11-22-2021, 12:33 PM
What do you think is the biggest obstacle to crypto mass adoption?
<!-- SC_OFF --><div class="md"><p>My friends and I got together for drinks the other night. We all dabble in crypto somehow (I hodl, others do DeFi, play games etc.) so we got to thinking: what’s stopping crypto from going all out in mass adoption? Here’s what I remember us talking about: </p> <ul> <li>Obviously, shitcoins. </li> <li>Barrier of entry, since games like Axie Infinity need a substantial investment just to get decent ROI. </li> <li>Regulation, especially since big companies getting into crypto might mean legalization, more rules, and even taxation.</li> <li>Lack of cross chains, because nothing’s more confusing than having to zigzag across multiple wallets just to get transactions done.</li> </ul> <p>Personally, I’m sticking to my guns with lack of cross chaining. I’m not sure we have anything else reliable outside Polkadot, and I read a <a href="https://twitter.com/CelerNetwork/status/1461218514769887232">tweet</a> that Celer Network just passed a milestone to get closer to a shared blockchain ecosystem. But I’m not sure if either of them are that widespread?</p> <p>Since it was getting morning and Googling wasn’t helping, a friend suggested I consult the sub instead lol so here I am.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/EnaGrimm"> /u/EnaGrimm </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qz9y1t/what_do_you_think_is_the_biggest_obstacle_to/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qz9y1t/what_do_you_think_is_the_biggest_obstacle_to/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>My friends and I got together for drinks the other night. We all dabble in crypto somehow (I hodl, others do DeFi, play games etc.) so we got to thinking: what’s stopping crypto from going all out in mass adoption? Here’s what I remember us talking about: </p> <ul> <li>Obviously, shitcoins. </li> <li>Barrier of entry, since games like Axie Infinity need a substantial investment just to get decent ROI. </li> <li>Regulation, especially since big companies getting into crypto might mean legalization, more rules, and even taxation.</li> <li>Lack of cross chains, because nothing’s more confusing than having to zigzag across multiple wallets just to get transactions done.</li> </ul> <p>Personally, I’m sticking to my guns with lack of cross chaining. I’m not sure we have anything else reliable outside Polkadot, and I read a <a href="https://twitter.com/CelerNetwork/status/1461218514769887232">tweet</a> that Celer Network just passed a milestone to get closer to a shared blockchain ecosystem. But I’m not sure if either of them are that widespread?</p> <p>Since it was getting morning and Googling wasn’t helping, a friend suggested I consult the sub instead lol so here I am.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/EnaGrimm"> /u/EnaGrimm </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qz9y1t/what_do_you_think_is_the_biggest_obstacle_to/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qz9y1t/what_do_you_think_is_the_biggest_obstacle_to/">[comments]</a></span>Kind Regards R