Topic: Bitcoins Everywhere? Not yet... - page 8. (Read 8335 times)
it does take some time to reach everyone. it happens like that but we already seen what can a new innovative idea can do to the market. WE are accepting bitcoin for trading and gambling and even at some porn sites but soon we can buy chocolates with bitcoins at any country just wait about 2-3years more
Bitcoin still far from "everywhere", there is still not many people know bitcoin, the one that they need to implemented is the shop that target the worldwide customers, because bitcoin was created to make us easier to do transaction globally
My new job gave me recently a card for buying everyday lunch.
It also has an app, so you can pay with the "credit" card or with the app.
But I found most of the restaurant prefer the use of the card instead of the app.
What made me think how hard it will be to convert to bitcoin. If it's so hard for them to accept money virtually from an app, it will be even harder when it comes to bitcoin.
It also has an app, so you can pay with the "credit" card or with the app.
But I found most of the restaurant prefer the use of the card instead of the app.
What made me think how hard it will be to convert to bitcoin. If it's so hard for them to accept money virtually from an app, it will be even harder when it comes to bitcoin.
It isn't hard. There are ATMs that can do that, exchanged can accept Bitcoin and so on. It's not hard at all but it's rather unpopular, so not many people are able to use it. And because it's hard to be used for now, many don't want to include it in their businesses.
My new job gave me recently a card for buying everyday lunch.
It also has an app, so you can pay with the "credit" card or with the app.
But I found most of the restaurant prefer the use of the card instead of the app.
What made me think how hard it will be to convert to bitcoin. If it's so hard for them to accept money virtually from an app, it will be even harder when it comes to bitcoin.
It also has an app, so you can pay with the "credit" card or with the app.
But I found most of the restaurant prefer the use of the card instead of the app.
What made me think how hard it will be to convert to bitcoin. If it's so hard for them to accept money virtually from an app, it will be even harder when it comes to bitcoin.
If we want to see bitcoin accepted everywhere we need to eliminate some problems first:
- there is no enough network capacity to process all transaction in case of major adoption spike
- using bitcoin is still problematic because you either need to use an exchange or will be limited to very few "direct buy" options
- bitcoin adoption is at the moment 99% online thing, how many brick and mortar businesses accepting BTC do you know?
- there is no enough network capacity to process all transaction in case of major adoption spike
- using bitcoin is still problematic because you either need to use an exchange or will be limited to very few "direct buy" options
- bitcoin adoption is at the moment 99% online thing, how many brick and mortar businesses accepting BTC do you know?
Up to a point I agree with you but there cities somewhere in the world where are so bitcoin friendly someone maybe could live without the need of fiat. This one is Arnhem in Netherlands. A more interested user can read this interesting topic in the forum
After online-payment sphere has been dominated by BTC,it will possibly reach every days stuff.. for example pay your coffee with btc at Starbucks
Or get your breakfast for some coins..
After that it will (hopefully) get accepted as payment for jobs.
Yes, that day is going to happen very soon. I believe that it is too early for expecting bitcoins to be everywhere of our life's need. Or get your breakfast for some coins..
After that it will (hopefully) get accepted as payment for jobs.
We must give some time for bitcoin system to get established in terms of forming its infrastructure like grooming itself to scale equivalent to visa cards. Like many people view, bitcoin is still a kid of internet, we can not expect an adults performances.
If we want to see bitcoin accepted everywhere we need to eliminate some problems first:
- there is no enough network capacity to process all transaction in case of major adoption spike
- using bitcoin is still problematic because you either need to use an exchange or will be limited to very few "direct buy" options
- bitcoin adoption is at the moment 99% online thing, how many brick and mortar businesses accepting BTC do you know?
- there is no enough network capacity to process all transaction in case of major adoption spike
- using bitcoin is still problematic because you either need to use an exchange or will be limited to very few "direct buy" options
- bitcoin adoption is at the moment 99% online thing, how many brick and mortar businesses accepting BTC do you know?
Up to a point I agree with you but there cities somewhere in the world where are so bitcoin friendly someone maybe could live without the need of fiat. This one is Arnhem in Netherlands. A more interested user can read this interesting topic in the forum
After online-payment sphere has been dominated by BTC,it will possibly reach every days stuff.. for example pay your coffee with btc at Starbucks
Or get your breakfast for some coins..
After that it will (hopefully) get accepted as payment for jobs.
Or get your breakfast for some coins..
After that it will (hopefully) get accepted as payment for jobs.
Most of the members consider bitcoin as major currency of future. Let us assume that it will be accomplished one day, but before that, I wonder which spheres of our everyday life will adapt bitcoin first?
The next thing for bitcoin to reach is to begin to become a real competition to paypal and eventually dominate the online payments sphere before it moves down to being everywhere, by that point it will be obvious that bitcoin will reach its goal. 
Most of the members consider bitcoin as major currency of future. Let us assume that it will be accomplished one day, but before that, I wonder which spheres of our everyday life will adapt bitcoin first?
people are currently converting the local currencies to bitcoin and used it to transfer fund from one country to another country. Online shop are also trying as you can easily buy something especially services for bitcoin. Though bitcoin is still far to be use as a mainstream currencies very soon maybe before 2020 this might happen. Most of the members consider bitcoin as major currency of future. Let us assume that it will be accomplished one day, but before that, I wonder which spheres of our everyday life will adapt bitcoin first?
