Peoples outside crypto still doubting and afraid to using crypto, no other than because many scammers.
To create mass adoption, we need to gain people's trust first, so they can come to cryptocurrency.
If only scam projects were not exist, many peoples would not afraid to using crypto nowadays.
Topic: What's stopping crypto from mass adoption? (Read 740 times)
My opinion though:...
LACK OF TRUST.
MOST PEOPLE DON'T REALLY UNDERSTAND THE CONCEPT.
MOST PEOPLE ARE AFRAID OF LOSING THEIR MONEY.
MOST PEOPLE ARE WAITING FOR CRYPTO REGULATIONS TO TAKE PLACE.
LACK OF TRUST.
MOST PEOPLE DON'T REALLY UNDERSTAND THE CONCEPT.
MOST PEOPLE ARE AFRAID OF LOSING THEIR MONEY.
MOST PEOPLE ARE WAITING FOR CRYPTO REGULATIONS TO TAKE PLACE.
which postpones mass adoption is regulation. in almost every country, the adoption of crypto is always hindered by regulations. To encourage mass adoption of cryptocurrency, the role of government in each country is needed. without it all we can only see the mass adoption of a dream.
Government needs to stand for their position regarding to crypto currency, mass adoption will follow if regulations will be implemented inside countries jurisdictions. It's delaying everything since people around certain place are still in puzzle to what position the government have for this crypto currencies.If there's a positive treatment coming from the ruling government more people will embrace this system and adoption will be expected a lot.
which postpones mass adoption is regulation. in almost every country, the adoption of crypto is always hindered by regulations. To encourage mass adoption of cryptocurrency, the role of government in each country is needed. without it all we can only see the mass adoption of a dream.
Government needs to stand for their position regarding to crypto currency, mass adoption will follow if regulations will be implemented inside countries jurisdictions. It's delaying everything since people around certain place are still in puzzle to what position the government have for this crypto currencies.If there's a positive treatment coming from the ruling government more people will embrace this system and adoption will be expected a lot.
At the moment, due to many scams around crypto space, investors are loosing their confidence and thus affecting the market investments.
Hope tokentuber will help investors to gain or boost their confidence so that fund raising can be achieved as like it was in the past.
Hope tokentuber will help investors to gain or boost their confidence so that fund raising can be achieved as like it was in the past.
which postpones mass adoption is regulation. in almost every country, the adoption of crypto is always hindered by regulations. To encourage mass adoption of cryptocurrency, the role of government in each country is needed. without it all we can only see the mass adoption of a dream.
Government needs to stand for their position regarding to crypto currency, mass adoption will follow if regulations will be implemented inside countries jurisdictions. It's delaying everything since people around certain place are still in puzzle to what position the government have for this crypto currencies.If there's a positive treatment coming from the ruling government more people will embrace this system and adoption will be expected a lot.
which postpones mass adoption is regulation. in almost every country, the adoption of crypto is always hindered by regulations. To encourage mass adoption of cryptocurrency, the role of government in each country is needed. without it all we can only see the mass adoption of a dream.
There are people who also thinks this regulations can help push for adoption, that with regulations we can finally be able to spend out coins casually to local stores and in grocery stores to buy items we want. Unfortunately its not what is happening right now as regulation is at work. GRAM has been crackedown and BTC holders are subjected to tax. And BAKKT is a mess, seem not the direction we want to go.
which postpones mass adoption is regulation. in almost every country, the adoption of crypto is always hindered by regulations. To encourage mass adoption of cryptocurrency, the role of government in each country is needed. without it all we can only see the mass adoption of a dream.
Government needs to stand for their position regarding to crypto currency, mass adoption will follow if regulations will be implemented inside countries jurisdictions. It's delaying everything since people around certain place are still in puzzle to what position the government have for this crypto currencies.If there's a positive treatment coming from the ruling government more people will embrace this system and adoption will be expected a lot.
which postpones mass adoption is regulation. in almost every country, the adoption of crypto is always hindered by regulations. To encourage mass adoption of cryptocurrency, the role of government in each country is needed. without it all we can only see the mass adoption of a dream.
