Will crypto currency be widely accepted

[Khezo]

Bitcoin and cryptocurrency has bloomed since 2009. Will it be accepted and regulated by the central bank to be used as trading mechanism in the near future? Albeit there has been minimal informal usage of Bitcoin in some trading.

Also, which country would be possibly become the first in regulating the use of cryptocurrency in daily transaction?

 

[Ltherman]

Cryotobis already widely accepted it may not have gone mainstream as we expected but its making key entry into rhe economy than it did a couple of years back. For businesses to start accepting bitcoin as a form of payment is a hige boost to the space and more of this developments are coming in the future

 

[DareIsrael]

From what I can sense in my spirit. There will be a time that crypto currency won't just be widely accepted but it will be the only source of payment accepted. I hope that time will not catch us unaware.

 

[Erik4150]

Cryptocurrency will not be widely accepted. Not every country sees the potential in cryptocurrency, my own country banned commercial banks from dealing with cryptocurrency. I don't think cryptocurrency will ever be fully widely accepted.
It would take many decades for that to happen and we are no where close.

 

[Adeyoola7]

Crypto currency when the time comes I mean in the future the world will see it as what everyone of us will be using to do transaction daily to daily that time it we have more and more impact in the world economy

 

[Henrywrites]

Bitcoin and cryptocurrency has bloomed since 2009. Will it be accepted and regulated by the central bank to be used as trading mechanism in the near future? Albeit there has been minimal informal usage of Bitcoin in some trading.

Also, which country would be possibly become the first in regulating the use of cryptocurrency in daily transaction?

The situation on ground in Nigeria now is that rue Central Bank just banned the transfer of crypto currencies to fiat money. So, I don't see this happening with the way most central banks are behaving towards Bitcoin with fears for its high volatility and all of that.

 

[singlej007]

Cryptocurrency adoption will be gradually untill it is accepted by all, right now, some eight and countries are still claiming cryptocurrency is a scam because there us no control over cryptocurrency. But very soon they will all accept crypto.

 

[Gilead]

Well I guess that country will be the United States of America, since they've got many billionaires and millionaires who are prepared to accept cryptocurrency. But developing countries will find it difficult to accept this because cryptocurrency is a market that cannot be controlled by one government.

 

[KENDRA2020]

It will only take time but surly I tell you my friend, crypto is here to stay. Money will fade overtime and crypto will be the universal currency the whole wide world will use to trade.

 

[FreshKaz11]

Bitcoin and cryptocurrency has bloomed since 2009. Will it be accepted and regulated by the central bank to be used as trading mechanism in the near future? Albeit there has been minimal informal usage of Bitcoin in some trading.

Also, which country would be possibly become the first in regulating the use of cryptocurrency in daily transaction?

It is widely accepted in all countries in the world but my country which they want to use it as a way of purnishing the youth because of the way we handle the end sars protest with everything in order,they were shock to see that the youth could do that kind of thing without the help from them or any organization like that,although we received some funds from the foreign bodies through cryptocurrency,so I guess that's the reason for not accepting it here but we the youth accepted it ...

 

[Emma Aneni]

It will only take time but surly I tell you my friend, crypto is here to stay. Money will fade overtime and crypto will be the universal currency the whole wide world will use to trade. I only think it's in my country that the government doesn't want the best for it's citizens.

 

[Sake]

I believe it is. Not just me many people even the top successful business personalities believes tjat Cryptocurrency is our future. We just need to give it a lot of time. Right now the unstable nature of Cryptocurrency is either bad or good for a business so it's still not widely use for that. And also the fact that governments can't control it. Is another reason why it's hard for it to be accepted

 

[westmania]

We hope one day cryptocurrencies will be as popular and familiar as USD worldwide. Current problem is many countries applying ban on them so I dont know how to resolve this issue globally. Cryptocurrency is hard to control even by a government.

 

[Ralphjoe]

We don't really know the future of of cryptocurrencies because of the way the government of different countries has been banning their use and this is becoming a huge problem to so many people like us.

 

[Alexandoy]

It think we can consider crypto currency to be accepted worldwide although I have read that Nigeria had banned the deposit of crypto currency. But that is only for the purpose of blocking money laundering in their country. Crypto currency is a commodity which can be bought and sold. As a commodity it has a right to be in the market unless it can cause something illegal like the effect of the illegal drug.

 

[eenya00]

I believe in the future cryptocurrency would be widely accepted by so many countries and business platforms as a means of exchange for goods and services. For now some countries are seriously fighting this concept of cryptocurrency because they are skeptical about it and they fail to understand it purpose.

 

[Joseph555]

Bitcoin and cryptocurrency has bloomed since 2009. Will it be accepted and regulated by the central bank to be used as trading mechanism in the near future? Albeit there has been minimal informal usage of Bitcoin in some trading.

Also, which country would be possibly become the first in regulating the use of cryptocurrency in daily transaction?

In a very short period of time cryptocurrency will be generally accepted by all and sundry it shouldn't be a surprise to you because mini pad of all nation are generally accepted and traded on cryptocurrency therefore any country trying to find people currently at this point inviting a loose battle

 

[Noor khan]

Bitcoin and cryptocurrency has bloomed since 2009. Will it be accepted and regulated by the central bank to be used as trading mechanism in the near future? Albeit there has been minimal informal usage of Bitcoin in some trading.

Also, which country would be possibly become the first in regulating the use of cryptocurrency in daily transaction?

I think in all countries in the world but my country which they want to use it as a way of purnishing the youth because of the way we handle the end sars protest with everything in order,they were shock to see that the youth could do that kind of thing without the help from them or any organization like that,although we received some funds from the foreign bodies through cryptocurrency,so I guess that's the reason for not accepting it here but we the youth accepted it ...

 

[Ihtsham Raza]

For cryptocurrencies to become more widely used, they have to first gain widespread acceptance among consumers. However, their relative complexity compared to conventional currencies will likely deter most people, except for the technologically adept.

 

[MercySmith]

Certainly, I know there will come a time that Bitcoin will be globally accepted. And it's very soon. We can see the signs already. MasterCard planning to accept Bitcoin this year. Some University now accepts Bitcoin payment. So I believe the time will come.