Crypto Wallets- One Improvement to Rule them All
November 16 2018 - 12:37PM
InvestorsHub NewsWire
Bitcoin Global News (BGN)
November 16, 2018 -- ADVFN Crypto NewsWire -- As of now, we have
reliable digital wallets for our Crypto. They are even quite easy
to use if you do not mind reading and typing the long public and
private keys to transact.
Still, we as a Blockchain industry
represent a very small percentage of the world. The easy-to-use
wallets that we have now have not exactly brought about widespread
adoption and it is not off-base to wonder why.
This year, especially with our
lengthy bear market that we are still experiencing, a strong
argument can be made to easily answer this question. What this
comes down to is you asking yourself: can we pay for our gas or
even our bills now, with Crypto?
What about our
groceries?
Related to this, can you walk into
a grocery store and see the price of milk listed in a
Cryptocurrency? Except in very special cases like when you can buy
a grocery store gift card with Bitcoin, this does not even get
close to being the case. Furthermore, in terms of prices being
publicly listed in Bitcoin in high traffic places, the answer is
still no, not yet.
Why are we mentioning all
of this?
The intend is to leave you with one
simple conclusion. Until someone figures out how to more directly
tie Bitcoin and really any other Cryptocurrency with these parts of
our daily lives, then we will continue to fail to attain widespread
adoption. People need to see Crypto as something normal, something
that at least fits alongside fiat currencies in the same contexts,
for the short term.
In short, people need to see
Cryptocurrencies as a necessity, just as much as gas or electricity
are necessities. Until we need something like Bitcoin to adequately
live, we are not there quite yet.
By: BGN Editorial Staff
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