Do you use cryptocurrencies in your daily life? Are they useful?

joshy23

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Quote from: Yatsan on February 02, 2020, 10:39:14 AM

Quote from: NavI_027 on January 27, 2020, 06:16:39 PM

Quote from: kateycoin on January 27, 2020, 06:03:20 PM

Of course I used cryptocurrency in my daily life it's been 4years since I start to use it. And I should say that cryptocurrency is useful especially that our generation in more high-tech and some is using digital technology to make our daily life easy. This time cryptocurrency is useful because some are adopting the crypto to their platforms to make easy to their user/customers.

So cool

! But how can you everyday use it? I'm just asking because based on you statement it seems that your place has so many opportunities for using crypto. While in my case, I only use bitcoin weekly for buying prepaid load to my smartphone but if I really had given a chance to see a physical store where I can find everything I wanted then I think I'll miss fiat for a long time hahaha Grin

.

Man, I will really wouldn't recommend using bitcoin into stores hahaha LOL, the fee will kill you!!!! And sometimes if the transaction is getting traffic the fee will be more than the cost of what are you buying. And it takes 30mins-1hr to get 2 confirmation so you are going to wait for 1hr at the store to buy sometihng? haha. I can recommend it in online shopping and that's it. Bitcoin as currency or mode of payment in real world is not really a good thing, It's okay now that it's a tool for investment. Like it or hate it, the transaction speed in real world really matter.

Fees killing those who are wanted to use this system for their everyday transactions, it's tough to pay more instead of using fiat or other digital money. It's still accepted as tools for investment and not more than that. Only few are engaged with using this chain for their daily needs. Most are using it as stored assets.

joshy23

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Quote from: Silberman on January 28, 2020, 02:22:22 PM

Quote from: ?? on ??

I used to pay with crypto to buy expensive stuff and it was interesting. Although the experience was not so different from fiat money, I was happy when people started to know bitcoin and wanted to hold it. The thing is, do I want to buy some household items? After I went to the store, the owner said he could receive bitcoins or ETH at checkout. I was happy about that and suddenly realized that if there were so many people, the demand of crypto would increase a lot.

I would love for that to happen to me but most people in my country do not even know that bitcoin exist and the few that do think it is a scam or something because they do not take the time to investigate for themselves about this coin and they let the media to tell them what to think, and as long as that is the case I really believe I am not going to see a lot of adoption in my country and I will have to keep holding my coins even if I want to spend some of them in stuff that I want and need.

The problem with that is you'll need to wait for much longer time to achieve your goals in using crypto for your daily needs. Without any good adoptions
people around you will be hard to convince that this system already exist and they can use it as a good alternatives. Crypto demands will take place once government will show big interest to allow the system to exist within their jurisdictions.

Triffin

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Quote from: breathlessz on January 29, 2020, 09:10:35 PM

Quote from: Faxmate on January 29, 2020, 11:26:43 AM

Quote from: Silberman on January 28, 2020, 02:22:22 PM

Quote from: ?? on ??

I used to pay with crypto to buy expensive stuff and it was interesting. Although the experience was not so different from fiat money, I was happy when people started to know bitcoin and wanted to hold it. The thing is, do I want to buy some household items? After I went to the store, the owner said he could receive bitcoins or ETH at checkout. I was happy about that and suddenly realized that if there were so many people, the demand of crypto would increase a lot.

I would love for that to happen to me but most people in my country do not even know that bitcoin exist and the few that do think it is a scam or something because they do not take the time to investigate for themselves about this coin and they let the media to tell them what to think, and as long as that is the case I really believe I am not going to see a lot of adoption in my country and I will have to keep holding my coins even if I want to spend some of them in stuff that I want and need.

