Topic: Do you use cryptocurrencies in your daily life? Are they useful? - page 18. (Read 14368 times)
October 25, 2018, 12:09:07 PM
I do, my goods with them
October 25, 2018, 12:08:19 PM
Unfortunately, there is not much space in my daily life. Of course, the fact that cryptocurrency is not common in my country is a factor, but there is a fact that even in the most developed countries of the world, we cannot use cryptocurrencies in our daily lives. Of course I've been using it extensively and often on the Internet realm because it has recently become common to make payments with cryptocurrency on the internet and is much faster and lucrative than other payment methods.
It is a shame this is the case but this is completely true, there are not many oportunities to use our cryptocurrencies in our daily activities but I am sure this is something that is going to change in the next decade, since the first decade on the life of bitcoin was a phase to establish itself and see if the project could work, now that we know that is the case what we need is to make a push for more adoption to happen all around the world and we are going to see great progress in that area in the next decade. October 25, 2018, 09:09:34 AM
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.
October 25, 2018, 09:03:22 AM
As of the moment in my country there are only few companies that uses bitcoin as a payment method so mostly it is used by just paying prepaid cards or bills like water and electricity. It is a good thing that in some countries they allow bitcoin as a payment method in establishment and I too hope that in my country it will also be integrated into many companies and establishment.
October 25, 2018, 06:57:55 AM
I have not used it at all, because in our country there are still appeals about the dangers of using crypto so that almost all fields have not supported crypto transactions and services
in which country do you live?I also haven't used crypto in my daily life, because I can't use it. there are no transactions using crypto and even crypto that have not been validated in my country, so I can't use crypto.
October 24, 2018, 11:17:31 AM
I have used cryptos for shopping and for mobile recharges often. Also, I do Forex trading and cryptos are the best way to buy USD from my local currency as it is not legal to buy USD directly from my country's currency. Moreover, some of my family members live in another country and Bitcoin is the best way to send money there.
It's a convenient way to do transactions now, no need to go to banks. It is useful as long as we know how to use it. Mostly it's for sending payments and load and shopping, soon there will be more useful for crypto so as much as possible make it as an investment. October 24, 2018, 10:16:35 AM
I have used cryptos for shopping and for mobile recharges often. Also, I do Forex trading and cryptos are the best way to buy USD from my local currency as it is not legal to buy USD directly from my country's currency. Moreover, some of my family members live in another country and Bitcoin is the best way to send money there.
October 24, 2018, 10:11:52 AM
In my case, yes I do use cryptocurrency in my life though not daily as I use it once a week for my internet connection. Buying prepaid loads here in my country has now been as easy as buying candies on a store as we can now use Bitcoin, Ethereum, BitcoinCash and Ripple to purchase goods and services or paying bills online. They are that useful of course the convenience it brought to us is great.
October 24, 2018, 09:45:27 AM
I do not really use crypto in my daily life. In a place that I used to live, no one still accepts crypto as a mode of payment. I also don't even know of they know crypto is. In my case it is not that useful compare to other people or other country that has stores or cafe's that accept crypto especially bitcoin as a payment.
October 24, 2018, 09:32:14 AM
Not often, I only use bitcoin or convert into fiat when it is needed. I mostly use the cryptocurrency in investment or in trading. In my country, we have a crypto friendly government, so all citizens are free to use bitcoin or any available cryptocurrency in their transaction. The government have been welcoming and approving several bitcoin exchanges and even set aside a special economic zone for crypto related businesses or fintechs.
For me, the cryptocurrencies are perfect for trading only. You can also invest in the cryptos and hold them for several years to make money on it. I do not use them in my everyday life.
October 24, 2018, 08:02:21 AM
There is a little area accept the cryptocurrencies for to buy something in my country because of i can't use it much in my daily life but I can use it mostly for to send money to my friends and I can use it mostly to borrow money , also I use them for investment in exchanges.
October 24, 2018, 07:49:37 AM
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
October 24, 2018, 07:44:22 AM
I am not use and I don't know how to use crypto every time for our daily day activities ? I only use bitcoin and cryptocurrency for transaction and make investment or trade to get profit, I don't know bitcoin or crypto have useful for daily activity.
This is exactly like using you paper money. This is a currency in places where it has been recognized as currency and is accepted as medium of exchange. You can buy milk with the cryptocurrency you hold and can use it to pay your utility bills. Besides, it is a store of value which enables you to store wealth and the addition of the value to the money stored in the form of cryptocurrency is also more than what you might normally get in banks. So there are numerous uses of the crypto currencies that cannot be avoided for long.
October 23, 2018, 02:04:41 AM
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. October 23, 2018, 01:38:37 AM
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!
In Japan, BTC can make daily shopping expenses!
In the future, cryptocurrencies can be used freely in daily life like legal tenders!
October 23, 2018, 01:05:12 AM
As of now theres is not much usage for cryptocurrencies. If it could be used daily then there could be an increase in the price and the demands. Now because I haven't seen such great increase I think it is not really and generally used by many yet. As an evidence I haven't seen a quite number of stores or shops selling products using bitcoin and other cryptocurrency so I did not use as much myself.
October 23, 2018, 12:10:05 AM
Even if I want to, not a lot of businesses accept crypto as payment. I remember buying some things online using bitcoin though. It's still a long way to go for crypto to be useful in a way that it can be used on a daily basis but perhaps it is already getting there.
October 22, 2018, 03:51:07 PM
Unfortunately the link is not working, at least for me. But still I think it's a decent research you're doing. It's important to know how crypto is really doing outside of the forum.
October 22, 2018, 12:55:41 PM
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
Thank you for your time! Best Regards,
The University Institute of Lisbon research team
I liked the questions posed but some of them were a bit controversial to me.It takes on average 3 minutes to answer.
Here is the link for the questionnaire: https://www.surveymonkey.com/r/cryptocurrencies_usage
Thank you for your time! Best Regards,
The University Institute of Lisbon research team
For example "I currently use cryptocurrencies as an investment" and "I currently use cryptocurrencies as a store of value" - doesn't this seem to be alike? Don't people "invest" in order to "store the value" of their investment?
And also this: "I consider the net profitability of cryptocurrencies to be high." and "Considering my investment, I’m satisfied with the profitability obtained."
Frankly, I hesitated while evaluating these two questions. On the one hand, the profitability of crypto is likely to be high (in certain favorable market conditions), and on the other hand the reality is not as trouble-free as we wish it to be.
Anyway, thanks a lot for your interest in the people's thoughts! I will follow the results of your questionnaire with all the relevant infographics and conclusions.
October 22, 2018, 12:02:57 PM
No I am not using crypto currencies in my daily life for buying the things and this is the status for most of the people here because cryptos were still not recognized enough among the world people to have crypto payment system.But they were useful when people accepts them as currency or they have usage of trading and investment purpose for now.
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