There are many company availale who offer bitcoin holder to buy anything from online by bitcoin. Bitcoin are not accepted everywhere as payment in worldwide but it's developing and wish everyone will be able to use bitcoin as a practical currency worldwide.
Topic: Can you use Bitcoin as a practical currency? - page 9. (Read 1886 times)
For now, there are not enough infrastructure on ground to facilitate such, only a handful of merchants accept it or peer-to-per among friends and close associates on a more or less informal settings.
Bitcoin improving gradually and it offer people who hold it can ue practically. There are many shopping mall and company now willing to accept bitcoin as payment. And in future it will be acept broadly world wide as practical currency.
we can not use bit coin for daily purchase just because bit coin can not accept every where but some online organisation accept it.you can try those.just search in google
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?
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?
The users should not think a complicated way about using bitcoin. If you are a developer, you can make an application with a simple UI, and the other process are automate. User only need to deposit their fiat, and it convert automatically to btc. When user want to transfer their btc, they just have to scan the address barcode. That should the way user use crypto, leave the complicated things to developers.
Now it’s not possible to use for daily purchase. But I wish in future this is possible for purchase anything by using bit coin. everywhere every people will accept bit coin.
People in the crypto world most often use bitcoin for most of their transactions online, either to send funds from one person to another or to buy other cryptocurrencies.
Bitcoin has no physical structure so you can’t touch it but you'll buy things utilizing web, Bitcoin ATMs. By more than once doing this you conclusion up living life at a markdown. This medium is uncommonly client welcoming. You'll orchestrate and buy anything utilizing websites.
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?
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?
It all depends on every company policy that manages, whether VISA or American express where you are connected to bitcoin or not. If not, that means bitcoin cannot be used as an alternative payment instrument other than currency.
I don't know how you can make it happen but I know one thing - you can't try it. The reason is that you quote but there are more. You can lose money using Bitcoin every day, even if you don't sell it, the price can be lower and you will pay more Bitcoin for the same item.
Maybe I can use yes. In my country a shopping website accepts payments with Bitcoin. But do I use it? No! Like many people, I am looking at investment in Bitcoin.
This is like double edge sword for vendors as well as customers.its exactly like giving your shares against something.Which means if the market value decreased it is in loss and if it increased it's loss to customer.But customers are getting something whoose market value is zero after buying or that value is constant.That is unfare and we find out solution to that, it can be used as practical currency.
what practical are you talking about again? thousands of people out there are using bitcoin daily as a means of payment to so many transaction where it is accepted so what is the practical?
The existence of Bitcoin and other types of electronic money poses certain challenges to the current monetary system. There is a problem that the value of bitcoin always fluctuates constantly.
In my personal opinion, using bitcoin in everyday life is still not possible, we can only attract bitcoin with a high enough amount, we still cannot use bitcoin just to buy a candy in the store. Because a minimum withdrawal or delivery is sometimes assigned to a wallet by the owner of the wallet storage service.
Bitcoin has no physical structure so you can’t touch it but you can buy things using internet, Bitcoin ATMs. By repeatedly doing this you end up living life at a discount. This medium is very user friendly. You can order and buy anything using websites.
I think still there is no way to use bitcoin as a particular currency and visa, master card also still not accept bitcoin, it still need time.
Although it depends on your condition. Naturally we invest in bitcoin for profit. If you want to use it physically, then you have to convert Bitcoin to normal currency through Bitcoin ATM or online. Or you can use it in any shopping area as online shopping.
What do you guys think about the current state of affairs within the market? Do you believe altcoins/utility coins will continue to thrive?
Actually, it depends on the community or the people around you. if bitcoin is legal in your country and they already accept bitcoin as a currency, it will be easier to use it as a currency. then it's good to use buying and selling.
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