He believes it could happen if mainstream companies put a mere 1% of their holdings into the market.
The cryptocurrency adoption rate is hard to research because of the private nature of cryptocurrencies. Still, there are some things that can be established about what may be slowing down cryptocurrency adoption. As a lot of blockchain platforms have stated, cryptocurrency awareness and education are not yet high enough to lead more people into the industry. Some people don’t even know what cryptocurrencies are, some lack the information about what it may be used for and some see no benefits of it at all. But people well-educated in cryptocurrency do have their own doubts about it, as cryptocurrencies have shown a lack of stability. Cryptocurrency investments and its use as a payment tool is associated with risks. There are also some government events that slow down cryptocurrency adoption, with governmental restrictions on the use of cryptocurrency for businesses and financial institutes.
The country is relatively new to crypto adoption, but is building momentum quickly.7519
While crypto firms have been trying to build the crypto equivalent of PayPal, the company itself will soon enter the industry.3182
JPMorgan Chase now recognizes blockchain's profitability and has created a new business dedicated to digital currency and blockchain work.6296
The company is testing a new blockchain pilot that would give customers the power to track their beer’s barley by the bottle.7667
The Governor of the Central Bank of Kenya told reporters the institution is "already feeling left out."12360
He doesn't seem to think China is that far ahead of the USA when it comes to blockchain development — at least for now.30855
They said that real adoption of the asset class "hasn't even started."27109
PayPal coming to crypto is big news for adoption, says the investor.31694
The parliament member claimed that there are no anti-blockchain voices in the Russian government5048
Sergey Nazarov: there is a demand for Chainlink VRF from other chains like Matic.6734
Bitstamp is replacing its CEO for the first time since the company’s establishment.4005
Member-led working groups are helping define security standards for tokenized use cases.5212
News of PayPal’s support for crypto assets has triggered a rally in the markets, with Bitcoin trading above $13,000 for the first time since July.10276
Enterprise DeFi use could see a rise in 2021, but only if tokenization standards catch on with the mainstream.6808