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Topic: Do you use cryptocurrencies in your daily life? Are they useful? - page 4. (Read 14337 times)

legendary
Activity: 1568
Merit: 1002
useful or not, at least the use of cryptocurrency for daily life would certainly be very useful if it could be done easily and many stores or whatever the sales market accepts cryptocurrency as a means of payment, because we know that adoption is intended to foster interest in cryptocurrency itself so that it can be used in many sectors which is basically cryptocurrency is an asset, so with real use for daily life then of course cryptocurrency will be more useful
legendary
Activity: 2296
Merit: 1335
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I believe that those of you who say they're using their cryptocurrencies daily misinterpret the "use". Trading cryptocurrencies or holding it is not a daily use, same as receiving funds from a bitcointalk campaign is not a daily use. What I'd understand as daily use of crypto is paying bills, buying groceries, paying your employees, tipping people, things like that. None of us are able to do it yet.
legendary
Activity: 2912
Merit: 1068
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I strongly believe that the true value of cryptocurrencies is exactly their use in real life. They are not created only with the purpose to be stored in some wallet as an asset of value but to have real purpose in real life.
That is why I use cryptocurrencies for my daily needs, I spend them for daily purposes. Of course they are useful for savings too and as a long term investment that is why it's important to find the balance between spending and saving so that we can have the best of cryptocurrencies.
sr. member
Activity: 868
Merit: 256
I have used cryptos here and there for recharges and paying to a designer or coder. But nothing like an everyday use. I believe until there is Fiat which is inflationary. People won't prefer spending cryptos which can grow and can give hefty returns. If someone has to choose between saving crypto or Fiat, anyone would go for crypto.
Also, another problem is that there isn't much places where you can use Bitcoin or crypto. This is really a critical point. You can't spend cryptocurrencies or use it everyday if there is no vendor who accepts it.
Actually there are a number of places where you can use cryptocurrencies for your daily use goods and services but they have not advertised their products and in the start they advertised and then left further advertisement that is why many people here do not know the places where they can use crypto for their daily life. They need promotion or we have to search about that in google search.
Another point is that it is right that crypto is a growing currency and people want to save them for future to get the profit but many of us need some money for spending on our family and for that we withdraw some money if we do not withdraw that money and directly spend the cryptocurrencies to buy these goods and services then the price on exchanges will not go down because of our sale but will rise continuously.
You can use your own cryptocurrencies in your daily lives if it is legal on your own country and if the store approves the cryptocurrency as a mode of payment. We all know that the cryptocurrencies are not yet legal in some other countries. Here in my country its not yet legal and also there is no store here in which you can use virtual coins as a means of payment because we are still using here the ATMs, credit cards or a real money because only here in my country knows about virtual currencies.
hero member
Activity: 1022
Merit: 521
I have used cryptos here and there for recharges and paying to a designer or coder. But nothing like an everyday use. I believe until there is Fiat which is inflationary. People won't prefer spending cryptos which can grow and can give hefty returns. If someone has to choose between saving crypto or Fiat, anyone would go for crypto.
Also, another problem is that there isn't much places where you can use Bitcoin or crypto. This is really a critical point. You can't spend cryptocurrencies or use it everyday if there is no vendor who accepts it.
Actually there are a number of places where you can use cryptocurrencies for your daily use goods and services but they have not advertised their products and in the start they advertised and then left further advertisement that is why many people here do not know the places where they can use crypto for their daily life. They need promotion or we have to search about that in google search.
Another point is that it is right that crypto is a growing currency and people want to save them for future to get the profit but many of us need some money for spending on our family and for that we withdraw some money if we do not withdraw that money and directly spend the cryptocurrencies to buy these goods and services then the price on exchanges will not go down because of our sale but will rise continuously.
sr. member
Activity: 1078
Merit: 342
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Actually I do. I beleive that cryptocurrencies are made to be used in real life for real things and not just like an investment asset. Usage in real life is their true value and competition to fiat currencies.
That is why I'm trying to find the balance between holding and spending Bitcoin. For me just to keep Bitcoin in some wallet isn't the best option.
Indeed, cryptocurrencies are made to be used in daily life though! It's not only for investment. I mean you can just buy some cool stuffs when you made some profit from it, I mean when the price increase and just holds when the price decreased. People should use some of their earning of crypto and just hold the other part of it.
hero member
Activity: 1078
Merit: 507
I have used cryptos here and there for recharges and paying to a designer or coder. But nothing like an everyday use. I believe until there is Fiat which is inflationary. People won't prefer spending cryptos which can grow and can give hefty returns. If someone has to choose between saving crypto or Fiat, anyone would go for crypto.
Also, another problem is that there isn't much places where you can use Bitcoin or crypto. This is really a critical point. You can't spend cryptocurrencies or use it everyday if there is no vendor who accepts it.
sr. member
Activity: 742
Merit: 251
no, I don't use bitcoin to buy my daily needs. but with bitcoin I can make ends meet every day, namely by exchanging it into fiat currency. I think for now Fiat money is more flexible for payment tools than bitcoin. especially in my country the government has not legalized bitcoin


