Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: sixexgames on January 09, 2019, 09:05:52 AM
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Crypto really hasn't "made it" in terms of mass adoption or being completely normalized for online merchant transactions... but does that really matter? I mean speculation with HODLing and trading IS actually a use case. I love earning crypto, trading it, lending it, mining/staking it, gambling with it and yes, sometimes buying stuff with it. So even if we're not quite to the "promised land" I still think crypto is really intrinsically useful.
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Crypto really hasn't "made it" in terms of mass adoption or being completely normalized for online merchant transactions... but does that really matter? I mean speculation with HODLing and trading IS actually a use case. I love earning crypto, trading it, lending it, mining/staking it, gambling with it and yes, sometimes buying stuff with it. So even if we're not quite to the "promised land" I still think crypto is really intrinsically useful.
If both of us agree that I will get payed with stones for a service I provide you, and you give my stones, when I finish the service, everything is OK. Legitimate currency is needed when I want to pay taxes, or need to prove the payment in court. Of course, adoption will skyrocket, when I can do most of my transactions with crypto, but this needs time. I use crypto, I pay for services, and I'm totally happy with it.
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I like the current position crypto currencies are for now, as time goes on, the mass adoption of crypto will rise as, and that will skyrock the price of crypto. Crypto not being yet legalized or generally accepted for me, its okay, if I can't pay for service with crypto, converting it to my native currency is not an issue.
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Crypto really hasn't "made it" in terms of mass adoption or being completely normalized for online merchant transactions... but does that really matter? I mean speculation with HODLing and trading IS actually a use case. I love earning crypto, trading it, lending it, mining/staking it, gambling with it and yes, sometimes buying stuff with it. So even if we're not quite to the "promised land" I still think crypto is really intrinsically useful.
In my opiniin crypto currency is block chaun technology, It is decentralize platform. So I think It is not need legitimate.
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Main usage area is not here yet. Apart from being tradable at crypto exchanges, we should be able to use it in the streets also. This is why Bakkt is coming.
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No, crypto needs legitimate use case to become true currency. This because people are working to get Bakkt and ETF approved.
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Cryptocurrency in any case need a legitimate version of its use, that is, its legalization by the states. Without legalization, cryptocurrency will not be able to further develop and switch to practical use as a means of payment for goods and services.
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All Krypto enthusiasts are waiting for this moment, but I think that this will not happen soon because cryptocurrency is hindered by many states that are not yet ready to accept it as the main currency.
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All Krypto enthusiasts are waiting for this moment, but I think that this will not happen soon because cryptocurrency is hindered by many states that are not yet ready to accept it as the main currency.
I doubt any states will adopt something like Bitcoin as an official or reserve currency. I'd like to see crypto as the currency of international business and commerce that isn't subject to government interference. However, governments want to collect tax money from every transaction their citizens make, so naturally most seem to be anti-crypto :/