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[AudraMiller]

There is a thought that i have that i have been pondering for a few weeks now. There are many that say that bitcoin and other crypto, when adopted, will be able to promote the relationships that exist between the various countries and allow for easy flow of currencies between their financial systems. However, there are many countries that may not be able to be included in such due to their lack of infrastructure to support crypt. For example, it is believed that crypto should be the main form of payment as it is easier to use, however there are many regions that don't have the access to the internet and the other services that are essential to operate the crypto network. Do you think that perhaps the infrastructure in the world may be a huge hurdle in crypto adoption?

In order for crypto to be globally adopted, will all countries need to have similar infrastructures and technological advancements? What are your thoughts?

 

[Brain]

I think so too, countries will need to be technological advancement for all regions to participate. But a lot of countries will; key in since technology isn't that bad in most countries

 

[Wisdom01]

I think that almost everyday the infrastructure of each country is improving ,well it might be a barier because most people in the rural area lack basic amenities , but i know that with time everything would be okay because now adays there is solar panel to generate electricity

 

[AudraMiller]

I think that almost everyday the infrastructure of each country is improving ,well it might be a barier because most people in the rural area lack basic amenities , but i know that with time everything would be okay because now adays there is solar panel to generate electricity

Solar power is a very good way to go, and personally i have noticed that many of the houses that are being built now, even the low cost housing for those that are under priveledged are also starting to contain solar panels. In the long term it is definitely a good idea to generate electricity, but to convert for an electricity household to solar power can be off putting by the large initial investment that can take a very long time to realize.

 

[CrazySher]

There is a thought that i have that i have been pondering for a few weeks now. There are many that say that bitcoin and other crypto, when adopted, will be able to promote the relationships that exist between the various countries and allow for easy flow of currencies between their financial systems. However, there are many countries that may not be able to be included in such due to their lack of infrastructure to support crypt. For example, it is believed that crypto should be the main form of payment as it is easier to use, however there are many regions that don't have the access to the internet and the other services that are essential to operate the crypto network. Do you think that perhaps the infrastructure in the world may be a huge hurdle in crypto adoption?

In order for crypto to be globally adopted, will all countries need to have similar infrastructures and technological advancements? What are your thoughts?

Yes, there are many countries who banned crypto, who don't have internet access , and some, who give access to crypto partially as in India crypto trading has been banned, but you can send and receive crypto.

 

[Wisdom01]

Solar power is a very good way to go, and personally i have noticed that many of the houses that are being built now, even the low cost housing for those that are under priveledged are also starting to contain solar panels. In the long term it is definitely a good idea to generate electricity, but to convert for an electricity household to solar power can be off putting by the large initial investment that can take a very long time to realize.

I think they would have to consider it after analyzing the amount of money they spent on buying patrol and others , so they have to save some few cost and also with solar panel they can run crypto trading since there is electricity

 

[AudraMiller]

I think they would have to consider it after analyzing the amount of money they spent on buying patrol and others , so they have to save some few cost and also with solar panel they can run crypto trading since there is electricity

This is true. Crypto trading is a good way to get involved and to profit from the crypto world, however once again the infrastructure required for that trading will also involve education which can be a huge gap when it comes to those that are unfamiliar with technology or have no prior financial experience of any kind. This can make it a huge learning curve and additional infrastructure is then needed to teach these people how to profit of this venture as well.

 

[Josemendez]

There is a thought that i have that i have been pondering for a few weeks now. There are many that say that bitcoin and other crypto, when adopted, will be able to promote the relationships that exist between the various countries and allow for easy flow of currencies between their financial systems. However, there are many countries that may not be able to be included in such due to their lack of infrastructure to support crypt. For example, it is believed that crypto should be the main form of payment as it is easier to use, however there are many regions that don't have the access to the internet and the other services that are essential to operate the crypto network. Do you think that perhaps the infrastructure in the world may be a huge hurdle in crypto adoption?

