Bitcoin is not a good idea as a currency. Although Bitcoin’s goal was to become a currency, Bitcoin now looks more like an investment product than a currency. Its dramatic price fluctuations are not conducive to being a medium of exchange.
I don't think stability of bitcoin can help to make people use it. IF it become as a currency no one use it. Whatever is now is better for bitcoins. 
Topic: How can we get people to use bitcoin as a currency? - page 47. (Read 52963 times)
One of the ways to get the public's attention on Bitcoin is to start asking for making payments in Bitcoin in every shop we buy items from. With this, the attention of these shops, companies or businesses will be drawn to Bitcoin and consider integrating it into their payment.
How sure are you that when you’re making use of Bitcoin that others are also making use of it? Using Bitcoin is not going to be a way to promote, and there isn’t much places where it is being accepted and those who are using it as a method of payment would feel disappointed cause they will be losing the money they have in their wallet, unless they will be using any wallet that let’s them keep money in dollars and not only as cryptocurrencies.
very simple. That is when the whole world accepted Bitcoin and wanted to own it. If it really has great value like Microsoft or Amazon, surely there will be more people wanting to own bitcoin. Instead of choosing to buy Microsoft stock, they will buy Bitcoin and hold. Buying Bitcoin will not cost you much and is easy to trade.
I spend crypto daily - I use Bitpay services which holds my BTC and then it converts to fiat cash as I use the card - works like any other debit/credit card.
So many people already use bitcoins in the virtual world and in the real world, just bitcoin hands are currently tied until the governments legalizes it, then it will be possible to talk about other possibilities when this happens. It is certain that this moment should sometime come.
In my opinion, mostly the people who have many Bitcoins use this crypto as the currency, the money to buy something. The majority prefer to invest in it and trade to earn.
So many people already use bitcoins in the virtual world and in the real world, just bitcoin hands are currently tied until the governments legalizes it, then it will be possible to talk about other possibilities when this happens. It is certain that this moment should sometime come.
In my opinion, mostly the people who have many Bitcoins use this crypto as the currency, the money to buy something. The majority prefer to invest in it and trade to earn.
If you want everyone to be able to use bitcoin, then the first thing we need to do is to build the infrastructure: that is, make sure all the internet and computers are set up. Secondly, everyone must equip themselves with technology knowledge to be able to use it
I think it will be very difficult to make people aware that bitcoin can be used for payment, because basically everyone who enters the crypto world wants to earn income, it is better to give a first understanding of bad fiat money and the BANK, so people will turn to crypto by itself .
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.
That is what bitcoin purpose for the future being uses in any different aspects like payment directly to store, using bitcoin card being process to pay to airlines ticket, busses, train and any transformation we have if ever we don't have phone carried anywhere.
it is a gradual process and I believe in the long term this would be a forgotten story as we will get to see the scaling issue solve and with mainstream adoption, volatility becoming a thing of the past and in such cases, we will get to see more merchants accepting bitcoin and even other cryptocurrencies. With that, you will not need to tell anyone to try it all by themselves and that is how the usage in normal life will kick in.
If you want everyone to be able to use bitcoin, then the first thing we need to do is to build the infrastructure: that is, make sure all the internet and computers are set up. Secondly, everyone must equip themselves with technology knowledge to be able to use it
I think that for the internet, laptops or cellphones, everyone has it. the main problem is about the main rules in each country that is different, and if you experience rejection we are also limited to using bitcoin Bitcoin is not a good idea as a currency. Although Bitcoin’s goal was to become a currency, Bitcoin now looks more like an investment product than a currency. Its dramatic price fluctuations are not conducive to being a medium of exchange.
If the price of bitcoin keep increasing people involve with it. As we're watching the price which is decreasing and people are quiting. Just think what if the price increase instead of decrease i am sure no one will left the bitcoin even more people join it and invest there money.
for now I think it is very difficult because not all countries legalize crypto currency as a legitimate and valid currency, people will think negatively and badly about crypto currencies
Bitcoin BTC can be a currency only if its price is stable.
and that won't happen. bitcoin is a decentralized currency in which no one controls it in the market and everyone who is called an investor makes the pump or dump itself. the situation will continue with efforts to make profit, and bitcoin will not be stable.
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.
perhaps for absolute payments such as the applicable fiat currency I don't think that can happen, and in my country the currency has not been fully recognized by the government, and the government prohibits payment transactions directly using cryptocurrency. Even online, there are only a few stores who are accepting it as 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.
Even online, there are only a few stores who are accepting it as payment.
You cannot force people to use bitcoin as currency because there are only a few things as what you mentioned that can be bought with bitcoin. When it comes to our country, I am using bitcoin as currency at times because I use it to pay some of my bills like credit card, phone bills etc. because our platform permits us to do so.
However, not all country has this kind of platform and in case they need money, they are force to exchange it to fiat first because most of the transactions can only be paid in fiat. It would start with the merchants if they would consider adopting it and then people would use it as currency.
However, many countries are accepting it as payment mode especially companies where there friction-less transaction of Bitcoin is very necessary. As long as traders and investors who have business around should accept crypto coins as payment mode after which people will enable to use it.
Exactly, there's nothing to do with the people but it's with the firm itself, or the government who should first consider bitcoin as a currency. People are just consumers.
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.
You cannot force people to use bitcoin as currency because there are only a few things as what you mentioned that can be bought with bitcoin. When it comes to our country, I am using bitcoin as currency at times because I use it to pay some of my bills like credit card, phone bills etc. because our platform permits us to do so.
However, not all country has this kind of platform and in case they need money, they are force to exchange it to fiat first because most of the transactions can only be paid in fiat. It would start with the merchants if they would consider adopting it and then people would use it as currency.
However, many countries are accepting it as payment mode especially companies where there friction-less transaction of Bitcoin is very necessary. As long as traders and investors who have business around should accept crypto coins as payment mode after which people will enable to use 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.
I think it should be accepted as currency by the goverment and get legalized first, but people still foudning different ways to use it even if they can use it in the store we can send for example money to each other and withdraw them in cash it's also a lot more better then using high fee exchange Even online, there are only a few stores who are accepting it as payment.
If we want to get people to use bitcoin as currency and not as a quick way of making money, we have to be sure that there is enough merchants accepting bitcoin. In this case, people will be attracted to spending there bitcoin to buy good for sale by those merchants
The only problem of introducing bitcoin to people to use it as a currency is the fact that its market value is very unstable as it is volatile in nature too. You can not make a certain thing to be a currency if its value can rise and fall every minute.
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 is a big problem and it is not something that can be solved easily, we are going to need that people see a reason to use cryptocurrencies and this is going to happen if they see that their fiat currency is extremely weak and for that we will need the economy of the world and the power of governments to weaken, something that could happen but we do not know when. Even online, there are only a few stores who are accepting it as payment.
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