Cryptocurrency losing it's essence

[Ralphjoe]

Cryptocurrencies is a new concept to world finance that will take time for the world to accept it as a form of payment, so you don't expect a new money concept that removes the stronghold of government on it to be accepted by the government so quickly.

 

[Trojan8]

I don't think cryptocurrency is actually losing relevance. In the contrary, I think it is actually gaining relevance with the way most coins have been increasing in market capitalization. More and more businesses are integrating coins payment. At this point the only way for cryptocurrency is to move forward and the future is thrilling.

 

[Ojonuyo]

Yes it is loosing it's essence in our present day. Reason been that the price is unstable, today the price worth is high and everyone wants to invest into, tomorrow the price goes down. Another thing to consider is the high risk involved in the transaction of crypto currency. One get to lose their money at any point in time

 

[Noor khan]

Have you ever wondered why cryptocurrency has never been accepted worldwide ?

Have you wondered if there is more to cryptocurrency ,other than trading and making profit from it ?

This article tends to shed light to these questions.

-=Stripped Content=-

You don't expect all the world accept crypto like that as everybody know the world is becoming digital as most of the world are seeing that digital age is already here, they will accept crypto in the future, I think there will be a time in this world when crypto-currency will be the only coin for world trading ,is just a matter of time everything will just come to pass, give it 20 years from now

 

[Tariq Shehzad]

It is very bas that the essence of cryptocurrency is thus affected by the present mindset people have towards it . Cryptocurrency should be seen beyond making profit as we know we are using it for doing transactions.

 

[Ehizzy1]

Cryptocurrencies is a new concept to world finance that will take time for the world to accept it as a form of payment, so you don't expect a new money concept that removes the stronghold of government on it to be accepted by the government so quickly.

Well this is actually true in some cases , but most countries are already legalising the use of crypto currency to some certain extent , and this shows a new benefit for those crypto lovers , so its actually going to get there someday. Just like the way PayPal have joined the crypto world and i know that very soon more would join too

 

[Josemendez]

You don't expect all the world accept crypto like that as everybody know the world is becoming digital as most of the world are seeing that digital age is already here, they will accept crypto in the future, I think there will be a time in this world when crypto-currency will be the only coin for world trading ,is just a matter of time everything will just come to pass, give it 20 years from now

Well , there is more to the post aside what you read from the introduction and the title.
Is unfortunate that you can't view the full article for free . Aside from buying during a dip and selling during a rise , do you see cryptocurrency solving any problem globally ?

 

[Chumzy]

I don't think I agree with you on this one because cryto currencies are just beginning their dominance. They have rise and falls but in the end it is always a rise for them in the present world economy. The only problem is see with them is that most of them have an issue fluctuations because of the lack of regulation in the market.

 

[Draysongz]

Crypto isn't losing it's essence, rather some coins are losing their value. Crypto currency will be the big thing in years to come. When something new comes it isn't widely accepted immediately but with time it will be

 

[Gilead]

I really do not understand what you mean when you say cryptocurrency is losing its essence because in my understanding go to Quincy's fall and rise that are with us always been. for me cryptocurrency has not reduced in it worth of value in fact it's essence is growing more and more.

 

[Sotherefore]

I don't think cryptocurrency is losing it purpose because they are not accepting it now, I think there will be a time that cryptocurrency will be accepted as a normal mode of transaction it may not be now but later in the future. And another hindrance to cryptocurrency transaction is high transaction fee.

 

[Nomad]

I think crypto currency has already been accepted in numerous countries, there are only a handful of countries where it is sill illegal. It is just a matter of time that these countries will also accept cryptos

 

[Justin]

Cryptocurrency is deemed illegal in my home country, but our government never explained why crypto currency is illegal. Interestingly, no one contested this law in the courtb just like India.

 

[Josemendez]

Cryptocurrency is deemed illegal in my home country, but our government never explained why crypto currency is illegal. Interestingly, no one contested this law in the courtb just like India.

Well , the government feels that since they cannot control cryptocurrency , there is concern over the effect it will have on their economy .

 

[Nomad]

I don't think cryptocurrency is losing essence, in fact I see interest and acceptance of crypto currency is going even better. There are some countries that have banned crypto currencies, but you can also see some countries making crypto currencies legal tender.

 

[Setho]

I think that one of the reasons why cryptocurrencies is here to be fully accepted is because how transactions can be initiated and processed ananymously.

 

[jeff87]

Have you ever wondered why cryptocurrency has never been accepted worldwide ?

Have you wondered if there is more to cryptocurrency ,other than trading and making profit from it ?

This article tends to shed light to these questions.

-=Stripped Content=-

I really don't know why cryptocurrency has never been accepted worldwide. It could be that they are so afraid that they will lose all their money when they will invest into it. It's because Bitcoin price is so volatile. One day the price is so very high then on the next day it is so very low. What I know about Bitcoin is, it's not only trading and investment. You can purchase products and services through Bitcoin.

 

[Sotherefore]

Cryptocurrency was created for easier and faster transaction with a decentralized system in which transaction and everything that is occurring in one's wallet is private and confidential. That was the essence of cryptocurrency and that has not lost ever since