This is really sad to see in this modern era people do not know about crypto when it has become basic need for us. In my place people are well educated and they all know how useful and beneficial crypto is. So I can easily buy and sell with crypto whatever I need and I want to get in can buy because markets accept bitcoin as payment and they have safe exchanges for it with quick service.

that's because you're in the environment of bitcoiner. We know that bitcoin users in the world are very minimal, so that it allows many people around us not to know them. moreover there is no regulation from the government, which hinders its development, in my city, there are only a few bitcoiner that can be counted on the fingers

In my place it's not like this because it's well developed nation and people accepts the new technologies made for their betterment. Crypto and bitcoin has no regulation in my country as well but still people use it for buying and selling goods and also it's being use as an asset. People are holding and making investment also they are using at time of need.

imstillthebest

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Quote from: hahay on February 02, 2020, 11:07:48 AM

Quote from: Yatsan on February 02, 2020, 10:39:14 AM

Quote from: NavI_027 on January 27, 2020, 06:16:39 PM

Quote from: kateycoin on January 27, 2020, 06:03:20 PM

Of course I used cryptocurrency in my daily life it's been 4years since I start to use it. And I should say that cryptocurrency is useful especially that our generation in more high-tech and some is using digital technology to make our daily life easy. This time cryptocurrency is useful because some are adopting the crypto to their platforms to make easy to their user/customers.

So cool

! But how can you everyday use it? I'm just asking because based on you statement it seems that your place has so many opportunities for using crypto. While in my case, I only use bitcoin weekly for buying prepaid load to my smartphone but if I really had given a chance to see a physical store where I can find everything I wanted then I think I'll miss fiat for a long time hahaha Grin

.

Man, I will really wouldn't recommend using bitcoin into stores hahaha LOL, the fee will kill you!!!! And sometimes if the transaction is getting traffic the fee will be more than the cost of what are you buying. And it takes 30mins-1hr to get 2 confirmation so you are going to wait for 1hr at the store to buy sometihng? haha. I can recommend it in online shopping and that's it. Bitcoin as currency or mode of payment in real world is not really a good thing, It's okay now that it's a tool for investment. Like it or hate it, the transaction speed in real world really matter.

If bitcoin has physical form then the speed of real usage will be equivalent to fiat, right? Maybe that's the problem. But when we talk about digital payments, it seems there is nothing wrong with implementing bitcoin there, but indeed, the fee is likely to be greater but I think it can be overcome when the platform adopts it by making promotions or anything that will not charge customers just because of a fee , because of this digital era even fiat payments can be made with a digital system that makes transactions not always using cash.

you mean the platform will shoulder the fee via promotions . that is okay if they want to promote bitcoin not just by only accepting it as a payment source . i also like the idea of having a fiat based crypto so that the fee and and the loading times can be cut off . that is the only way that people will use crypto in their daily living . for now due to fees and waiting times , people were now picking a day if the network is not congested and that is the time they will make a trasnsaction .

hahay

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Quote from: Yatsan on February 02, 2020, 10:39:14 AM

Quote from: NavI_027 on January 27, 2020, 06:16:39 PM

Quote from: kateycoin on January 27, 2020, 06:03:20 PM

Of course I used cryptocurrency in my daily life it's been 4years since I start to use it. And I should say that cryptocurrency is useful especially that our generation in more high-tech and some is using digital technology to make our daily life easy. This time cryptocurrency is useful because some are adopting the crypto to their platforms to make easy to their user/customers.

So cool

! But how can you everyday use it? I'm just asking because based on you statement it seems that your place has so many opportunities for using crypto. While in my case, I only use bitcoin weekly for buying prepaid load to my smartphone but if I really had given a chance to see a physical store where I can find everything I wanted then I think I'll miss fiat for a long time hahaha Grin

.

Man, I will really wouldn't recommend using bitcoin into stores hahaha LOL, the fee will kill you!!!! And sometimes if the transaction is getting traffic the fee will be more than the cost of what are you buying. And it takes 30mins-1hr to get 2 confirmation so you are going to wait for 1hr at the store to buy sometihng? haha. I can recommend it in online shopping and that's it. Bitcoin as currency or mode of payment in real world is not really a good thing, It's okay now that it's a tool for investment. Like it or hate it, the transaction speed in real world really matter.

