?For tonight we have the following question:
What type people do we need for the space to improve and what can be done for crypto to appeal to a wider market ?
I think the most important effect can be caused by people who are very famous and also a big company can cause this effect.
Just imagine when Microsoft decide to pay their employees' salaries with cryptocurrencies.This would be an incredibly large advertisement for cryptocurrecies and attracting a lot of people's attention but the problem start from here. Will cryptocurrencies be able to handle such a large attention ?There is no regulation and volatility is too much.
We have to sure they can trust Cryptocurrencies so we can get more attention here.
Actually it's all about trust.
People trust Microsoft or famous people. So ıf they come here ,then normal people will come here because they trust them.
Finally if we can create an environment that they can trust more, then more people will come here.
Hello Everyone, Are you aware that women or housewives working in both computer technology and other fields are staying quite far away from blockchain technology and digital money. They find the digital money market very insecure. Volatility in digital money markets is scaring them. If you can't convince women, there's no talking about the adoption of digital money or the use of blockchain.
The type of people that will be needed in the first place is of course financial literacy group. However, a financial that does not reach larger groups cannot be very useful. That's why we need safe and simplified tools.
I think crypto absolutely NEEDS more adoption. So for example, provide SDK. Make the UI simple and understandable, so that anyone that doesn't specifically know tech stuff can invest and can be part of crypto world. Crypto also needs to get rid of the volatility and whales that destroy the markets all the time, pump and dump coins ( and here I am ALSO refering to aritficial pump that a lot of crypto projects' devs/founders do themselves / or when the project gets to some millions of $, founder/devs dump on people ). I have to think more about this question as it can have so many answers, but hard to describe. But mainly, we need mass adoption and encourage people to use crypto. Partnerships with different companies, trying to create different products for them and so on.
I think the most important effect can be caused by people who are very famous and also a big company can cause this effect. Just imagine when Microsoft decide to pay their employees' salaries with cryptocurrencies.This would be an incredibly large advertisement for cryptocurrecies and attracting a lot of people's attention but the problem start from here. Will cryptocurrencies be able to handle such a large attention ?There is no regulation and volatility is too much. We have to sure they can trust Cryptocurrencies so we can get more attention here. Actually it's all about trust. People trust Microsoft or famous people. So ıf they come here ,then normal people will come here because they trust them. Finally if we can create an environment that they can trust more, then more people will come here.
Hello Everyone, Are you aware that women or housewives working in both computer technology and other fields are staying quite far away from blockchain technology and digital money. They find the digital money market very insecure. Volatility in digital money markets is scaring them. If you can't convince women, there's no talking about the adoption of digital money or the use of blockchain.
The type of people that will be needed in the first place is of course financial literacy group. However, a financial that does not reach larger groups cannot be very useful. That's why we need safe and simplified tools.
I think crypto absolutely NEEDS more adoption. So for example, provide SDK. Make the UI simple and understandable, so that anyone that doesn't specifically know tech stuff can invest and can be part of crypto world. Crypto also needs to get rid of the volatility and whales that destroy the markets all the time, pump and dump coins ( and here I am ALSO refering to aritficial pump that a lot of crypto projects' devs/founders do themselves / or when the project gets to some millions of $, founder/devs dump on people ). I have to think more about this question as it can have so many answers, but hard to describe. But mainly, we need mass adoption and encourage people to use crypto. Partnerships with different companies, trying to create different products for them and so on.