If all transactions around the world use crypto?

[MuTu]

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?

[gurunanakji777]

Its easy to said but I would say its a very long vision. If it happens certainly this crypto market will grow tremendously. But I don't think so it will happen in coming 5-10 years time. I believe it will take very long time.

[KYB40]

There are still a lot of things that needs to be done before that happens. Lack of infrastructure is also one thing that needs to be addressed.

[akitha]

for this predictions there are so many things that needs to be consider first specially the government who wants to control bitcoin

[MuTu]

Its easy to said but I would say its a very long vision. If it happens certainly this crypto market will grow tremendously. But I don't think so it will happen in coming 5-10 years time. I believe it will take very long time.

Yes, you are right. In addition, there are still many people who don't know about cryptocurrency. The development of the internet, technology, cryptocurrency is progressing, but for infrastructure and information distribution, it still does not cover all regions of the world.

[babu10]

It would be a magic for every crypto lovers. I think if that happens, total economic system will changed radically at once and everybody will be happy as there will be less risk in transaction and carry.

[ZionRTZ]

Each government has to set cryptocurrency friendly regulations first before that can happen. At the moment, many are still debating as to how they will go about digital currencies especially in the field of taxation.

[paolobaltimori]

I think it's very hard that this will happen in next future, crypto is very small and young market at the moment and there are too many different coins....I think that when market will be stable and big with only few coins maybe this could happen.

[chinito]

Our future will be brighter if we used crypto in all of out transactions because all transaction will be in online.Even if whenever we are we can do pay our bills like shopping and life goes easier.

[tsakf]

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?

No, because there are different coins for different uses. We are used to this (one for all, centralized), because of fiat currencies, but I think, we are moving to a decentralized world with many choices and opportunities. Are everybody has taste in food, on cars, on vacations, we will have a taste of the tool of transaction settling.

[indexx]

It still cannot be implemented for now because there are many countries don't accept crypto currencies yet. It may be applied once most of countries in the world agree to utilize crypto for global transactions.   

[Zed0X]

That would be nice. It's the main idea behind crypto, to be used as a payment system. It is going to take more time before that can happen. It may take a decade or even more.

[Marr]

Here is you of course have come up with. Well, let's imagine it and drool a little, because this is an ideal situation.

[Zemytha]

maybe the world will agree if all transactions use crypto. however, will it be convenient to use Crypto as a payment transaction? I think there will be a lot of crime. because the price of the cryptocurrency is very tempting

[Volonter]

If this happens, then most likely it will be possible to abandon fiat money and the cryptocurrency will acquire another value!