I think that non-adoption is due to several factors: bitcoin (since it is the king) has a reputation for being very irregular. Its value varies constantly and this can be scary. On the other hand, governments are slowing down the deployment of cryptos, lest one of these (libra?) does too much shade to the states currencies.Well, it's only my 2 cents
I don't think anything is stopping crypto from mass adoption and I doubt very much anything will. It just needs time like with everything out there.
I think crypto is user friends, it just needs to be implemented in a foolproof way so people do not make mistakes. I think it is one reason of few to have a central authority to take care of things like this and human error.
On the blockchain human error is permanent.
I think crypto is user friends, it just needs to be implemented in a foolproof way so people do not make mistakes. I think it is one reason of few to have a central authority to take care of things like this and human error.
On the blockchain human error is permanent.
Sorry, I am not going to listening to you, Token Tuber. You should write here about how you can remove the barriers between the crypto and mass adoption. If your offer can impress me, I can take your service! Therefore, you should know, Scams are not only the reason here, but it also seems SEC doesn't like the Anonymity, Decentralization nature of crypto!
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The main crypto issue that is affecting mass adoption is scammers, its very hard for new investors to invest in projects because its sure they will get scammed in the end, fear of getting scammed is in the air and its stopping crypto adoption
Scam projects and scammers are what made investors move away from crypto during its heyday back in 2017, 2018. The blockchain and crypto technology are now being picked up by major companies in the space and they do see the importance of incorporating it into their existing system but people and projects who are doing exit scams are what's tarnishing the future that we're all trying to build. One of the big ones last 2018 was Karatbars, their CEO admitted to the court that the tokens they gave out has no value/utility and got delisted on CMC and everywhere. They had successful funding and a huge amount of investors but they're all a goner due to the team scamming them.
The crypto space is not very noob friendly: bitcoin and blockchain are complex daunting topics; cryptocurrencies themselves are not very user-friendly; and the cryptocurrency space has gathered a bad reputation for being filled with scams. A small mistake sending coins from your wallet can cause you to lose your money and ruin your experience. So, while everyone has heard about blockchain and bitcoin, people are not only unsure how to get started, they are also faced with these high barriers to entry.
TokenTuber’s mission is to lower the barriers to entry to the cryptocurrency space so that mass adoption of cryptocurrencies can be achieved. On TokenTuber you can learn and educate yourself on everything you need within the crypto space. We will hold your hand and guide you on your journey in the crypto world. Not only that, you can also earn your first cryptocurrency and trade it with absolutely no cost.
We are looking for global partners (evangelists) to make this vision become reality! Feel free reach us via [email protected]
Link to our Website: https://www.tokentuber.com
*Whitepaper is available on our website!
The main crypto issue that is affecting mass adoption is scammers, its very hard for new investors to invest in projects because its sure they will get scammed in the end, fear of getting scammed is in the air and its stopping crypto adoption TokenTuber’s mission is to lower the barriers to entry to the cryptocurrency space so that mass adoption of cryptocurrencies can be achieved. On TokenTuber you can learn and educate yourself on everything you need within the crypto space. We will hold your hand and guide you on your journey in the crypto world. Not only that, you can also earn your first cryptocurrency and trade it with absolutely no cost.
We are looking for global partners (evangelists) to make this vision become reality! Feel free reach us via [email protected]
Link to our Website: https://www.tokentuber.com
*Whitepaper is available on our website!
I think the one and only reason for adoption going slower and slower these days, is the most important feature of cryptocurrency.
It's the design of the system itself and there is virtually nothing that can be done in order to fix it.
People have to realise that this feature, I'm talking about, is absolutely necessary, crucial and there is no escape from it. This is what makes the game worth playing, real game changer. One word; irreversibility.
Knowledge and education about regular financial systems is the key here. Moment majority recognises how they are being secretly robed of their work by inflation driven by fractional reserve, they will rethink dangers of irreversible transactions, rethink and accept the responsibility that always comes with true freedom. Bitcoin and crypto in general are not designed as nanny systems, those are for slaves and slaves alone, crypto is not.
It's the design of the system itself and there is virtually nothing that can be done in order to fix it.
People have to realise that this feature, I'm talking about, is absolutely necessary, crucial and there is no escape from it. This is what makes the game worth playing, real game changer. One word; irreversibility.