The one and the most obvious ,online transactions! You can see it clearly that it is already established as a threat to PayPal and other online wallets.Which if extended further can revolutionise they way we make payments,traditionally using debit cards can be replaced by bitcoin transactions.Our lives pretty much revolves around that,everything else is secondary. 
Bitcoin right now getting more and more acceptance in online stores as well merchants around the world too have given importance to bitcoin as a payment portal. This could soon reach more common men which is important for further growth of bitcoin. Bitcoin needs more time to reach more population, because few in every country use it and its spread only through users involved in it. Spreading is not happening through ads or other promotion methods.
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At this time bitcoin is already starting to be used for online payments and this will continue to grow, even direct payments in some countries have started using bitcoin. But I think bitcoin might not be the main currency in the payment because every country has a currency of each, if used for payments bitcoin will become an alternative currency of each country. I actually prefer the bitcoin as a commodity, because fluctuations can be very profitable.
Well, bitcoin is not "starting" to be used for online payments but it's has been used for years ago. I would agree with your point that bitcoin shouldn't be used for the main currency of a specific country due to its fluctuation and the various problem it can bring. You may find that the fluctuation giving you a profit but if an organisation or an instance using bitcoin and then fluctuation occur, it's indeed a big problem for the whole instance's economy. 
Most of the members consider bitcoin as major currency of future. Let us assume that it will be accomplished one day, but before that, I wonder which spheres of our everyday life will adapt bitcoin first?
You can already see it happening and see which market niches are getting filled. Online gambling, porn sites (especially video chats), donations and charity, online stores, especially with software and electronics, street food. In the following years it will progress to most major online stores. I'd expect especially gaming platforms like steam and origin and online streaming (twitch) to go for it. 
Maybe Bitcoin will not be dominant currency in the future because fiat will be not put of the throne but it will probably be much more adopted and spread then it is today, at first place in shopping and different online services. Maybe also in high technology and IT industry.
Most answers here will be speculative, However, considering the fact that no government will still not allow a decentralized virtual currency to control their local exchange. Some factors/purposes in the future will be unavoidable by govt about bitcoin or other new cryptocurrency. Factors/purposes that obviously fiat cant offer and they need. The interest will start with the first world countries down to the third 
At this time bitcoin is already starting to be used for online payments and this will continue to grow, even direct payments in some countries have started using bitcoin. But I think bitcoin might not be the main currency in the payment because every country has a currency of each, if used for payments bitcoin will become an alternative currency of each country. I actually prefer the bitcoin as a commodity, because fluctuations can be very profitable.
Most of the members consider bitcoin as major currency of future. Let us assume that it will be accomplished one day, but before that, I wonder which spheres of our everyday life will adapt bitcoin first?
no doubt that bitcoin is not available everywhere because the main reason is the laws of the governments of different countries . If you will try to study the legality of the bitcoin in the google than you will find that the most of the countries are not supporting bitcoin as official or safe to use ( since it is another matter that bitcoin is safe and trusted in our views ),.
So people are officially not accepting bitcoin due to this reason most of the places in the world are without bitcoin .
But I think it may be possible in the future those countries who banned bitcoin directly may remove thier ban from the bitcoin And also it is possible that the popularity of the bitcoin forced the every country to accept bitcoin officially .
If there I'd any probably my for this than it will happen in 4- 5years
Bitcoin is just a baby you know, we need to get it growth bigger, it is quite popular in Japan and China, especially Japanese love bitcoin.
Most of the members consider bitcoin as major currency of future. Let us assume that it will be accomplished one day, but before that, I wonder which spheres of our everyday life will adapt bitcoin first?
I don't think that it will take much time to got famouse . Because about three years ago in my community , No one knows that what is bitcoin ? , Now about 80% people not in my community but in whole country knows that what is bitcoin , So I am guessing that it will not much time to get famous more for everywhere .Second thing Earliar it was less secure but in the presence it is much secure then Earliar and also in the current time the price of payment transactions are more than was Earliar .
So.we can say day to day grow in the technology the network of the bitcoin going again more powerful and probably it will available everywhere in some years .
Anything you pay for online would be the obvious first area that would be affected, this includes shopping, gambling, payments to people and so on.
In the real world it could be used everywhere, just looking at bitcoin as an idea it could be used in almost everything we do daily, give it 5 years and we will see where we are.
In the real world it could be used everywhere, just looking at bitcoin as an idea it could be used in almost everything we do daily, give it 5 years and we will see where we are.
Correct. Online Shopping that accepts bitcoin is not new to us, because some of the Online Shops are already accepting bitcoin as a payment, what would be better is when we could use bitcoin in our everyday expenses, and I am sure that would be awesome if that will going to happen in the near future, if, the Government allow such thing to happen.
Because until now, Government can't just accept bitcoin because they can't charge taxes to it, and I know that if they can't charges taxes to it, there is a possibility that a certain thing will fall down because there is no more taxes.
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