How can we push the actual use of Bitcoin ? - page 4.

malikusama

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Quote from: User365 on July 07, 2017, 05:56:26 AM

I and many others just hold their bitcoins and wait till it gets worth more. But that is not how a currency should work. A currency is meant to be used in daily trades for groceries and so on.

My question is how can we push the actual use of the bitcoin and what is nessacary to do that ?

I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC)

After this problem is solved this would be my ideas, I hope you help me gather more:

Convince organisations like amnesty international to accept bitcoin as donations
Convince big internet companies like amazon to accept payments via bitcoin, this should take a while but with some petitions they might consider it (propably better starting with some smaller companies)
Start accepting bitcoins yourself, not only on the interent but for example if you are a student and do some private tutoring, and have a small ad for you on a blackboard somewhere, you could print a "Bitcoin accepted" on it.

The main thing is legalization of bitcoin all over the world, as more countries will begin to legalize bitcoins the more its actual use will begin. Retailers, stores and restaurants etc. only accept payment method which is legalized by their government, so if the bitcoin will become legally acceptable by government then the bitcoin market will extend and we will see more retailers and stores.

Kisanaq

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Of course this depends on the infrastructure and support of wallet providers, if they work with malls, supermarkets, hotels, restaurants and provide ATM bitcoin and so the use of bitcoin will be more massive.

panorama

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What would also help is the growth of services like 10x and Centra Tech. These allow people to use crypto currencies anywhere Visa and Mastercard are accepted.

xSkylarx

hero member

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We can push the actual use of bitcoin if we are going to have a lot of people who are interested in using bitcoin and because of that bitcoin will be used in different kind of things and having bitcoin in our side will help us to get different new ideas in order to come up with a better and more profitable strategy.

Spontebob

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Quote from: User365 on July 07, 2017, 05:56:26 AM

I and many others just hold their bitcoins and wait till it gets worth more. But that is not how a currency should work. A currency is meant to be used in daily trades for groceries and so on.

My question is how can we push the actual use of the bitcoin and what is nessacary to do that ?

I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC)

After this problem is solved this would be my ideas, I hope you help me gather more:

Convince organisations like amnesty international to accept bitcoin as donations
Convince big internet companies like amazon to accept payments via bitcoin, this should take a while but with some petitions they might consider it (propably better starting with some smaller companies)
Start accepting bitcoins yourself, not only on the interent but for example if you are a student and do some private tutoring, and have a small ad for you on a blackboard somewhere, you could print a "Bitcoin accepted" on it.

The reasons you have given is enough already to convince someone to push theirselves in the actual use of bitcoin. But for me, this things are not that much important because bitcoin is already gaining its popularity to people nowadays. Bitcoin is already working on its own to convince someone to use it. The currency that is being used by most of the people are way too different with bitcoin but for me bitcoin is way more better.

Ajinomoto40

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Buy, sell and store real cryptocurrencies

Quote from: User365 on July 07, 2017, 05:56:26 AM

I and many others just hold their bitcoins and wait till it gets worth more. But that is not how a currency should work. A currency is meant to be used in daily trades for groceries and so on.

My question is how can we push the actual use of the bitcoin and what is nessacary to do that ?

I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC)

After this problem is solved this would be my ideas, I hope you help me gather more:

Convince organisations like amnesty international to accept bitcoin as donations
Convince big internet companies like amazon to accept payments via bitcoin, this should take a while but with some petitions they might consider it (propably better starting with some smaller companies)
Start accepting bitcoins yourself, not only on the interent but for example if you are a student and do some private tutoring, and have a small ad for you on a blackboard somewhere, you could print a "Bitcoin accepted" on it.

I think the actual use of bitcoin would only take place to every individual's life would only occur if the value of bitcoin is already stable. Many people are keeping and storing their bitcoin for a long time hoping that as the value of bitcoin increase, their money would do also. Sharing knowledge to other people may also work wherein you are going to explain it to them the benefits of using this currency at our current generation which is the digital age.

bentong talong

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🚀🚀 ATHERO.IO 🚀🚀

Quote from: User365 on July 07, 2017, 05:56:26 AM

I and many others just hold their bitcoins and wait till it gets worth more. But that is not how a currency should work. A currency is meant to be used in daily trades for groceries and so on.

My question is how can we push the actual use of the bitcoin and what is nessacary to do that ?

I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC)

After this problem is solved this would be my ideas, I hope you help me gather more:

Convince organisations like amnesty international to accept bitcoin as donations
Convince big internet companies like amazon to accept payments via bitcoin, this should take a while but with some petitions they might consider it (propably better starting with some smaller companies)
Start accepting bitcoins yourself, not only on the interent but for example if you are a student and do some private tutoring, and have a small ad for you on a blackboard somewhere, you could print a "Bitcoin accepted" on it.

There are a lot of ways to convince someone to use bitcoin in some actual acts. Bitcion has been making a

Quote from: panorama on September 25, 2017, 08:18:40 AM

Pricing has to be more stable before people will really start using it in their everyday lives. In order for it to become more stable, it needs wider adoption beyond speculators and traders.

