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Topic: How can we get people to use bitcoin as a currency? - page 22. (Read 52948 times)

member
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Bitcoin BTC can be a currency only if its price is stable.
I think so it’s Unnecessary because Bbitcoin value is never stable.The feature of its sharpness bitcoin is a unstable assets.but it important think people can be use bitcoin as a currency.looking history bitcoin market cap,transaction, volume and number one in the crypto market.
newbie
Activity: 26
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If we want this, of course there is a big role from the government of each country that indeed must be able to provide a big rule in every country where they can legalize cryptocurrency as an investment.
I don’t think it is important for crypto currency to be legalize because even without this permit in several countries bitcoin is being use and people are easily buying and selling goods with bitcoin, in my state government has no concern with bitcoin, people are investing in it, using it for purchasing and markets are accepting it as currency, so I think gradually it is being famous to use as currency.

The question of importance is relevant if we speak about the global usage of crypto. If we really wanna be global, then government intervention is an important thing in case of regulation.
member
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there are only a few stores who are accepting it as payment.

nah, I don't think so. there're enough stores who are accepting btc, eth or their own cryptocurrencies as a payment. openbazaar, modultrade, bitify and so on. there's nothing new in buying things using crypto actually, so if you want to spend something — it won't be a problem.
hero member
Activity: 1190
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well. it is hard for now. because bitcoin is not enough fast for daily usage. network size and transaction speeds are not proper for practicle usage. but there are better crypto currency solutions already in the market instead of bitcoin.
Only few people are not agree to use crypto currency but most of us are ready to use bitcoin as there are so many sites which use to deal with it, everything is possible and I am sure soon people will only use crypto currency for payment and they will not use fiat, so in this modern age it will not take much time to make all benefits of crypto currency to even ordinary people.
I think it's not about someone who agrees to use it for currency or not, but lack of acceptance, lack of merchants, and the difficulty of using crypto to buy goods. if the world has accepted bitcoin, and using bitcoin is as easy as using fiat, then everyone will automatically spend using bitcoin, thats the rule
The usage of bitcoin at present is very low when compared to the fiat usage everywhere. More service renders initiate the plan of accepting bitcoin, but the same didn't last for a much longer time period as they didn't get back the expected revenue through the same. Bitcoin as a currency will happen with the upcoming generation as they were all technology associated.
I think so, because currently resources, from the human side and acceptance are still very lacking, people are still comfortable with cash, there are still few people who know about crypto and so on. maybe the use of crypto will be more intense when a new generation emerges
member
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Before getting people use bitcoin as a currency we hope will have regulated or allowed using bitcoin as transaction payment by government, without legal by government we can't find people will use bitcoin as a currency.
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COVIR.IO
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.
The fact of the matter is that on the Internet there are only a few sites where you can pay with cryptocurrency. Cryptocurrency has not yet received wide distribution. It takes time. It is necessary for the states to legalize cryptocurrency, determine the order of its circulation, establish clear rules for its use for various forms of business structures. If it is convenient, they will begin to use cryptocurrency. Therefore, forcing someone to use cryptocurrency is not necessary. For this must mature the necessary conditions.

Bitcoin created as peer to peer transaction currency but with lightning network development, it could bring bitcoin in new phase. But to be currency, its need government regulation and its happen if others country following Japan step
hero member
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Jack Dorsey is already trying to push this forward, especially with his cash app and support of the lightning network. Once LN is ready, it is ready to use
Appreciated Jack, he's been mentioning and he's giving exposure to bitcoin.