If bitcoin has physical form then the speed of real usage will be equivalent to fiat, right? Maybe that's the problem. But when we talk about digital payments, it seems there is nothing wrong with implementing bitcoin there, but indeed, the fee is likely to be greater but I think it can be overcome when the platform adopts it by making promotions or anything that will not charge customers just because of a fee , because of this digital era even fiat payments can be made with a digital system that makes transactions not always using cash.

iamsheikhadil

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Activity: 1022

Merit: 133

I use crypto for trading in daily life if that counts Tongue

truly, we traders should also facilitate crypto use to purchase online stuffs if not pay it for online purchases. I hope though, crypto is used for transactions normally online as my country is changing its stances on crypto Tongue

Bellarg

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Activity: 149

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Only true fans will use crypto for payments right now. Or people who leave in countries with wide spread of adoption. Crypto card fees are too high for everyday life usually

Yatsan

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Quote from: NavI_027 on January 27, 2020, 06:16:39 PM

Quote from: kateycoin on January 27, 2020, 06:03:20 PM

Of course I used cryptocurrency in my daily life it's been 4years since I start to use it. And I should say that cryptocurrency is useful especially that our generation in more high-tech and some is using digital technology to make our daily life easy. This time cryptocurrency is useful because some are adopting the crypto to their platforms to make easy to their user/customers.

So cool

! But how can you everyday use it? I'm just asking because based on you statement it seems that your place has so many opportunities for using crypto. While in my case, I only use bitcoin weekly for buying prepaid load to my smartphone but if I really had given a chance to see a physical store where I can find everything I wanted then I think I'll miss fiat for a long time hahaha Grin

.

Man, I will really wouldn't recommend using bitcoin into stores hahaha LOL, the fee will kill you!!!! And sometimes if the transaction is getting traffic the fee will be more than the cost of what are you buying. And it takes 30mins-1hr to get 2 confirmation so you are going to wait for 1hr at the store to buy sometihng? haha. I can recommend it in online shopping and that's it. Bitcoin as currency or mode of payment in real world is not really a good thing, It's okay now that it's a tool for investment. Like it or hate it, the transaction speed in real world really matter.

Hilsgort_T

newbie

Activity: 17

Merit: 0

At the moment, I almost don't use cryptocurrency, because there are no conditions for this. Stores do not accept cryptocurrency. At my work, I also get paid with fiat money, not cryptocurrency. So I think it's too early for this. But I think a lot will change in the next 5 years. At least I hope so.

Twentyonepaylots

sr. member

Activity: 1918

Merit: 370

Quote from: kateycoin on January 27, 2020, 06:03:20 PM

Of course I used cryptocurrency in my daily life it's been 4years since I start to use it. And I should say that cryptocurrency is useful especially that our generation in more high-tech and some is using digital technology to make our daily life easy. This time cryptocurrency is useful because some are adopting the crypto to their platforms to make easy to their user/customers.

Most uses cryptocurrencies find nkwadays are either for gambling, investment or for profit. It doesnmt really see success in commerce which is what it's supposed to be used for in the first place. I believe that most of us here have been interested with cryotocurrencies because of its profitability. Even I is not exempted. It's not a bad thing after all. It would just be much nicer if you could also use cryptocurrencies as rampant as investing on it.

breathlessz

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Trphy.io

Quote from: Faxmate on January 29, 2020, 11:26:43 AM

Quote from: Silberman on January 28, 2020, 02:22:22 PM

Quote from: ?? on ??

