Bitcoin Daily Living - page 2. | Bitcointalksearch.org

TimtheYoutuber

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Quote from: Ayiranorea on December 26, 2019, 08:24:05 PM

Quote from: TimtheYoutuber on December 26, 2019, 08:11:27 PM

Quote from: aamirsuh on December 22, 2019, 04:32:34 PM

People do not do their daily shopping with bitcoin, unfortunately. There are those who want to trade with Bitcoin. Bitcoin is seen only as an investment instrument. Shopping with bitcoin in everyday life is not becoming widespread. How could that be? I think the dollar-based system could be destroyed.

It is not being done because Bitcoin is not "valued". People still want to use USD.

Bitcoin is valued, but as a source for exchange of goods weren't practiced much. Little by little things will change, and the same will make daily living possible with bitcoin. Right now stores accepting bitcoin in exchange for products were available in very limited locations. When people prefer using bitcoins for purchase and other than trading and into gambling stores will also show interest into advancing with bitcoin acceptance.

These stores are exchanging the bitcoins that they are receiving instantly with a service like Bitpay, which is not accelerating the economy like I am talking about in the article.

Ayiranorea

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Quote from: TimtheYoutuber on December 26, 2019, 08:11:27 PM

Quote from: aamirsuh on December 22, 2019, 04:32:34 PM

People do not do their daily shopping with bitcoin, unfortunately. There are those who want to trade with Bitcoin. Bitcoin is seen only as an investment instrument. Shopping with bitcoin in everyday life is not becoming widespread. How could that be? I think the dollar-based system could be destroyed.

It is not being done because Bitcoin is not "valued". People still want to use USD.

Bitcoin is valued, but as a source for exchange of goods weren't practiced much. Little by little things will change, and the same will make daily living possible with bitcoin. Right now stores accepting bitcoin in exchange for products were available in very limited locations. When people prefer using bitcoins for purchase and other than trading and into gambling stores will also show interest into advancing with bitcoin acceptance.

TimtheYoutuber

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Quote from: aamirsuh on December 22, 2019, 04:32:34 PM

People do not do their daily shopping with bitcoin, unfortunately. There are those who want to trade with Bitcoin. Bitcoin is seen only as an investment instrument. Shopping with bitcoin in everyday life is not becoming widespread. How could that be? I think the dollar-based system could be destroyed.

It is not being done because Bitcoin is not "valued". People still want to use USD.

aamirsuh

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People do not do their daily shopping with bitcoin, unfortunately. There are those who want to trade with Bitcoin. Bitcoin is seen only as an investment instrument. Shopping with bitcoin in everyday life is not becoming widespread. How could that be? I think the dollar-based system could be destroyed.

Pinkris128

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Quote from: DreamStage on December 21, 2019, 02:07:35 PM

Quote from: Bonenx14 on December 21, 2019, 10:40:54 AM

the use of bitcoin for me is only limited to investment or daily trading and when it is used to buy goods it cannot be because of its limited use, maybe that's all that can be done with bitcoin for its use.

So you mean you do not exchange to fiat? Roll Eyes

Than you will be losing so much since you are wasting your time investing or daily trading for achieving the emptyness of limbo...

It does not matter if the buying goods is limited, as long you are living daily with it it's worth than doing nothing about it.

Most of the people that do not use it are losing something in return since Bitcoin has so many real world capabilities (it's fiat, face it)

The only reasons why you can't used your bitcoins either the price of bitcoin is low that you wanted to hold it or you experienced huge losses on your investment, that is why you are not able to used it in your daily life. Honestly, i used my bitcoins to provide the things that i need and to pay all of my bills, that is why i am really thankful that i met bitcoin because i couldn't do the things that i can do today without it.

DreamStage

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Quote from: Bonenx14 on December 21, 2019, 10:40:54 AM

the use of bitcoin for me is only limited to investment or daily trading and when it is used to buy goods it cannot be because of its limited use, maybe that's all that can be done with bitcoin for its use.

So you mean you do not exchange to fiat? Roll Eyes

Than you will be losing so much since you are wasting your time investing or daily trading for achieving the emptyness of limbo...

