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Crypto taking over web trade

Dilip

Dilip

Administrator
What are the chances that Cryptocurrencies would one day take over as the primary medium for web related transactions? Do you think that chances are solid for such a scenario?
 
I believe that there is a possibility of cryptocurrency becoming very dominant as a primary medium for web-related transaction but I don't think it is going to take over completely because there are still a lot of people who are not willing to compromise when it comes to using cryptocurrency. This is because they don't understand technology behind it on how it works.
 
The problem is, most governments dislike such a situation. That is going to pave way for policies restricting such changes.
 
Dilip said:
The problem is, most governments dislike such a situation. That is going to pave way for policies restricting such changes.
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The high volatile nature of cryptocurrencies is one of the issues most governments are not letting cryptocurrencies have their way. It is going to take time, but let's watch how it goes.
 
When all the government of world doesn't want to accept the use of cryptocurrency, I don't see this happening ever. Cryptocurrency will become popular, in fact it's already popular but it won't dominate.
 
Dilip said:
The problem is, most governments dislike such a situation. That is going to pave way for policies restricting such changes.
Click to expand...
They have had a change of heart recently with what's going on as it's very clear Trump and Kamala are backing cryptocurrency. Desperate time calls for desperate measures.
 
I've supported cryptocurrency ever since they burst up on stage. I believe that in the future, it is going to be a major stakeholder in whatever that is happening in the world of trading.
 
I believe that cryptocurrency will never take over web trade but it will be the major trade transaction path in the future; a very big stakeholder that whatever is happening in the world, cryptocurrency will be number one part for it.
 
William said:
I've supported cryptocurrency ever since they burst up on stage. I believe that in the future, it is going to be a major stakeholder in whatever that is happening in the world of trading.
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Yes, it will surely be the major stakeholder in the world of trading but I don't believe that other means of trading will be wiped out or taken over. Some people still likes to trade with other means.
 
I think crypto will become more common online, but I don't see it replacing traditional payments completely. I expect both to coexist for a long time.
 
Kevin said:
I think crypto will become more common online, but I don't see it replacing traditional payments completely. I expect both to coexist for a long time.
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Yes. Traditional payment methods will be there because there are many who can never feel comfortable trading cryptocurrency at this time even when you tell them about all the benefits.
 
Henry said:
Yes. Traditional payment methods will be there because there are many who can never feel comfortable trading cryptocurrency at this time even when you tell them about all the benefits.
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The only reason that people won't feel comfortable with trading cryptocurrency at this time will be the negative side of what happens when they try to sell theirs off. They can be scammed or even blocked from getting their money. As for traditional method, it will exist till eternity.
 
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