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Topic: Do you use cryptocurrencies in your daily life? Are they useful? - page 17. (Read 14368 times)

Pab
legendary
Activity: 1862
Merit: 1012
Unfortunately in my country  cryptocurrencies have zero use
The only one way i can use crypto is trading
And i don't see it will change anytime soon
full member
Activity: 504
Merit: 100
I did not experience using cryptocurrency in my daily life. Because here in my country there are only few store and establishment that are accepting cryptos for payment.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
maybe for countries that have formalized the crypto currency as the currency that applies as a legitimate currency of course it is very useful because it is more practical efficient and fast but in my country crypto currencies are still prohibited for transactions directly

I use only Bitcoin, for few years now. It's mainly for paying for goods in the stores which has become much more easier for me since the Bitcoin debit cards appeared.
To do that Bitcoin doesn't have to be formaly recgonized or regulated and you can use it everywhere in the world which is a huge advantage.
Using Bitcoin through debit card is not direct Bitcoin transaction so that shouldn't be a problem even in countries where Bitcoin transactions are under the special attention of governments or financial institutions.
sr. member
Activity: 854
Merit: 250
maybe for countries that have formalized the crypto currency as the currency that applies as a legitimate currency of course it is very useful because it is more practical efficient and fast but in my country crypto currencies are still prohibited for transactions directly
newbie
Activity: 7
Merit: 0
I only use cryptocurrency in-game exchange or website design, I think it is not part of my life. Because I myself was dependent on so much money. Cryptocurrency is also very convenient to trade if accepted by many countries around the world.
sr. member
Activity: 1568
Merit: 283
I also have bitcoin and I also use it to buy something with companies that allow the use of bitcoin to trade. In the future, I also hope many business units will use more bitcoin
Of course it is like money in any place where it is generally accepted as a medium of exchange of making instant transactions. So you could use it for any purpose that you normally use money to deal with. In the US and European countries, it is widely accepted even in small outlets and malls. This is a substitute to money. One best use of Bitcoin is that it is used to store value over time and growth in the value is a prominent feature of Bitcoin.
newbie
Activity: 30
Merit: 0
I do not use crypto currencies for my daily life because the crypto currency is not so widely used in my country and the government prohibits the use of crypto currency as payment so I have to exchange it for cash if I want to use it
Same is the case in my country. It is not allowed to be use in my country and is actually considered a crime. This is pathetic situation that has been there for years now even Bitcoin has gone so high. If it were allowed, i would have used it almost every where you can to make the transactions easy and convenient plus to save money. After all this is what Bitcoin and other coins were made for and as the technology gets accepted by my country's government, it will be widely demanded and be used immensely.
Very honestly still in my country there is no such store which are accepting bitcoin, therefore we have very limited facilities to use bitcoin in our daily life, first we have to convert it into our fiat currency and after that we can use it for different purposes.
member
Activity: 854
Merit: 10
Still, crypto currency mass adoption is not happened and many companies are not accepting the cryptocurrencies as payment method. Through progress about the block chain development many companies will start implementing their own coin for further use of purchases.
full member
Activity: 438
Merit: 104
In the country where I live, cryptocurrency has no other role than investment in daily life!
In Japan, BTC can make daily shopping expenses!
In the future, cryptocurrencies can be used freely in daily life like legal tenders!
Oh that’s really nice, but why are you mentioning the future lol, we are not there yet. But nice to see that people can buy what they need in Japan with cryptocurrency. In my country it is not like, nobody talks about Bitcoin as a currency for buying and selling, they only they talk about is trading cryptocurrency, exchanging it and making money from it lol. No one talks of actual usage like using it for buying things online and all that.
sr. member
Activity: 2030
Merit: 323
This and other questions are part of a questionnaire that we, a research team from the University Institute of Lisbon (ISCTE-IUL) are doing. It seeks to understand the drivers' usage of cryptocurrencies by the end user such as you and me. Considering 10 different dimensions, from perceived usefulness to privacy to profitability, among others.
It takes on average 3 minutes to answer.

Here is the link for the questionnaire:
https://www.surveymonkey.com/r/cryptocurrencies_usage

More details if you want to know more about it:
For this, it was created a questionnaire with Likert type scale questions. These dimensions will then be used to construct a model, based on the traditional Technology Acceptance Model (TAM) developed in 1989, and some others developed afterwards, but with more adapted to the cryptocurrencies ecosystem. Then it will be done some data analysis and compilation of results.
This questionnaire has some focus on the financial area, but this does not mean it is the most important. We know there are some other dimensions not being addresses in this questionnaire, such as decentralisation/government influence, that may be addressed in the future.
After analysing and publishing the thesis and papers I will post on this forum with infographics and the most important conclusions of the study.

There are no open questions, but you can post here or message me about this.

