Why is crypto still not adopted by the masses?

in cryptocurrency •  8 years ago 

 

Hi Steemians,

 I was thinking the other day how cryptocurrency is still far away from mass adoption, which i think is weird.Bitcoin, is now almost a decade old. Satoshi released the Bitcoin Whitepaper in 2008. We're almost 2017 and in terms of mass adoption not allot has happened.


You often hear this analogy with the internet, people like to compare the rise of blockchain technology with the internet itself. While its true that there are certain similarities with the net itself, the difference is that the internet didn't take this long to reach wide spread adoption. 

 

Suspicion

 Many people simply aren't open to the idea of cryptocurrency. I recently tried persuading a vendor in my street to start excepting it in his store. After explaining to him what Bitcoin is and how it works and that he doesn't need to invest in it to become part of it he just looked at me like i was trying to sell him something.
It's as if everything has to be served on a platter by a company for people to except it or even notice it.

People are soooo used to buying stuff from companies that when something new comes along they instantly think that its another company trying to sell them something. It's like the majority has to be spoon fed.
I had a hard time explaining a friend of mine that Bitcoin is not owned by a company. And that he doesn't need to make an 'account' or whatever.

 

Steemit

It has been said a few times that Steemit might indeed be the perfect gateway to crypto for the masses. But people are going to have to start waking up though, i informed friends of mine of Steemit a couple of weeks ago and they still havent made an account. Its as if people are sleeping, or they've stopped believing in change. 

 One thing i've noticed though, and i have said this in previous posts, is that there is money being made from nonsense. When people start writing serious articles and invest their time in producing great content only to find out that a make up tutorial is making 20G's while their content is barely noticed it creates disillusionment in the fairness of the platform.

Then again, before i was using Steemit i was posting all of my work online and i wasn't making anything so at least Steemit is giving us a chance to monetise our content in a groundbreaking way. 

 Bottom line is that crypto, in my opinion, still has a looooooong way to go. And anyone who has ever tried to explain cryptocurrency to the uninitiated knows exactly what i'm talking about.

#steemit #steem
 

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For crypto to really take off , the great unwashed masses need to be using a system without knowing they are using blockchain or cryptocurrencies.

SteemIt is close, but not there yet.