I was just wondering if one day it would be possible for cryptos such as Bitcoin (BTC) OR Ethereum (ETC) to become mainstream one day for people to use for day to day transactions on a daily basis. Because I heard that the people in Zimbabwe with their economic difficulties use cryptocurrencies as a means of trade.
Would the world adopt cryptocurrency as a means of transaction, what do you guys think?
Of course, cryptocurrency is considered as currency which has the eligibility/capability to become an alternative option for payments when having a transaction.
It is possible if they don't think the same way as China.
China adopted only blockchain technology and not included bitcoin.
BTW it is eth not etc.
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Impossible to happen, for bitcoin... It's already gotten too much bad attention (in the form of it is only used for drug operations or money laundering), and like many other people have said, a lot of the features just don't allow this to be possible.
Although, an interesting option would be ETH. A lot of the programming and new tokens that are done on the platform make it an interesting business platform, and a lot of its features like fast confirmations could lead itself to be seen in real-life scenarios.
Fiat currency is also being used in illegal activities, bitcoin was known due to bad usage of it but I don't think that it will become impossible for it to happen due to this reasoning. Their mindset can be changed if they realize and understand its true function.
ETH is really a good option, no questions about it. But there is a lot of consideration that should happen first before it happens, like regulations when creating new crypto using smart contracts.