Topic: Bitcoin must come back to its original use - currency ! - page 3. (Read 1815 times)
Yes this should be what is so suppose to be done by people that is if we wanted to make it useful. The reasonable and appropriate use will be the best thing to do during this time of the year when everything is not quite well. People should be educated to use it wisely if we want the service or the technology to work in the way we want it to be. Whales should not be there to be very greedy they must use it with the way it is intended to be.
the bitcoin is a fast payment method, agile and without limits geometric, yes to min I sweat my satoshis for transfers and payments!
Bitcoin is a currency but most people do not want to accept bitcoin for goods and services because of the way the price fluctuate in the market.
actually, there are many people or companies that accept bitcoin for financial transactions that they do, but some countries do not legalize the use of bitcoin so that citizens of these countries do not dare to violate these rules.Well obviously most people wouldn't want to transact with a currency that swings in value hard quite often. That kind of movement is suited for trading where the fluctuations can be taken advatange of for making money. I think btc is not yet ready to be fully seen as a mode of transaction.
Bitcoin started from zero, nobody knew about it, now you can drink a beer in some bar and pay for it in bitcoins, litecoins, dogecoins, or you name it:
I want to see global adoption too, but where`s the hurry? Just cause bunch of us here like it and have it means that everyone else should too? You think that everything in the history is accepted with lightning speed? Things are moving in a good direction. Slower, sometimes faster, it`s going and there is no need for hurrying, pushing, in some places it`s happening already, it will spread to others sooner or later.
Bitcoin is a currency but most people do not want to accept bitcoin for goods and services because of the way the price fluctuate in the market.
actually, there are many people or companies that accept bitcoin for financial transactions that they do, but some countries do not legalize the use of bitcoin so that citizens of these countries do not dare to violate these rules.Well obviously most people wouldn't want to transact with a currency that swings in value hard quite often. That kind of movement is suited for trading where the fluctuations can be taken advatange of for making money. I think btc is not yet ready to be fully seen as a mode of transaction.
Bitcoin is a currency but most people do not want to accept bitcoin for goods and services because of the way the price fluctuate in the market.
actually, there are many people or companies that accept bitcoin for financial transactions that they do, but some countries do not legalize the use of bitcoin so that citizens of these countries do not dare to violate these rules. 
Bitcoin as crypto world in general evolved, it not just bitcoin its technology evolved. Finding more and more usage everyday. Banks and government can say that they dont approve but eventually they will used it and they are developing something similar to blockchain how will this be possible and how will it work no such intel but they are trying to take this market even by force. Cuz control is prime with banks and governments.
As the initial purpose of creating bitcoin ten years ago was to create digital currencies that could be used throughout the world. So the goal is indeed digital currency.If in the next development creates new opportunities such as trade or investment, it is a positive impact of public trust in bitcoin. That is, bitcoin provides added value that can increase revenue in addition to its main function as a digital currency.
Bitcoin as crypto world in general evolved, it not just bitcoin its technology evolved. Finding more and more usage everyday. Banks and government can say that they dont approve but eventually they will used it and they are developing something similar to blockchain how will this be possible and how will it work no such intel but they are trying to take this market even by force. Cuz control is prime with banks and governments.
As the initial purpose of creating bitcoin ten years ago was to create digital currencies that could be used throughout the world. So the goal is indeed digital currency.If in the next development creates new opportunities such as trade or investment, it is a positive impact of public trust in bitcoin. That is, bitcoin provides added value that can increase revenue in addition to its main function as a digital currency.
Sometimes I also hope to use bitcoin as an initial goal, which is to become a currency
even though I used my crypto currency to buy some mining machines.
but I did it online. because this country's government regulations prohibit making bitcoin to be used as a legitimate financial transaction.
actually there is no intimidation for you to use bitcoin for currency only, anyone can use bitcoin for anything, isn't that a function of decentralization? dont need to force people to only use bitcoin as a currency, after all whatever they do, it will certainly add to the bitcoin market crowded right?even though I used my crypto currency to buy some mining machines.
but I did it online. because this country's government regulations prohibit making bitcoin to be used as a legitimate financial transaction.
Sometimes I also hope to use bitcoin as an initial goal, which is to become a currency
even though I used my crypto currency to buy some mining machines.
but I did it online. because this country's government regulations prohibit making bitcoin to be used as a legitimate financial transaction.
actually there is no intimidation for you to use bitcoin for currency only, anyone can use bitcoin for anything, isn't that a function of decentralization? dont need to force people to only use bitcoin as a currency, after all whatever they do, it will certainly add to the bitcoin market crowded right? even though I used my crypto currency to buy some mining machines.
but I did it online. because this country's government regulations prohibit making bitcoin to be used as a legitimate financial transaction.
Bitcoin as crypto world in general evolved, it not just bitcoin its technology evolved. Finding more and more usage everyday. Banks and government can say that they dont approve but eventually they will used it and they are developing something similar to blockchain how will this be possible and how will it work no such intel but they are trying to take this market even by force. Cuz control is prime with banks and governments.
