Topic: What does the cryptocurrency industry need? - page 3. (Read 1837 times)
I guess all it needs is just time. More and more people will learn about it and hopefully understand it. Bitcoin is not very easy to understand. I tried to explain to my parents what a private and public key and that they secure everything What Bitcoin and cryptocurrency needs is honest people and devs that have as their top interest the development and steady growth of the technology.
Education. If more people learn about how to buy and use safely and securely, and are somehow convinced to buy then them changing their FIAT into bitcoins has massive positive effects.
Acceptance is what is needed for bitcoin to truly grow and be able to become mainstream. This can only be caused if the world gets exposed even more to bitcoin, over the news or via the mouth.
After people know what bitcoin is, the next step would be to get the government involved, laws to be put in place and then merchants will begin accepting bitcoin as a payment option.
After people know what bitcoin is, the next step would be to get the government involved, laws to be put in place and then merchants will begin accepting bitcoin as a payment option.
I think We need more and more people in the cryptocurrency industry. There is less than 5% people in the who know about the bitcoin. Involvement of new peoples will be a great boost for the industry. And the next thing we need is --less rumours , and less scamers to build the trust .
I agree all we need is people who use cryptocurrency to make it grow, and of course all the scamers are need to gone
, some of the scammers are the reason why some people don't believe in bitcoin, in my country everytime i share about cryptocurrency or about bitcoin some people do not believe in me, maybe because they are one of the victim of the scammer . 
As well as you I'm new in this world of BTC and it is interesting to consider those questions if I desire to enter into this ecosystem, I know that is a currency of momentaneous profits, I really do not think it will last long but if I want to get the most out of it. 
I think you also need to learn the basics of economics. You can start with inflation and fungibility.Bitcoin is already one of the safest things in the world to use as a means of storing value.
I think crypto currency first need the support of the government because if they will adopt bitcoin and itroduce it to all people surely bitcoin will continue to grow, All innovations will go to nothing if the acceptability of bitcoin is still limited in other countries, then if time comes that it is now accepted the issue of volatity must be settled because if the demand will increase supply must follow.
As well as you I'm new in this world of BTC and it is interesting to consider those questions if I desire to enter into this ecosystem, I know that is a currency of momentaneous profits, I really do not think it will last long but if I want to get the most out of it.
I wish there were more Bitcoin ATMs. It's part of the infrastructure that Bitcoin needs to grow even more and reach the masses.
Right now the industry needs decentralized exchanges, so that people in countries like China would have no problems when trying to trade.
Decentralized peer to peer exchanges is the answer indeed. Bisq is a the best one out there IMO. They have been around for years and have a geat dev team and great community.
Right now the industry needs decentralized exchanges, so that people in countries like China would have no problems when trying to trade.
What the cryptocurrency industry really needs are more Bitcoin ATMs.
bitcoin atm is not that much impact what does it needs are adoptions from big business and investors as long as the trend keeps like this just a hyped and newsthat will influenced its movement bitcoin wont go anywhere to what we wanted to it in the future.
What the cryptocurrency industry really needs are more Bitcoin ATMs.
I think We need more and more people in the cryptocurrency industry. There is less than 5% people in the who know about the bitcoin. Involvement of new peoples will be a great boost for the industry. And the next thing we need is --less rumours , and less scamers to build the trust .
User base is indeed growing but still we are a small community. Still cryptos had to target a huge market. Cryptos are disrupting a huge market and it will take time to reach the targeted audience. What I feel is that there is lack of advertising effort. We as a community should work in that direction. We as hodler should increase awareness about cryptos in our locality.
I guess all it needs is just time. More and more people will learn about it and hopefully understand it. Bitcoin is not very easy to understand.
I tried to explain to my parents what a private and public key and that they secure everything. That is not that easy as it seems
But Bitcoin and Co. offer many nice benefits and I hope more and more ideas are going to evolve around it to make a lot of things easier for people
Teach the people and let them understand. Show them the benefits and this might already help
No doubt that all cryptocurrency industry will need time because in all forms of business and system it would need time and effort for it to be successful and have an development in terms of its system transaction, value and security that could make a hit in the market. Hence , a lot people need to know the real system of bitcoin in order for people to support it as a whole. I tried to explain to my parents what a private and public key and that they secure everything. That is not that easy as it seems
But Bitcoin and Co. offer many nice benefits and I hope more and more ideas are going to evolve around it to make a lot of things easier for people
Teach the people and let them understand. Show them the benefits and this might already help
It needs regulation. It needs standards. It needs adoption and access!
Now there are many sites on which it is possible to order goods and services paying for them with bitcoins, it is very convenient, I use websites for ordering eco products, and so when buying railway tickets. In the future we plan to invest in real estate in ReCoin, this new currency that allows you to do this and it has already been approved by US law, waiting for the start of autumn. To improve the crypto industry requires only time and confidence from all users / investors.
I love when people don't understand what is bitcoin and advice me to stop using it because it is a be stuff. I thing he is going to say that I am a member of illuminati or something :p . god these people are hilarious they don't even read YouTube descriptions and asks for help blindly without even checking for answers themselves. although bitcoin has some number of disadvantages but e most important issue is the higher fees right now.
I know what you mean, however we live in a time where its very difficult for people to make decisions by themselves. As we know we are still at the early adoption stage of bitcoin and some people just need to be educated about the subject, to act as a selling point to a degree. Just giving them the main benefits of bitcoin will increase the likelihood of a successful introduction IMO.
I love when people don't understand what is bitcoin and advice me to stop using it because it is a be stuff. I thing he is going to say that I am a member of illuminati or something :p . god these people are hilarious they don't even read YouTube descriptions and asks for help blindly without even checking for answers themselves. although bitcoin has some number of disadvantages but e most important issue is the higher fees right now.
At first it's need time, at second, it needs fork or upgrade so the network will become bigger so it can handle more volume of transaction.
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