Pages:
Author

Topic: Can you use Bitcoin as a practical currency? - page 12. (Read 1870 times)

newbie
Activity: 78
Merit: 0
September 09, 2018, 07:24:30 AM
#40
I think, with advancement of time, people well adopt cryptocurrency easily. It is true that, till now, the extent of utilisation of cryptocurrency is low because in many countries it is still not adopted. But cryptocurrency is the future to the digital transaction system. So, oneday it can be used for making transactions.
brand new
Activity: 0
Merit: 0
September 09, 2018, 06:26:34 AM
#39
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin Cheesy
What do you think brothers?
Yes I'm using Bitcoin as internet currency and as a payment method and also using it as exchanger of Altcoin
jr. member
Activity: 210
Merit: 1
September 09, 2018, 07:19:02 AM
#39
Bitcoin is a online currency. Bitcoin is not a touchable currency. It is not able transfer hand to hand. You can see just your bitcoin in online wallet. But you can transfer your bitcoin from any where at any time in other wallet. You can use bitcoin payment transaction for buy something.
newbie
Activity: 14
Merit: 0
September 09, 2018, 06:26:49 AM
#38
Now many online websites and offline merchants accepting bitcoin as a payment but not all so you need to find it but if u are purchasing some lower price stuffs from bitcoin than transaction fee will be more than ur stuffs. american express or VISA is not providing these kind of facility but we can spend our bitcoins but can't hold as a physical currency. i think soon we can spend our bitcoin for our daily requirements also many companies like BMW,Samsung is accepting bitcoin as a payment.
newbie
Activity: 51
Merit: 0
September 09, 2018, 06:26:24 AM
#37
Absolutely you can use bitcoin as real currency for buying anything. Some of country or Mart accepting bitcoin as payment means.  One issue is time taking in payment confirmation.
newbie
Activity: 238
Merit: 0
September 09, 2018, 06:14:09 AM
#36
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin Cheesy
What do you think brothers?

cards don't fancy working with crypto atm, the only option seems to be going through bank, I know some germans are trying to bypass it, am wondering if that will work though
newbie
Activity: 98
Merit: 0
September 09, 2018, 05:55:55 AM
#35
buying something that I want using bitcoin maybe in my country Indonesia it is still rare or maybe not yet possible. because there is no platform machine facility to take bitcoin like in America and other large countries that have used bitcoin as legal payment
brand new
Activity: 0
Merit: 0
September 09, 2018, 05:40:49 AM
#34
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin Cheesy
What do you think brothers?
How to use your Bitcoin address and mange your account
newbie
Activity: 53
Merit: 0
September 09, 2018, 05:53:43 AM
#34
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin Cheesy
What do you think brothers?
Do whatever you want on your bitcoin, after all, that's a good practice to use bitcoin as a mode of payment if your country and merchants that operate within your place is open and accept bitcoin transaction then go on show the world that bitcoin ready for mass adoption.
newbie
Activity: 242
Merit: 0
September 09, 2018, 02:52:08 AM
#33
There are many fluctuations in the price of cryptocurrency like bitcoin. So, it is not wise to use bitcoin as a practical currency. But you can use bitcoin wisely if you want to buy from online.
newbie
Activity: 60
Merit: 0
September 09, 2018, 05:05:54 AM
#33
Yes, but you must be in a country that has legalized bitcoin, so you can make direct exchanges for payments in mini markets and online stores and others
member
Activity: 209
Merit: 12
September 09, 2018, 03:40:27 AM
#32
Bitcoin is actually used as a practical currency. People in the crypto world most a time use bitcoin for most of their transactions online, either to send funds from one person to another or to buy other cryptocurrencies.
newbie
Activity: 39
Merit: 0
September 09, 2018, 03:36:31 AM
#31
.You can make purchase with bitcoin online through in quite a lot of online stores. If you charge  the on line more then you will find bitcon.I am wating the day when we will able to use bitcoin even for the mocrotransation becase most of the cases bitcoinis not use friendly in case of micro transactions most of things of daily need are able at the price of bitcoin translation fee.
newbie
Activity: 58
Merit: 0
September 09, 2018, 01:37:03 AM
#30
There are already many places in the world where you can make payment through Bitcoin for services. You could shop with Bitcoin, pay food bill and make other payments through Bitcoin. In future, we would be able to discover more benefits of Bitcoin.
copper member
Activity: 381
Merit: 0
September 09, 2018, 03:20:03 AM
#30
Not yet can bitcoin be used as a full practical currency. Just like some parts of the world still struggle to use the Internet and also PayPal as a means of payment in the world today, so will people also continue to struggle to see bitcoin a full physical currency.. This is because bitcoin isn't a physical currency but a digital currency. Everyone who embraces the internet and online options will eventually accept the bitcoin for what it is. A digital currency.
newbie
Activity: 52
Merit: 0
September 09, 2018, 01:36:26 AM
#29
Though there are many shops or organizations that have started accepting bitcoin, most of the shops or organizations don’t accept it because of the bitcoin’s volatility and lack of knowledge about bitcoin. So, in that case, you have to face the problem.
newbie
Activity: 50
Merit: 0
September 09, 2018, 03:10:17 AM
#29
American express or VISA don’t offer such kind of transaction opportunity using bitcoin. So, you have to use a wallet if you want to use. Moreover, you can’t use bitcoin as a practical currency like a traditional currency.
newbie
Activity: 225
Merit: 0
September 09, 2018, 01:59:12 AM
#28
It is depended on your country's regulation or laws. Besides, it also depended on the place where you use Bitcoin for paying.
If your country accepted use Bitcoin for paying and that place have machine to deal with it that you can use Bitcoin as a practical currency.
But I think you saw it, Bitcoin price is unstable and you can gain profit through it, so do you want to speculate it or you it for a payment ? Smiley
newbie
Activity: 41
Merit: 0
September 09, 2018, 01:14:56 AM
#27
Bitcoin can not be use as practical money directly in present. But you can use them after transaction it from bitcoin atm. Hope that one day, very soon it can be used as practical money besides local money.
newbie
Activity: 33
Merit: 0
September 09, 2018, 01:51:25 AM
#27
Yes, it can be used. If you look deeper into the matter, you would find that already there are many places where Bitcoin is used for payments. If Bitcoin is illegal in your country, you can also use it for making various payments.
Pages:
Jump to: