How can we get people to use bitcoin as a currency? - page 44.

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Quote from: redsap on November 01, 2018, 10:22:29 PM

Quote from: SnowAugustine on October 15, 2018, 07:13:46 AM

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.

is hard to say but there is no quick way for people can understand about using bitcoin as a daily currency, slow but sure i think it can if a lot of bussiness company that are going to accepted bitcoin as a payment, we know if just few store who are accepting it, but the one who can make bitcoin as currency is a retail or store.
many people are open their store and accepting bitcoin that can affected later for bitcoin as a currency

Most of us are not ready to use it as a currency. However, if somebody wants to buy the goods for Bitcoin, he can find the sites that deal with it. Everything is possible. Just compare the resourses to pick the best one.

0t3p0t

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Quote from: SnowAugustine on October 15, 2018, 07:13:46 AM

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.

There is nothing for the people to do something other than adopting the idea of Bitcoin. Educating other people about the importance, convenience and other potentials of Bitcoin in terms of investments. If you mean literal definition of Bitcoin as currency well based on my experience convenience in buying and paying goods and services is great and quiet fast and I know that people will surely like it and they only need to adopt and be educated.

redsap

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Quote from: SnowAugustine on October 15, 2018, 07:13:46 AM

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.

is hard to say but there is no quick way for people can understand about using bitcoin as a daily currency, slow but sure i think it can if a lot of bussiness company that are going to accepted bitcoin as a payment, we know if just few store who are accepting it, but the one who can make bitcoin as currency is a retail or store.
many people are open their store and accepting bitcoin that can affected later for bitcoin as a currency

ufaiz50

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Crypto fluctuations are very risky when applied in the business world and that's why only a few of the real stores accept this payment, if someday business opportunities by receiving crypto payments can advance and increase profits, then I'm sure many of the real stores will adopt it and we need to wait for that moment. I can't speculate much about fluctuations or legalization.

aeternus

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Quote from: UNOE on October 31, 2018, 05:20:09 AM

We need more merchants which accepts bitcoin, but before that government needs to do better regulation.
How we expect non regulated money, when everything is regulated.

No, we should not rely on governments to save us, if this market is going to succeed then it needs to do it as a decentralized market and a market that is against the regulations imposed by governments, if that does not happen then any use we may get out of cryptocurrencies is going to be superfluous since the goals that we hoped to reach will be forever out of reach.

lingwistiko

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It's a bit harder to get these people to use bitcoin as a currency because of the fact that bitcoin is having a very unstable market value. And we know that currency should have a stable market price just like in fiat currency.

SvonioneFromMangoCoinz

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Quote from: SnowAugustine on October 15, 2018, 07:13:46 AM

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.

we should wait. Because banks are more and more problematic and every year many banks fail and lose a lot of money. This is a good sign for Crypto to be crowned and widely used in other countries. People no longer need to deposit money in the bank. They can deposit money in wallets of various altcoins and can pay by their own sums. then businesses must have access to payment services by Crypto. Wink

illnino

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Quote from: SnowAugustine on October 15, 2018, 07:13:46 AM

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 that it already exists. Some companies accept cryptocurrency as a payment method, but in some experiment. Until bitcoin is unstable, the payment method is not interesting to the shops.

Ludmilla_rose1995

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I don't think it's easy. To tell someone to use bitcoin as a payment tool because very few stores want to accept bitcoin as a transaction tool. In addition, government regulations also tightened the movement and adoption of crypto in several countries.

FlightyPouch

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Quote from: smile1218 on October 31, 2018, 07:50:44 AM

Quote from: SnowAugustine on October 15, 2018, 07:13:46 AM

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.

By means of adoption and acceptance of the people is the only solution to get people to use bitcoin as a currency.

Do we really need to make people use Bitcoin or any other crypto currency as a fiat or a real currency? I mean I am not saying that it is bad but as an investor, I think it will be having a bad effect to Bitcoin. Yes, the demand will surely rise but if people will be using Bitcoin as a currency, but the blockchain is not ready since surely, there will be a lot of congestion on that like what happened last year.

