Topic: Apart from trading where else to use crypto? - page 3. (Read 2271 times)
Try sport betting or gambling with cryptocurrencies, there is no tax fee nor manipulate costs fee. I think this is great way to start using crypto if you are interesting in betting or gambling.
in my country, it can only be used for trade to carry out government transactions, it is still prohibited because the crypto currency has not been fully recognized by the government for transactions directly but one day it can certainly be done
Even if the government accepts crypto, I also do not think people will use it for different areas of life because volatility makes it very difficult to use, restaurants or other areas are also difficult to adapt to the values of crypto. In addition, everyone clearly understands that using crypto for personal spending is like selling the opportunity to make money for others, they will not foolishly do it unless they have no other options, crypto is still used for trading is the best and most suitable More than 90% of ICOs (still a wide margin) lack pure utility aside from trading values. Among freelancers, people may trade one crypto for another, but in a brick and mortar business scenario, crypto has little to no impact. For example if I walk into a store I could get the credit card and a few other payment options. Still, with the over abundance of crypto technologies and their native tokens, only a handful of stores have barcodes for bitcoin and a few other payment coin types.
I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.
Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?
Here in our country there are many ways that uses crypto coins for payment. We can use coins for paying online purchases, paying monthly bills like internet bill, electricity, water and some other utilities. That is why a lot of people in our place are now adopting crypto and now use to build business with crypto because it has lots of opportunities offer.I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.
Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?
Well, your country looks advance interms of technology. I hope our ountry make it that happened too, so that easy for us to used crypto to pay any bills and others without any convertion process to fiat. I believed the whole world will evolve amd crypto will used everywhere in business.
Well... Actually you can buy Verge and pay with it on PornHub 
It is joke. We will see the power of crypto when a new Internet become reality
It is joke. We will see the power of crypto when a new Internet become reality
now I am more concerned about storing crypto because the value will be formed and continue to increase from year to year, different from the value of money which is always decreasing due to inflation in each country. now there are many multi web wallets that hold more coins and tokens under one roof and this will make it easier for us to transact online to buy a product
For Low-cost money transfers
The most well-known benefit of cryptocurrencies is their ability to send and receive payments at a low cost and at a high speed. For example, a recent $99 million litecoin (LTC) transaction took only two and a half minutes to process and cost the sender only $0.40 in transaction fees. If this money transfer had gone through a financial intermediary the fees would have been much, much higher and the transfer would have taken several days, or longer if this was a cross-border transaction.
The low fees associated with transactions using digital currencies such as litecoin (LTC), stellar (XLM) or bitcoin cash (BCH) make them excellent payment systems for international money transfers.
The most well-known benefit of cryptocurrencies is their ability to send and receive payments at a low cost and at a high speed. For example, a recent $99 million litecoin (LTC) transaction took only two and a half minutes to process and cost the sender only $0.40 in transaction fees. If this money transfer had gone through a financial intermediary the fees would have been much, much higher and the transfer would have taken several days, or longer if this was a cross-border transaction.
The low fees associated with transactions using digital currencies such as litecoin (LTC), stellar (XLM) or bitcoin cash (BCH) make them excellent payment systems for international money transfers.
More than 90% of ICOs (still a wide margin) lack pure utility aside from trading values. Among freelancers, people may trade one crypto for another, but in a brick and mortar business scenario, crypto has little to no impact. For example if I walk into a store I could get the credit card and a few other payment options. Still, with the over abundance of crypto technologies and their native tokens, only a handful of stores have barcodes for bitcoin and a few other payment coin types.
I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.
Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?
Here in our country there are many ways that uses crypto coins for payment. We can use coins for paying online purchases, paying monthly bills like internet bill, electricity, water and some other utilities. That is why a lot of people in our place are now adopting crypto and now use to build business with crypto because it has lots of opportunities offer. I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.
Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?
More than 90% of ICOs (still a wide margin) lack pure utility aside from trading values. Among freelancers, people may trade one crypto for another, but in a brick and mortar business scenario, crypto has little to no impact. For example if I walk into a store I could get the credit card and a few other payment options. Still, with the over abundance of crypto technologies and their native tokens, only a handful of stores have barcodes for bitcoin and a few other payment coin types.
I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.
Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?
I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.
Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?
In fact there are many places ( mainly online ), where people can pay with cryptocurrency, but to pay milk and bread in your local store you will need to wait some time. Actually it all depends from country to country, there is places you can pay with crypto by buying coffee, donut or even bread&milk and make haircut maybe. It is important to know we are just at the very beginning in the application of this technology, maybe 1% of world population is using cryptocurrency in one way or another.
Fiat is still main currency, and it will be probably for a long time - big changes do not happen overnight, they may last for decades.
As of now in our region billings and some stores are accepting bitcoin but more and more are planning to extend the function of cryptocurrencies and i am confidently waiting ,jusk like many asians and some other places that has some regulations about this community
in my country, it can only be used for trade to carry out government transactions, it is still prohibited because the crypto currency has not been fully recognized by the government for transactions directly but one day it can certainly be done
In my personal experience, I haven't used any other function for crypto asides from trading. Trading fo me is the most profitable way to earn money in the cryptosphere-- provided the patience and also basic understanding of how trading works. If our country will adapt crytocurrency in the finance system then most likely, the first function of it will be payment for services like for government transactions or even bills payment. Cryptocurrency has got us covered from purchase to lifestyle so I am very optimistic to be using crypto in our daily operations.
With regards to business they are slowly accepting crytocurrency as a form of payment like for example this particular business in the Philippines which is called the blockchain fuel, they are already accepting bitcoin as payment which is a positive news because this will open the eyes of other business to incorpate bitcoin payments to their businesses.
now the benefits of crypto have not yet been felt, but in the future the digital world financial transaction revolution will switch to using the blockchain network even using crypto for certain payments depending on the crypto and platfom functions of each .
