I was just wondering if one day it would be possible for cryptos such as Bitcoin (BTC) OR Ethereum (ETC) to become mainstream one day for people to use for day to day transactions on a daily basis. Because I heard that the people in Zimbabwe with their economic difficulties use cryptocurrencies as a means of trade.
Would the world adopt cryptocurrency as a means of transaction, what do you guys think?
not only on Zimbabwe, in some country many platforms accept payment via bitcoin. some stores, transportation, service, and in every country there are many people use this method with a small area. a lot of people just don't know about bitcoin, what exact bitcoin is. so, the spread of bitcoin is not equally
I think bitcoin is already popular but when it comes to using it in our daily transactions, we might find it hard realizing it. The volatility is there that keeps its price always changing and its transactions are still not traceable. People will adopt bitcoin and ethereum but it will take a lot of time for it to be fully adopted.
Yes, what we need is more adoption. This is the only way for bitcoin to be mainstream. If more shops are accepting it, the people will opt to choose bitcoin. We need to encourage more establishment, another different sector to use, utilized and accept bitcoin. But as for the rate of adoption, we see more in the coming years. Remember China is open to this technology already.
Well, the trend of using bitcoin and similar cryptocurrencies is gradually gaining the hearts of many users, most successfully as you say, many countries accept, continually use and allow businesses to businesses and companies feel about bitcoin and crypto. And with such huge attraction, I also believe that in the near future, currencies like bitcoin will appear more in daily transactions but of course, the mainstream is still for fiat is more, bitcoin and other cryptocurrencies can not change this position when users understand what is most appropriate and safe for them.