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Topic: can you imagine bitcoin as your prime currency. - page 7. (Read 1460 times)

hero member
Activity: 1344
Merit: 502
Once the lightening network is implemented successfully Bitcoin will become a more effective payment method

Until then Ethereum might be a better alternative
legendary
Activity: 3178
Merit: 1128
Definitely! as long as all my transactions and orders can be done using bitcoin as a means of payment. But most times, in the real world, u still need fiat to make things happen but i can say they are limited. Bitcoin being the prime currency will be great
We all feel the presence of fiat currency so important because we have seen this fiat money being used since our birth. We are dealing in them and the system is all based on fiat so definitely we would be using fiat in somewhere as compulsory. But what if a century has been passed, and now you would be seeing the market full with bitcoins. Everyone is dealing in them and fiat is just absent.
newbie
Activity: 224
Merit: 0
Bitcoin is part of my life. It has changed my life.

I think bitcoin is the currency of our future, and I see that every financial system USES bitcoin and blockchain technology.
member
Activity: 325
Merit: 11
I have no problem with that. It's so convenient to use. Hope there'll be more businesses accepting bitcoin in the near future. That's what's important.
hero member
Activity: 888
Merit: 500
Bitcoin is like a dream, beautiful, fun, and also sad but it is real. While we have bitcoins and prices go up, it's great fun and expects prices to go up, but as bitcoin declines, it's very sad. The advantage that becomes our vision to earn money and investment, but it is very difficult to hold it because our needs are the main factor. We all hope bitcoin has the best price.
sr. member
Activity: 1960
Merit: 329
it seems a bit difficult for bitcoin to be able to become a world currency. I never imagined. but after I learned more deeply. it seems to be a bit difficult,we must also talk about things that are relative and logical
For us to be logical we can very well believe that there will never be a time in this world when a single currency will become accepted by everyone as a world currency. Whether bitcoin or any fiat.
full member
Activity: 462
Merit: 100
ANONYMOUS MOBILE PAYMENTS
I could pretty much see crypto currencies as my primary currency. As much as i can, i pay for things with crypto currency. Making evryone accept crypto currencies will just make things a heck of a lot easier. I just hope i see it in my lifetime.
hero member
Activity: 1148
Merit: 504
I imagine how long you have to wait in line at the grocery store or supermarket to check out due to long confirmation time (unless you pay a higher fee) bitcoin is really good to pay something online but in real life or paying small amount i think bitcoin isn't suited for that. But to replace something like western union yes bitcoin can do that perfectly. On the other hand, it's really hard to find a shop that accepts bitcoin as payment method due to lack of adoption.
It is true that right now bitcoin is not very suitable to pay for your groceries in a supermarket because the confirmation time is simply too long, but this could be solved once the lightning network is completely activated once that happens we will be able to use our bitcoin anywhere we want and we will get very fast confirmations and when that happens finally will see bitcoin being adopted and being used in our everyday lives.
if you want faster confirmation you can add transaction fee but I doubt people will shop with bitcoin with very expensive transaction fee, I think the other problem is the limited acceptance of bitcoin in various merchants, so we will still be difficult to spend bitcoin, for now using bitcoin for major currencies can not be relied upon
member
Activity: 420
Merit: 14
Well I'd like ti wake up one morning and be able to transact  to anyone and anywhere with whatever i would need or want and pay for it in crypto currency. But i guess we needbto see a more stable coin first before we actually talk about this.
sr. member
Activity: 756
Merit: 250
it seems a bit difficult for bitcoin to be able to become a world currency. I never imagined. but after I learned more deeply. it seems to be a bit difficult,we must also talk about things that are relative and logical
member
Activity: 238
Merit: 11
Bitcoin as a prime currency in society is idealistic but I do not think that they have yet to take on considerations like not all people have access to the internet or even technology to which bitcoin rely on. Not to mention its volatility which makes it a need to constantly adjust prices of products or service according to value.
On the other hand, it will be more convenient and secure due to its technological advancements greater than fiat.
We'll know once we get there.
sr. member
Activity: 631
Merit: 253
IMO it was still a good idea to have bitcoin accepted in our country, but it is also good to have your own currency for your country. That doesn't mean your respective currency will be replaced, what i really mean is that we could have bitcoin as an alternate payment system or alternative solution when it comes to paying unto merchants as another option for people who wants the other way around.
hero member
Activity: 840
Merit: 502
I imagine how long you have to wait in line at the grocery store or supermarket to check out due to long confirmation time (unless you pay a higher fee) bitcoin is really good to pay something online but in real life or paying small amount i think bitcoin isn't suited for that. But to replace something like western union yes bitcoin can do that perfectly. On the other hand, it's really hard to find a shop that accepts bitcoin as payment method due to lack of adoption.
It is true that right now bitcoin is not very suitable to pay for your groceries in a supermarket because the confirmation time is simply too long, but this could be solved once the lightning network is completely activated once that happens we will be able to use our bitcoin anywhere we want and we will get very fast confirmations and when that happens finally will see bitcoin being adopted and being used in our everyday lives.
full member
Activity: 798
Merit: 104
I see the future that bitcoin will optimistically hit its value in 2020 as my prime currency which they are all speculated by many expert in cryptocurrency world. Due to its volatility it always matter of advantage and disadvantage when marketcap is concerned.
newbie
Activity: 153
Merit: 0
Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
I look forward that in the future bitcoin is my prime currency.Its become more easy and faster transaction.I think because of bitcoin it less tha traffic,more transaction will thru internet.
full member
Activity: 952
Merit: 107
Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.


I am not sure bitcoin as my prime currency. Bitcoin is too volatile and unstable to become the main currency. maybe If the bitcoin is stable, it will be used as currency.

Yes agree, for the time now it seems very difficult to be able to realize bitcoin as primary currency, of course is a funny thing if the morning bitcoin price of $ 9000 then afternoon we want to shop with bitcoin to buy a car and then to the cashier bitcoin price to $ 8000.
Bitcoin as prime currency is hard to believe but using it for the world exchange. Price is unstable and when use it as payment in the store, you do not have choice even the price is low that you predicted to be high at the moment. You cannot budget that properly on the things that you have to buy. Bitcoin is good when changes positively but give problem and lose you what you gain when it falls.
hero member
Activity: 2940
Merit: 627
Vave.com - Crypto Casino
I can imagine when I'm about to use bitcoin as my money.

Me going to my favorite donut store and gonna pay bitcoin.

Me: How much is this Bavarian glaze?

Crew: It's zero point zero zero zero zero one bitcoin.  Grin
full member
Activity: 252
Merit: 100
Streamity Decentralized cryptocurrency exchange
No, I cant. It is hard to believe that bitcoin will become a primary currency. As you can see, it is certain that bitcoin can not be use as a legal currency. Even the bitcoiners only want to hold bitcoin for money. Therefore, do not trust this dream. Other cryptos will replace bitcoin
sr. member
Activity: 728
Merit: 250
Look ARROUND!
I believe that in the future we will use crypto-currencies more as a means of payment, but bitcoin as the main currency, at the moment seems unreal.
sr. member
Activity: 1463
Merit: 265
Pepemo.vip
I can, if in supermarkets it will be possible to pay bitcoins. And also, if you can pay the waiters a tip in bitcoins.
That is true and that world could come faster than we think, for me it will be getting more popular when price of bitcoin would be more stable, that could happen when whole amount of it will be mined.
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