And that means that people should start using and buying it, the doubt that has been created to those skeptics can also be gone in due time.
full member
Activity: 532
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In my country we can easily convert crypto to our fiat currency through online banking.  We Bitcoin is almost a currency that is used by millions of people around the world so what do you mean by "as a currency"? Crypto Currency is becoming bigger and better as time passes on. Many people use bitcoin as a real currency. Crypto can be converted into fiat money by simple steps. We can them through advertising and also recommendations
sr. member
Activity: 830
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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.
I think the main thing that we should implement in to our daily life, it's using payments by any cryptocurrency or general one's, then people who are intresting in to using cryptocurrencies will definitely use this techonology and share the possibility with it usage. The first step should be govermant that will accept this techonology or money usage then people who are intrested will start using this. People would be shocked for the first time, but personaly it should be implemented at more technological countries that would easier configure it
hero member
Activity: 2618
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well. it is hard for now. because bitcoin is not enough fast for daily usage. network size and transaction speeds are not proper for practicle usage. but there are better crypto currency solutions already in the market instead of bitcoin.
Only few people are not agree to use crypto currency but most of us are ready to use bitcoin as there are so many sites which use to deal with it, everything is possible and I am sure soon people will only use crypto currency for payment and they will not use fiat, so in this modern age it will not take much time to make all benefits of crypto currency to even ordinary people.
I think it's not about someone who agrees to use it for currency or not, but lack of acceptance, lack of merchants, and the difficulty of using crypto to buy goods. if the world has accepted bitcoin, and using bitcoin is as easy as using fiat, then everyone will automatically spend using bitcoin, thats the rule
The usage of bitcoin at present is very low when compared to the fiat usage everywhere. More service renders initiate the plan of accepting bitcoin, but the same didn't last for a much longer time period as they didn't get back the expected revenue through the same. Bitcoin as a currency will happen with the upcoming generation as they were all technology associated.
hero member
Activity: 1190
Merit: 500
well. it is hard for now. because bitcoin is not enough fast for daily usage. network size and transaction speeds are not proper for practicle usage. but there are better crypto currency solutions already in the market instead of bitcoin.
Only few people are not agree to use crypto currency but most of us are ready to use bitcoin as there are so many sites which use to deal with it, everything is possible and I am sure soon people will only use crypto currency for payment and they will not use fiat, so in this modern age it will not take much time to make all benefits of crypto currency to even ordinary people.
I think it's not about someone who agrees to use it for currency or not, but lack of acceptance, lack of merchants, and the difficulty of using crypto to buy goods. if the world has accepted bitcoin, and using bitcoin is as easy as using fiat, then everyone will automatically spend using bitcoin, thats the rule
hero member
Activity: 1078
Merit: 501
If we want this, of course there is a big role from the government of each country that indeed must be able to provide a big rule in every country where they can legalize cryptocurrency as an investment.
I don’t think it is important for crypto currency to be legalize because even without this permit in several countries bitcoin is being use and people are easily buying and selling goods with bitcoin, in my state government has no concern with bitcoin, people are investing in it, using it for purchasing and markets are accepting it as currency, so I think gradually it is being famous to use as currency.
legendary
Activity: 2548
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Leading Crypto Sports Betting & Casino Platform
Not as stable as Bitcoin prices become an obstacle to being able to become a currency, besides that Bitcoin cannot be accepted in the global economy market, we can see it from several countries that have not fully legalized Bitcoin. But everything can happen, but still requires a long process.
You are right, maybe you are starting with the intention of having a fully expanded market with bitcoin, but some progress is already being made, even in Spain, where the regulations and laws are strong, and Hacienda is doing a lot of follow-up, there is presence of establishments that accept bitcoin as payment.
full member
Activity: 672
Merit: 105
Not as stable as Bitcoin prices become an obstacle to being able to become a currency, besides that Bitcoin cannot be accepted in the global economy market, we can see it from several countries that have not fully legalized Bitcoin. But everything can happen, but still requires a long process.
sr. member
Activity: 1638
Merit: 300
If we want this, of course, there is a big role from the government of each country that indeed must be able to provide a big rule in every country where they can legalize cryptocurrency as an investment.

If they will be accepting Bitcoin in their country, that just means they are openminded and they accept new technologies that might open their citizen to new possibilities or new things that can or might improve their country. Bitcoin is legalized in our country, even though it is not that popular to our people since we are just a third world country.
hero member
Activity: 817
Merit: 506
If we want this, of course there is a big role from the government of each country that indeed must be able to provide a big rule in every country where they can legalize cryptocurrency as an investment.
full member
Activity: 966
Merit: 104
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.
The fact of the matter is that on the Internet there are only a few sites where you can pay with cryptocurrency. Cryptocurrency has not yet received wide distribution. It takes time. It is necessary for the states to legalize cryptocurrency, determine the order of its circulation, establish clear rules for its use for various forms of business structures. If it is convenient, they will begin to use cryptocurrency. Therefore, forcing someone to use cryptocurrency is not necessary. For this must mature the necessary conditions.
member
Activity: 616
Merit: 11
Jack Dorsey is already trying to push this forward, especially with his cash app and support of the lightning network. Once LN is ready, it is ready to use
hero member
Activity: 1764
Merit: 584
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.

Well, first people must be able to use it for small otc purchases. Various groups are working on that.

Currently that's impractical. Even the few sites where I can pay using bitcoins work by converting them to fiat at some point.
hero member
Activity: 1092
Merit: 501
well. it is hard for now. because bitcoin is not enough fast for daily usage. network size and transaction speeds are not proper for practicle usage. but there are better crypto currency solutions already in the market instead of bitcoin.
Only few people are not agree to use crypto currency but most of us are ready to use bitcoin as there are so many sites which use to deal with it, everything is possible and I am sure soon people will only use crypto currency for payment and they will not use fiat, so in this modern age it will not take much time to make all benefits of crypto currency to even ordinary people.
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