5 things #crypto must get right for mainstream adoption to happen

Crypto functions much like traditional fiat money, offering an easy way to pay for goods and services and compensate workers for their labor. What’s even more promising is that crypto offers a number of benefits over fiat, with its #decentralized nature eliminating the need for centralized intermediaries. Depending on the blockchain, transactions can be processed much more quickly than traditional payments are. 

1. More education

More people are beginning to show an interest in crypto and trying to understand how it all works. Respected educational institutions such as Stanford University and New York University now offer graduate college courses in crypto, and many #European establishments are going the same route

2. Regulatory frameworks 

Although some countries have made positive moves in the right direction, the reality is that crypto regulation is still incredibly #ambiguous and open to interpretation in most parts of the world.

3. Superior interoperability

One of the major drawbacks of most blockchains is their inability to talk to one another. If the world’s economy is to run on #blockchains , there must be a simple and reliable way for digital assets to be exchanged freely.

4. Better infrastructure

There’s a good reason why cars took several decades to surpass horses as the most common mode of transportation. Cars became a lot more affordable thanks to the production line innovations of entrepreneurs like Henry Ford, but the lack of infrastructure (namely roads) meant that there were few places where cars could be driven.

5. Stronger security 

Similar to volatility, a lot of people remain very wary of the potential security risks of handling cryptocurrency, which requires users to manage their funds themselves. Investors need to take care of everything themselves, creating strong passwords, setting up two-factor authentication and storing their seed phrases somewhere safe in case they lose access to their wallets