Post
Topic
Board Economics
Re: As long as you convert your crypto to fiat, we will never go mass adoption
by
isaac_clarke22
on 21/03/2018, 16:50:49 UTC
People! please don't look at crypto as an ez money maker, and please don't convert to fiat, I would suggest to USE it rather than spend it.
The next time you pay for something, always encourage them to accept crypto. -snip-

This could be difficult to everybody especially to those who have a high trust issues in investments. When you tell them that it is a currency, they will always ask about the value its have when converted to whatever currency your country is. You will most likely mention about the property of volatility it has and that could make them disagree to invest in it. However on the other hand, there are some sites that accept crypto as a payment method so we got that as a start up for potential mass adoption. Surprisingly, the attention in Bitcoin in different countries has its own local bank to accept purchases in Bitcoin like Philippines so there's that for another potential mass adoption. Generally, we don't need to force people to accept these crypto currency to be part of their assets and let's just be a bit passive on that and be more active on what we're doing here and believe me that media will now give it more attention when crypto goes large in the market.