Post
Topic
Board Economics
Re: What do you believe is needed for crypto currencies to be mass adopted?
by
bitgolden
on 12/03/2018, 10:05:38 UTC
We at Quantum1Net believes what needed is higher amount of data transaction and speed, lower power consumption and stronger security.
https://github.com/quantum1net/Documents
Other than that, what do you think?
Holding is one of the things needed for mass adoption! Many of us here used bitcoin as a stocks and not as a means of payment for goods and services. Bitcoin will be adopted by big financial institutions if it price is stable and that is why we need to create that stability by holding what we have and not sell them. When you sell you are contributing to the volatile that affect mass adoption.
Holding is not at all needed for bitcoin and other crypto currencies to attain mass adoption. Holding just reduces the trade volumes. Instead, people buy use crypto currencies as much as they can just as any other regular fiat money.

That will increase the trade volume and also affect prices in some manner, but moreover it will let people know how much demand there really is in the market for crypto. Holding is like investment, but if we need mass adoption, people must make use of virtual money.