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Will crypto currency be widely accepted

  • Thread starter Thread starter Khezo
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yes as of now cryptocurrency is taking over the world in the 21st century real business men or women take part cryptocurrency the really invest in Bitcoin.because Bitcoin deal with fallen and raising of the coin,the good thing is that weather it falls your coin are still there the only problem he coin reduced
 
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.
 
I don't see cryptocurrency widely accepted because many believe that it is a treat to their own currency which make some country like Nigeria ban the exchange with the commercial banks. It will take more time even if it is going to accepted by the world as online transaction currency.
 
With time cryptocurrency will be accepted by everyone, including private organizations and public organizations. Cryptocurrency is the future and we are in the future. All these countries that trying to kick against cryptocurrency wil soon have no option than to accept it.
 
I think online work is becoming very common nowadays. People have started making money online, so there is a way to make money and it is becoming very popular among the people.They are working very fast and making money. In a short period of time, paper currency is becoming a favorite of the people because when its rate is high, the buyer benefits a lot.
 
Only a very small number of online retailers still accept Bitcoins. It is therefore difficult to rely entirely on Bitcoins as a currency. Also, it is possible for governments to compel traders not to use Bitcoins to monitor consumer transactions.
 
Our government does not accept crypto currency, however, many governments have accepted crupto currencies and I hope situation will change in my home country soon.
 
Of recent, the news that tesla would consider bitcoin has a mode of payment came expected as it's getting to that point where we don't have to see money move and crypto currency helps with that.
 
I think it is already widely accepted is just some countries that has placed serious laws on cryptocurrency due to their own reasons.
 
With time I think crypto would be a legal tender everywhere. It's easier to use and faster so why shouldn't it be adopted also the block chain technology has several benefits aside crypto so it's all good for the future
 
Crypto will definitely be widely used in the future but it will have limit. The central bank will not not the idea of using crypto to pay bills because of the funds thy won't be able to get from it. Unlike the transfer they do and they get charges as income
 
Yes I believe with the growth of cryptocurrency and it's popularity in few years to come it will be widely acceptable and be use as a form of exchange round the world.
 
Cryptocurrency is not only going to be widely accepted, it is already widely accepted we are begining to see countries and government coming up with their own cryptocurrency
 
There are still lot of countries which have banned crypto and also some countries which are not even aware much about crypto. But since it is digital era , the demand for crypto is always increasing , so we can expect at least 90% worldwide countries will accept crypto by then end of this decade.
 
Khezo said:
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?
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Its a gradual process, eventually the government, central bank and financial bodies wont have choice than to accept crypto currency but i think it will take a long time.
 
Crypto currency is already accepted widely. Today, you can use crypto currency just like fiat currencies to buy and sell goods. crypto currencies have been even made a legal tender.
 
Crypto currency exchange Business will definitely be accepted all over the world but before that can be done the market really need to be regulated by top government agencies because without that a lot of manipulation will continue to exist in the market
 
Crypto currency is already wildly accepted, except in some few countries like mine for example who has placed a ban or some restrictions around Crypto. Which is quit normal as i believe not every would accept anything they dont fully understand.
 
a lot of people are already accepting cryptocurrencies and I believe it is a matter of time everybody will get acquainted to it and start seeing the importance of cryptocurrency.
 
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.
 
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