So, it's really about educating people and sharing the real benefits of it as a currency. Right now people first hear about it due to its price movement, and while that's good for general awareness and can get people to make their first purchase, it does nothing to encourage real adoption.

There are a lot of ways to push someone to the actual use of bitcoin. You can tell them right away the benefits they may gain if they are going to use bitcoin. They can use it in a lot of ways and a more convinient way. Many people are aiming to have a currency that can be accessed online and bitcoin is one of the most effective and proven currency as of today. A lot of people have already gain many benefits from using bitcoin and I think it's enought to persuade others.

panorama

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Activity: 280

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Pricing has to be more stable before people will really start using it in their everyday lives. In order for it to become more stable, it needs wider adoption beyond speculators and traders.

So, it's really about educating people and sharing the real benefits of it as a currency. Right now people first hear about it due to its price movement, and while that's good for general awareness and can get people to make their first purchase, it does nothing to encourage real adoption.

Rinder

hero member

Activity: 868

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Bitcoin is already very used into online business, but the merchants arent working with bitcoin, neither big companies, if bitcoin can and reach those two areas we will see bitcoin growing very fast and mainstream would be achieved, people are using bitcoin as store of value as well as investment where they expect to grow their fiat money. For me this are the places bitcoin need to reach to grow and reach the legalization worldwide being accepted everywhere.

Konthol Ngaceng

sr. member

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This depends on awareness of all of us, if everyone knows the benefits of bitcoin transactions better than the bank then automatically they will leave the bank and switch to bitcoin. we have to spread information about bitcoin to anyone so they are interested in using bitcoin.

Dainye_dyep

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Activity: 238

Merit: 100

Quote from: User365 on July 07, 2017, 05:56:26 AM

I and many others just hold their bitcoins and wait till it gets worth more. But that is not how a currency should work. A currency is meant to be used in daily trades for groceries and so on.

My question is how can we push the actual use of the bitcoin and what is nessacary to do that ?

I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC)

After this problem is solved this would be my ideas, I hope you help me gather more:

Convince organisations like amnesty international to accept bitcoin as donations
Convince big internet companies like amazon to accept payments via bitcoin, this should take a while but with some petitions they might consider it (propably better starting with some smaller companies)
Start accepting bitcoins yourself, not only on the interent but for example if you are a student and do some private tutoring, and have a small ad for you on a blackboard somewhere, you could print a "Bitcoin accepted" on it.

Actually you have just stated enough reasons for people to like and gain the interest of the people. But we do not evenly need to push the usage of bitcoin since bitcoin itself is doing the job to gain its potential users and investors that will come up to a wide usage of bitcoin cryptocurrency not just in one nation but also in the whole world. Actual realization about bitcoin's importance is also one of the factor why people will start to use bitcoin and as the number of bitcoin users will rise, there comes the time that establishments will surely make themselves capable of handling and operating bitcoin usage for the sake of gaining the needs and wants of its consumers.

v3liana

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we need to persuaded people to use it. if its become primary needs, bitcoin prices goind to rise up to the top

bohr

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Quote from: Fatanut on September 17, 2017, 08:32:26 AM

Sure, bitcoin "should" be used as a currency and be used to pay for things but that's just according to you. Very little in this world gets used for the way they should be. For example, a gun might be made for people to kill animals but that's definitely not the case today. Guns are being used to kill innocent people. Even a nailcutter which only purpose is to cut or file nails, they are being used as a weapon.

Bitcoin is used as a currency but most of the time it's used as a speculative asset. Nothing is wrong with that. People will do whatever they want with the things that they have and you don't get to control that. You don't get to say "stop" and people will just start following what you said.

With the things that you suggested, who exactly would talk to these people? That someone should be big enough and known enough in order for him/her to persuade these huge companies. For your third suggestion, uhmm, people won't just start using bitcoins just because you are accepting bitcoins. It's too much effort for someone who has zero knowledge about it.

Besides it is not like bitcoin is the only currency being used to speculate when even the most widely used currency around the world the US dollar is used in the very same way in the forex market, then we cannot complain that people use bitcoin mostly to speculate, now it is true that people also use the dollar as a currency but that is something that is going to improve once we got the lightning network working.

bitcointarget

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Quote from: Biggapp on September 20, 2017, 09:20:37 AM

Quote from: YTBitcoin on September 18, 2017, 06:11:18 PM

Quote from: Zimbabwecoin on September 17, 2017, 09:10:50 AM

Convincing people to invest in bitcoin will be much better than convincing them to use it. When they see it increase in price they will have enough temptation to use Bitcoin. That is the easy part. The hard part is getting them to invest initially.

it is easier to introduce bitcoins to general public as long term investments than a digital currency that can be sued just like fiat. People are definitely instantly going to resist bitcoins for fiat but they won’t hesitate using them as investments. We should tell people about our profits from bitcoins to attract them.

We can increase the use of the bitcoin by making more and more people to convenes to use bitcoin so if the people will be agree to use bitcoin then it will be the great achievement for the people of bitcoin because with this the price of the bitcoin will increase more and it will be great profit for the people who use bitcoin and they kept holding their bitcoin for long time.

