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Topic: How can we get people to use bitcoin as a currency? - page 38. (Read 52963 times)

copper member
Activity: 51
Merit: 0
I like crypto podcasts...
we just need more stores and merchants to start accepting bitcoin as a way of paying for goods and services
full member
Activity: 714
Merit: 102
by selling some of the products they need with transactions using bitcoin, so that inevitably people will exchange their FIAT currency against bitcoin to buy the items they want.
member
Activity: 276
Merit: 10
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jr. member
Activity: 322
Merit: 2
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 is still developing and maturing into that. The adoption rate for use as medium of exchange is still quite slow. But we can expect to see more usage in stores as time progresses.
newbie
Activity: 32
Merit: 0
Bitcoin BTC can be a currency only if its price is stable.
I know what you mean but I don't agree with you. for me, bitcoin can become a currency when it is accepted by the government and it can bring benefits to users.
full member
Activity: 491
Merit: 105
We don't get people to use bitcoin as real currency because of its volatility. We can easily convert bitcoin into fiat through some exchangers. Maybe we should be focus on how can we inform the people about cryptocurrency and blockchain and its function so that the value of cryptos will increase.
There are already lots of stores online today and a few offline that are accepting Bitcoin. There are even Bitcoin ATM and there are also wallets that has debit cards. Most of these things are already available for cryptocurrency but people still don’t want to make use of cryptocurrency. I’m even starting to question if stability is the problem, if stability is the problem here, then there are coins which are stable, so why not use those coins?.
member
Activity: 145
Merit: 10
Using bitcoin as a currency is a choice by individual who understand cryptocurrency technology today.With the volatility of bitcoins it is an opportunity to a holder to gain higher or lower profit when it is mishandled.
There are numerous establishments accept bitcoin as a mode of payment wherein it is good way of promoting bitcoin to the community.
hero member
Activity: 1092
Merit: 501
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.
newbie
Activity: 26
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
full member
Activity: 840
Merit: 105
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in my opinion, we must invite all stores to participate in the use of bitcoin. if more and more stores in our area just accept bitcoin as a payment tool, the stores in other areas will also accept bitcoin as a means of payment.
besides that we also have to make companies that accept bitcoin as a medium of exchange so that bitcoin becomes very useful in our daily lives.
hero member
Activity: 2814
Merit: 526
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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.
newbie
Activity: 295
Merit: 0
Firstly introduction to the people, on how to use Bitcoin, the benefits entails and advantage thereof. Out of 20 peoples I sure of  convince 5 people to start and see the benefits of using Bitcoin and with limited time Bitcoin is going to be acceptable through out the nation.
sr. member
Activity: 812
Merit: 250
Bitcoin is already a currency but it is not yet really used like the fiat currencies. The reason is that it is not yet supported everywhere as a payment method either online or offline. That is why people still considering Bitcoin mainly as an asset, they trade and hold it for making good profits.
Most of the countries now are legalized the use of bitcoin and I guess they already recognize it as currency where they exchange it in different product. The reason why they keep on using it as an asset because of income that they could get. But, I think bitcoin can really use as currency and asset at the same time.
legendary
Activity: 1568
Merit: 1002
We as a crypto community here have done something that will make many people come and start using bitcoin as a medium of exchange, we can find these exchanges here and in some shops out there whether it's online or offline, we can't force people to use bitcoin as a tool exchange or payment method with bitcoin. If they already know bitcoin and are aware of these assets in the future, then I am sure they will gradually become aware and will make crypto a medium of exchange that can be applied in many sectors.
hero member
Activity: 2660
Merit: 651
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I don't think that we need to worry about this too much. If Bitcoin looks attractive to the individuals, they will start using it without any compulsion from the promoters. At the most, we can educate people about the benefits and merits of Bitcoin.
This is true, at this point we dont have to worry about other people to use bitcoin as currency. In every country we have on our own currencies to use to buy foods and services. When bitcoin has more benefits that users enjoying much no need to force other people to use eventually they will adopt this technology.
Well said and I agreed with what you said seems we already have some part of the government supporting bitcoin as currency. Besides, the words said by the IMF Director, Malta PM and others crypto currency enthusiast is enough but we still have to spread the words about crypto using the media and a time will come that the world themselves will drift to  crypto currency.
hero member
Activity: 1428
Merit: 506
I don't think that we need to worry about this too much. If Bitcoin looks attractive to the individuals, they will start using it without any compulsion from the promoters. At the most, we can educate people about the benefits and merits of Bitcoin.
This is true, at this point we dont have to worry about other people to use bitcoin as currency. In every country we have on our own currencies to use to buy foods and services. When bitcoin has more benefits that users enjoying much no need to force other people to use eventually they will adopt this technology.
sr. member
Activity: 913
Merit: 252
I don't think that we need to worry about this too much. If Bitcoin looks attractive to the individuals, they will start using it without any compulsion from the promoters. At the most, we can educate people about the benefits and merits of Bitcoin.
member
Activity: 602
Merit: 10
For some people in some country, bitcoin prohibited used as currency. And i think thats why many people in some country still using bitcoin as investment. I think if their government start regulating and accepting bitcoin as currency, i am believe they will use it for shopping in merchant
sr. member
Activity: 1050
Merit: 251
I think it will be difficult to make Bitcoin the real currency. because every country in the world already has a national currency and they have been using it for years. and the value of bitcoin is also very volatile so it will be difficult to determine the price standard. and also finding a store that accepts bitcoin is also difficult maybe only in countries that legalize bitcoin we can find it and the amount is still small. so I think bitcoin is only good as a trading commodity and investment tool. not for payment instruments.

People will go on using their national currencies, but they can also use the crypto. It is a choice of each person - what to pick. For some guys, Bitcoin is much for convenient than fiat.
oh of course that and whenever national currencies will always be used every day even though there is now a faster currency to do online transactions, but for crypto it will certainly also be used temporarily online, because there are not many stores to use offline who understands the crypto world
Bitcoin is quite broad, many find it strange and are unaware of what this technology is all about. With the tremendous evolution of virtual currency, people using fiat is still of big percentage. Fiat has long been the medium of exchange. While Bitcoin is not widely-adopted yet it may seemingly be hard for us to have full access with it since some of its functionalities are restricted. However, I believe that showing Bitcoin's achievements, its benefits, and with our strong support system it can greatly help increase its demand.
full member
Activity: 644
Merit: 113
When people realized that having Bitcoin is simple and secure, they might possibly decide to join in. The better way to make understand it is to give them or let them have a Crypto wallet where it shows the basic feature of Crypto which are open source code, peer to peer transfer, decentralization and user friendly feature. I use Hodler wallet when presenting it to.someone, since it is the only open source multi wallet available and it has easy to handle feature.
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