Quote from: tokenlion on May 10, 2018, 01:34:09 PM

Why Crypto Hasn't Gone Mainstream Yet

After a decade of trading and a market cap in hundreds of millions, it?s not yet clear ? will cryptocurrencies like Bit[Suspicious link removed]ver to the mainstream use?

One factor that could make or break a cryptocurrency is the ability to outgrow its FinTech image and put on some real economy clothes. It depends on consumers who decide whether or not to adopt cryptocurrencies as a payment method. Sadly, they are still vague when it comes trading fiat money for the cryptocurrency.

Also, some high-profile people are pessimistic on this idea of cryptocurrencies. A Nobel Prize-winning economist Robert Shiller (no pun intended) compared cryptocurrency with the Dutch tulip mania. On the other hand, Myron Scholes, another Nobel laureate, is taking part in the development of a low-volatility cryptocurrency Saga (SGA).

So, why cryptocurrencies aren?t mainstream yet?

1. Difficulties Spending
2. Poorly Understood
3. Volatility!
4. Legalities and other Regulations
5. Illegal Activities
6. Bitconnect!
7. Unregulated
8. Not a Commodity, not a Currency
9. Media Influence
10. Learning Curve

These are just the main outlines.

If interested, you can find the full article where each point is commented in detail here:
http://tokenlion.net/blog/post/117/10-reasons-why-cryptocurrency-isnt-mainstream-yet

What is your opinion on this? What are the reasons YOU think Cryptocurrency is not mainstream? If you had any crazy stories with crypto, let's hear it!

Crypto hasn't gone mainstream yet simply because most governments don't allow it. Most of your points are valid but not major. These are just some of the difficulties crypto users need to deal with. But when it comes to mainstreaming, these reasons have very little influence (except #4).