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Topic: Bitcoin in local services (Read 753 times)

newbie
Activity: 3
Merit: 0
August 25, 2017, 05:40:29 AM
#23
I've been thinking about this for a while now too, Currently, There are multiple Uber-Like services in my country, but the payments are done manually with cash due to restrictions on CC due to global penalties, Been thinking about adding BTC and having it being used, The difficulty would be enabling people to get bitcoins somehow (Maybe a local exchange) and mixing the services together.

it's true bitcoin offers a big market for local services in general, particularly peer-to-peer services.
full member
Activity: 442
Merit: 101
August 25, 2017, 04:57:13 AM
#22
I think bringing bitcoin to the local payment service is great. It can connect many local bitcoin users together to exchange and sell bitcoin conveniently and easily. This also attracts many visitors to your local area where they can pay any products they buy with bitcoin.
sr. member
Activity: 2338
Merit: 273
DGbet.fun - Crypto Sportsbook
August 24, 2017, 03:48:54 PM
#21
I am sad to see many warnings that prohibit US and Singapore residents from investing in various ico, I would fight if bitcoin is also banned with similar cases in different parts of the world.

Currently there are local services such as the official trading market in my country, I think it would be good to expand bitcoin to large companies and start-ups, fundraising for project development would be most helpful if bitcoins were included, essentially obeying the Government regarding taxes and the rules that are demanded like a physical office, I do not think there will be a problem.
full member
Activity: 924
Merit: 148
August 24, 2017, 03:03:26 PM
#20
I think that in every major city there is a plenty of forums that will help you to find any kind of worker. So what is the advantage of bitcoin here? Not every worker know how to use and it is less liquid than fiat. The only possible advantage is that before doing a job a worker could see escrowed funds but it either have it's own difficulties.
sr. member
Activity: 910
Merit: 252
August 24, 2017, 01:17:11 PM
#19
Bitcoin in local services its having lots of complexity as if now like the transaction fees and confirmation time its about transacting money from customer to vendor again one more complexity is price volatile how do you decide the service charge if high decrease or increase in bitcoin price.
hero member
Activity: 756
Merit: 500
August 24, 2017, 12:46:59 PM
#18
Bitcoin is very convenient if it will be use in local services. I think it can help the economy growth because the local shops will be livelier and will gain more customers. Aside from that, it can also attract tourists. Some foreigners preferred using Bitcoin as their mode of payment when travelling around the world.

I agreed with you. If local shops accept Bitcoin, Travellers do not need to worry about exchanging currency of the country they are travelling in. Especially when money changers take a big spread.



This is what we all want. Bitcoins in local services so that we can truly benefit ourselves from digital "currency"! I like the idea of "Oneness of currency". It will save us from all tedious doings we have to do in order to purchase daily life stuff. I am not worried about traveler because staying within my own country, I am a traveler. If you get me! :p
full member
Activity: 275
Merit: 104
August 19, 2017, 09:02:10 AM
#17
We could consider converting bitcoin to tokens of an ICO that provide local services to prevent the rise and fall of bitcoin price.

now I know what this is. an advertisement for a new ICO Cheesy
no my friend that is a pointless thing to do. you can not just come up with some abstract idea of a real world application and make an ICO out of it just to make money. that won't work.

This application helps to lessen the time you will consume and also your effort. I still think this is a good idea because I am a guy who wants to live easily and doesn't want to exert so much money.
full member
Activity: 275
Merit: 104
August 19, 2017, 08:40:24 AM
#16
I agree on this concept. It can get rid of a large number of middleman. The reduction of middleman may result to a reduction in the cost of finding customers. Not only the time and money will be save but also the effort. We will just rely on that application.
full member
Activity: 686
Merit: 146
August 19, 2017, 08:40:24 AM
#15
Bitcoin is very convenient if it will be use in local services. I think it can help the economy growth because the local shops will be livelier and will gain more customers. Aside from that, it can also attract tourists. Some foreigners preferred using Bitcoin as their mode of payment when travelling around the world.

I strongly agree that bitcoin as a legitimate payment instrument in my country, because it can simplify any deal-related business, such as ordering goods, electricity payment, online ticket booking.

It would be awesome if this were to be implement because it would provide so much convenience for people. If Bitcoin were to be accepted as a payment system by the local services of a country, this will give the consumers more options and ease of transaction. This would definitely help the economic and business sector of a country, so its a win-win situation.

Yes, I've heard of some bitcoin users who are looking for countries that accept bitcoin. Probably for the reason that this would save them the trouble of having to exchange their fiat money into the local currency. Unfortunately, not many countries do so the tourists have only limited options.
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
August 19, 2017, 08:13:22 AM
#14
Bitcoin is very convenient if it will be use in local services. I think it can help the economy growth because the local shops will be livelier and will gain more customers. Aside from that, it can also attract tourists. Some foreigners preferred using Bitcoin as their mode of payment when travelling around the world.