It does not matter if the buying goods is limited, as long you are living daily with it it's worth than doing nothing about it.

Most of the people that do not use it are losing something in return since Bitcoin has so many real world capabilities (it's fiat, face it)

bitgolden

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Living on Bitcoin? It's not quite possible where I live and the same thing with most other places. There are exchanges and wallets that don't offer their full services to some particular places for a reason that's best known to them.

Just like Coinbase, they don't offer services to some places, they will allow you to have access to their wallet but you won't be able to purchase and trade on their exchange, but only make use of their wallet for sending and receiving. The worst ones are the ones that will ask you to verify your identity and still allow you to upload everything and after you have done that, they will tell you their services is not available to you yet, very foolish. Bitcoin is not known much where I live and people don't accept it, except those that are into investing, buying and selling of it.

keeee

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Quote from: Fappanu on December 16, 2019, 01:05:56 PM

Quote from: TimtheYoutuber on November 13, 2019, 01:37:18 PM

Read the full article on the challenges and possible solution to living on Bitcoin daily here: www.forrestvisions.com/blog/living-on-bitcoin

Who here uses Bitcoin daily or lives on the financial crypto market?

I personally use Bitcoin wherever I possibly can, and accept it directly without converting it to fiat immediately. I have been using Bitcoin daily for years. (Ever since Bitpay started improving its Bitcoin debitcard product)

You mean that in your country almost all stores accept bitcoin? Because it is difficult to live if you only use your bitcoin to pay especially since not everyone is aware of crypto currencies. Here in my country there are very few stores that accept bitcoin. So fiat money is still my main thing when it comes to payment.

You are lucky if your country already recognized bitcoin as a currency. As far as I know most country doesnt accept it as a rule of payment when it comes to stores. I only used bitcoin as a payment on some transaction but those are who only accept bitcoin. Most of the time I convert my bitcoin in to fiat to used for my daily living because in my country they didnt accept bitcoin.

makolz26

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Quote from: Bonenx14 on December 21, 2019, 10:40:54 AM

the use of bitcoin for me is only limited to investment or daily trading and when it is used to buy goods it cannot be because of its limited use, maybe that's all that can be done with bitcoin for its use.

No matter where you are going to do Bitcoin for a living it will be up to you, whether it is for trading, investing in ICO/IEO, just for holding, savings, or you want to buy something and they are accepting only Bitcoin, whatever it is what matters is that we are using Bitcoin in our daily lives, this makes it becoming more popular.

Bonenx14

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the use of bitcoin for me is only limited to investment or daily trading and when it is used to buy goods it cannot be because of its limited use, maybe that's all that can be done with bitcoin for its use.

MWesterweele

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Quote from: Mike Mayor on December 20, 2019, 03:36:08 PM

I don't think most countries or governments will accept crypto payment because they might feel they losing control by accepting a crypto payment. They won't have control over it as they will with government-issued fiat.
If crypto could be used for this then even people who have never used crypto will be inclined to accept it since they probably feel it doesn't have enough uses and if it cannot pay the bills they not interested. So that would change many peoples opinions about crypto and give very real and actually use for crypto beyond just purchasing luxury items and certain other items.

Yes it cant be not unti they are the one who will gonna legalizes it. I am using bitcoin, for the daily expenses of my family, I cannot directly uses it , because I needed to convert it in fiat first but, it realy help me very much in every situations, hoping for bitcoin atm here so I dont need to convert first.

dimox

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i never use bitcoin in daily, im just use it on my screen everyday. and am not sure if in my country there is some people use bitcoin in daily, its hard because not all store or service provide bitcoin payment. if you want to life with bitcoin, you must go to some country that accept and already implement bitcoin payment many store

Mike Mayor

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Quote from: crypto.farm on December 11, 2019, 02:26:00 AM

Interesting very feasible once the utilities start accepted bitcoin....its funny we all need the internet ISPs even in order to use bitcon core, or this fourm, yet I have not seen any news of major telco or ISP accepting BTC...

