What do you believe is needed for Cryptocurrency to be mass adopted?

Encelad

full member

Activity: 294

Merit: 106

Quote from: quantumcat on March 09, 2018, 09:56:40 AM

We at Quantum1Net believes what needed is higher amount of data transaction and speed, lower power consumption and stronger security.
https://github.com/quantum1net/Documents
Other than that, what do you think?

From the way you lead a bounty company, I have an impression of you. I believe that any grandiose project should be grandiose in everything!

Evidence:

https://bitcointalksearch.org/topic/bounty-quantum1net-a-quantum-safe-data-transmission-platform-540000-2715047
https://docs.google.com/spreadsheets/d/1ZtdsNmKDvpx3PJsyu2uUC0CqJ1kEnzvofO2ke0pR12E/edit#gid=1323004181

Nagricoin

jr. member

Activity: 294

Merit: 2

I think most of people already adopt cryptocurrency.
Some of them, who still against it, I think they also against IPO, bank credit and other.
Also they could believe in flat Earth)

vizsafe

member

Activity: 61

Merit: 50

Quote from: Bytem3 on March 10, 2018, 04:10:49 AM

Ease of use

Ease of use is the golden rule. Typically new technology is adopted as a standard in society if it makes something easier, or enables new functionality. In the case of payment processing, Blockchain does both. Paying with Crypto could potentially be easier for the tech illiterate, but it would have to be easier than swiping a credit card. It can enable P2P payments, but it would have to be more flexible than Venmo. Stability is the third underlying factor that will bring it to ubiquity.

commanderbitcoin

member

Activity: 238

Merit: 10

Quote from: quantumcat on March 09, 2018, 09:56:40 AM

We at Quantum1Net believes what needed is higher amount of data transaction and speed, lower power consumption and stronger security.
https://github.com/quantum1net/Documents
Other than that, what do you think?

Today what you need is a tie up with a well known company or business to be recognize in a short span of time like NEO and other altcoin that pop up last year. Good marketing strategy also helps a lot in mass adoption.

Wildskull

newbie

Activity: 238

Merit: 0

I think cryptocurrency to mass use only younger generation which is able to accept. People, to whom in 40 years as I didn't try to explain to them that to what didn't understand me or didn't even want to understand. Cryptocurrency for the senior generation it something beyond their understanding.

randomduck

newbie

Activity: 47

Merit: 0

Quote from: quantumcat on March 10, 2018, 04:09:23 AM

Quote from: randomduck on March 09, 2018, 01:51:37 PM

It needs to be accepted by common businesses or shops before it will be mass adopted. There are a few places that accept cryptocurrencies almost definitely Bitcoin), but as soon as larger companies begin to accept it, it will get attention from the public, and that's when it will go big.

What is needed is some unified means of payment with crypto in that case.

Yeah very true, I lot of it is kind of a mystery I guess

sourish

full member

Activity: 532

Merit: 114

Market Stability
Clearer vision and viability
Government adoption
Education

tokneneng

newbie

Activity: 9

Merit: 0

Acceptance by the super powerful countries,would be a good reason why most of the countries will massively adopt the blockchain technology and no one can stop that massive adoption of the common people in the future,hopefully few decades from now most of the countries will use cryptocurrencies instead of these fiat currencies.

lopez cryptomania

jr. member

Activity: 112

Merit: 1

If crypto isn't mass adopted then it won't serve its function which is to be a decentralization of many different systems, form currency to social media. Here is a great example of a project making crypto more mainstream.

https://bitcointalksearch.org/topic/ann-meet-the-people-making-crypto-mainstream-3085831

michael shikany

member

Activity: 196

Merit: 10

The Experience Layer of the Decentralized Internet

Yes, I agree with you that faster transfer speed and greater throughput are clearly the problems that almost all blockchain projects now want to solve.
Because if these problems are solved, then blockchain technology can be applied on a large scale.

cryptohunter

legendary

Activity: 2100

Merit: 1167

MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG

price stability for mass use as payment option

bitbay is working on that.

Bytem3

full member

Activity: 602

Merit: 107

Ease of use

quantumcat

member

Activity: 140

Merit: 12

Quote from: randomduck on March 09, 2018, 01:51:37 PM

It needs to be accepted by common businesses or shops before it will be mass adopted. There are a few places that accept cryptocurrencies almost definitely Bitcoin), but as soon as larger companies begin to accept it, it will get attention from the public, and that's when it will go big.

What is needed is some unified means of payment with crypto in that case.

randomduck

newbie

Activity: 47

Merit: 0

It needs to be accepted by common businesses or shops before it will be mass adopted. There are a few places that accept cryptocurrencies almost definitely Bitcoin), but as soon as larger companies begin to accept it, it will get attention from the public, and that's when it will go big.

quantumcat

member

Activity: 140

Merit: 12

Quote from: xiaohang07 on March 09, 2018, 01:37:39 PM

Quote from: quantumcat on March 09, 2018, 09:56:40 AM

We at Quantum1Net believes what needed is higher amount of data transaction and speed, lower power consumption and stronger security.
https://github.com/quantum1net/Documents
Other than that, what do you think?

Nothing actually. If one blockchain can get high throughput, low energy consumption and high security (high level of decentralization) at the same time, it will be mass adopted for sure. In my opinion, it is just very hard to achieve that.

Well there must be something to be done, no?

xiaohang07

sr. member

Activity: 392

Merit: 253

Open and Transparent Science Powered By Blockchain

Quote from: quantumcat on March 09, 2018, 09:56:40 AM

We at Quantum1Net believes what needed is higher amount of data transaction and speed, lower power consumption and stronger security.
https://github.com/quantum1net/Documents
Other than that, what do you think?

Nothing actually. If one blockchain can get high throughput, low energy consumption and high security (high level of decentralization) at the same time, it will be mass adopted for sure. In my opinion, it is just very hard to achieve that.

aces777

sr. member

Activity: 686

Merit: 250

Seriously whats up with this quantum bullshit. Constantly spamming this forum with your posts. Sometimes its secure wallets, sometimes it about mass adoption. Just be done with it already as its getting annoying now.

quantumcat

member

Activity: 140

Merit: 12

Quote from: kevoh on March 09, 2018, 10:04:57 AM

Quote from: quantumcat on March 09, 2018, 09:56:40 AM

We at Quantum1Net believes what needed is higher amount of data transaction and speed, lower power consumption and stronger security.

In addition to the above :

1. Easy to use even for those that are not literate enough to manipulate computers/smartphones

2. Zero or lower cost of transaction fee.

3. Stable price that is not easily affected and/or manipulated by a group of individuals.

I think some form of gas is fine, paying a minuscule amount, split equally between the miners and banks should be ok. With large transaction volumes, the sender won't notice but the volume will add to make it worthwhile for miners and profitable for banks.

kevoh

full member

Activity: 448

Merit: 110

Quote from: quantumcat on March 09, 2018, 09:56:40 AM

We at Quantum1Net believes what needed is higher amount of data transaction and speed, lower power consumption and stronger security.

In addition to the above :

1. Easy to use even for those that are not literate enough to manipulate computers/smartphones

2. Zero or lower cost of transaction fee.

3. Stable price that is not easily affected and/or manipulated by a group of individuals.

quantumcat

member

Activity: 140

Merit: 12

We at Quantum1Net believes what needed is higher amount of data transaction and speed, lower power consumption and stronger security.
https://github.com/quantum1net/Documents
Other than that, what do you think?

Topic: What do you believe is needed for Cryptocurrency to be mass adopted? (Read 146 times)