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Topic: Do you use cryptocurrencies in your daily life? Are they useful? - page 25. (Read 14371 times)

full member
Activity: 378
Merit: 102
I don't use them everyday but they certainly are very useful. Whenever I need to send money to other people over long distances (even overseas), I can just send them bitcoin instead. Luckily, I also have the option to pay my monthly bills using crypto here so no more queuing up in lines.
sr. member
Activity: 1246
Merit: 255
I use it in my daily life but not in  direct form
I make conversion of my token into my country currency, then I save in my account and withdraw for daily use.
I have also set up some businesses that gives me daily returns.
So also it keeps me busy
jr. member
Activity: 341
Merit: 4
I am not using cryptocurrency in my daily life because, in my country, cryptocurrency is not accepted but if I want to withdraw my bitcoin, it is allowed and I am using third party service to help me to get the money. I think cryptocurrency is useful on the internet only for now because I see that there are a few countries that accepting cryptocurrency so their people can use cryptocurrency in their daily life.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
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

If you say ‘make use of bitcoin in your daily life’ that means that you’re using it for almost everything, even for buying food everyday lol. So I don’t use bitcoin in my daily life, for me, bitcoin is just meant for investment and trading, I don’t really use it for any other thing.

Whenever I invest in it I hold it and wait for the price to rise and once it goes up I quickly sell it out and withdraw my profit. Fiat is what I use daily and nothing else.
newbie
Activity: 126
Merit: 0
So far not yet'here in my country  there is no merchant  is accepting a cryptocurrencies  maybe it will take time for them to accept this kind of payment but hoping that someday theu can appreciate how it works and very convenient but we know for the fact that we can't  really change  the money but we can balance  how it works togther with crypto
newbie
Activity: 19
Merit: 0
As much as I love cryptocurrency and its technology, I don't really make much use of it daily. And this is not because I have chosen not to. If there were more avenues for me to spend and use Bitcoins daily, I'd certainly embrace them. So, the issue mainly is about the acceptance. In my part of the world, many stores or companies are still yet to accept Bitcoins and the rest. I don't know if it is the same scenario in other countries. But I'm looking forward to that time when Bitcoins are more widespread. They are useful right now certainly. But I am certain that their utility will still increase even more over time.
newbie
Activity: 21
Merit: 0
It is actually a good thing to use crypto every day. It would be so helpful to the currency we are investing in. The market reacts well when a product has high demands. Using cryptocurrencies in your daily life should be your goal if you invest in Bitcoin for example. The problem is that not many services accept cryptocurrencies. I heard about Samsung accepting and many other big companies. It is an opportunity we can seize. If more services demanding cryptocurrencies is created, more people will use cryptocurrencies in their daily life. Actually, it is very difficult because of the lack of those services.
jr. member
Activity: 163
Merit: 1
No, I don't.
I do not use Crypto currency in my daily life because it can not be used for any transaction in my country. However, I see the advantages and it is very useful for my own life even though there are no transaction uses it. I just Crypto for earning my life and to fill my life needs. Hopefully there will be a policy legalizing this in my country.
member
Activity: 714
Merit: 11
BountyMarketCap
indirectly. all I do is convert crypto to fiat, then use it for my daily life. and I think to use it directly, it will be difficult. because there is no market that provides goods for everyday purposes that receive payments using crypto.
hero member
Activity: 1190
Merit: 500
Where I live, crypto is not really popular and widely accepted. I do not have the habit of using crypto every day. I only use crypto on trading platform, and store them as personal property.
I think almost all users experience the same thing, in my environment bitcoin is not too well known. no shop accepts bitcoin for payment. so for currencies tehn bitcoin it's useless, I only use bitcoin for trade and other businesses, which means bitcoin is useful for financial gain only for me..
hero member
Activity: 1526
Merit: 596
Did the survey. Hope your research project goes well.

I think that most people right now are using bitcoin as an investment, and as a store of value. People in disadvantaged countries with financial crises definitely benefit from bitcoin in a practical sense, as they are able to have something to hold their wealth in without having to worry about the constant depreciation of their national fiat.

