Re: can cryptocurrency still exist if there is no trading?

[etheridge9]

I think that trading is not the only way for cryptocurrencies to survive. I would say that when the situation will clarify, when the market will be stable, and not as volatile as it is now, trading and exchanges won't be the main source of income for people who are dealing with cryptocurrencies. There is a huge potential in blockchain technology and i am sure that we didn't invented even the half of the things that could possibly give cryptocurrencies something like a second life.

It depends how you understand "trading". If your mean only investing on some exchanges and treat crypto only as way of making money, then yes, cryptocurrencies can exist. We should remember that main goal of crypto is global adoption. If we will lead to the situation when coins will be in widespread use (and this is slowly beginning to happen, mostly in case of Bitcoin, but other coins don't stay behind - for example Dash and FuturoCoin are aiming for this, FTO even has its designated chain of restaurants: https://newsroom.futurocoin.com/next-futurenet-restaurant-is-already-open/) then trading won't be necessary anymore

That's what i'm talking about, we don't need exchanges, in a situation when cryptocurrencies are going to replace regular currencies, like in this FuturoCoin example. It's happening right now - slowly, yes, but is happening.