How can the average person use crypto? - page 2.

bitcoinmasterlord

legendary

Activity: 1148

Merit: 1006

Quote from: jakelyson on March 30, 2018, 12:46:37 PM

Quote from: pkcryptdude911 on March 30, 2018, 12:08:35 PM

Hey all, I am very new to crypto. Cryptocurrency is becoming a routine topic to talk about in households today.

The biggest issue people always bring up is that it is very difficult to use it to buy real, tangible products. Does anyone have any ideas of how to do this with limited fees and restrictions on the consumer? And are there any ICOs that are trying to solve this problem?

It is not difficult to use but rather there is not that many merchants that accepts bitcoin or crypto as payment. Spending it is very straight forward and can be learned by grade schoolers. We just need to wait til adoption copes up and then we can spend it freely, hopefully. As for fees, altcoins is better at it. There are alts that have less fees and shorter confirmation time.

Now slowly our local exchanges are adding merchants to there apps. you can pay your utility bills and book movie tickets directly paying bitcoins or altcoins. this is available in my country. Now bitcoin fee also reduced and confirmation also not taking much time.

tbalazs

jr. member

Activity: 126

Merit: 7

crypto will be used widely when you will not know that you are using blockchain and something happens, like you pay as you do today but there is blockchain behind. That is when it will become mainstream

Murloc

full member

Activity: 322

Merit: 103

Concidering myself as an average person I'm one of the few people that are using crypto for getting payments for my freelance work and sending money abroad. Most of traditional payment systems are either have limits in my country or simply not eligable here so if you are sending someone some money and the reciever is selling it instantly after getting these coins then the money are transfered almost without any fees.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Quote from: mersal on March 30, 2018, 12:42:35 PM

Quote from: pkcryptdude911 on March 30, 2018, 12:08:35 PM

Hey all, I am very new to crypto. Cryptocurrency is becoming a routine topic to talk about in households today.

The biggest issue people always bring up is that it is very difficult to use it to buy real, tangible products. Does anyone have any ideas of how to do this with limited fees and restrictions on the consumer? And are there any ICOs that are trying to solve this problem?

Crypto currencies are very popular now a days so we can be very common to bitcoin investment so i think most of tge people in the world are using bitcoin all over the world so it is common in future day's .

Not because people invest in bitcoin it doesn't automatically mean that these people are actually using their bitcoin to transact. Most of the people that invested in bitcoin doesn't even know the importance of it and why it's made, most invest because bitcoin was on the rise last year.

jakelyson

legendary

Activity: 2240

Merit: 1069

Quote from: pkcryptdude911 on March 30, 2018, 12:08:35 PM

Hey all, I am very new to crypto. Cryptocurrency is becoming a routine topic to talk about in households today.

The biggest issue people always bring up is that it is very difficult to use it to buy real, tangible products. Does anyone have any ideas of how to do this with limited fees and restrictions on the consumer? And are there any ICOs that are trying to solve this problem?

It is not difficult to use but rather there is not that many merchants that accepts bitcoin or crypto as payment. Spending it is very straight forward and can be learned by grade schoolers. We just need to wait til adoption copes up and then we can spend it freely, hopefully. As for fees, altcoins is better at it. There are alts that have less fees and shorter confirmation time.

mersal

member

Activity: 1204

Merit: 38

Quote from: pkcryptdude911 on March 30, 2018, 12:08:35 PM

Hey all, I am very new to crypto. Cryptocurrency is becoming a routine topic to talk about in households today.

The biggest issue people always bring up is that it is very difficult to use it to buy real, tangible products. Does anyone have any ideas of how to do this with limited fees and restrictions on the consumer? And are there any ICOs that are trying to solve this problem?

Crypto currencies are very popular now a days so we can be very common to bitcoin investment so i think most of tge people in the world are using bitcoin all over the world so it is common in future day's .

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

That's the problem cryptocurrencies in general are having right now. They're not idiot-proof. They're not that easy to use that even your grandmother can easily use it. As with purchasing using bitcoin, only a few online stores accepts bitcoin. Yes, the percentage is small, but hopefully we'll get a decent percentage of stores around the world that accepts bitcoin. Baby steps. As with physical brick & mortar stores, I'm really not sure as this differs from country to country.

Always remember that bitcoin or cryptocurrencies in general are still in their very very early stages right now.

pkcryptdude911

newbie

Activity: 5

Merit: 0

Hey all, I am very new to crypto. Cryptocurrency is becoming a routine topic to talk about in households today.

The biggest issue people always bring up is that it is very difficult to use it to buy real, tangible products. Does anyone have any ideas of how to do this with limited fees and restrictions on the consumer? And are there any ICOs that are trying to solve this problem?

Topic: How can the average person use crypto? - page 2. (Read 253 times)