Cryptocurrency is still young in the system without the knowledge of many people around the globe yet it has been accepted by some online shops where users can purchase goods and services with cryptocurrency (BTC, ETH, LTC etc) aside trading on exchanging sites. Online shops like overstock.com, eGifter, Expedia etc accept cryptocurrency.
Yes, it is what Satoshi was aiming before in which bitcoin would be use as currency - as a mode of payment rather than just an investment. Maybe he didn't expect that the price would become this much nowadays because there is still no certainty before if it would be widely accepted before and now it happened that due to his idea, a bunch of other ideas appear wherein we cannot only use cryptocurrency as a currency but in other purposes as well due to blockchain technology and the creation of smart contracts.
Cryptocurrency is still young in the system without the knowledge of many people around the globe yet it has been accepted by some online shops where users can purchase goods and services with cryptocurrency (BTC, ETH, LTC etc) aside trading on exchanging sites. Online shops like overstock.com, eGifter, Expedia etc accept cryptocurrency.
Because of crypto value volatility, business sectors won't risk tokenizing their product. Maybe few decades from now when adoption rate will reach 100% and when crypto values achieve stability, I bet that's the right time for some businesses to make use of the technology at the highest level possible. Don't worry we are moving forward to that moment in time that everything we purchase will be tokenized and hoping that it would give positive impact to both consumers and merchants.
maybe now there are already a lot of business people who have used crypto in conducting their buying and selling activities, indeed for now the use is still limited to developed countries only and only to a certain extent, but to be evenly distributed throughout the world maybe the time needed is not too long if we look at the positive side and the convenience offered by the krypto currency. 
there are many retailers who accept crypto at this time, so crypto is not only used for trading, it can be used like money for daily transactions
I think that is just in your place since Bitcoin is not really that popular to our place. People don't really know what Bitcoin is, it may be reported or being talked about in the news but people don't really use it. I asked some of friends one time about it and what they know is that it is a crypto currency being used to scam other people which is not really true. It is just used by scammers as an exit.
Furthermore, one of the best usages of Bitcoin apart trading is investment, if you have investment here then consider you are involved in mega-investment source. With the passage of time, all these uses are taking place and Bitcoin is gaining strength that may appear in upcoming-future days.
for. I use it myself for currency and payment. maybe in the future we can use bitcoin for many more things
I'm constantly searching out projects with interesting use cases and with a lot more diverse application of blockchain than just payment and trading. I was attracted to Gymrewards, sadly the full potential of this project is yet to be fully expressed, hence another undervalued asset in the stream of overpopulated ICOs and tokenized assets.
However, I recently stumble upon HiNounou, and I'm kinda pro about the project as they have such a concise and ready market for the product they are developing. Using blockchain, AI and other tech appendixes are truly becoming a cliche, but one with an extraordinary market potential and a string of partnerships and well-versed project leads, you can't go wrong. Oh and mix that with the Asian economy - practically anything of value sells there - and you'd find yourself another gem mine.
You can check out the Hinounou project, remember to DYOR, but I'm certain there's something of value here.
However, I recently stumble upon HiNounou, and I'm kinda pro about the project as they have such a concise and ready market for the product they are developing. Using blockchain, AI and other tech appendixes are truly becoming a cliche, but one with an extraordinary market potential and a string of partnerships and well-versed project leads, you can't go wrong. Oh and mix that with the Asian economy - practically anything of value sells there - and you'd find yourself another gem mine.
You can check out the Hinounou project, remember to DYOR, but I'm certain there's something of value here.
I read their WP, and they really seem like an interesting project. I love the prospects they have for senior citizens, their AI integration with blockchain-which is where the tech industry is headed. And with the way the world is going, if we aren't careful, we'll soon be run over by seniors
. So it's a good thing a project like this is in place.
I think that is the biggest factor in crypto currency. It has to be of use to us. I mean I've seen crypto currency used for internet services and premium content. But if we see crypto currency used to order pizza, book a hotel room or pay for utilities then i think crypto currency will be big. I just hope it happens sooner than later.
for now it is time for crypto to be used for real business as a means of transaction or investment. because the use of crypto which is only an investment asset and trading in their own market will make it difficult to rise again. It looks like Kirpto was created and they play in their own zone, it hasn't come out to real business and this is what CEO and crypto founders really need to pay attention to.
right, to be able to develop widely indeed the use in real life is needed, so that more people will use it. but it is indeed a constraint on regulation, where many countries have not allowed it
I'm constantly searching out projects with interesting use cases and with a lot more diverse application of blockchain than just payment and trading. I was attracted to Gymrewards, sadly the full potential of this project is yet to be fully expressed, hence another undervalued asset in the stream of overpopulated ICOs and tokenized assets.
However, I recently stumble upon HiNounou, and I'm kinda pro about the project as they have such a concise and ready market for the product they are developing. Using blockchain, AI and other tech appendixes are truly becoming a cliche, but one with an extraordinary market potential and a string of partnerships and well-versed project leads, you can't go wrong. Oh and mix that with the Asian economy - practically anything of value sells there - and you'd find yourself another gem mine.
You can check out the Hinounou project, remember to DYOR, but I'm certain there's something of value here.
However, I recently stumble upon HiNounou, and I'm kinda pro about the project as they have such a concise and ready market for the product they are developing. Using blockchain, AI and other tech appendixes are truly becoming a cliche, but one with an extraordinary market potential and a string of partnerships and well-versed project leads, you can't go wrong. Oh and mix that with the Asian economy - practically anything of value sells there - and you'd find yourself another gem mine.
You can check out the Hinounou project, remember to DYOR, but I'm certain there's something of value here.
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