Random Blog on Crypto (Part 80) : Cryptocurrency adaptation in USA (Part 02 of 04)

in Tron Fan Club7 days ago

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In today's episode of the series of discussions, I will share some negative aspects due to which crypto is being less adopted in the USA market. Along with this, I will share why and which group of people are adapting more to this technology. I hope that through the series of discussions, you will get an idea about this topic and in the next episode, I will try to summarize the whole topic with respect to many sectors.
With all the positive signs and adapation shared in the first part of the discussion still there are many problems. Crypto price goes up and down so fast. This is a common problem of this coin. It scare some peoples to invest. Hackers also try to steal from wallets and websites. From previous study, we can find that many peoples lost their money. So peoples want better safety and clear rule. This can obviously safeguard them like traditional financial system.

Government working to make it more secure. They trying to stop scam and bad activity. Rules about crypto tax also not clear in USA. Lots of people don’t know how to report earnings from it. IRS trying to solve that thing. They want peoples to follow tax rules. Some still don’t believe in crypto. They think only criminals use it. But that is totally wrong, I must say. Crypto can be use for good things. People can send money faster and cheaper. It give more power to normal users. Now more and more people knowing this truth. This is the adaptation and spreading. Young generation really liking crypto more as they have idea on this from their generation rather than the old age people. In that time, crypto based blockchain technology was not there. So, adaptaion and use by old is comparatively small where young generation got the idea early and adapted it. Young Generations are using crypto app and wallet easily. In future, crypto may grow even more in USA. It can change how peoples save and spend money. It will create huge impact on traditional financial system in the USA. There will be a comparison on Dollar based and Crypto based system. Crypto based system will win the race in USA in the upcoming days, I believe.

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