Will crypto currency be widely accepted

[Caali]

They came from zero and that is where they are headed.Fresh air is fresh air and whilst there might be some great computer technology behind it there is no reality.Wise up and stick to the real stuff.

 

[Mahnoor]

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.

 

[KvngMurphy]

Not all crypto currencies are widely accepted but Bitcoin as 1st of kind is the most popular crypto currency and accepted in alot of countries worldwide. Although it will take a little time before the entire world makes leave with it's existence but for now not all countries approve of crypto currencies.

 

[Blackjay]

I think crypto would be widely accepted and would soon spread in time. In time depending on how fast more people dapt to the technology behind crypto.

 

[Afrinish]

• A cryptocurrency, broadly defined, is currency that takes the form of tokens or “coins” and exists on a distributed and decentralized ledger.
• Beyond that, the field of cryptocurrencies has expanded dramatically since Bitcoin was launched over a decade ago, and the next great digital token may be released tomorrow.
• Bitcoin continues to lead the pack of cryptocurrencies in terms of market capitalization, user base, and popularity.

 

[Khizar iqbal]

I don't think the currency has spread well all over the world yet. People don't know about it, but with the passage of time, this currency will become a favorite for everyone and everyone will know about it.If we invest in this currency then we can make profit and also Russia how you are making profit. Over time the hand currency will become known to all.

 

[redpogi16]

Crypto currencies will continue to be accepted though it might face challenges in the countries with fragile economy but if fully regulated it will even boost their own economy because more revenue generation from Exchange platforms will be available.

 

[Has.an_shahid]

Bitcoin (BTC) It's been about a decade since Bitcoin expanded currency into the digital space of the internet. Since that time, it's remained the most popular cryptocurrency in the world.

 

[Sherry7788]

Cryptocurrencies have not only changed the world’s expectations surrounding money. They’ve also continued to evolve in their own space since the first Bitcoin block was mined back in 2009. Since then, thousands of unique cryptocurrencies have popped up. Of these, Bitcoin remains the most popular.

 

[Hasan Raza]

Cryptocurrency appropriation will be steadily untill it is acknowledged by all, at this moment, somewhere in the range of eight and nations are as yet guaranteeing cryptocurrency is a trick in light of the fact that there us no power over cryptocurrency. However, very soon they will all acknowledge crypto.

 

[Halexcity]

Yes crypto currency will soon be accepted widely because its already making wave already. Different country as already accepted crypto currency as part of there currency for example usdt and co. So I think fiat currency will not gain too much ground as it use to be.

 

[Oluwaseyifunmi]

Concerning your question on if cryptocurrency will be widely accepted all over the world, I have to say that 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.

 

[ibaad]

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.

 

[tuna89]

Cryptocurrency can definitely be accepted if some very important steps are fully taken, the Governments would have to integrate the cryptos into the Central Banks and Exchange commissions and every crypto holder's details integrated into their local bank details, by these, there would be transparency and fraud reduction in transactions because crypto transactions will be well monitored if all these steps are taken thereby leading to wide acceptance.

 

[Kennysplash]

I don't think that can ever be possible, crypto currency will never be widely accepted for payment over Fiat. It has not been accepted they are feeling its a threat to the local currency, I don't know what it will do if it were to be totally accepted.

 

[Briangsam]

We can only hope the time will come when cryptocurrency will be a legal tender in Nigeria but it will most definitely be in this present administration. This administration seems to have a nack against any youth innovative that stands to take people out of poverty. So maybe future administrations will do better.

 

[Tundeoguns1]

Will crypto currency be widely accepted. That's a very interesting question. Well for me I think crypto currency should be widely accepted around the world because the thing is not illegal alot of people invest in it and collect their money back with profits and gain onto. But some country does not yet give the licence to it. But in the next few years it will be accepted world wide.

 

[Jumoke12]

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 fact that Cryptocurrency is accepted by most countries does not mean everyone will accept it. Therefore I do not accept that it will be accepted by most countries, Nigerian and Indian governments have both banned Cryptocurrency and everything related to it, this is an indication that it isn't accepted by all

 

[WhiteHouse]

To be sincere I don't think so, some countries are just adamant and won't subscribe to it, though I see a large portion of countries agreeing to it especially the countries with the biggest economy. So crytpocurrencies will survive

 

[Josephjossy]

Currently, crypto currency is taking over the who world. I think that in less distance time, the world will be using crypto as the main trading currency. Crypto payment is the most easiest way to make payment exactly international exchange