Do you think crypto should be accepted by all?

[Henrywrites]

I have been observing how a lot of people are behaving towards crypto coins. There are people that thinks it is a scam while others believe that it is a very high risk investment. Do you feel everyone should embrace it or not?

 

[Kennysplash]

I wonder how a world where cryptocurrency is accepted by everyone will be. It will solve a lot of issues regarding payment.

 

[veloman]

As someone who used to be "into" crypto, I don't see it happening. I've yet to see a practical, real world use for it outside of niche circles.

As annoying as it might be, the current economic system - of sovereign currencies, banks, financial instruments, and so on - is perhaps the best way we've managed. It's a bit like capitalism as a whole, it's a pretty rubbish way of doing thing... but it's the only one that has proven to just about work (albeit with bits of other economic systems thrown in). Likewise non-crypto money somehow works, so why try and fix something that isn't broken, nor proven in the real world?

 

[Ravenfreak]

I think one day more and more people are going to switch to using Crypto over other forms of payment. Right now it's mainly used among a certain niche of people, and unfortunately, it's mainly used on the dark web for illegal purchases since it's hard to track.

 

[Shortie]

I can understand why so many people at the moment do not embrace it and do have their worries. I do still myself and will not jump into anything crazy unless I know for sure it will be something that will not end up being a scam.

I feel as though cryptocurrency such as Bitcoin has proved itself and I would like to see more people embrace it as I feel it could help so many to invest if they were able to but at the moment, I don't think it's going to be something they will embrace and accept for a long time yet.

 

[Tracy]

When. Hell. Freezes. Over.

 

[Empire]

Should be available for those that use it however not for all. I do not use it. So many people like the old cash in hand and also most might not understand it.