I can't count on my fingers, the numerous barriers posing as hindrance to the wider range of crypto adoption in various countries or globally.
The most significant hurdle and challenge to worldwide crypto acceptance is the government's desire to regulate it. And if it is not practicable for them, crypto will not be embraced, and if it is, it will be in the far future. However, this does not prevent its gradual adoption, use, and popularity. That alone indicates that the future of cryptocurrency is an encouraging development.
We can argue that the crypto industry is still relatively new, but what roles are exchanges playing or what are they doing to foster its adoption amidst these various challenges?
I've heard of numerous exchanges promoting blockchain technology and assisting schools with educational materials and opportunities to learn about blockchain technology. We are aware that some of these exchanges are centralised and cannot be trusted in terms of privacy and complete security of our funds, but we cannot deny that they have contributed to the global spread of cryptocurrencies in their own method. Their roles are critical in hastening adoption, but we must not lose sight of the primary benefits of owning crypto, which are privacy and security.