Topic: Can Bitcoin become a daily currency? - page 3. (Read 1398 times)
recently we can`t say that btc is suitable for daily payments but these problems that prevent btc to be a daily currency are not very serious problems such as high fees and transaction speed, so those can be fixed within some months.
If by daily currency you mean, transactions are done only using bitcoin then that's not really possible. Even though, lots of people are paying using bitcoin, I also have bought services and stuffs using bitcoin, it can't become daily currency.
Bitcoin transactions are way slower than other cryptos and fees are high, and when you pay with bitcoin you pay with only fractions of it, so do you think it is possible for bitcoin to become a daily currency? Something you can use to pay for coffee? If no, then what cryptocurrency have this potential?
I don't think bitcoin can be a daily currency. Its trading speed and transaction fees will limit it. I don't think any cryptocurrency can be a daily currency, they all need the Internet, and when there is no Internet time, these transactions will not be completed. 
i little bit disagree if bitcoin became daily currency.
i prefer to make bitcoin became asset like gold and for online payment too.
i prefer to make bitcoin became asset like gold and for online payment too.
I think bitcoin will be very difficult in daily trading. Bitcoin currencies will be very good for large value transactions, but it will be very difficult for small transactions. Because bitcoin trading is slower, it takes more time with these types of passwords and higher fees. It will be very troublesome and take a long time when shopping for small value products. So I think bitcoin will not become a daily currency.
requires a lot of correction if you want to use as a means of daily payment, bahwasannya very slow confirmation takes hours to create a small transaction bottleneck. maybe another crypto could be faster. I think it's impossible, it's about time-consuming transaction and shipping costs
just imagine if bitcoin is used in everyday life, for example when you queue to pay tolls, imagine the congestion on the highway is happening, because too long wait for payment confirmation time. Cheesy Cheesy Cheesyitu will create the "worst" jam. throughout history
just imagine if bitcoin is used in everyday life, for example when you queue to pay tolls, imagine the congestion on the highway is happening, because too long wait for payment confirmation time. Cheesy Cheesy Cheesyitu will create the "worst" jam. throughout history
I think bitcoin can be used like money, but can't change money. We can use bitcoin for transaction somewhere, not everywhere. Sometime, not everytime. So, according to me bitcoin can't become a daily currency.
Bitcoin cannot become a daily currency the main reason is bitcoin is a digital currency but in many countries not adopted the online and digital transaction and they are dependent on cash transactions so I feel it cannot become a daily currency
Maybe in future we can see it as a daily currency but now it is not possible because it cannot be used everywhere as it requires an internet connection and it needs to be converted into some sort of physical money.Moreover in many countries it is still not legal.It is decentralized in nature due to which it is not under the control of government.So I don't think that government will allow such kind of currency over which they have no control to be used on regular basis.Moreover it is impossible for Bitcoin to gain the amount of trust fiat money has.It can be used as a means of transaction but not as a daily currency.
Bitcoin transactions are way slower than other cryptos and fees are high, and when you pay with bitcoin you pay with only fractions of it, so do you think it is possible for bitcoin to become a daily currency? Something you can use to pay for coffee? If no, then what cryptocurrency have this potential?
Bitcoin has become as payment method in my country. It can be used to purchase cars.
I think bitcoin can be used like money, but can't change money. We can use bitcoin for transaction somewhere, not everywhere. Sometime, not everytime. So, according to me bitcoin can't become a daily currency.
The regression theorem explains the emergence of money by a natural exchange economy in which there is still no money. However, the appearance of bitcoins occurred even with a functioning monetary economy. From this point of view, we can say that when the first market price of bitcoins was created, the purchasing power of existing US or euro money was transferred to it. Thus, the theory of regression has been largely confirmed.
Bitcoin transactions are a bit too much to use in transactions. There are always transaction fees when you pass or give Bitcoin into other wallets. It can become a daily currency but only if the fees are lowered or maybe eradicate the whole transaction fees and just use Bitcoin as a mode of payment for everyday use.
Bitcoin transactions are way slower than other cryptos and fees are high, and when you pay with bitcoin you pay with only fractions of it, so do you think it is possible for bitcoin to become a daily currency? Something you can use to pay for coffee? If no, then what cryptocurrency have this potential?
Of course it can! Given that it could achieve or recieve updates for the following:
1. Outrageous transaction fees
2. Sluggish transfer rate
Aside from these 2, I think we could have bitcoins as a daily currency once we find a way to balance out the supply and return lost bitcoins back into the circulation.
Bitcoin could be used as a currency for daily use, since it can be used for purchases of goods and services, and for its value will be very attractive to the seller, regardless of their rates
How will the value of bitcoin be attractive to them since they will be paying the item the same amount as fiat? And if you think of it, Bitcoin is not really stable so you are having a risk in terms of either holding it or selling it quickly. And if you are planning to sell them, you can deduct the fees from sending it giving you more ways of losing your profit.
Bitcoin transactions are way slower than other cryptos and fees are high, and when you pay with bitcoin you pay with only fractions of it, so do you think it is possible for bitcoin to become a daily currency? Something you can use to pay for coffee? If no, then what cryptocurrency have this potential?
I don't think bitcoin is a daily currency. It has many shortcomings that limit it. First of all, it trades very slowly, its transaction costs are very high, and its transactions require the Internet to be completed, which limits it to become a daily currency.Definitely, well it's been a while since bitcoin was started. Many people around here in cyberworld know about bitcoin and most of them ignored what bitcoin is really all about. I would say as of this time its impossible to become daily currency since many are still didn know what bitcoin is really all about. Maybe someday it will become a currency via online transactions and I believe its a great and comfortable way for each of us here in crypto currency community.
Bitcoin transactions are way slower than other cryptos and fees are high, and when you pay with bitcoin you pay with only fractions of it, so do you think it is possible for bitcoin to become a daily currency? Something you can use to pay for coffee? If no, then what cryptocurrency have this potential?
It has the possiblity that bitcoin can be a regular currency, but then, it will be a big discussion.Even if we wanted bitcoin as our daily currency, we should make everyone know about it for better usage.
no. bitcoin will never be a daily currency like paper currency, bitcoin will remain a currency in gital,
and I do not think that far how I should pay for coffee with bitcoin ,,, bitcoin is not a valid payment tool, so it can not be used as a means of payment (transaction)
and I do not think that far how I should pay for coffee with bitcoin ,,, bitcoin is not a valid payment tool, so it can not be used as a means of payment (transaction)
Bitcoin transactions are way slower than other cryptos and fees are high, and when you pay with bitcoin you pay with only fractions of it, so do you think it is possible for bitcoin to become a daily currency? Something you can use to pay for coffee? If no, then what cryptocurrency have this potential?
I don't think bitcoin is a daily currency. It has many shortcomings that limit it. First of all, it trades very slowly, its transaction costs are very high, and its transactions require the Internet to be completed, which limits it to become a daily currency.
Crypto debit cards are there but we still need easy options to pay for goods with crypto so that we can help Bitcoin to become a currency that we can use for everything and every day.
most of the people are willing to use bitcoin as a daily currency. but the rates of bitcoin are changing rapidly. there for it is difficult to use bitcoin as a daily currency. if the price of bitcoin is stable. it will be used as daily currency.by today the attraction of crypto currency is increased therefore people are tend to use bitcoin as a daily currency. it will success in near future.
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