Knowledge and education about regular financial systems is the key here. Moment majority recognises how they are being secretly robed of their work by inflation driven by fractional reserve, they will rethink dangers of irreversible transactions, rethink and accept the responsibility that always comes with true freedom. Bitcoin and crypto in general are not designed as nanny systems, those are for slaves and slaves alone, crypto is not.
The main problem that hinders the adoption of crypto into society is the government. Because it is their policy that determines whether or not crypto can be used in their country. But it seems the community has begun to open up to the development of the times especially in the crypto world. Just give them profits so they will gradually accept the crypto itself because the reason can generate additional money.
Government authority has no proper information towards cryptocurrency that's why they can't decide how to implement this type of currency on our daily life. Our community is now well feed with crypto adoption mindset, as it has provided them with a lot of opportunities. Some bad news create speculative thoughts, and panic usually happens in an unexpected time that's why mass adoption was too hard to obtain for now.
In my own opinion, mass adoption is already started. Many people are now begin to get interested with crypto and blockchain the only thing that blocking full adoption is the Government. Yes this is quite a threat to alot of sector even banks, financial institution and the authority. If mass adoption happened globally this bank will tremble in nervous afraid that the people might choose this as an option and stay away from them. That's why SEC is very hot right now, crypto is like an epidemic globally spreading fast.
The crypto space is not very noob friendly: bitcoin and blockchain are complex daunting topics; cryptocurrencies themselves are not very user-friendly; and the cryptocurrency space has gathered a bad reputation for being filled with scams. A small mistake sending coins from your wallet can cause you to lose your money and ruin your experience. So, while everyone has heard about blockchain and bitcoin, people are not only unsure how to get started, they are also faced with these high barriers to entry.
TokenTuber’s mission is to lower the barriers to entry to the cryptocurrency space so that mass adoption of cryptocurrencies can be achieved. On TokenTuber you can learn and educate yourself on everything you need within the crypto space. We will hold your hand and guide you on your journey in the crypto world. Not only that, you can also earn your first cryptocurrency and trade it with absolutely no cost.
We are looking for global partners (evangelists) to make this vision become reality! Feel free reach us via [email protected]
Link to our Website: https://www.tokentuber.com
*Whitepaper is available on our website!
TokenTuber’s mission is to lower the barriers to entry to the cryptocurrency space so that mass adoption of cryptocurrencies can be achieved. On TokenTuber you can learn and educate yourself on everything you need within the crypto space. We will hold your hand and guide you on your journey in the crypto world. Not only that, you can also earn your first cryptocurrency and trade it with absolutely no cost.
We are looking for global partners (evangelists) to make this vision become reality! Feel free reach us via [email protected]
Link to our Website: https://www.tokentuber.com
*Whitepaper is available on our website!
Are you looking for additional team members around the globe for marketing purposes as partners? Or you are simply looking for someone who can fund your incoming project as your partner?
The idea is great knowing that not all were able to fully understand how the crypto currencies work and many newbies lost their fund by simply sending their funds to incorrect wallet. I will be looking forward to the launch of your project and I hope that it can really help the inexperience that wants to trade or invest in crypto currencies.
There are no such as things as noob friendly. Every veteran, expert, and wizard have to start somewhere. There is no one who starts from 5, everyone starts from zero. Blockchain and crypto are a bit complicated but, just like everything else, it could be learned.
The stopping factor of crypto mass adoption is not its being complicated actually. It is the volatile price, the transaction fee which remains a bit high until today, the confirmation time, the lack of internet in some areas, the lack of legal support or regulation from the authorities, and so on.
The stopping factor of crypto mass adoption is not its being complicated actually. It is the volatile price, the transaction fee which remains a bit high until today, the confirmation time, the lack of internet in some areas, the lack of legal support or regulation from the authorities, and so on.
That is because we start from the scratch that makes cryptocurrency less friendly for the noobs, it is like you are being told to speak fluently while you never learn about it at all.
cryptocurrency is complicated because of its complexity in using various resources to connect and store it,
not only we need an internet connection, we also need to have a basic understanding of computer technology to use it. Not all of us in this world have learned it all.
The main problem that hinders the adoption of crypto into society is the government. Because it is their policy that determines whether or not crypto can be used in their country. But it seems the community has begun to open up to the development of the times especially in the crypto world. Just give them profits so they will gradually accept the crypto itself because the reason can generate additional money.
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