Imaging automatic withdrawals one day with a trusted wallet architecture for paying the monthly utilities. Daily use will skyrocket.

I don't think most countries or governments will accept crypto payment because they might feel they losing control by accepting a crypto payment. They won't have control over it as they will with government-issued fiat.
If crypto could be used for this then even people who have never used crypto will be inclined to accept it since they probably feel it doesn't have enough uses and if it cannot pay the bills they not interested. So that would change many peoples opinions about crypto and give very real and actually use for crypto beyond just purchasing luxury items and certain other items.

Aikidoka

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Quote from: btcmurat on December 16, 2019, 04:32:54 PM

Bitcoin is a very useful money. I think it's the best way to send money over long distances. You pay low fees and the transaction takes place quickly. I use bitcoin for this purpose. I also bought games from Steam with Bitcoin.

Bitcoin is really amazing when we're talking about paying money with low fees and quickly, It can solve a lot of our problems in just an instant. People should get more interest in this cryptocurrencies and try to earn a lot of it and just hold it, because it's really a very strong crypto as well as it has the potential to increase in the future.

error08

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Quote from: TimtheYoutuber on December 20, 2019, 10:00:34 AM

Quote from: btcmurat on December 16, 2019, 04:32:54 PM

Bitcoin is a very useful money. I think it's the best way to send money over long distances. You pay low fees and the transaction takes place quickly. I use bitcoin for this purpose. I also bought games from Steam with Bitcoin.

It is nice to send money quickly, however because of the price changes you would need to sell the bitcoin instantly.

First question; how do you earn bitcoin? Since you've been using it on a daily basis for years.
Don't you think using Bitpay debit card is just another way to convert bitcoin into cash? While you don't need to, but bitpay did it for you. Yes, not every merchants and groceries accept bitcoin payment, but the acceptance for bitcoin still quite low in many countries, lucky for people who can easily use it as a payment instrument instead of just keep it in the wallet.

topbitcoin

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Quote from: aomakun on December 20, 2019, 10:08:39 AM

Quote from: btcmurat on December 16, 2019, 04:32:54 PM

Bitcoin is a very useful money. I think it's the best way to send money over long distances. You pay low fees and the transaction takes place quickly. I use bitcoin for this purpose. I also bought games from Steam with Bitcoin.

in fact bitcoin now has a good function for making transactions, so we can use it for transactions. for I usually use it for investment or daily trading if there is potential to do it

Bitcoin need a lot of merchants to make it can be as payment. If there are legally to use bitcoin as payment, i think people can start to use it. So, bitcoin can be directly to be something to fulfil our daily living like we buy real life things with bitcoin in a shop, like that.

aomakun

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Quote from: btcmurat on December 16, 2019, 04:32:54 PM

Bitcoin is a very useful money. I think it's the best way to send money over long distances. You pay low fees and the transaction takes place quickly. I use bitcoin for this purpose. I also bought games from Steam with Bitcoin.

in fact bitcoin now has a good function for making transactions, so we can use it for transactions. for I usually use it for investment or daily trading if there is potential to do it

TimtheYoutuber

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Quote from: btcmurat on December 16, 2019, 04:32:54 PM

Bitcoin is a very useful money. I think it's the best way to send money over long distances. You pay low fees and the transaction takes place quickly. I use bitcoin for this purpose. I also bought games from Steam with Bitcoin.

It is nice to send money quickly, however because of the price changes you would need to sell the bitcoin instantly.

btcmurat

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Bitcoin is a very useful money. I think it's the best way to send money over long distances. You pay low fees and the transaction takes place quickly. I use bitcoin for this purpose. I also bought games from Steam with Bitcoin.

DreamStage

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You can not use Bitcoin as a fiat currency anywhere you want except you have some real world convertion on the shop you are buying at.

Or for instance booking a flight online you can simply use btc transactions since it worths value in fiat which then gives "money" from as in form of virtual cash to the flight company.

But yes i am using for my daily live in any sort of possible action (not going to state them as it's private ofc Wink

).

Topic: Bitcoin Daily Living - page 2. (Read 1776 times)