Almost governments around the world do not want to legalize bitcoin, although some information says that some countries accept bitcoin but shortly afterwards, the government of that country immediately denied this information, perhaps Bitcoin or traditional crypto will never be accepted, today the hope of the government is the launch of libra coin under their management. In short, the problem of using crypto in life is not so important when we can easily convert crypto into fiat as you said, and clearly crypto is more flexible in the investment area, instead of paying
It is good to convert fiat into bitcoins and vice versa as per the need of the hour. Using bitcoins or any other form of crypto in the local market where the country has yet not legalize it is not possible at all. So the paper money severs the purpose in such a case. No matter one use the crop currency in his or her daily life or not but one should maintain an access to the digital market so that he could advance with the recent developments in the financial systems of the world.
sr. member
Activity: 1221
Merit: 250
There are not many who have used bitcoin for real world transaction. The real obstacle in real world usage of bitcoin is its price volatility and slowness of bitcoin network. Real world demand high speed payment system like vise, MasterCard unfortunately bitcoin is not in compliance with these. 
hero member
Activity: 788
Merit: 505
I am yet to use crypto in my daily life. I only store it as an asset of value. In my country there is no merchant that accept crypto, that’s one of primary reason why I haven’t used crypto in my daily life. For me they are useless if you want to use them for daily living. 
member
Activity: 207
Merit: 11
no, I don't use bitcoin to buy my daily needs. but with bitcoin I can make ends meet every day, namely by exchanging it into fiat currency. I think for now Fiat money is more flexible for payment tools than bitcoin. especially in my country the government has not legalized bitcoin


Almost governments around the world do not want to legalize bitcoin, although some information says that some countries accept bitcoin but shortly afterwards, the government of that country immediately denied this information, perhaps Bitcoin or traditional crypto will never be accepted, today the hope of the government is the launch of libra coin under their management. In short, the problem of using crypto in life is not so important when we can easily convert crypto into fiat as you said, and clearly crypto is more flexible in the investment area, instead of paying
full member
Activity: 812
Merit: 100
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no, I don't use bitcoin to buy my daily needs. but with bitcoin I can make ends meet every day, namely by exchanging it into fiat currency. I think for now Fiat money is more flexible for payment tools than bitcoin. especially in my country the government has not legalized bitcoin

sr. member
Activity: 742
Merit: 397
Yes i use cryptocurrency with my daily life but still i don't believe everyone cryptocurrency like if their no have strong developing marketing. Almost i spend my crypto in trading daily process with something holding like which best choice in my mind.
I think the topic here is about in general. You are just using your cryptocurrencies for trading processes like buying and selling and whatnot. Using cryptocurrency in daily life means you are using it to pay things like groceries, coffees, purchases in stores like clothing etc. If we will stick to that basis, cryptocurrency is not useful because they still cost more in overall time and expenses because of confirmations in blockchain.
sr. member
Activity: 798
Merit: 253
I have been using cryptocurrencies for a long ass time and cryptocurrency really did a great job on my daily life such as paying my bills and monthly charges as well as helping my family economy. I just hope that I can keep doing this until I get my stable job anytime soon.
This is nice always to read that bitcoin or relevant crypto currencies are making lives of people easier. People really become grateful to these crypto currencies for the opportunities they provide masses for making money. Crypto is helping you in meeting your basic necessities and that is giving courage to other people as well for getting into this market. I hope soon everyone would be using it for earning nice money.
sr. member
Activity: 1936
Merit: 290
Yes i use cryptocurrency with my daily life but still i don't believe everyone cryptocurrency like if their no have strong developing marketing. Almost i spend my crypto in trading daily process with something holding like which best choice in my mind.
legendary
Activity: 2912
Merit: 1068
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Actually I do. I beleive that cryptocurrencies are made to be used in real life for real things and not just like an investment asset. Usage in real life is their true value and competition to fiat currencies.
That is why I'm trying to find the balance between holding and spending Bitcoin. For me just to keep Bitcoin in some wallet isn't the best option.
sr. member
Activity: 1071
Merit: 253
I have been using cryptocurrencies for a long ass time and cryptocurrency really did a great job on my daily life such as paying my bills and monthly charges as well as helping my family economy. I just hope that I can keep doing this until I get my stable job anytime soon.


that is very good that you are able to pay the bills using bitcoin because in many countries there is no way to use the crypto currency like bitcoin, as i consider myself that there are very few market that accept bitcoins but they are far away from me, but thanks God that the online markets are accepting bitcoin due to which it is easy for me.
hero member
Activity: 658
Merit: 500
no, I don't use crypto for daily life because my country doesn't accept crypto as a currency, so for my daily needs I still use official currency, but there are some that I buy using crypto and I use it to people who accept crypto as payment
Pretty much the same, it is really hard to use crypto every day when there's nowhere to use it. It's funny how bitcoin was supposed to be peer to peer cash and it turned out to be completely opposite: peer to peer store of value. The only thing we can hope for now is that lightning network works out and that we could use it in the future.
full member
Activity: 602
Merit: 100
I bought the game using bitcoin. Steam accepted Bitcoin. I wish platforms like Steam would accept bitcoins again. Bitcoin makes it easy for me to trade. There must be a solution for the block size problem. The use of Bitcoin will become widespread.
hero member
Activity: 2814
Merit: 526
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I have been using cryptocurrencies for a long ass time and cryptocurrency really did a great job on my daily life such as paying my bills and monthly charges as well as helping my family economy. I just hope that I can keep doing this until I get my stable job anytime soon.
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