If shopping malls and and market places accepts it, that will help people us it as a currency
Will possible many people use bitcoin or altcoin if many market place have use bitcoin as currency like shopping mall and modern market. Without legal from government for bitcoin and altcoin as currency shopping mall and modern market never accepted bitcoin as currency, but many people will use bitcoin if become the only payment for shopping mall where have many costumer every day. 
Topic: How can we get people to use bitcoin as a currency? - page 11. (Read 52964 times)
How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
Even online, there are only a few stores who are accepting it as payment.
If you are a developer you can create a site where you can offer products and services and accept Bitcoin, and if you are a consumer and you know a directory of site where, people can buy stuffs online using Bitcoin you can promote it to all your online friends, education is always the key if you want to promote and be part of the community and supporters of Bitcoin.
Yes markets and shopping malls can help the bitcoin to be use as currency as some people told me its hard for them to find market that accept bitcoin payments. So we should try to increase the number if market using digital payments system then people will get chance to enjoy shopping with bitcoin and it will help people to make price of bitcoin even higher.
hmm, IMO that's a bad practice on using Bitcoin. In my last post on this thread, I talked about why we shouldn't use Bitcoin as a "direct payment" when buying goods or services.But when I think about it, we only consider Bitcoin as valuable as it is now because we can determine how much it would be when exchanged in terms of fiat currency (e.g. USD, PHP, etc.). And if we continue such practice, would the people be able to determine the "worth" of Bitcoin by itself as a currency? When we are so used to using Bitcoin as a "stable" currency, e.g. an item is determined to cost you, let's say, a 0.01 BTC--just like fiat money, a phone would cost you $3000.
If shopping malls and and market places accepts it, that will help people us it as a currency
Yes markets and shopping malls can help the bitcoin to be use as currency as some people told me its hard for them to find market that accept bitcoin payments. So we should try to increase the number if market using digital payments system then people will get chance to enjoy shopping with bitcoin and it will help people to make price of bitcoin even higher.The safest way to use Bitcoin, for now, is still to convert it into fiat money and use that to buy items (or services)--not Bitcoin as means of payment.
Correct. To prevent profit losses, we have to be wise on spending our bitcoin, and not just riding the boat across the river although we know that there is a lot danger awaits on the other side, that is not safe at all. Sure it will increase the number of people being aware of cryptocurrency existence and increase the chances of bitcoin adaptation but setting bitcoin as a mode of payment in a store or using it on buying products is a risk and option at the same time that we need to consider to think of before doing it.
It is the same to those people who are complaining that they have use a certain amount of bitcoin in the year 2015 and regretting it now, saying that if they just didn't spend it before, they could have made a lot of money last 2017.
Well, I don't think this is an easy task. I like to use Bitcoin as a currency because I love the fact that I actually have use of it in real world but majority of people still see Bitcoin as an asset. They are afraid to lose something if they would use Bitcoin as a currency.
Maybe if more merchants would accept Bitcoin as a payment method could help as well as more markets where people could sell their products and services for Bitcoin.
It will be too hard sometimes to convince them because bitcoin is not yet legal worldwide but there are stores that can help them to sell them. Tell them that they need to go with the flow of our technology and bitcoin will be good like gold , it is good for long term investment too.Maybe if more merchants would accept Bitcoin as a payment method could help as well as more markets where people could sell their products and services for Bitcoin.
originally desire to help the financial institutions, if that happened and most businesses will start adopting more people will reach and interest for
this alternative currency then gain attentions and support from regular users.
We need to continue to provide other uses of bitcoin and not to stuck our believes that it's only a store assets that needs to hold for investment.
If shopping malls and and market places accepts it, that will help people us it as a currency
T get many people use bitcoin and altcoin as currency payment is easy by opening your store where have many product interested by many costumer, you can add payment using bitcoin or altcoin. I think many your costumer will interested using bitcoin as transaction payment because very easy and fast, when you use QR code your costumer will sent money to your wallet address and you can receive payment with bitcoin or altcoin.
This is a bad idea.