Thank you for your time! Best Regards,
The University Institute of Lisbon research team

I would have loved to fill out your questionnaire on Survey Monkey but it wouldn’t make any sense cause I wouldn’t get any reward from it and may times I have tried to answer surveys on that site after answering to a certain limit it would say not meant for your location or not for you or whatever they say, and it’s really annoying, why waste my time when you would later tell me it’s not meant for my location? So I’m never clicking on that link, makes no sense.
sr. member
Activity: 560
Merit: 250
for now I still can't use cryptocurrency in my daily life but I believe that cryptocurrency will someday be very useful and certainly many platforms will start receiving cryptocurrency payments.
full member
Activity: 378
Merit: 100
It is very useful but i am not using this in daily life after some time when i know that i want to buy things online i use crypto when i need some money i convert this to dollars and not only this but i enter into online betting and online games through crypto it is not regular but it is like a normal currency for me mostly people are accepting bitcoin in the present time.
hero member
Activity: 1722
Merit: 528
Right now, in my country bitcoin and others crypto still unregulated for payment. We can not use bitcoin and others crypto for payment because its againts the rules, but i am believe in near future, government will regulate cryptocurrency because its getting more popular and many people having knowledge about crypto

I did not used it in my daily transactions, because it is not already accepted in malls in my country or either a fastfood. But it is continue to operate and hopefully soon i use it when time level up with bitcoin.

I do use it in many transactions that I made since I like to invest on some projects but it is not on the point that I use it daily since the transaction fees will really hurt you, it is really bad.

In the future, either the price is so high or expensive a lot of investors are so rich or there are a lot of transactions well also leading to a lot higher price of Bitcoin. They are useful if there will be a lot of platforms that will accept Bitcoin as a method of payment. Steam in the past accepted Bitcoin as method of payment but they immediately remove it because of the people that is abusing that method at that time and the way transactions fees are so high.
newbie
Activity: 18
Merit: 0
Personally, I try to use BTC on every services I need in case it supports paying with cryptocurrencies. A nice example involves Internet related services, like purchasing domain names and hosting services.

Unfortunately, big purchases are still really hard to pay for in crypto, even today. I really hope that the adoption among merchants will continue to grow and reach some point at which you can spend crypto on almost everything.

I believe it could eventually happen, as merchants themselves are interested in receiving more for sold goods and avoid high fees, like PayPal's.
member
Activity: 348
Merit: 10
Right now, in my country bitcoin and others crypto still unregulated for payment. We can not use bitcoin and others crypto for payment because its againts the rules, but i am believe in near future, government will regulate cryptocurrency because its getting more popular and many people having knowledge about crypto

I did not used it in my daily transactions, because it is not already accepted in malls in my country or either a fastfood. But it is continue to operate and hopefully soon i use it when time level up with bitcoin.
member
Activity: 644
Merit: 10
COVIR.IO
Right now, in my country bitcoin and others crypto still unregulated for payment. We can not use bitcoin and others crypto for payment because its againts the rules, but i am believe in near future, government will regulate cryptocurrency because its getting more popular and many people having knowledge about crypto
full member
Activity: 532
Merit: 102
When I saw a bitcoin representative office in my city, I was surprised and delighted — here they love cryptocurrency: D Of course it’s a good idea to introduce cryptocurrency into everyday circulation, it’s good to open centers where you can learn how to buy, sell, make a wallet, etc. I use, I earn from the participation of ico-best ico projects
newbie
Activity: 61
Merit: 0
There's one crypto I'm really into this days. It's called Tapcoin. I use it to pay for drinks and food at some restaurants and bars. Their Hooch app platform also enables you spend the coins at top hotels around the world.
jr. member
Activity: 1050
Merit: 1
This and other questions are part of a questionnaire that we, a research team from the University Institute of Lisbon (ISCTE-IUL) are doing. It seeks to understand the drivers' usage of cryptocurrencies by the end user such as you and me. Considering 10 different dimensions, from perceived usefulness to privacy to profitability, among others.
It takes on average 3 minutes to answer.

Here is the link for the questionnaire:
https://www.surveymonkey.com/r/cryptocurrencies_usage

More details if you want to know more about it:
For this, it was created a questionnaire with Likert type scale questions. These dimensions will then be used to construct a model, based on the traditional Technology Acceptance Model (TAM) developed in 1989, and some others developed afterwards, but with more adapted to the cryptocurrencies ecosystem. Then it will be done some data analysis and compilation of results.
This questionnaire has some focus on the financial area, but this does not mean it is the most important. We know there are some other dimensions not being addresses in this questionnaire, such as decentralisation/government influence, that may be addressed in the future.
After analysing and publishing the thesis and papers I will post on this forum with infographics and the most important conclusions of the study.

There are no open questions, but you can post here or message me about this.

Thank you for your time! Best Regards,
The University Institute of Lisbon research team

Such an interesting questionnaire and yes, I would love to see the important conclusions. In general, I think cryptocurrency doesn't have wide usage other than for trading, investment purpose, store of value and means of payment (online). For adequate and wide usage, cryptocurrency needs wide adoption, more understanding of its features and of course price stability.
member
Activity: 602
Merit: 11
In my own country, the government banned the use of Bitcoin and we can not use Bitcoin to pay for any product. That is a bad thing. I do not usually keep much cash, I just send in the wallet MEW and use it to invest. It does not affect my life too much.
same as in my country, like that too. but indirectly cryptocurrency is useful in my life, even though it can't be bought directly, but i can make it fiat money that applies in my country
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