Will CryptoCurrency go mainstream in the future?
It is just a matter of time before goes CryptoCurrency goes mainstream!
When people think of CryptoCurrency they immediately think of Bitcoin and that’s because it’s the grandfather of all CryptoCurrency.
However. like all great new innovations these things evolve and improve and also take time to filter into the general publics imagination.
Every day that goes by the world moves closer to adopting new technologies and eventually CryptoCurrency will be adopted by the mainstream.
But here’s the important things. in order for a CryptoCurrency to go mainstream it has to meet certain criteria.
For example it has to be transparent and it has to be regulated and it has to be able to reach millions of merchants globally.
Bitcoin is a deregulated non compliant system of peer to peer digital currency. It is old technology very slow in transaction times and is not connected to a system that makes it useable by the masses. it is also not secure as we have seen many instances of theft through hacking.
Bitcoin is really a very small idealistic underground movement that wants to see money taken out of the control of governments and institutions.
This is a noble concept but never the less a concept that will never be adopted by the masses and for good reason!
In a civilised society where rule of law is to be maintained the safe secure and transparent free flow of money needs to be maintained.
Governments need to collect taxes they need to stop money laundering and criminal use like arms dealing and drugs. It’s hard enough for the powers that be to stop illegal activity with Fiat currency let alone an underground currency like Bitcoin.
So this begs the question what will replace Bitcoin as the number one CryptoCurrency in the future?
Well it will be a currency that is fully transparent and fully regulated and which has connectivity to millions of merchants around the globe and is fast and secure.
It will have to be able to be adopted by banks, governments, financial institutions and controls and checks and balances will need to be in place to protect consumers.
Well the day has arrived and the technology has been created and the infrastructure has been built.
The world is changing and people have to change with it.
Much like Apple took the mobile industry by storm and replaced the outdated Nokia phones #DasCoin is ready to replace BitCoin and become the number one CryptoCurrency!
It has all the criteria needed to be adopted by the masses!
It’s regulated and transparent and it has the access to a 50 million merchant network and is super fast with transactions completed in just 6 seconds. It’s Blockchain technology will be audited and it will be compliant to the rules and regulations and laws that civilised societies operate in.
It’s blockchain has the utility that companies need and it is growing the network of users at lightening speed.
A wise person will see the writing on the wall and understand that Bitcoin is not the end game but just the precursor to DasCoin and although it will have limited capability and will remain the number one for a while longer the new kid on the block is about to take control of the CryptoCurrency neighbourhood!