We all know that Bitcoin is volatile. If your idea of business is to accept Bitcoin (or Altcoin) as a means direct payment for any products (or services), then I'm sorry, your business will face some complications. Let's say you have an item that costs $10 (as of the time of this post, will be 0.001 BTC), then someone bought it, but then suddenly the price of Bitcoin went down, that 0.001 BTC worth of item won't be $10 anymore--unfair for your business. If vice-versa--unfair for the customer. Even if you receive Bitcoin directly, we still can't neglect the transaction fees and the transaction time. And also you're still a business, hence you still have taxes to pay. So when paying taxes would you insist on converting your Bitcoin to pay those? Of course not.
The safest way to use Bitcoin, for now, is still to convert it into fiat money and use that to buy items (or services)--not Bitcoin as means of payment.
and it's not easy to replace the fiat money that we usually use with bitcoin.
We don't need to replace fiat money, some would only use it as an alternative.
I don't think we need to encourage others to use bitcoin as a currency and payment tool. because in every country in the world already has a national currency. and it's not easy to replace the fiat money that we usually use with bitcoin. and only in countries that legalize bitcoin we can use bitcoin for payment tools. Most countries allow bitcoin as a means of trade and investment but not as a means of payment.
How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
When cryptocurrency have adopt and legal by government many people and investor will use bitcoin and altcoin as their payment transaction, investor glad with bitcoin and altcoin become legal payment transaction because very easy and faster make transaction using crypto, but many country is not ready for legal using bitcoin and altcoin as payment right now. Even online, there are only a few stores who are accepting it as payment.
Through our relentless efforts towards awareness creation is the only means Bitcoin adoption rate can increase. Up to date, there are more African areas where the existence of cryptocurrency will be news to them. Africa is also a large market where cryptocurrency projects can win more investors because the people embrace the idea of investment.
Exactly. By spreading Bitcoin awareness, we could help increase the adoption of the pioneer cryptocurrency within the mainstream world. Africa seems like a great place to help spread the word about Bitcoin, since most countries there don't know about it yet. Some areas lack Internet access too, where Bitcoin cannot be used in its entirety. Still though, one way or another people in Africa will embrace the latest technologies resulting in full adoption of the pioneer cryptocurrency.
The more people we attract into Bitcoin, the better it'll be for its longevity. Right now, Bitcoin has thousands of nodes across the world showing that it's a strong cryptocurrency that'll survive for a long time. Imagine if more people join the Bitcoin blockchain, nodes might increase to 1 million in the future. Also, hashrate would increase like never before making the network much more resilient against 51% attacks. It's a win-win situation for both the people using Bitcoin and the cryptocurrency's underlying Blockchain network. But we must do our best in order to spread the world about Bitcoin worldwide. Because if we don't do anything, people won't know that Bitcoin exists.
Nonetheless, with proper marketing/promotion, and scalability upgrades, we'll be able to get people to use Bitcoin as a currency. Its current volatile prices, makes it terrible as a currency for day-to-day use. Hopefully, this will be solved once governments regulate the entire crypto market as we know it. Only then, market manipulation will stop while institutional investors will come into play, making Bitcoin prices stable just like Fiat. Just my thoughts
Well, I don't think this is an easy task. I like to use Bitcoin as a currency because I love the fact that I actually have use of it in real world but majority of people still see Bitcoin as an asset. They are afraid to lose something if they would use Bitcoin as a currency.
Maybe if more merchants would accept Bitcoin as a payment method could help as well as more markets where people could sell their products and services for Bitcoin.
It will be too hard sometimes to convince them because bitcoin is not yet legal worldwide but there are stores that can help them to sell them. Tell them that they need to go with the flow of our technology and bitcoin will be good like gold , it is good for long term investment too.Maybe if more merchants would accept Bitcoin as a payment method could help as well as more markets where people could sell their products and services for Bitcoin.
Well, I don't think this is an easy task. I like to use Bitcoin as a currency because I love the fact that I actually have use of it in real world but majority of people still see Bitcoin as an asset. They are afraid to lose something if they would use Bitcoin as a currency.
Maybe if more merchants would accept Bitcoin as a payment method could help as well as more markets where people could sell their products and services for Bitcoin.
It will be too hard sometimes to convince them because bitcoin is not yet legal worldwide but there are stores that can help them to sell them. Tell them that they need to go with the flow of our technology and bitcoin will be good like gold , it is good for long term investment too. Maybe if more merchants would accept Bitcoin as a payment method could help as well as more markets where people could sell their products and services for Bitcoin.
