Post
Topic
Board Economics
Re: [Survey] Have you ever heard of cryptocurrency?
by
hahay
on 02/07/2018, 18:15:20 UTC
It's great to see the popularity of crypto is rising, but a bit sad to see that not many people owning crypto, and I believe most of the people want crypto because of the price that keep on rising, but I still happened to see the data, with increasing popularity there will be more developments for crypto in the future
Indeed, almost everyone that possess crypto keep it because of price rising. In other words, for them crypto is an asset and not currency. Which is sad indeed, but that will continue as such until crypto becomes as usable as fiat currencies. But that I don't expect to happen soon.  Also with increase of crypto users, everythiny becomes better.
But, I do not think crypto can be used like fiat currency for various reasons. But if only to be used to transact online might be better implemented in the future. With its high popularity, it is very likely to happen in the future. With the bitcoin is definitely going to make it easier for shoppers between countries, because with bitcoin we do not need an intermediary like transact using fiat money that tends to be inhibiting and will take longer.