Will crypto currency be widely accepted

[eLdavis]

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.

The truth of the matter is that everyone is entitled to their opinion, same way every government have their own opinion about crypto currency. Though right now I think crypto is accepted on more countries than it is being rejected.

 

[Ebro01]

Will cryptocurrency be widely accepted, with my view cryptocurrency will not be accepted globally because the number of the uneducated are more than the educated one's. It will only be accepted and widely used among the elite because it's easier for them and comfort.

 

[Laurentta]

For now, crypto currency will not be widely accepted, i don't know about in the future though. Some countries hsve even placed a band on crypto, it won't be widely accepted anytime soon.

 

[HayKay]

Bitcoin was on the verge of becoming the widely acceptable coin till I found out that USDT is fast on its way to dethroning it because it's more stable and that's preferable by a lots of people.

 

[BrolySSJ]

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 that it is only a matter of time before all of these coins become widely accepted around the entire world beecause there is a lot of benefits that they are able to offer over traditional fiat currency.

 

[Dagm1]

When the time comes, the world will regard crypto money as something that everyone will use to conduct daily transactions, and it will have an increasing impact on the global economy.

 

[Bousine123]

If people were allowed to vote concerning this case, I think many people will vote for bitcoins to be generally accepted by the world's government, but in the next century something may happen.

 

[Grandeur]

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?

Not everyone would come to terms with new updates and technology, there would always be those who want to go against most times for personal reasons which is why I don't think crypto will be generally accepted.

 

[kayode10]

Bitcoin will become widely accepted as some countries are adopting the cryptocurrency as legal tender. Over time other countries are going to adopt this method and make Bitcoin they are legal tender which will be acceptable worldwide as an official currency.

 

[Alexandoy]

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.

I think Bitcoin is already accepted worldwide. In the Philippines there are crypto investors already although they are using the digital wallet of a foreign country. In this internet era distance does not matter anymore so we can trade in crypto using the digital wallet that is accepted in our country.