How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
Bitcoin price now is low and i think we can use bitcoin as a currency if bitcoin price become stable. Even online, there are only a few stores who are accepting it as payment.
Bitcoin can use as currency we can buy anything we want one the price become stable.
That's the risk of Bitcoin if we will make it is a way of currency, as the price of it is not like dollar that is only changing on a daily basis, crpto is very different, it varies in value every seconds, so it will be hard for us if we will use it as our currency unless we will convert it first from our local currency before using it.
We can get people to use bitcoin as a currency by simply influencing them on what they can do and what they may do in crypto and also on how they can regulates to bitcoin. Yes, we must also influence them to use bitcoin as their payments to some stores that are already accepting bitcoin to get paid their products or goods so when they saw the legitimacy of bitcoin as a currency maybe they can used it as their personal currency.
Show them things that will be the proof of the existence of bitcoin. It could be your latest transaction, your trades or what it could be anything that has an equivalent bitcoin in return. Everything with proof will let them believe and use bitcoin as currency. It is east to influence someone with valid proof of earning.Although we are explaining everything from a friend and to our relatives, if their mind is closed and they don't want to get involved in it, then we should not waste our time explaining over and over again, sometimes, we should give them time for them to explore on their own, at least we give them some ideas regarding it.
Too harsh but this is the reality, we don't need to force everybody even our love ones if they are not interested on it, in my story, even with the results I've made through bitcoin, some of them are still not convinced that earning money in cryptocurrency is safe, I get their part that they don't want to risk because of bitcoin's volatility but it's too hard to explain to them that they are risking their fiats on banks for a very long time.
Like what you have said, we can't convince them if their mind is closed or should I say their interest are fixed to fiat only.
How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
Bitcoin price now is low and i think we can use bitcoin as a currency if bitcoin price become stable. Even online, there are only a few stores who are accepting it as payment.
Bitcoin can use as currency we can buy anything we want one the price become stable.
That's the risk of Bitcoin if we will make it is a way of currency, as the price of it is not like dollar that is only changing on a daily basis, crpto is very different, it varies in value every seconds, so it will be hard for us if we will use it as our currency unless we will convert it first from our local currency before using it.
How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
Bitcoin price now is low and i think we can use bitcoin as a currency if bitcoin price become stable. Even online, there are only a few stores who are accepting it as payment.
Bitcoin can use as currency we can buy anything we want one the price become stable.
Well, I don't think this is an easy task. I like to use Bitcoin as a currency because I love the fact that I actually have use of it in real world but majority of people still see Bitcoin as an asset. They are afraid to lose something if they would use Bitcoin as a currency.
Maybe if more merchants would accept Bitcoin as a payment method could help as well as more markets where people could sell their products and services for Bitcoin.
Maybe if more merchants would accept Bitcoin as a payment method could help as well as more markets where people could sell their products and services for Bitcoin.
We can get people to use bitcoin as a currency by simply influencing them on what they can do and what they may do in crypto and also on how they can regulates to bitcoin. Yes, we must also influence them to use bitcoin as their payments to some stores that are already accepting bitcoin to get paid their products or goods so when they saw the legitimacy of bitcoin as a currency maybe they can used it as their personal currency.
Show them things that will be the proof of the existence of bitcoin. It could be your latest transaction, your trades or what it could be anything that has an equivalent bitcoin in return. Everything with proof will let them believe and use bitcoin as currency. It is east to influence someone with valid proof of earning.
The easiest way is to get a quick and easy option to deposit crypto to account. For example using Revolut banking. You have a free card, deposit some btc there, it automatically converts to currency of a country you are in - use card everyone (shops, cafés, atm).
To bad this is not a 100% easy and safe way (speaking about Revolut). There are lots of cases in reddit of user accounts/cards being frozen. But this is just a beginning. Maybe someone will improve the whole system and it will be used more often and worldwide.
To bad this is not a 100% easy and safe way (speaking about Revolut). There are lots of cases in reddit of user accounts/cards being frozen. But this is just a beginning. Maybe someone will improve the whole system and it will be used more often and worldwide.
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