I used to pay with crypto to buy expensive stuff and it was interesting. Although the experience was not so different from fiat money, I was happy when people started to know bitcoin and wanted to hold it. The thing is, do I want to buy some household items? After I went to the store, the owner said he could receive bitcoins or ETH at checkout. I was happy about that and suddenly realized that if there were so many people, the demand of crypto would increase a lot.

I would love for that to happen to me but most people in my country do not even know that bitcoin exist and the few that do think it is a scam or something because they do not take the time to investigate for themselves about this coin and they let the media to tell them what to think, and as long as that is the case I really believe I am not going to see a lot of adoption in my country and I will have to keep holding my coins even if I want to spend some of them in stuff that I want and need.

This is really sad to see in this modern era people do not know about crypto when it has become basic need for us. In my place people are well educated and they all know how useful and beneficial crypto is. So I can easily buy and sell with crypto whatever I need and I want to get in can buy because markets accept bitcoin as payment and they have safe exchanges for it with quick service.

that's because you're in the environment of bitcoiner. We know that bitcoin users in the world are very minimal, so that it allows many people around us not to know them. moreover there is no regulation from the government, which hinders its development, in my city, there are only a few bitcoiner that can be counted on the fingers

Faxmate

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Quote from: Silberman on January 28, 2020, 02:22:22 PM

Quote from: ?? on ??

I used to pay with crypto to buy expensive stuff and it was interesting. Although the experience was not so different from fiat money, I was happy when people started to know bitcoin and wanted to hold it. The thing is, do I want to buy some household items? After I went to the store, the owner said he could receive bitcoins or ETH at checkout. I was happy about that and suddenly realized that if there were so many people, the demand of crypto would increase a lot.

I would love for that to happen to me but most people in my country do not even know that bitcoin exist and the few that do think it is a scam or something because they do not take the time to investigate for themselves about this coin and they let the media to tell them what to think, and as long as that is the case I really believe I am not going to see a lot of adoption in my country and I will have to keep holding my coins even if I want to spend some of them in stuff that I want and need.

This is really sad to see in this modern era people do not know about crypto when it has become basic need for us. In my place people are well educated and they all know how useful and beneficial crypto is. So I can easily buy and sell with crypto whatever I need and I want to get in can buy because markets accept bitcoin as payment and they have safe exchanges for it with quick service.

Silberman

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Quote from: ?? on ??

I used to pay with crypto to buy expensive stuff and it was interesting. Although the experience was not so different from fiat money, I was happy when people started to know bitcoin and wanted to hold it. The thing is, do I want to buy some household items? After I went to the store, the owner said he could receive bitcoins or ETH at checkout. I was happy about that and suddenly realized that if there were so many people, the demand of crypto would increase a lot.

I would love for that to happen to me but most people in my country do not even know that bitcoin exist and the few that do think it is a scam or something because they do not take the time to investigate for themselves about this coin and they let the media to tell them what to think, and as long as that is the case I really believe I am not going to see a lot of adoption in my country and I will have to keep holding my coins even if I want to spend some of them in stuff that I want and need.

Barbut

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Quote from: Jiyens3 on January 27, 2020, 01:40:31 PM

Quote from: Barbut on January 27, 2020, 10:53:56 AM

I can't use cryptocurrency in my daily life, except in one case, if I wish to gamble every day I can use cryptocurrencies for that, which I am doing, but it's my own thing. Not every country is in the same position, not every man is in the same situation, why people can't make a difference. Can I compare myself with someone who lives in Tokio, New York, London, Beijing....? I can't, and why I would do?
People complicate too much, and from all that complication they still stay in the mood! Keep it simple, do what you can, wish for what you can achieve with hard work!

