Crypto has been gaining traction in recent years as more and more people become aware of its potential, shares Earnity CEO Dan Schatt. However, there are still several obstacles to overcome before it can be mass adopted. One of the biggest issues is accessibility.
Most people are not familiar with crypto and how it works. This can be a barrier to entry for many potential users. Additionally, even those familiar with crypto may not have easy access. Exchanges can be complicated and intimidating for newcomers.
The role of education
There are also concerns about the security and safety of crypto. Many people are hesitant to put their digital assets in something unstable and unregulated. These fears need to be addressed for mass adoption to take place. Global users need to learn more about the field to combat such fears. Crypto education is one of the best answers to the accessibility issue. According to Earnity’s Dan Schatt, crypto has the potential to revolutionize the way individuals interact with the digital world. However, it will only achieve its full potential if more people access it. Education and simplification of exchanges are key to making this happen. With these steps, crypto can become a truly global phenomenon. Read More
The weight of user experience
Aside from education, one of the factors that heavily influence crypto mass adoption is user experience or UX. The ease or difficulty of platforms for first-time crypto users and site navigation definitely play a crucial role in whether or not they will continue using them. If the current exchanges are too complicated, there needs to be a simplification of the process. Once people can access and use crypto easily, the world will start seeing more widespread adoption, mentions Dan Schatt of Earnity.
It’s no secret that informed and educated users stick with crypto longer than those who may be overwhelmed by digital currency. Therefore, finding ways to make crypto more accessible to everyone is important.
