Topic: What's stopping crypto from mass adoption? - page 4. (Read 741 times)

cryptocurrencies is such an element where it is very difficult to predict the ending.
It seems to me that cryptocurrencies should take their place in the economic component of the world.
I am sure that cryptocurrencies are the future that millions will follow.

Government doesn't let cryptocurrencies for transactions because it will replace fiat money and it is very diffficult to replace it because it will take a lot longer and more money to establish and make it global. Another reason why government doesn't let cryptocurrencies because of it's riskiness cause by the volatility of its price and it will soon cause problems to those users.

The reality is like only a few portion of the population of the world know cryptocurrency. As a result, they do not know how to open wallet, buy and trade coins and what is the importance of cryptocurrency. Given these facts, cryptocurrency has a long way to go before being adopted fully. It takes time for cryptocurrency to be adopted fully.

The truth be told. There are so many people coming up with scam project just to make money and just disappear with money. This really tarnish the image of the crypto world. In reality bad thing spread faster than the the good news and this will scare people away and mass adoption is far from archiving.

can we trust this platform ...?
because most for now many platforms that provide a promotion that is so interesting and seem to be able to help all the problems in the crypto world. but apparently they only want personal information from visitors to be sold by them. or sometimes they look for target visitors so that these targets can be met which will then bring benefits to the platform development team.

Without approval from the government we will be in danger to use cryptos so mass adoption might not happen if people waiting to for the approval from governments but USA regulated it as an asset so when people pay taxes to it there is no danger in working but many places yet to come to accept it as payment mode.

Thanks a lot , we are very glad to see there are like minded people like us, would you be interested to became one of our global partner and help us achieve our goal by your contributions? We will make sure your contributions are well rewarded!

That is good. When people became educated about crpyto they will easily learn and adopt about crypto world. Because the number reason of very slow mass adoption of crypto is lack of knowledge so they will easily believe about negative feedbacks and news about crypto. If they have enough knowledge nothing will stop their desire to invest and use crypto.

Yes we have some similarities with YouTube like we both feature videos, but we are not really here to compete with YouTube, more we behave as an extension to YouTube. let me explain

First of all we only feature crypto exclusive content and we are a curated video platform which means every video content here goes through some sort of filtration. 

By doing this we simplify and shorten the life a of a beginner who is trying to learn from YouTube. You can imagine hustle of finding the right sources among millions of content.

Also we classify quality videos under course titles and but them in a order, so you can learn everything in that topic in order without jumping from one end to another.

To add even more value on top of a video platform soon we will be implementing quizs where users can test their knowledge at the end of course completion. And not leave it there but we give you rewards to encourage you to learn more, ohh did you complete quiz with a 9/10 score here is your x token as a reward or another example would be, you upvoted a video and help us find those quality videos here X Token for your contribution.

Do you still think it is another YouTube?

You give us a great idea by mentioning "Stable Coins". Because you are right many beginners are complaining about volatility issue and stable coins are there to tackle this very problem, we should definitely focus on this topic more and find reliable sources and include these on our platform to educate new comers about volatility issue.  thanks

Thank you for your great insights, We felt like we need to comment on the shilling part, we have a goal which we detailed in the OP, and we know that we alone can't achieve this goal alone, this can only be achieved with a great community backing you up, and for this very reason we are looking for contributors and we wanted to mention it on our post. Because one we have you guys on board we believe we can achieve our goal which is everyone is goal in this community.

We do agree with you on, it is possible to make a start from scratch without an aid from outside now and even back then, but real question here is, how time consuming and how difficult is the process? If you want something to get mass adopted you need to make it user friendly less time consuming, you can see this case in many different industries and with many different technologies. So our aim is to not create something that is not existing we would like reshape and make it more user friendly and faster process.

How do we want to achieve this? First of all lets look at main issues making this learning process longer and difficult.

a) There are too many sources available, which thread should I check in bitcoin talk forum to find what i need?

b) Reliability of the source, was this guide written with the intention of teaching something or just to promote project X.

c) Way we deliver the information, what are we using to deliver to information is it a 2 hours long article?

d) Lack of incentives to encourage learning.

We looked at each of these problems then we said we have to create platform where information must be filtered (Problem a) from the sources which we can trust (problem b) and it needs to be in a form where people quickly can grasp the information  (problem c) and we have to put great rewards to encourage learning (Problem d) and at the end we came up with TokenTuber. A curated video platform exclusively featuring crypto related video content with a built in token economy. Curated part helps us to filter videos and after finding the quality videos we add these videos in to our course titles such as "Beginner" " Bitcoin" etc. each course title comes with videos in a special order so you don't jump from one topic to another, later we evaluate each video and make sure video that goes under these course titles are from reliable sources and lastly we reward contribution and learning by rewarding users with our tokens for their actions.

First of all thank you for sharing your opinion with us here, we are aware that there are many guides and some of these guides are right on exchange websites. These guides can provide information on performing basic actions which are still a good thing and we support that but their ultimate goal is to pull you on their exchange so they can make some extra income from you too. Again we are not saying what they do is bad thing it is a business model and if it helps people and also help to spread the word as well then it is win win situation for everyone both for exchanges and our community. However, when we talk about blockchain as you probably already know the concept is much more broader than just some simple actions you perform on exchanges. There is something called mining, then smart contracts then dapss and then on the trader site there technical analysis and much more. When you look at the situation not just from the trading perspective but little more broader you will see the lack of tools or guides and that is the paint point we would like to tackle.

 

precisely in my country in central asia, that the policy in my country there is no prohibition on investing in digital currencies but the risk itself, considering that digital currency has not found a bright spot on security and that is also one of the reasons that hinder the legality in my country or consideration for making it a government financial asset.

Thank you for your compliments, we do agree there are resources available out there if you want to learn from scratch. However, how organized and reachable these sources is another question. Even if you take this forum, finding the right information among thousands of threads is a big time consuming challenge. On the YouTube side yes there are many videos but can you tell which are really there to guide  and which are there  to sell you some project. Most of the influencers are willing to say anything about any project as soon as they are paid well. As you can see the waters are not very crystal clear when it is come to learning and to clear these waters we would like to function like a filter so we can gather quality contents with people who needs these contents.   

Thanks for your kind words. We are improving our system everyday for now we are just compiling various quality videos and putting them in order so beginner can watch, more features we will be soon implemented like quiz after watching video sequences with a reward attached to it, and course title including different videos focusing on certain level or topic and many more to come.

On the token side,this feature already active and users are already earning tokens for their upvotes and some other contributions; more other options are going to be added to encourage people to learn. 

Yes, precisely we compile them using the original hyperlinks from original sources.

Yes there are some practical problems which can be avoided by with proper training and education which is what we are trying to achieve and there are other core fundamental problems like you mentioned we believe these will be resolved with time too, as more and more people puts their minds together to tackle these issues one way or another there will be a solution.

Very important points you have mentioned, KYC and processing time these are definitely has to improve and yes crypto space came a long way and improved many aspects along the way and it is becoming more and more user friendly. We are hoping to boost this positive change with our initiative, we would like to make every person ready with in 1 day whether they are interested in trading or developing other technologies using blockchain. 

I explained the broader image on the reply above, so you can see why it is more than simple transactions. But also keep in mind that not everyone has a friend who can show a way to solve their crypto related problems. That is precisely the reason why we have started this initiative.