In order for crypto to be globally adopted, will all countries need to have similar infrastructures and technological advancements? What are your thoughts?

The nature of cryptocurrency which includes it's volatility , it's need for internet access has made it a big challenge for most people to adopt the use of it

 

[Wisdom01]

This is true. Crypto trading is a good way to get involved and to profit from the crypto world, however once again the infrastructure required for that trading will also involve education which can be a huge gap when it comes to those that are unfamiliar with technology or have no prior financial experience of any kind. This can make it a huge learning curve and additional infrastructure is then needed to teach these people how to profit of this venture as well.

True i think you are right and i guess another obstacle should be education ,but i know quite well that you might not need much education to be able to start crypto trading , if you know how to read and write

 

[AudraMiller]

True i think you are right and i guess another obstacle should be education ,but i know quite well that you might not need much education to be able to start crypto trading , if you know how to read and write

In my opinion, crypto trading requires a lot of education because you need to know the signals to look out for and how to read the market. So i think it goes beyond reading and writing if you are looking to trade profitably and comfortably in such a way that you are able to gain a profit that can be considered to be an income source.

 

[Wisdom01]

In my opinion, crypto trading requires a lot of education because you need to know the signals to look out for and how to read the market. So i think it goes beyond reading and writing if you are looking to trade profitably and comfortably in such a way that you are able to gain a profit that can be considered to be an income source.

I am talking about learning crypto currencies , like for instance when you know how to read and write , you won't have issues i think with crypto trading knowledge , it would be easy for you

 

[achawaskey]

I think having all the infrastructure is not necessary, only have the basic once which is internet, when it comes to technology advance, all country can not meet up at once, but when given time they will have.

 

[Niftyicon]

You are right in your observation. In my home country, there are still some areas where 'civilization' hasn't reached and there is almost no knowledge of smartphones or other smart gadgets, so how do these people fit in where global acceptance is concerned?

 

[Kunkun]

I think the underdeveloped countries mostly here in Africa could pose a problem in its adoption but still if those countries really wanted it, there are alternatives and solutions

 

[AudraMiller]

I think the underdeveloped countries mostly here in Africa could pose a problem in its adoption but still if those countries really wanted it, there are alternatives and solutions

I agree with you. There is always a way in which it can be implemented in continents like Africa, and i think that the first step in which to do that is to start to improve the various infrastructures or offer it in the more developed cities to start the adoption process.

 

[Kunkun]

I agree with you. There is always a way in which it can be implemented in continents like Africa, and i think that the first step in which to do that is to start to improve the various infrastructures or offer it in the more developed cities to start the adoption process.

Exactly, if most African countries especially the underdeveloped ones start to improve on their infrastructure and be more open to crypto, it's a good start then

 

[AudraMiller]

Exactly, if most African countries especially the underdeveloped ones start to improve on their infrastructure and be more open to crypto, it's a good start then

I think that this is likely to happen when Africa sees the other countries around the world start to adopt and accept cryptocurrency fully. At the moment apart from infrastructure i think that many governments are also raising concerns about the regulations of crypto as well.

 

[Kunkun]

I think that this is likely to happen when Africa sees the other countries around the world start to adopt and accept cryptocurrency fully. At the moment apart from infrastructure i think that many governments are also raising concerns about the regulations of crypto as well.

Yeah, Africa usually follow in the footsteps of other countries especially America and Europe, the earlier the world as a whole accepts Bitcoin the better

 

[Niftyicon]

I think that this is likely to happen when Africa sees the other countries around the world start to adopt and accept cryptocurrency fully. At the moment apart from infrastructure i think that many governments are also raising concerns about the regulations of crypto as well.

It should be considered that some countries still have a long way to go when it comes to educating the populace. There are still so many illiterates that may not even understand the concept of cryptocurrencies not to talk of expecting them to use the currencies.

 

[BullyMaguire]

I think not impossible but it will take a lot of time.. it's not even 20 years yet since Cryptocurrency has been introduced. It's still early i think