I strongly agree that bitcoin as a legitimate payment instrument in my country, because it can simplify any deal-related business, such as ordering goods, electricity payment, online ticket booking.

I think you are from Japan. Countries like mine does not accepted bitcoin as a legal money. Recently US government banned many online sites involves with bitcoin. These kind of moves are positive for trollers. Everyday bitcoin related has been initialized in Google search, we need more adoption to see the price more.
full member
Activity: 644
Merit: 101
August 19, 2017, 08:08:26 AM
#13
Too much fees is the main reason of not making it the 1st payment method , transactions take a lot of time too

We could convert bitcoin to a certain token that is run by a certain ICO whose concern is local services to lessen the time of transaction and fees. I just used bitcoin to know if it is more reliable but it is not.
full member
Activity: 406
Merit: 156
August 19, 2017, 08:02:25 AM
#12
Too much fees is the main reason of not making it the 1st payment method , transactions take a lot of time too
full member
Activity: 177
Merit: 100
August 19, 2017, 07:59:41 AM
#11
i think your idea OP is also good, but considering the fact that not all of the people knew so much about bitcoin and how this it work, maybe the ending would be we will be lecturing the people about what is bitcoin amd how does it function and what else can be done for that.
full member
Activity: 644
Merit: 101
August 19, 2017, 07:55:47 AM
#10
We could consider converting bitcoin to tokens of an ICO that provide local services to prevent the rise and fall of bitcoin price.

now I know what this is. an advertisement for a new ICO Cheesy
no my friend that is a pointless thing to do. you can not just come up with some abstract idea of a real world application and make an ICO out of it just to make money. that won't work.

Yes, this project is good for me also promising and I hope that this will be a successful one.
hero member
Activity: 658
Merit: 505
August 19, 2017, 02:34:35 AM
#9
I live in relatively small community whee majority of people still don't know much or even anything about bitcoins. Using bitcoin for local services would have many advantages and it would make them cheaper and in many cases more convenient but at the moment this is not possible. Maybe in some more developed countries or in Japan and China where is probably quite normal already to use bitcoins for such services.
sr. member
Activity: 658
Merit: 256
August 19, 2017, 12:43:44 AM
#8
Bitcoin is very convenient if it will be use in local services. I think it can help the economy growth because the local shops will be livelier and will gain more customers. Aside from that, it can also attract tourists. Some foreigners preferred using Bitcoin as their mode of payment when travelling around the world.

I agreed with you. If local shops accept Bitcoin, Travellers do not need to worry about exchanging currency of the country they are travelling in. Especially when money changers take a big spread.


hero member
Activity: 1176
Merit: 509
August 19, 2017, 12:25:06 AM
#7
Bitcoin is very convenient if it will be use in local services. I think it can help the economy growth because the local shops will be livelier and will gain more customers. Aside from that, it can also attract tourists. Some foreigners preferred using Bitcoin as their mode of payment when travelling around the world.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
August 19, 2017, 12:20:31 AM
#6
We could consider converting bitcoin to tokens of an ICO that provide local services to prevent the rise and fall of bitcoin price.

now I know what this is. an advertisement for a new ICO Cheesy
no my friend that is a pointless thing to do. you can not just come up with some abstract idea of a real world application and make an ICO out of it just to make money. that won't work.
full member
Activity: 518
Merit: 103
August 18, 2017, 11:31:42 PM
#5
This is good news for everyone, if we are going to use bitcoin in local services, everybody will have bitcoin of their own, and can save them so in time the value can grow and they can have a fortune in time, there are already stores in europe that is using bitcoin as payment, even for their own coffee, even in China, Japan and South Korea it is common to see them use bitcoin in their daily transactions, it much faster and safer since cases of robbery will surely decrease, robbers may steal your phone but will have a hard time accessing your account since they need a password and key to open it, just make sure it is secured or encrypted.
full member
Activity: 644
Merit: 101
August 18, 2017, 11:30:27 PM
#4
Since the rise of car booking applications like uber, the way of transportation has changed and have managed to lessen the time finding taxis.

What if we could apply this concept on local services to lessen the time in finding workers to perform a specific task near you. Using internet and an android/ios application and bitcoin as payment, we could also save time and money for accomplishing specific task in local services (i.e. cleaning, transport, repair, pest control, etc.).



In case you didn't notice but right above your thread there is a thread that says Uber accepts Bitcoins not in all countries but it's started accepting it. For other services it's difficult to implement cause who's going to bare the fees and sometimes Bitcoins are time consuming. Even if somehow the seller accepts all this, what about valuation what if you pay and prices drop again who compensates him and how much it's very tricky. To actually get a clear idea of how to implement it.

We could consider converting bitcoin to tokens of an ICO that provide local services to prevent the rise and fall of bitcoin price.
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