Post
Topic
Board Altcoin Discussion
Re: The future of cryptocurrency.
by
bangjoe
on 01/03/2024, 04:46:37 UTC

the use of bitcoin will not be entirely accepted by the public for currency but to be an investment asset is very possible, so we only need to see the development of altcoins that will be directly in contact with the public for their needs, such as in web3 for example or other assets that can be connected to blockchain technology. I quite believe that all will not be disrupted, only certain parts can be integrated.

You're right to some extent but the public if not willingly then unwillingly , due to increase in transactions and development of the crypto world will be bound to accept it.The banking system when introduced was not accepted by the public on a large scale then Ultimately due to wide spread and quick development it became apparent.I think the same is the case with Bitcoin and other crypto currencies they have to be accepted due to increased interest and demand.

crypto market is revolutionising very fast and they are being used on a large scale in freelance sector for transactions.Itll increase more when the awareness will increase small venders and business owners will definately use it.
Yes you are right but if you compare it with banking also today it is not fully comprehensive throughout all corners, only from some of those who want to, and that is the synonym of logic. On the other hand also some transactions today do not fully use FIAT or banking products, there are still some people who make transactions with gold and silver for example but only a small part, so with crypto, it will only disrupt the part of society that has access (internet) and knows how to use it. and every generation era also happens like that.

However, I cannot deny the great potential in adoption, I like crypto, bitcoin and I know how to use it to make transactions, but for now most people still need a third party to trust, and yes it goes back to their respective mindsets.