No problem. you can convert your cryptocurrency to fiat money and use for daily life. its also happen to me when i can not use my crypto in daily life but my country and goverment not accept for payment yet. so before use i always convert my crypto to fiat money, its no worries for me because i still use it for online

I'm doing that, there's no other way. I wanted to say that I can't use cryptocurrencies directly. Converting cryptocurrencies in fiat means several transaction fees, exchange fees and in the end bank fees. It's not a big deal, but when you are forced to do it several times in short periods you see that fees can eat your money.

carlisle1

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Quote from: kateycoin on January 27, 2020, 06:03:20 PM

Of course I used cryptocurrency in my daily life it's been 4years since I start to use it. And I should say that cryptocurrency is useful especially that our generation in more high-tech and some is using digital technology to make our daily life easy. This time cryptocurrency is useful because some are adopting the crypto to their platforms to make easy to their user/customers.

mind telling us in which way you are using crypto in your daily living?what specific product or service that offers accepting crypto in your country?am just interested on which you will share us so we might have ideas?

in my country there are some few service or product that accept Crypto specifically bitcoin that is why i can only use it in minimal ways but i always find places where i can spend my currencies.

Wexlike

legendary

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I'm not using it daily but rather weekly. If you look at my signature, one of the payments for advertising is obviously through a crypto currency. So the use case is there. A few years ago it was piss-cheap(like nothing) to use the blockchain due to low demand, so I was transferring mining rewards up to 3 times a day to my wallets. Guess it's time to apologize for my blockchain pollution (including some data storage spam in Bitcoin *cough *cough)? ^^

On the other hand, I only really used crypto currencies once to buy real-life goods for it. When traveling to Berlin, I could pay for beer and french fries with coins that my gaming GPU mined just a few days before the trip. How cool is that !? My gf at that time was proud, but not entirely sold to that concept. But she didn't mind the tasty german beer I guess.

NavI_027

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Quote from: kateycoin on January 27, 2020, 06:03:20 PM

Of course I used cryptocurrency in my daily life it's been 4years since I start to use it. And I should say that cryptocurrency is useful especially that our generation in more high-tech and some is using digital technology to make our daily life easy. This time cryptocurrency is useful because some are adopting the crypto to their platforms to make easy to their user/customers.

So cool

! But how can you everyday use it? I'm just asking because based on you statement it seems that your place has so many opportunities for using crypto. While in my case, I only use bitcoin weekly for buying prepaid load to my smartphone but if I really had given a chance to see a physical store where I can find everything I wanted then I think I'll miss fiat for a long time hahaha Grin

.

kateycoin

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Of course I used cryptocurrency in my daily life it's been 4years since I start to use it. And I should say that cryptocurrency is useful especially that our generation in more high-tech and some is using digital technology to make our daily life easy. This time cryptocurrency is useful because some are adopting the crypto to their platforms to make easy to their user/customers.

Jiyens3

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Quote from: Barbut on January 27, 2020, 10:53:56 AM

I can't use cryptocurrency in my daily life, except in one case, if I wish to gamble every day I can use cryptocurrencies for that, which I am doing, but it's my own thing. Not every country is in the same position, not every man is in the same situation, why people can't make a difference. Can I compare myself with someone who lives in Tokio, New York, London, Beijing....? I can't, and why I would do?
People complicate too much, and from all that complication they still stay in the mood! Keep it simple, do what you can, wish for what you can achieve with hard work!

No problem. you can convert your cryptocurrency to fiat money and use for daily life. its also happen to me when i can not use my crypto in daily life but my country and goverment not accept for payment yet. so before use i always convert my crypto to fiat money, its no worries for me because i still use it for online

Barbut

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I can't use cryptocurrency in my daily life, except in one case, if I wish to gamble every day I can use cryptocurrencies for that, which I am doing, but it's my own thing. Not every country is in the same position, not every man is in the same situation, why people can't make a difference. Can I compare myself with someone who lives in Tokio, New York, London, Beijing....? I can't, and why I would do?
People complicate too much, and from all that complication they still stay in the mood! Keep it simple, do what you can, wish for what you can achieve with hard work!

Topic: Do you use cryptocurrencies in your daily life? Are they useful? (Read 14368 times)