Topic: Can you use Bitcoin as a practical currency? - page 5. (Read 1870 times)
It relies upon the physical that you are discussing. Normally, you probably won't have the capacity to deal with bitcoin physically, however, can execute on it by means of the web or through bitcoin ATM. You can also purchase whatever you need to purchase utilizing these methods.
I personally can not because bitcoin and crypto currency for me is something that does not exist that is unreal, that can not be seen and touched
Some users lack the infrastructure required to use bitcoin
Some users lack the knowledge required to use bitcoin
Infrastructure is really a big word. I think it would be more apt to say that some user does not have access to use bitcoin.
Bitcoin resides online on the internet should one wish to make use of it. Bitcoin being digital in nature requires a user to have an internet connection. But nowadays, there are only few places that remains out of reach by internet service providers. So in totality, internet to access bitcoin is not an issue.
The lack of knowledge regarding bitcoin is not really the issue here, rather, the inability to comprehend the whats and the hows of bitcoin is the major challenge. Truth in fact, setting up bitcoin wallets is as easy as 1-2-3 for grade five students.
Thus, i do believe that you can use bitcoin as a practical currency, provided that you exert a bit more effort unto that.
Bitcoin is a digital currency that its uses is for financial and business transactions . It may use as practical currency because there are sub standards that we can deposit and withdraw it through bitcoin wallets or any applications that saves BTC for any purposes on your life.
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:
Now I want to purchase my Pizza using Bitcoin
What do you think brothers?
You want to use Bitcoin as a real currency but that can not be determined by you. Only when businesses accept their Bitcoin business will your wish come true. There are many people who are interested in Bitcoin, but it still does not guarantee that it can hold steady assets like paper money. 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
What do you think brothers?
Hi everyone. In the future, let's hope that bitcoin will replace the practical currency.
I bought a house for bitcoin under a gift agreement
No, of course not. I do not even know the people who do it. In some countries it is possible to make some types of purchases for bitcoin ... however this in a global sense is currently inconvenient at all. Too small variety of goods at the moment in the world is offered for payment using bitcoin. As yet, bitcoin is far away from the currency that a large number of people will use.
:oWe are gradually getting there where bitcoin will become the normal currency that will be used daily on normal transactions worldwide since the industry is still developing and making discoveries everyday.Time will tell what bitcoin can actually do in the future to come. 
Of course you can use bitcoin as a practical currency! especially those who trade with bitcoin, they will miss bitcoin, now there are so many companies that use bitcoin to make transactions.
there are many project working in making cryptocurrency spendable on anything including being able to be used to purchase pizza and this has lead them in pursuing crypto card. A form of debit card that make cryptocurrencie being used for purchase of good and services just like fiat. I think monaco card is now fully licensed to offer cryptocard to customers. Amon card too is pursuing the license which will enable them to be able to produce cryptocard for customers. ones you have the card then you can use it to purchase pizza.
Depends on how "practical" is to you. Many here will find bitcoins practical for various purposes. On the other hand, if you're talking about practicality in a sense where you can use it just like cash, you might have to cross a few borders. There are still a handful of restrictions, so it might take Bitcoin some time, but I do believe that it's on its way there.
In parts of Asia, Bitcoin is already being accepted as payment for lot of things Customers are able to pay their gas, water and electric bills digitally and directly using Bitcoin, without having to convert into local currency. In Japan, consumers can buy a lot of things including electronics with Bitcoin at the largest electronics stores in the country. Now in the US, some local shops are starting to pop up where Bitcoin is accepted as valid payment. Rolls Royce and some other car companies have started to accept them .I hope that answers your question! 
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:
Now I want to purchase my Pizza using Bitcoin
What do you think brothers?
surely one day everything you say will happen but with the condition of course the government or country accepts crypto currency can be officially used for buying and selling transactions 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
What do you think brothers?
Well you have the answer.. You cant use it because of the process of payments.. It's hustle to the cashier if there is a fiat and btc payment.. And as if all cashier know about bitcoin.. I think it will be posible if your country is open to learn about bitcoin and goverment and some stores make an app for bitcoin payment and also you country needs to be free wifi of all areas..
I think it's not surprising to use bitcoin as an everyday coin. Just at this point in time it does not work in all countries of the world and not all sales points accept this currency. I think that such time will come in the near future. because it takes time to implement this coin in all areas.
Seeing bitcoin as a permanent currency and also using it. Because the coming era will be a digital age, in which cryptocurrency will play an important role and every small task will be from this.
We are gradually getting there where bitcoin will become the normal currency that will be used daily on normal transactions worldwide since the industry is still developing and making discoveries everyday.Time will tell what bitcoin can actually do in the future to come.
Yes you can but just look what it is happening in Venezuela ( and it will happen the same in Argentina soon ) : BTC is not the best currency to use daylife. Instead going with Bitcoin and use as digital currency ( aka contactless ) they use Dash which made a great efort to promote its coin there with conferences and all that stuff but they made it well known and pratical to use it.
Because it was one of its kind and it guarantee you the privacy you need it's a great coin and Bitcoin in other hands remain the most known crypto but seen only as a form of investment right now ( speculation if you're a whale or big trader ) and that's why you can use it as your normal credit card.
Because it was one of its kind and it guarantee you the privacy you need it's a great coin and Bitcoin in other hands remain the most known crypto but seen only as a form of investment right now ( speculation if you're a whale or big trader ) and that's why you can use it as your normal credit card.
That isn't easy if the predictions about the future of Bitcoin are more positive. It is possible to use cryptocurrency as a real currency. That is the hypothesis given.
Jump to: