Can Bitcoin become a daily currency? - page 6.

basyang

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Quote from: GaboCarranza on February 14, 2018, 11:03:07 AM

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 seems that in the near future maybe bitcoin become our daily currency but as of now, it wouldn't because many business store still untrusted in using bitcoin as payment because of many reasons they have and also many countries did not recognized bitcoin as a currency and it will go through many process to became our daily currency. But who knows someday you will wake up and bitcoin is now one of our currency and many stores accept it. For sure if it will happen many bitcoin users will be glad.

wertanto

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not currently but maybe in the future if the money transfer will happen without delay then Yes you can

Ojengonggu

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Trphy.io

it seems difficult to happen because bitcoin is not a cash item as money, bitcoin in the future can be an asset that can be spent in one shop / supermarket / cafe and other places who can accept bittcoin payments with bitcoin credit card which now many projects want to implement it but unfortunately this has not certainly can replace money considering the many people who need to reach. but chances are everything can happen

FLoving

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Quote from: onemoretime8520 on March 14, 2018, 05:44:16 PM

for now it is not very advantageous to use btc for daily payments rather it is used as an asset but with the lightning network implementation maybe btc would take a lead into this case as well.

I think you do not came to the use of bitcoin for your transactions that is why you are saying that it is just an asset and when you come to use it in your dealings then you will find that how much it is beneficial for you and for your dealing. Actually I was using some other payment processors before that and there was much hurdles for me in it and when I started to use bitcoin then I came to know that how much is it beneficial for me and for my business and it save much of my money.

gravitik

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have not seen these coins in which the transactions happen instantly. usually the withdrawal from the stock exchange in 3 days

VIC-btcforum

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yes it can become daily but not a 100% replacement of cash

athiftammam2018

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It seems like this will definitely be realized in the next few years, but not directly used in all places. Certainly starting from the big city first, because there are indeed many rich people. Only then will slowly land the transaction with bitcoin this will develop into the village as well.

celofiguj

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Yeah.I Think Bitcoin Become Daily Currency. Because Bitcoin is a DIgital Currency and it's getting popular day by day.

KyleBarcs

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No ! 😁 because bitcoin drops and bounce coin every seconds in your life so that bit coin can become a seconds currency .

Gamix

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I think it won`t become the daily currency anytime soon because it has too many flaws for people to switch to it.

tikong

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Yes it can be used as daily currency because nowadays most people know about it and knows how to use it. Many users will be glad if it is happen but bitcoin cant be achieve or mined in an easy way. The bitcoins popularity and demand is very high so that the value of it can decrease. But it has the potential to be a daily currency

prukerohen

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I think it has the potential to be a daily currency but they would need to figure out a way to make all transactions instant, even in high traffic without that it's unlikely.

Lamborgini

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Quote from: GaboCarranza on February 14, 2018, 11:03:07 AM

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 am sure in the future there will be the possibility of Bitcoin to be the daily currency. Because Bitcoin has a good prospect and great potential it achieves it.

ostrovagaly

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Yes, I think it will be possible when all the bitcoins of the world will get there and then everything will be davolno stable and simple, but for the time being, lightcoin is the best option for the daily currency because of its stability.

jdkfy

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Quote from: #dhabitamartha on March 14, 2018, 05:33:40 PM

bitcoin may be a bit slow because the number of enthusiasts and users is now much more in the past year and this market should move quickly because the addition of bitcoin owners and sellers may be this market is sluggish because the high price is much cheaper etherum so the movement is slower than etherum if for a day today is being used now as many companies are facilitating the way in which the coin sells to buy a daily good or a rental service.

Bitcoin has not yet become a daily currency, and some countries have still not recognized the legitimacy of Bitcoin. However, with the development of Bitcoin, it will become a daily currency.

stayeduptolate

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Quote from: GaboCarranza on February 14, 2018, 11:03:07 AM

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?

Yes. I do believe that bitcoin can became a daily form of currency because bitcoin has gained a huge amount of popularity and has gained a huge amount of users throughout the globe since it had started and its popularity and demand in people are increasing day by day since then. It is also evident from the increasing prices of bitcoin Intact bitcoin has defeated gold in the terms of price. Which signifies that bitcoin’s demand is very high. So bitcoin can be a regular daily currency as it has very high potential.

myanti55

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Yes bitcoin can become daily currency but this all will happen in the future it is possible that we can start using this money and when we give this option to those from which we will receive some money then this trend will be normal and with all this we want to give some strength to the money those who have some of the cryptocurrency then they can cash out this any time So if bitcoin is accepted everywhere we can say that bitcoin become daily currency.Pay for coffee is possible, there are even existing coffee shop that accepts bitcoin as a payment across the world, but payment for everything I think is far enough from reality. Let says you see an exotic street food during your travel at Thailand, those sidewalk vendors won't accept you bitcoin payment, some even don't accept dollars. That is my local fiat were present to be a legal and popular tender for each country.Bitcoin doesn't need to be an everyday currency, but rather serve as the store of value in the representative form of digital gold. If that is the case, then higher transaction fees and long confirmation times reduce the incentive for participants to move money, leading to more holding, theoretically reducing the

Ayiranorea

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Leading Crypto Sports Betting & Casino Platform

Quote from: Jaya912 on March 14, 2018, 05:45:02 PM

Quote from: Xanxus024 on March 06, 2018, 04:05:40 AM

For me its not because of the higher fee and too slow for the confirmations and we know the price of bitcoin is not stable compare to our local currencies but we never know what will happen maybe someday it may become suitable for that thing.

nobody will know what happen in the future even in the next minute.
so how if bitcoin fix the high price and make the transaction very fast with new technology? so with that moves, bitcoin can be easy to use as daily currency. bitcoin developer just need to fix those two problem.

Yes, no one has the clear picture about the future of bitcoin. It is all about the support it gains with time period. As the technology is a must for the development we have got increased chances for the adoption of bitcoin in a much larger scale. If this happens we can see bitcoin getting used same as daily currency.

Delos

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Yes

It should be. The life would be more easy. Just pay with your wallet app on your mobile.

Jaya912

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Quote from: Xanxus024 on March 06, 2018, 04:05:40 AM

For me its not because of the higher fee and too slow for the confirmations and we know the price of bitcoin is not stable compare to our local currencies but we never know what will happen maybe someday it may become suitable for that thing.

nobody will know what happen in the future even in the next minute.
so how if bitcoin fix the high price and make the transaction very fast with new technology? so with that moves, bitcoin can be easy to use as daily currency. bitcoin developer just need to fix those two problem.

Topic: Can Bitcoin become a daily currency? - page 6. (Read 1405 times)