Pages:
Author

Topic: How can we get people to use bitcoin as a currency? - page 36. (Read 52963 times)

legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
Bitcoin can be frequently used one daily basis for purchase when more store and businesses around the world integrate it into its payment systems. Although there are online shops which accept Bitcoin, it is not enough to promote the daily usage of BTC in the purchase of items. It will require thorough and effective awareness creation in order to draw the attention of the shops and businesses to accept BTC as payment.
To create a broader awareness of bitcoin I think that has happened, it's just that there are still many people who see bitcoin something that is not feasible for the activity, namely to be a payment system, so in my opinion if business people can provide payment systems using crypto, then that it will make ordinary people more aware of crypto that can be used in many sectors, so I'm sure many people use crypto everywhere.
jr. member
Activity: 227
Merit: 1
IQCash
Bitcoin can be frequently used one daily basis for purchase when more store and businesses around the world integrate it into its payment systems. Although there are online shops which accept Bitcoin, it is not enough to promote the daily usage of BTC in the purchase of items. It will require thorough and effective awareness creation in order to draw the attention of the shops and businesses to accept BTC as payment.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
for crypto can be accepted by everyone, it may have to be the legality of the government and the crypto currency is recognized as the applicable currency and can be used to invest
so far I have only used to see this on the internet. however, in the real world, it is very difficult to find that. maybe because it's very difficult to find cryptocurrency users out there. besides, in my country cryptocurrency is still in the development stage, so it's very difficult to find it.
bce
sr. member
Activity: 756
Merit: 250
for crypto can be accepted by everyone, it may have to be the legality of the government and the crypto currency is recognized as the applicable currency and can be used to invest
newbie
Activity: 9
Merit: 0
we can make people use bitcoin as currency when price of bitcoin is stable and bitcoin should be available with most of the people around the world.
full member
Activity: 493
Merit: 100
we will easily invite people to use bitcoin as a means of payment if they feel that it has legalized bitcoin as a legitimate payment instrument. like Japan. there people are used to using bitcoin for payment tools because the government has allowed and also many stores that want to accept bitcoin as a means of payment. whereas in countries that have not legalized bitcoin I think it's difficult. and also the value of bitcoin is very volatile not suitable for paying tools.
hero member
Activity: 826
Merit: 500
of course by being a good figure for people who do not know about the true use of bitcoin, if you use bitcoin for trading, then everyone will know you and imitate your trading activities, but if you use bitcoin as a payment tool, and succeed with your business, then there are many people who are interested and consider transactions using bitcoin as a good payment option
sr. member
Activity: 686
Merit: 250
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.
It is not easy for ordinary people to use bitcoin as a medium of exchange, because until now we have to buy bitcoin in excahnger with FIAT and the process is very complicated especially the verification of KYC customers, although security is very complicated for new people. and as you say there aren't many sellers who accept payments even though online.
It is difficult for people to use bitcoin because now the only way to earn cryptocurrencies is to become an active participant in the market, once that is no longer true and you can earn cryptocurrencies doing your normal activities like getting paid for a job that you do then that is when we are going to see the real potential of cryptocurrencies begin unleashed.
newbie
Activity: 37
Merit: 0
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.
Getting people to make use of Bitcoin would be a very difficult thing to do. First of all, most of us already have a bank account and do you expect them to withdraw the whole they have in their accounts or maybe half of it and move it to cryptocurrency? No, that’s not going to happen, cryptocurrency is not even stable, how do you expect people to do such a thing? They will never agree.

