a real plan to expand globally and increase the mass adoption of your project and crypto in general?

EOS have a plan to do it, its already have some adoption in Venezuela as payment processor and also provide micro loan for some bussiness there.
Also, its now deploying its Governance system (EdenOS) and they already have election of its president

I don't know if EOS will go mainstream anytime soon. Other top alts like ETH or XRP are more popular when it comes to payment method

Kena Banned

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Quote from: joaoenmanuel on September 07, 2021, 08:39:13 AM

The biggest challenge for any crypto project is mass adoption and for various reasons many people still prefer the traditional method over blockchain technology. So, which crypto project do you know that has a real plan to expand globally and increase the mass adoption of your project and crypto in general?

EOS have a plan to do it, its already have some adoption in Venezuela as payment processor and also provide micro loan for some bussiness there.
Also, its now deploying its Governance system (EdenOS) and they already have election of its president

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