From all I know the lightning network is capable to solve those problems.
If you want bitcoin to become a currency for daily use it would need to become stable at first.
Topic: Can Bitcoin become a daily currency? - page 5. (Read 1405 times)
I do not think that the high fees or the transaction times will be the problem.
From all I know the lightning network is capable to solve those problems.
If you want bitcoin to become a currency for daily use it would need to become stable at first.
From all I know the lightning network is capable to solve those problems.
If you want bitcoin to become a currency for daily use it would need to become stable at first.
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 dont think if bitcoin will become our currency but i think this crypto or bitcoin will helps to opur currency to improve and to become more value and this crypto is the one main reason to print more money to use by people i hope that someday bitcoin cryptocurrency will become our future currency because tit helps a lot of people like me and othrers
Essentially i think.. bitcoin will become a daily currency if the governments has supports it.
And i think it would be more appropriate if bitcoin is more used or will be highlighted for more
used in transactions in everyday life than other cryptos such as ethereum.
And i think it would be more appropriate if bitcoin is more used or will be highlighted for more
used in transactions in everyday life than other cryptos such as ethereum.
It is still too early to call the digital crypto currency currency, money.
Although bitcoin and other crypto currencies are already being used for commercial transactions, they are still far from being money: money is an accepted medium of exchange.
However, from the point of view of the theory of monetary circulation, there is no basis for asserting that bitcoin and other crypto-currencies can not rise to the level of money as a generally accepted means of exchange.
Although bitcoin and other crypto currencies are already being used for commercial transactions, they are still far from being money: money is an accepted medium of exchange.
However, from the point of view of the theory of monetary circulation, there is no basis for asserting that bitcoin and other crypto-currencies can not rise to the level of money as a generally accepted means of exchange.
Personally I don't think so, it is very unlikely to happen because for me Bitcoin is just for the digital world and let us all remember not all people are inclined or even aware how to use this digital currency especially in a third world country like ours, we still have a lot of people who are not into digital currency. Plus the fact that the government will never allow that Bitcoin would be a daily currency because of its decentralized nature. Bitcoin can co exist with fiat but never replace it.
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 will be only our daily currency if governments will allow it but so far today there are already different online stores which are allowing people to use their own cryptocurrency in order to purchase any products or goods you are interested.
Yes we know that now the bitcoin is the regular using currency and the usage is on daily basis and for the people of the different countries it is good to do bitcoin useful for many people and the trading of this currency is very profitable and for us bitcoin is the most useful way to make online investment and through online wallet we can use this currency.
I think it's not good to use bitcoin for daily purchase, you know transaction fee is high so better to look another cryptocurrency that low transaction fee maybe dogecoin is good choice.
In order that bitcoin could become a means of payment for making daily purchases, a number of conditions are needed. First of all. bitcoin should have all the functionality for this, that is, have a high transaction rate that would allow you to instantly transfer certain small and large amounts, and have very low transaction fees. This bitcoin does not yet have. Bitcoin must have the development of an infrastructure for servicing, that is, it should be possible to directly pay directly at any retail outlet and service sector. This is also not yet available. Well, there should be a clear legal basis for the passage of bitcoin in each country as a means of payment. This issue is also far from normal use. Proceeding from this, there is still no possibility to use bitcoin for daily purchases.
Bitcoin will have the capacity to wind up a computerized cash for day by day buys of little esteem, on the off chance that it effectively executed a system of lightning or ghost. At that point it is normal that installment in bitcoin will be made right away and with the smallest exchanges, which are actually a few many satoshi. Be that as it may, the lightning system is as yet being tried and when this venture can be actualized in bitcoin, it isn't known.
difficult only in certain countries. for example japan, russia.
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?
If one government will allow their people to used bitcoin as daily currency maybe the community will be progressive. Because all the people are focusing how to earn a lot of money instead to be lazy. Atleast in one community their are possible that all of their people earning money because of bitcoin in legal way. 
Maybe in the future bitcoin is a regular daily currency but on this time it is just an online digital currency and used only by bitcoin holders, because not all people are know and using this, they are only using fiat for their daily expenses.
In the future maybe bitcoin can be used for daily currency with note bitcoin could legalized by the government so bitcoin can be accepted in various places in the world as a legitimate payment method, for now most people still use fiat for spending although in some places bitcoin has been accepted, but you know that expensive fees are still a problem and because it is easier to use fiat than bitcoin 
I think all will change if lightning network gets implemented were it said in it's proof of concept that they will remove unnecessary data in a block and move it seperately from a different on chain network so the transaction could be faster and had less fees. I think it's getting implemented as of now yesterday my transaction fee just is 700 sats for 0.005 of btc.
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?
If bitcoin cannot reduce the transfer fee, bitcoin will not be used for daily currency i think.
Peoples want to use bitcoin because they want to avoid fiat fee such as transfer fee in bank.
if bitcoin fee not reduced, peoples won't use bitcoin for payment.
Maybe in the future bitcoin is a regular daily currency but on this time it is just an online digital currency and used only by bitcoin holders, because not all people are know and using this, they are only using fiat for their daily expenses.
When most retailers or sellers starts to accept bitcoins as a means of payment around the world then I do believe that bitcoin can be used daily for purchases and transactions. I understand that other countries are already using bitcoin in buying usual stuff. I sometimes use bitcoin in sending and receiving money. I think that in the future more and more people will be using bitcoin because it is convenient.
Yes we all know that bitcoin is so convenient in the lives of many people. I also consider that bitcoin can be a possible currency that can be used in the everyday lives of people for every transactions but i also consider it impossible to happen because it will take a lot of time for people to adjust with it. And not all the people can go with the change, if ever such occurs. 
Maybe in the future bitcoin is a regular daily currency but on this time it is just an online digital currency and used only by bitcoin holders, because not all people are know and using this, they are only using fiat for their daily expenses.
Bitcoin can become a daily currency.. However, pls note that it has to be accepted by all merchants across the globe in order for it to become daily currency..
While bitcoin has the potential, there are other cryptos as well and hence the speed of who does fastest will matter.
While bitcoin has the potential, there are other cryptos as well and hence the speed of who does fastest will matter.
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 will be only our daily currency if governments will allow it but so far today there are already different online stores which are allowing people to use their own cryptocurrency in order to purchase any products or goods you are interested.
Jump to: