Quote from: BitHodler on October 03, 2019, 06:44:41 PM

Quote from: peter0425 on October 02, 2019, 09:56:59 AM

And that same reason why governments are holding the fact that crypto is helpful but they hinder the adoption because not like fiat the have full control while in crypto they dont(but there are some centralized as well that they can hold in necks)

I don't think they necessarily hinder crypto adoption. People tend to overestimate how much demand there is for actual use of crypto, while in reality not many people actually need it as alternative payment tool.

Most people are here solely for the price action, which is why there only seems to be interest in crypto as long as the price goes up.... just wait for one or even two years of sideways price action, I'm sure people will get bored and leave.

The financial system in most developed countries is actually pretty solid in terms of convenience and usability. Who's going to censor your grocery payments? I personally never had any problems at all.

I think this way as well, governments are not really doing much to slow down adoption because as long as the system they have implemented keeps working most people do not see the need to use cryptocurrencies, in fact I have been asked that very same question by the few people that know that I like cryptocurrencies, they do not get why we need a currency that is not printed by the governments.

And the only way they will understand is when the system they think is infallible fails them and they need to find other options to preserve their wealth, but at that time it will be too late to save themselves from the failure of the current economic system.