It's been a decade since Bitcoin emerged as a decentralized digital currency for the people. While it's no secret that Bitcoin and other cryptocurrrencies have some drawbacks, they're still a great alternative to Fiat when it comes to making payments without a centralized entity in charge of our funds.
With latest advancements such as DAGs, smart contracts, Layer-Two scaling solutions, Dandelion Protocol, Zero Knowledge Proofs, and more, it's becoming more evident that crypto will someday replace traditional payment processors like PayPal, Apple Pay, and Android Pay. Yet, Blockchain technology is still struggling with user adoption and regulatory compliance.
Nonetheless, do you believe that there's hope for Bitcoin to beat traditional payment processors or will those same payment processors adapt to the Blockchain in the future?
Amongst all the tradable assets to watch for the past years, It has been bitcoin who stayed fascinating over any assets because of the heights it has been reaching making the cryptocurrency market sort off already knew what they will characterized with its volatility and ebb that's why questions like "Will bitcoin replace traditional assets in the future" is being raised, because it has been producing a very good reputation. But, despite of the growing number of crypto enthusiasts, the call for a massive and emerging adoption to bitcoin is still alive because its where the hard part is located. If the large adoption that enthusiasts, traders and investors will take place, the probability of replacing traditional assets will be high.With latest advancements such as DAGs, smart contracts, Layer-Two scaling solutions, Dandelion Protocol, Zero Knowledge Proofs, and more, it's becoming more evident that crypto will someday replace traditional payment processors like PayPal, Apple Pay, and Android Pay. Yet, Blockchain technology is still struggling with user adoption and regulatory compliance.
Nonetheless, do you believe that there's hope for Bitcoin to beat traditional payment processors or will those same payment processors adapt to the Blockchain in the future?