Will Bitcoin or cryptocurrency be widely accepted?

[cryptolover45 1187]

Now Bitcoin are accepting many country and will be accepted world wide very soon. Now many people know about cryptocurrency, specially Bitcoin are famous in whole world. We can say cryptocurrency is the future money for next generation.

[RoyalHouse01 9]

You are right it is a long time since the cryptocurrency is been created and from that time till now it is not been accepted by most of the countries it will be very hard for it to be accepted by all of the countries in future too.

[Razan alikac 1899]

Any country that cares about the interests of its country and its people will accept cryptocurrencies, help to deal with them easily, encourage dealing with them, and open the doors for new projects that support the cryptocurrency because in this support the country's economy and its development and increase its income and from the most acceptable countries for cryptocurrencies such as Switzerland, the United States of America, Japan and Germany

[Jack0009 626]

I think bitcoin and cryptocurrency will always be acceptable.  Bitcoin is a digital currency.  Bitcoin is one of the best cryptocurrencies. Bitcoin is a very valuable currency.  People are getting many benefits and earning good money through cryptocurrency.  So I am hopeful that bitcoin and cryptocurrency will always be acceptable. Thank you.

[babagimba45 81]

It is very possible for crypto to get regulated in the world but one thing that won't happen is for it to replace fiat. Governments would never allow it to replace fiat because they would lose control of the financial sector.

[koynayak 1923]

We all have the same question. I think crypto still needs some time but in the end crypto will be accepted widely.  Every year bitcoin and other cryptocurrencies became more famous. I think asia is giving more priority to the cryptocurrencies. After asia europe can use crypto widely.

[amxolib3 358]

Somewhere within five years I think Bitcoins and cryptocurrencies will be accepted worldwide because of the growing population that trusts and demands and uses it already. It'll take some time to be widely accepted and accessible but it will surely come as it has a great future. 

[Wanderdark 2178]

Greetings. As we can see at the latest steps taken by the PayPal, which is the world's leading payment option provider that accepting crypto as payment options, it has already started to become massively wide. I am almost sure that the rest of the payment providers will follow up on PayPal's steps. So the answer to your question is absolutely yes. 

[MahimaMariam 919]

I think both can widely accepted. There are lots of online stores which accepts cryptocurrencies as payment like Amazon etc... It is just starting and it is growing too all over the world. 

[Sherrybhai 385]

As the world is becoming modern , the way of earning and savings is also turning into the modern way . Cryptocurrencies or bitcoin is not been accepted yet . Some of the countries have some restrictions to use crypto currency . But almost 70 percent of the world is now moving forward with cryptocurrencies. They're been investing and earn a handsome amount of profit From here.  I think so that it should be accepted world wide . And it will be .

Edited November 23, 2020 by Sherrybhai

[abd1992 960]

On 10/8/2020 at 2:07 PM, oussama23 said:

Bitcoin and cryptocurrency has bloomed since 2009. Will it be accepted and regulated by the central bank to be used as trading mechanism in the near future? Albeit there has been minimal informal usage of Bitcoin in some trading.

 

Also, which country would be possibly become the first in regulating the use of cryptocurrency in daily transaction?

Many countries have started accepting Bitcoin. A lot today began to deal with it. It has been accepted, and this is auspicious that Bitcoin will expand.

[Upright 2688]

The adoption of Cryptocurrencies will actually talk time before every nation tend to use as a part of a trading currency as it's going to take time and major regulations as how a nation might actually take on having to adopt Cryptocurrencies

[Zaigham Abbasi 007 220]

The crypto currency demand increases day by day and in future it will be the most powerful digital currency in the professional world and governments will accept it. The future of crypto currency is safe and bright our new generation would lead it. Many people have many crypto in their wallets and day by day they increases their work because they now next becoming powerful marketing currency will crypto.

[Ayatudima 18]

This currency will be accepted because many people now have them in stock and the demand for it will bring about it's acceptance. Although government will want to regulate it through tax and other means

[Iman33 0]

In my opinion, Bitcoin will be the currency of the future, and I believe that its use and circulation will become widespread all over the world due to the rise that it is witnessing during these days

[Raven 7817]

On 10/8/2020 at 8:07 PM, oussama23 said:

Bitcoin and cryptocurrency has bloomed since 2009. Will it be accepted and regulated by the central bank to be used as trading mechanism in the near future? Albeit there has been minimal informal usage of Bitcoin in some trading.

 

Also, which country would be possibly become the first in regulating the use of cryptocurrency in daily transaction?

There's a big chance that bitcoin or crypto currency will be accepted in many countries in the world. Nowadays we can find this bitcoin or crypto currency as an very popular job in the internet because of this pandemic, as long as the problem in every country are not yet resolved, there's a chance that bitcoin will be accepted in many countries because of lack of jobs. That's what I think.

[TimopheyKa 3900]

Of course it will, I believe that all this needs time, we just need to wait for the moment! After all, as we know, in many countries, cryptocurrency is already allowed, and many even use the blockchain system in their countries, and this is very cool! I believe this has a future!

[Lokeloke 576]

Crypto currency is a decentralized currency and it has not been accepted widely but yet it is widely used, some company flagged against crypto currency because they fear it may depreciate their currencies

[Sherrybhai 385]

As the time is passing every person is talking about crypto . Even almsot in every country. I th8nk it will be legal work world side soon . People can fake it their full time job as well , trading is on trending . It will be accepted for sure.people love to invest minimum  in bitcoin  as a starter.

[matias estigarribia 1605]

Cryptocurrencies have been growing by leaps and bounds in recent years and I have no doubt that in the future much of the economy will be handled with cryptocurrencies. This is complicated because power is always hindering cryptocurrencies, but whatever they do, they will not be able to stop this great momentum.

[John smith 331]

People tired from physical currencies and they want to adopt technology and now days people are cashless and everyone have atm card but i think after 10 years everyone will give preference to online payments bcz they know what is the power of technology. 

[Sp19a1ma019 1076]

No dear but in the future it will take place for the most usable currency. We are going to the digital world. 

[Zafar123 906]

As of today, many establishments and companies are now accepting bitcoin and other cryptocurrencies. ... Lastly, we should expect in the coming years all countries will now accept bitcoin and other cryptocurrencies.

[mr. chase 417]

Yes with time passing generation are moving from bitcoin and cryptocurrency. Most of educated and standard family mumber want to deals with bitcoin. So many countries are dealing with bitcoin and cryptocurrency. So we can say that bitcoin and cryptocurrency will use worldwide. So aim and struggle is so important to promote and awaerness between people. 

[alaarami 103]

Bitcoin currency has a very large acceptance among people as many and many people own that currency, as these currencies were stored in the wallet, and today we are in a new stage, which is a stage that sets the currency in the country in order for it to be accepted.