But you should look at the bright side of it... at least you're having the opportunity to buy at these cheap prices. It's called first move advantage.
Topic: Why isn't crypto going mainstream? - page 6. (Read 2125 times)
Because understanding Bitcoin is not an easy task for most people. They need to educate themselves about a lot of things, such as information technology and the basics of economics.
But you should look at the bright side of it... at least you're having the opportunity to buy at these cheap prices. It's called first move advantage.
But you should look at the bright side of it... at least you're having the opportunity to buy at these cheap prices. It's called first move advantage.
Everything needs time to grow. First people thing cryptos were a joke, then some people saw how can profit from them, now we are the state that Governments will start fight them because are afraid of them.. Probably is the best time to buy now because Governments won't stop cryptos and when become mainstream profit won't be much..
I guess the reason why crypto is not going mainstream is because it's quite complicated and it's quite hard for beginners to understand and it's so volatile, most people just think about crypto as an internet money that will not have any value in the real world.
We're just early adopters. More and more people are joining daily, and I can see more and more businesses accepting BTC, that's always a good sign.
The internet took a long time to come where it is now . I think you have to wait years for it to become mainstream.
Older generations will be very hesistant to use it.
Older generations will be very hesistant to use it.
Like the old saying goes "you can't teach a old dog new tricks". This applies for crypto as well. A lot of people are just stuck in the past of using real cash and cc. However, as bigger organizations like google and apple push for apple pay and google pay, it brought people a bit closer to online payments. I guess we can assume that if these companies start to use crypto or any sort, the message will be broadcast to a wider audience, and more people will become interested in it. I guess once ICO's using crypto become more widespread, more people will be exposed to it and more people will begin to adapt and join the community. As a app developer, I think crypto can really benefit the app space in terms of payment systems. Some projects that I am currently following that in corporate in-app crypto are: OpenMoney, Kin.
First of all it was hard to exlpain older people what crypto is it. But now a lot of new in media about it, a lot of youtube bloggers talking about crypto. So it become easely to unerstand what is crypto now and the fact that you can earn on it. Crypto going mainstream because with each day its more and more money.
In my opinion and experience I think average people find it difficult to understand the functionality of block chain. They think anything that has to do with copy and paste should be left to the geek, not to talk of diffident code.
As far as I know, we are slowly going mainstream which will take time but what I know is people are scared of trying something new like the blockchain technology or people are still living under a rock with no knowledge of whats to come or maybe they do not know the benefits of the technology.
Rulers want to keep control and power over their established system. One difficulty I see is to not have a privatised framework, as we have it now.
The blockchain must remain free!
This is one valid reason, people do not want to lose control when bitcoin or other cryptocurrencies are adopted as they will disrupt this monopolized framework The blockchain must remain free!
Just wait for the steve jobs of crypto to come and tell people how awesome it is. They will eventually fall in love with it just like they did with apple products. Perhaps you are not "selling" crypto the right way to your family and friends.
In terms of global community, the demand in cryptocurrencies of any kind still is rather low.
When it becomes much more acceptable and recognizable by the wider audience, perhaps there is the possibility for cryptocurrency to go mainstream (even though I have some doubts about that).
The demand for cash will go from the third countries. Their economies are very low and therefore people are willing to look for any opportunity for additional income. In the leading countries the people have enough income to provide for their needs. Why would they look for something new? When it becomes much more acceptable and recognizable by the wider audience, perhaps there is the possibility for cryptocurrency to go mainstream (even though I have some doubts about that
).
if we explain how the crypto work is hard to grasp ,,
but if all transactions are already using bolckchain technology in every aspect of transaki it's probably easier to absorb our explanation ..
like the use of credit cards..
but if all transactions are already using bolckchain technology in every aspect of transaki it's probably easier to absorb our explanation ..
like the use of credit cards..
offering service to public audience with the delivery of goods and exhibition as users of the following terms to gains with the notice on value as displacing unit of appropriation to refer extendance on challenge as gathering further with chance of valuation to improves value with the altcoin price.
Hey guys,
I don't get what's holding us back. Every time I talk about crypto with a family member or someone at work their eyes glaze over.
I feel like I'm the weirdo talking about klingon mating rituals!
Which makes me wonder - why are we still on the fringe? What could we do to take blockchain technology and make it accessible for everyone?
Anyway, that's my rant for today...
What do you think?
I don't get what's holding us back. Every time I talk about crypto with a family member or someone at work their eyes glaze over.
I feel like I'm the weirdo talking about klingon mating rituals!
Which makes me wonder - why are we still on the fringe? What could we do to take blockchain technology and make it accessible for everyone?
Anyway, that's my rant for today...
What do you think?
It's rather simple: People in the western world don't need an alternative to their fiat currencies in daily life. When would you need bitcoin as a member of a 1st world country in your daily endeavors? Pretty much never.
This is why BTC is being used as an alternative to gold, and most people aren't bright enough to see that empires come and go and most fiat currencies will fall.
In other words, we are early adopters, and 99% of people out there are ignorant about the economy, decentralized networks and so on.
it's complicated and confusing.
HUGE learning curve.
most people are stupid.
HUGE learning curve.
most people are stupid.
this ^ people really are stupid. I'm not saying I'm smart but average human doesn't use his brain too much.
I think the infrastructure is not set for mainstream adoption. User friendly interfaces are just the beginning of what we need to adopt crypto as an everyday asset/value/payment medium.
People need to understand blockchain as a revolutionising technology which is very likely to disrupt our established money system. That's also the most pregnant reason why the adoption is so “slow“. Rulers want to keep control and power over their established system. One difficulty I see is to not have a privatised framework, as we have it now.
The blockchain must remain free!
People need to understand blockchain as a revolutionising technology which is very likely to disrupt our established money system. That's also the most pregnant reason why the adoption is so “slow“. Rulers want to keep control and power over their established system. One difficulty I see is to not have a privatised framework, as we have it now.
The blockchain must remain free!
In terms of global community, the demand in cryptocurrencies of any kind still is rather low.
When it becomes much more acceptable and recognizable by the wider audience, perhaps there is the possibility for cryptocurrency to go mainstream (even though I have some doubts about that).
When it becomes much more acceptable and recognizable by the wider audience, perhaps there is the possibility for cryptocurrency to go mainstream (even though I have some doubts about that
).
It's still too complicated for most older people.
More and more young people are getting on board.
Once they start having some practical experience they'll come around.
We're still in the early adopter phase. Initially nobody had a cell-phone either and those that did were looked at strangely...
More and more young people are getting on board.
Once they start having some practical experience they'll come around.
We're still in the early adopter phase. Initially nobody had a cell-phone either and those that did were looked at strangely...
Lol, if you don't consider regular MSM reporting, including on CNN and BBC in addition to being featured on the front pages of business magazines such as Forbes and the Economist mainstream adoption, I don't know what is.
no need for it, certainly in terms of currency, and not user-friendly.
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