Is the world ready for cryptocurrency?

[densus88]

No. Now is not the best time for the cryptocurrency marketplace. It takes 5 years minimum world ready for cryptocurrency

Yes I agree mate. It will take 5 years again , the world ready for crypto.currency.

[bitpation]

@Sapp, "crypto is not stable". Crypto is not stable because it is not controlled by the government. But the price instability has benefited many people, including me and you. Benefits can be obtained from the difference between the selling and buying prices in crypto currency.

[sirty143]

Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.

Cryptocurrencies are legal and being used in over 150 countries, so my answer is a big, NO. The governments-back fiat will remain, because I believe that cryptocurrencies, in its current form, cannot replace fiat money. Cryptos are volatile. If you have a crypto worth $1000 at this point and time, you will never know if it's still $1000 after a few minutes.

[ComeBack]

For me on some countries not yet. But we all know that sooner or later the world will start adopting the cryptocurrency and everyone will start knowing about it.

[Master107]

Not yet. Nowadays, we can be able to see some countries who are engage in crypto. As a matter of fact some made it as one of the important factor in their economic growth. In the future the world will become ready for this ride.

[gotbounty]

I think there are still many countries that are not ready to receive Crypto as a currency for their citizens. Because there are still many developing and poor countries that have minimal knowledge of technology in it. I think this will take a long time if you want the world to receive Cryptocurrency.

[cryptofunn]

crypto is a completely new phenomenon that the general mass of the population is not clear until they try and understand that it is convenient and practical. So it was with the Internet

[skjude001]

Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.

The most crucial question is whether cryptocurrency is ready to be an alternative to the current financial system?
I do not think the answer will be "yes," we have more than 2,000 coins, most of them are altcoins and tokens, I think so many people should know how to run it along But learn at the right time .
Bitcoin and stablecoins are the best examples of cryptos.

[benres]

Good question and really a controversial one, we will know the answer once crypto currency will become a mainstream economy reaching about a trillion usd, then we will know if the world is ready to adopt crypto currency instead of fiat currency.

[Speaker]

I think this will happen gradually over a few years, maybe a decade.Perhaps we will not even notice it, but will simply use it .

[zgrdyg]

I think no, crypto currency will be normal in smaller countries firstly, but i think we'll have to wait for a while for its common use as far as i can see.

[Bit]

The world should be ready for cryptocurrency. A new revolution / change happens everyday, the world is already familiar with it. Personally, I think every thing seems able to accept the existence of cryptocurrency. But it all takes time to accept it. Just wait for it.

It is correct, it should be ready for cryptocurrency as a new revolution in digital world. We have everything that can support it. Just wait for the time to be accepted as a whole. I think, in five years, cryptocurrency will be mass applied.

[ayatoslaw]

I don't expect much for cryptocurrency, let alone about replacing the world currency. I only wish for cryptocurrency and be approved for legal payment equipment in all countries, without having to replace the currency position of each country.
and if that happens, I'm sure the cryptocurrency price will be more than this.

[Quart]

Personally, I don't know whether the world has been ready for cryptocurrency or not. There is always a time for adaptation for something new. I see some countries accept cryptocurrency but not for others. However, many people around the world have been familiar with cryptocurrency. I predict if cryptocurrency can fix the bad issues related its existence, next few years more and more countries will accept it also.

[zenbook]

We already using cryptocurrencies so it's obvious that the world is ready for this change. There will be for sure people that cannot understand bitcoin and how it works but we can help them to understand and adopt bitcoin just like any other currency and I'm thinking how will the elders react to bitcoin using daily.