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Quote from: SnowAugustine on October 15, 2018, 07:13:46 AM

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 i believe people would start to use it if there is a good services that help them to do transactions using bitcoin. People also need to understand how to use wallet and how bitcoins works i believe a good educations and good regulations by goverments would improve a lot of cryptocurrency transactions in quality and trust.

heleng05

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I think the way of making some advertisements is enough just like other company that are making some support to bitcoin that would be easy to them to get how to use it online just like a normal currency that we use online. And I think it would be possible to them to learn easier.

rationotled

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Quote from: senin on October 21, 2018, 11:04:51 PM

People cannot be forced to do anything in their cryptocurrency against their will. They will start using Bitcoin as a means of payment only if all the necessary conditions exist for this and it will be beneficial for them to do so.
Now there is not enough developed infrastructure to freely use Bitcoin as a means of payment, which is why it is so rarely used in this capacity. So far, most states have not decided on the legalization of Bitcoin and other cryptocurrencies, and without this the infrastructure for its use will not develop.

Gradually this use will increase and more and more people will join this world. With the passage of time people will know the importance and benefits of cryptocurrency and will put their money in it and will use it as their local currency. It is internet and digital currency era and we are going to be a part of this world. Today many people use their coins for their needs and this number will increase in the future.

Ahimoth

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Quote from: nisya on October 31, 2018, 10:28:39 PM

There will be a time for people to realize that they have a new way to use bitcoin as a currency and I am sure that they will excite with bitcoin. And once this is happening, all people will try to get involved into cryptocurrency, and they will know that there is not just bitcoin that is available on the cryptocurrency, and they have too many options to use, but bitcoin will still be a leader on the cryptocurrency.

I think if people realize the possible opportunity they can get from bitcoin or if they know how much earning they can possible get from it. Also its better if they not force to used Bitcoin because if they really want to know it, they will find way to understand and they will know how it works by thier own. Right now many people are getting interested to Bitcoin so I think we don't need to convince them to used it because they will surely to it by their own.

nisya

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There will be a time for people to realize that they have a new way to use bitcoin as a currency and I am sure that they will excite with bitcoin. And once this is happening, all people will try to get involved into cryptocurrency, and they will know that there is not just bitcoin that is available on the cryptocurrency, and they have too many options to use, but bitcoin will still be a leader on the cryptocurrency.

omegasoldier

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Two things:
1. Increase adoption rate.
2. Convince governments accept it as a valid method of payment.

The first point is relatively easy to implement, while the second one is trickier as Crypto is still an unknown territory for some countries that prefer to keep it banned in order to have at least some portion of control over this sphere of economy. I do hope that these two issues are correlated and the governments will start lifting bans as adoption rate increases.

Jackblack90909

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People need to see that Bitcoin is largely supported in the biggest marketplaces either online or offline as a payment processor, to get convinced that it can be easily used as a currency.
Also, the BTC community have to spread the word even more about this digital currency, and about blockchain technology.

Micerker

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Quote from: SnowAugustine on October 15, 2018, 07:13:46 AM

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.

Currently everyone participating in Cryptocurrency is using Bitcoin as a currency in cross-country transactions without the need for Banks. But it is impossible for the rest of the world to use Bitcoin as a common currency, as there are currently too many countries banning it.

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Quote from: SnowAugustine on October 15, 2018, 07:13:46 AM

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 takes a lot of regulations and investors to fully accept bitcoin as a currency to their businesses than a quick way to get cash. Though there are stores already who accepts bitcoin and mostly of them are found in US but some other countries are starting to use it too as a payment for their meals and other payable bills.

leexhin

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If you think about it some people already consider it as a currency they are using it just like any Fiat,
For example some online seller some of them are accepting crypto(Bitcoin) for their items or whatever they are selling.

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