Post
Topic
Board Bitcoin Discussion
Re: How can we accelerate the mass adoption of crypto?
by
freedomgo
on 22/10/2021, 23:56:45 UTC
I just saw this topic "What problems in Bitcoin's infrastructure prevent it from being adopted more easily?". All the answers were really interesting, mentioning the lack of regulation, volatility, ignorance, etc.

My question is: How can these problems be solved? And is it ever possible, what do you think?

In my opinion, regulation, practicality, and stability are definitely required for the mass adoption of crypto as a payment method/currency.
What are your opinions on this?
What comes to volatility, it is already solved as there are stable coins that are not volatile at all.
Ignorance can be solved just by people themselves. If all people start learning about crypto (at least how to use it for payment), we will exclude ignorance.
As for regulation, some countries are just have to adopt crypto as their national currency because of a weak economy.But some countries can't put up with bitcoin that is decentralised and uncontrolled, so they continue forbidding it.
Not all places in the world had been reached out by internet which means that not all would really be aware on its existence but somehow it is really just on small part if we do talk about full scale adoption.

We cant really make it fast because this is something that moves naturally basing on the exposure and awareness of people in regarding into its existence.For now lets just wait and how this market
moves and reconsiders on being adopted by certain industries which could highly or likely to happen in the future considering these current adoption condition.
I agree on you. We can't push through crypto adoption just the way we want it to be knowing not all countries are already aware about crypto existence. Admit it that there are still those countries that are not yet fully civilized, and is still naive about crypto so we can't let them adopt crypto as they don't even know it in the first place. One thing i am certain to be able to accelerate mass adoption of crypto is getting the whole world first educated on crypto and knowing its advantages once it became a currency. Once the citizens will start gaining insights on crypto, then we  can start promoting crypto not just as an investment but more on its currency functions.