Post
Topic
Board Bitcoin Discussion
Re: Is the world ready for cryptocurrency?
by
Himanshu111
on 10/09/2018, 18:44:56 UTC
Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.

what is rating for Bitcoins but the world is accepting Bitcoins as a thing which they can read and make some profit but Bitcoin is not made for that actually Bitcoin is a currency and I can say that the world is ready to accept Bitcoin as currency also if they want to.
No I don't think so that the world is ready for cryptocurrency because a large percentage of people still have no idea about what cryptocurrencies are and they depend on Fiat currency for the day to day transactions.Moreover cryptocurrencies are banned in some nations and since these are decentralized,nations do not support it.Cryptocurrencies are risky as they are very volatile.They also have a risk of getting hacked too.