Not today at least. Satoshi meant for bitcoin to be used like a currency for easier and cheaper transaction, though btc's current state would make it hard for anyone to consider it for it's real use. But don't count that posibility out as well since bitcoin's future is still far from realization.
There is no connection between conversion of bitcoin and fiat. How can you call it blockchain technology and decentralized when you turn virtual thing into an existing one?
newbie
Activity: 36
Merit: 0
Understand the value of Bitcoin in the market first, encouraging the people to know the value status and the volatility of the Bitcoin in the market. Soon it will be means of exchange for all other countries to be acceptable
You shouldn't introduce Bitcoin because only its price and volatile which is not its main point of this cryptocurrency. Technology behind it is what most people wants to develop and make the future become better like bank which is include this great technology.
Yeah it is not good to discuss only the fall but it is good to let other know the real reason being the invention, some people will get worry about the price that is now a day running in market so tell them that it is for very short time, soon the price will be high once again, so better tell the real reason, it is not only currency but it is an entire business as well.
Why you are stopping him not to introduce bitcoin to people? don’t you want bitcoin would be the supreme currency and would be prevailed all over the world. You must leave this arrogant attitude.
sr. member
Activity: 630
Merit: 257
I think people will use Bitcoin as a currency only when they will gain confidence in Bitcoin and stop fearing that. This can be made possible only with the help of government. The governments of many countries are still holding negative views about cryptocurrencies and banning its use. Under such circumstances, how can we expect people to have faith and use Bitcoin as a currency? It will only happen when Bitcoin will be allowed to operate freely and openly.
newbie
Activity: 31
Merit: 0
and how? by force you will not drag. gradually it is necessary to enter that's all. and love a topikhonka will begin to be tightened.
Well it is already accepted by so many countries around the world and only the government of your country might not be inclined towards accepting Bitcoin. About the rest of the world, it has been in circulation since it was launched.
newbie
Activity: 15
Merit: 0
People will use bitcoin when stores start to accept bitcoins. I think it is easier to do it with online stores and those stores will do it first. If people accept it then other stores will do the same.
newbie
Activity: 3
Merit: 0
Due to permanent fluctuation, It is not possible
full member
Activity: 232
Merit: 100
I think government is an important factor in whether we are allowed to use Bitcoin as a real currency. But there are actually a lot of stores, companies and some businesses that accept it. Simply because they can give up the tax bill they pay for the state
full member
Activity: 924
Merit: 100
GoMeat - Digitalizing Meat Stores - ICO
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 we can not push people to use bitcoin. They will use bitcoin if merchant accept bitcoin for payment. Beside that, many government not regulating bitcoin yet and thats why people afraid using bitcoin for payment in their country. Maybe in near future, people will prefer using bitcoin for payment, because its much secure than paper money
jr. member
Activity: 294
Merit: 1
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.
This process begins from the very first day you are trying to convince that person to join cryptocurrency. Never you create the exciting impression that crypto will make the person wealthy. But rather, tell the person it is mainly a medium of exchange without intermediary.
sr. member
Activity: 630
Merit: 257
I think people will use Bitcoin as a currency only when they will gain confidence in Bitcoin and stop fearing that. This can be made possible only with the help of government. The governments of many countries are still holding negative views about cryptocurrencies and banning its use. Under such circumstances, how can we expect people to have faith and use Bitcoin as a currency? It will only happen when Bitcoin will be allowed to operate freely and openly.
legendary
Activity: 1204
Merit: 1028
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.
Somethings are quite impossible to change, maybe it’s time we stop fighting over Bitcoin and banks which one is to stay. By the way, even if you decide to make use of cryptocurrency, that still doesn’t change the fact that banks will be there, cause every cryptocurrency exchange are relying on banks for storing the company’s funds.

When you want to buy Bitcoin, you pay through your bank account, do you ever ask yourself where those money goes to, do you think they just disappear into the air? No they don’t, they go into another person’s bank account. So you can’t change anything.
full member
Activity: 756
Merit: 102
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.
After Bitcoin drops to the lowest level several times in price, it can then be stopped for a long term as a means of accumulating value and will finally be used as a means of payment. However, in this case it is still necessary for Bitcoin to legalize the state and develop the infrastructure for its direct use as a means of payment.
you're right, but we can't impose that will. sometimes, when people know the potential of bitcoin, that person will only see bitcoin as a tool to generate profits, and that is normal. I think a low price now will make many people try to make transactions, or open a business that is related to bitcoin, so bitcoin will be used as a means of payment by people.

i agree . that is only the time that people will use bitcoin as a currency because when btc price is low , its transaction fee is also cost cheaper and the transaction speed also improved dramatically but all of this can become opposite whenever the value of btc goes higher and higher  .

Yet , both scenario are still good because people will still buy btc for investing or for paying use .  so dont worry guys , it is still a win win situation for us and for btc as well .
Pages:
Jump to: