If all transactions around the world use crypto?

[I-Bit]

I don't think any country will ever restrict its citizens to using btc for all transactions.

It will be difficult to use BTC for all transactions. The first reason is about its volatility or instability. This factor makes people difficult to set the amount for their transactions with BTC. In my country, this seems to not happen, but I don't know in other countries.

[Alter]

I don't think so. Indeed cryptocurrency can make it easier for us to transact across countries throughout the world. However, not all countries want and are ready to apply this. This is limited to the knowledge and conditions of the people in each country.

[tsakf]

I don't think so. Indeed cryptocurrency can make it easier for us to transact across countries throughout the world. However, not all countries want and are ready to apply this. This is limited to the knowledge and conditions of the people in each country.

Yes. A very small fraction of people know about cryptocurrency. It will take time for people to find out and gain confidence. Fiat, will be here for long.

[Delgboke]

If all the transactions around the world is to go through crypto  it could be more  easy and low cost efficiency with only just a click but the challenge here using blockchain technology in transactions could affect other people who are ignorance of the innovation and the idea of cryptocurrency to transmitting their payment when they are not use to blockchain technology so this can limits them from using cryptocurrency transactions.

[Tristanerus]

I think if all countries in the world agree to use crypto in all transactions in all fields. Is paying insurance, shopping, paying electricity bills will be as easy as flicking a finger?

Yes, its a good idea which all transactions will going to be easy and ofcourse we could less our transaction through p2p transaction, but i think about what if there's a brown out? Or there will a lost of internet connection. Probably all transactions stop and can't go through without this. Therefore crypto is just stay alternative way of payment even the whole technology will go innovation.

[pangeran]

If all the transactions around the world is to go through crypto  it could be more  easy and low cost efficiency with only just a click but the challenge here using blockchain technology in transactions could affect other people who are ignorance of the innovation and the idea of cryptocurrency to transmitting their payment when they are not use to blockchain technology so this can limits them from using cryptocurrency transactions.

That's true, not everyone will receive crypto, because not everyone can use crypto.
Maybe only the youth will receive crypto

[Bobcrypto]

Obviously, before crypto can be used in business transactions in the world, i think there should be a proper crypto education to enlighten everyone. If every transaction are carried out on crypto blockchain, it will be amazing; this what many crypto enthusiasts will be anticipating some time in the future.

[mimikri]

Traditional currencies can die only when governments die, but is some countries they just make "national cryptocurrency", which of course is centralized

People always need a leader, I mean most people, therefore, governments (in any form) will never die. thus, centralized currencies (also in any form) will be used, although crypto will also live.