This is only a way for some countries to make a new coin that will beat Bitcoin and be used by others later on. You can see for yourself that there will be new coins that will rival Bitcoin.
Bitcoin as crypto world in general evolved, it not just bitcoin its technology evolved. Finding more and more usage everyday. Banks and government can say that they dont approve but eventually they will used it and they are developing something similar to blockchain how will this be possible and how will it work no such intel but they are trying to take this market even by force. Cuz control is prime with banks and governments.
for the current position, it will be very difficult to make bitcoin become the original currency. because the growth of the value of bitcoin is very good and makes everyone actually make it an investment asset that has good prospects.
When we are suing bitcoin as an investment the prices will be like this keep bumping and dumping forever,so there need to be something occurs to accept it as payment.But the good thing from the long bear run is lot of investors who came here to make short term profits were elimited now there are real crypto enthusisat were in action.
Sometimes I also hope to use bitcoin as an initial goal, which is to become a currency
even though I used my crypto currency to buy some mining machines.
but I did it online. because this country's government regulations prohibit making bitcoin to be used as a legitimate financial transaction.
even though I used my crypto currency to buy some mining machines.
but I did it online. because this country's government regulations prohibit making bitcoin to be used as a legitimate financial transaction.
If we analysis on bitcoins, we will see that it has failed to become the main currency anywhere. There are many forces which do not allow or do not want that bitcoin should become the real currency. These forces includes banks, governments and other finical houses who do not want this transformation to happen. They are of the point of view that if this happen, it will be a threat to their own ecosystem.
As far as we all concern, even though we want bitcoin to be a really functional currency worldwide, there are still some hindrance on how it doesnt make happen like illegalization of other countries and lack or funds and resources to produces upgraded gadgets to be a crypto bin. For now,we are contented about it and still looking up for the progress it brought us everyday.
I think cryptocurrency must be developed every month and make the cryptocurrency be optimal again, so that it will have an influence on the cryptocurrency price movements because more and more will interact between buyers and sellers in the exchange. This should be one of the things that we should have promoted here and not what we are seeing today. Many of us has seeing bitcoin as investments tools and not as currency. We are concerned about how mush we would make from the push or fluctuations in pricing. Bitcoin been used as an assets to trade or invest for high profits will undermine it values and it positions as a currency.
Of course, if Bitcoin will continue to be used primarily as a means for investment and storage of value, then over time it will inevitably collapse. This is a dead end road. It needs to be developed and used precisely as a currency, as a means of payment, then it will have a good perspective.Now it is still very weak legalization of cryptocurrency by the states and therefore the infrastructure for using cryptocurrency as a means of payment is practically not created or this process is too slow.
I'd love to use my Bitcoi. But then again, utility companies don't accept bitcoins, groceries haven't heard of bitcoins even my insurances don't give a damn about it. I mean yeah internet related transactions are good but I don't have any transactions over on the internet. But like any other fiat, you can always invest on them.
This is going to be the case for some time but I really think that things are going to change in the next years and decades, adoption is not something that you can force out of people, they do not see the reason for adopting bitcoin yet but they are going to see it in the future when there is an economic crisis and they understand it was because of fiat currency.The problem with bitcoin is on government regulation in many emerging country. Beside that, many country regulate bitcoin as commodity not as currency. I am agree, bitcoin need more time if we want to use in merchant as currency.
I'd love to use my Bitcoi. But then again, utility companies don't accept bitcoins, groceries haven't heard of bitcoins even my insurances don't give a damn about it. I mean yeah internet related transactions are good but I don't have any transactions over on the internet. But like any other fiat, you can always invest on them.
This is going to be the case for some time but I really think that things are going to change in the next years and decades, adoption is not something that you can force out of people, they do not see the reason for adopting bitcoin yet but they are going to see it in the future when there is an economic crisis and they understand it was because of fiat currency.The problem with bitcoin is on government regulation in many emerging country. Beside that, many country regulate bitcoin as commodity not as currency. I am agree, bitcoin need more time if we want to use in merchant as currency.
for the current position, it will be very difficult to make bitcoin become the original currency. because the growth of the value of bitcoin is very good and makes everyone actually make it an investment asset that has good prospects.
As far as we all concern, even though we want bitcoin to be a really functional currency worldwide, there are still some hindrance on how it doesnt make happen like illegalization of other countries and lack or funds and resources to produces upgraded gadgets to be a crypto bin. For now,we are contented about it and still looking up for the progress it brought us everyday.
Sometimes I also hope to use bitcoin as an initial goal, which is to become a currency
even though I used my crypto currency to buy some mining machines.
but I did it online. because this country's government regulations prohibit making bitcoin to be used as a legitimate financial transaction.
even though I used my crypto currency to buy some mining machines.
but I did it online. because this country's government regulations prohibit making bitcoin to be used as a legitimate financial transaction.
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