We can together make this ecosystem bigger and bigger, but we can't make the usage of bitcoin wider ourselves. People need to adopt it themselves and try to use it in real life. That's the only way.

Biggapp

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Quote from: YTBitcoin on September 18, 2017, 06:11:18 PM

Quote from: Zimbabwecoin on September 17, 2017, 09:10:50 AM

Convincing people to invest in bitcoin will be much better than convincing them to use it. When they see it increase in price they will have enough temptation to use Bitcoin. That is the easy part. The hard part is getting them to invest initially.

it is easier to introduce bitcoins to general public as long term investments than a digital currency that can be sued just like fiat. People are definitely instantly going to resist bitcoins for fiat but they won’t hesitate using them as investments. We should tell people about our profits from bitcoins to attract them.

We can increase the use of the bitcoin by making more and more people to convenes to use bitcoin so if the people will be agree to use bitcoin then it will be the great achievement for the people of bitcoin because with this the price of the bitcoin will increase more and it will be great profit for the people who use bitcoin and they kept holding their bitcoin for long time.

Naughty Princess

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Quote from: Zimbabwecoin on September 17, 2017, 09:10:50 AM

Convincing people to invest in bitcoin will be much better than convincing them to use it. When they see it increase in price they will have enough temptation to use Bitcoin. That is the easy part. The hard part is getting them to invest initially.

That is right. Because bitcoin takes time to collect, we must value it and instead of thinking where to use it first, we must do investment of trading in order to gain profit for the growth of money. Pruce of bitcoin is increasing ang wait till the time come that it will double the amount.

bohr

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Quote from: Intersan on September 13, 2017, 01:30:05 PM

Quote from: Nascor on September 11, 2017, 05:28:51 AM

the market capitlization is too big to push anything.. unless you have several millions and coordinate all of them to buy/sell, it's not possible

It is hard to push the actual use of bitcoin cause it is too big ang not so popular to the other. Even some of the people know the bitcoin it is hard to use because some store did not already accepted the bitcoin. For me much better to earn a bitcoin and convert it to the local currency which give an extra profit. I think this will happen if the bitcoin become so popular and can compete to the demand currency and first of all need to legalise the bitcoin to accept by the other.

Actual use of bitcoin can only go up when the usefulness of bitcoin goes up as well, we cannot make any microtransactions anymore because the fees are simply too high for that, so if we want that bitcoin is used more as a currency as it was satoshi vision then the fees need to get lower, the devs gave that step with segwit but we still have a long way to go to see cheap transactions, once that happens people will begin to use bitcoin as a currency once again.

YTBitcoin

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Quote from: Zimbabwecoin on September 17, 2017, 09:10:50 AM

Convincing people to invest in bitcoin will be much better than convincing them to use it. When they see it increase in price they will have enough temptation to use Bitcoin. That is the easy part. The hard part is getting them to invest initially.

it is easier to introduce bitcoins to general public as long term investments than a digital currency that can be sued just like fiat. People are definitely instantly going to resist bitcoins for fiat but they won’t hesitate using them as investments. We should tell people about our profits from bitcoins to attract them.

Zimbabwecoin

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Convincing people to invest in bitcoin will be much better than convincing them to use it. When they see it increase in price they will have enough temptation to use Bitcoin. That is the easy part. The hard part is getting them to invest initially.

Potato Chips

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yesssir! 🫡

Quote from: pugman on September 17, 2017, 02:20:29 AM

Quote from: User365 on July 07, 2017, 05:56:26 AM

I and many others just hold their bitcoins and wait till it gets worth more. But that is not how a currency should work. A currency is meant to be used in daily trades for groceries and so on.

My question is how can we push the actual use of the bitcoin and what is nessacary to do that ?

I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC)

After this problem is solved this would be my ideas, I hope you help me gather more:

Convince organisations like amnesty international to accept bitcoin as donations
Convince big internet companies like amazon to accept payments via bitcoin, this should take a while but with some petitions they might consider it (propably better starting with some smaller companies)
Start accepting bitcoins yourself, not only on the interent but for example if you are a student and do some private tutoring, and have a small ad for you on a blackboard somewhere, you could print a "Bitcoin accepted" on it.

The thing is centralized organizations control people's minds most of the time, and if a grocery store starts accepting bitcoin as a payment mode, soon more will join and the more big the group of bitcoin accepting merchants get, the problem will be for the government as this would affect the economy, because there is not tax on bitcoin,if you just do everything for yourself and do not contribute to the government, the government will definitely take some action.

Why do you think others will join already just because someone did accept bitcoin? lol they will only start doing the same if they saw your business booms because of it or

worse they might come up something better basing from it. yes bitcoin can't be taxed but to the best of my knowledge every registered business are subject to pay taxes e.g

income tax, self-emplyment tax of course taxes depends on how big is your business. if bitcoin users gets to get huge in your country i'm sure your government will come to

regulate it but i don't think they'll go for drastic measures for starters.

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