The overall offline use of bitcoin in actual physical stores is obviously still low, but this is mainly because of the fact that adoption hasn't picked up to its fullest yet. Once we see more adoption in the coming decade, we'll see more merchants accepting bitcoin in real life as well. Remember, bitcoin is still relatively young.
hero member
Activity: 3080
Merit: 603
I didn't join the survey but I'll answer if I'm using it frequently.

I do, when I want to buy something over the net I'm using bitcoin for paying it. I just command someone to pick it up to me if the item isn't available for shipping but only for store pick up. But the products and services that I can use for my everyday life is limited, adoption here isn't so big.
newbie
Activity: 58
Merit: 0
It is not used often, but I had a chance to pay/receive crypto in real life (online work though). If you are working online, there is a bigger chance that you can trade work/time/product for crypto that in an actual store. It is a long way, but I do believe that people will trust more in crypto and be willing to accept it as a payment method.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
Nice. I personally love it. Every time i see that some service is available via crypto payments i do it that way. First i dont disclose my information, and it is quick and safe.
Crypto over card payment every day!

Yes. I always used it when I exchange my bitcoin into fiats. Thanks to cryptocurrency I can support all of my needs. I can earn money in a good way, I can also do my job while earning bitcoin. People around me, starting to be curious about bitcoin because of me. Well, I am flattered to teach them, However nowdays its hard to earn bitcoin in this forum because of the merit rule.

By asking if you're using cryptocurrencies in your daily life OP did not mean exchanging to fiat. Saying that you are using BTC daily... to get fiat. Is an insult not only to the question in the thread but crypto itself. At least that's how I see it  Tongue
Personally the only thing I'm using crypto right now is shopping on Amazon and ordering food, as there are some restaurants in the area that accept BTC payments. I prefer to spend fiat and hold crypto for the obvious reason.
full member
Activity: 644
Merit: 100
Nice. I personally love it. Every time i see that some service is available via crypto payments i do it that way. First i dont disclose my information, and it is quick and safe.
Crypto over card payment every day!

Yes. I always used it when I exchange my bitcoin into fiats. Thanks to cryptocurrency I can support all of my needs. I can earn money in a good way, I can also do my job while earning bitcoin. People around me, starting to be curious about bitcoin because of me. Well, I am flattered to teach them, However nowdays its hard to earn bitcoin in this forum because of the merit rule.
full member
Activity: 462
Merit: 100
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

Yes I use it always,. I use to trade always through crypto currencies and found it very helpful because they help me to earn for our daily need to survive with food and clothes every day.
member
Activity: 154
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Right now I'm not using cryptocurrency in my daily, life, but there was a period of time when I was using it and it was ok I would say quite comfortable to go with.
newbie
Activity: 314
Merit: 0
In our country the use of cryptocurrency is still prohibited for use in buying and selling or legal tender, but I continue to collect my crypto coins every day, because this is very useful for me. although I have not been able to use cryptocurrency directly, but I can exchange my crypto coins with Fiat or dollars, which I can then use to meet my daily needs.
sr. member
Activity: 630
Merit: 250
Where I live, crypto is not really popular and widely accepted. I do not have the habit of using crypto every day. I only use crypto on trading platform, and store them as personal property.

The time to use the cryptocurrencies in real life has not come yet. I do believe that several years should pass before Bitcoin and the cryptos will be accepted in most of the stores, and not online only.
Yeah! Until we start seeing merchants accepting it, and people start seeing the need to use it as a currency, before we would be able to see any real life usage in daily life. For now, what everyone is busy wrapping their head with is just the speculative aspect of it as an asset which would enable them to make a huge profit in the long run, but this can only be a possibility if the currency aspect comes into play in our daily lives. We are going to get there anyway as we keep evolving.
full member
Activity: 546
Merit: 100
Where I live, crypto is not really popular and widely accepted. I do not have the habit of using crypto every day. I only use crypto on trading platform, and store them as personal property.

The time to use the cryptocurrencies in real life has not come yet. I do believe that several years should pass before Bitcoin and the cryptos will be accepted in most of the stores, and not online only.
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