Does bitcoin really work as real transaction ? - page 4.

8270thNinja

full member

Activity: 210

Merit: 100

busy in real life, long post gap is understandable

Quote from: nursahath07 on November 16, 2017, 09:00:29 AM

As a matter of fact today people are more advance and educated for accepting electro currency for sake of different activities of economics section but there is problem like so many people still working in different sector by the help of broker for that reason they are not so much knowledgeable for about electro currency or virtual currency. This is a plus point for those brokers for getting more profit.
Now for increasing availability of virtual transaction or bitcoins we should take some necessary steps for showing the actual fact and information which help to know about this crypto-currency. If its possible day by day people feel safe and we will see that virtual currency will be used as a real currency.What you think about it ?

Ugh I cannot understand it well because of the Grammar but i do get your thoughts. CryptoCurrency knowledge dissemination to all users willl be hard, If there are just schools to certify that someone is a BTC knowledgeable and BTC professional, It will be easier to create seminars about Cryptocurrency.

Astermony

full member

Activity: 373

Merit: 100

Quote from: Justin Biebers on November 16, 2017, 09:27:21 AM

No, bitcoin can't be used as a currecy to buy things because it's too slow and fees are too high. It's mainly a volatile store of value.

Actually, bitcoin really works a real transaction online like buying load, paying bills like electric bills, sending money to your loved ones, receiving money from someone, or any other. Bitcoin transaction is fast if you have an internet connection. But of course you cannot use it if you don't have internet connection and you cannot use it to some of the stores that has no computerized system because you cannot really transact there.

anze

newbie

Activity: 32

Merit: 0

If two people (or institutions for that matter) agree on it, then definitely. Not very useful for microtransactions atm though.

Justin Biebers

member

Activity: 70

Merit: 10

No, bitcoin can't be used as a currecy to buy things because it's too slow and fees are too high. It's mainly a volatile store of value.

erik m.

jr. member

Activity: 48

Merit: 10

If you are using SegWit addresses, you will have not much problem making transactions at low fees, but you still have problems if you're looking for something at visa level.

If you don't care about censorship resistant transactions, just use visa.

trako

hero member

Activity: 756

Merit: 505

I think it works fine. constant currency and some payments are made if the btc truth is present in the other party. it is not a system that does not work. This is a very solid evidence that we will also consider increasing interest.

Lampaster

sr. member

Activity: 406

Merit: 255

Trading on the stock exchange is one thing but to use bitcoin to trade is quite another. Until are not created certain conditions we will not see any changes in the use of bitcoin. For trading speed is very important confirm the transaction. For users it is unacceptable to pay a high rate for smaller transactions.

nursahath07

full member

Activity: 168

Merit: 103

As a matter of fact today people are more advance and educated for accepting electro currency for sake of different activities of economics section but there is problem like so many people still working in different sector by the help of broker for that reason they are not so much knowledgeable for about electro currency or virtual currency. This is a plus point for those brokers for getting more profit.
Now for increasing availability of virtual transaction or bitcoins we should take some necessary steps for showing the actual fact and information which help to know about this crypto-currency. If its possible day by day people feel safe and we will see that virtual currency will be used as a real currency.What you think about it ?

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