If bitcoin will be used in our daily transactions. - page 14.

mammoniter

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Quote from: Raffy11 on September 16, 2017, 12:20:37 PM

If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.

Your question is divided into two points so let me give me my opinion upon those two.

1. Bitcoin as a mode of payment through school and universities: some schools already adapted to cryptocurrencies like the university of Nicosia which I read in an article ( https://www.wired.com/2013/11/bitcoin-university/ ) and it wouldn't be a surprise if more and more universities follows specially those who provides online courses which will make their programs more accessible throughout the world.

2. Teaching students about bitcoin is not necessary as a course but it could be an additional topic specially in business and marketing courses since its their field of interest but learning bitcoin is not enough to be an individual course or topic because it is not that hard to learn.

Haxor321

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Quote from: Raffy11 on September 16, 2017, 12:20:37 PM

If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.

Life of students will be more convenient. I think that there is big possibilities of bitcoin as a payment for tuition fees in school, but it will be implemented I guess in few schools only, that knows about the digital currencies, and Bitcoin.

gabmen

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Quote from: kimpena on October 16, 2017, 11:38:35 PM

Quote from: Raffy11 on September 16, 2017, 12:20:37 PM

If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.

Yes there's possibilty for it. There's always possibilities in all things, but in bitcoin possibilities is not that believable. Bitcoin can only be used in that situation if the country's government will accept bitcoin as a new currency, then it will be legal to its citizen to use bitcoin. Therefore, establishments may be encourage to accept bitcoin too, as a medium of exchange.

It may take many years for that to happen. Schools and other institutions like it are held by banks and the conventional system and it would be hard to open their minds about crypto transactions. Even if government legalizes btc, it would still be unlikely that they'll prefer btc over fiat

Mandoy

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Aurox

Quote from: Raffy11 on September 16, 2017, 12:20:37 PM

If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.

There are actually schools that are accepting bitcoin in Europe but very rare in number. Hoping someday that will be implemented so we can pay the tuition fee even at homes. Aside from the convenience it will make it will also help increase the market of bitcoin including its value.

JTASSOCIATES

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I believe that in near future Bicoin will be used in our daily transactions directly to the beneficiaries as Bitcoin is the future cryptocurrency which world going to accept its times requirement no one is going to stop accessing Bitcoin and it is the currency of technology others try to match Bitcoin and that time world known cryptocurrency will be Bitcoin.

We no need to worry about the access of Bitcoin as every day people start knowing about bitcoin.

tmawheba

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If bitcoin will be used in our daily transactions that will be bitcoin's great achievement and it is going to happen very near future. Bitcoin is already start using in day to day life by few retailers. So I strongly believe that Bitcoin is only future for the world economy game changer. Bitcoin has potential to make it happen very soon.

taiwww

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People will use bitcoin in their daily transactions.
Earlier they were using fiat currency, now they are using debit or credit cards, internet banking or applications like Paytm.
But how many people of the world will accept it, is a major question.
It is not that all the population of economically or digitally developed is using bitcoin or similar currency.
Use of bitcoin in day to day transaction needs a basic setup like electricity, internet, mobile & mobile wallets, which all families cannot afford. Instead they prefer paper currency in day to day transactions which requires none of these basic setups.
Day to day use of bitcoin is possible only when the governments of all the countries approves it as a legal tender which is not possible due to its high running cost.

kimpena

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Quote from: Raffy11 on September 16, 2017, 12:20:37 PM

If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.

Yes there's possibilty for it. There's always possibilities in all things, but in bitcoin possibilities is not that believable. Bitcoin can only be used in that situation if the country's government will accept bitcoin as a new currency, then it will be legal to its citizen to use bitcoin. Therefore, establishments may be encourage to accept bitcoin too, as a medium of exchange.

Dexion

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for now I think it's still a dream, and the imagination is not sure when it will come true ,, !! of course if it happens then the government had to do socialization to the public about bitcoin and how its use ,, !! This is very important ,,, !!
so I'm sure that any school will accept transactions with bitcoin ,, !!

tmaleha

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Bitcoin is start accepting by few retailer in daily transaction.

About tuition fees and other things it is possible in near future as the price increase and the track record of bitcoin giving more hope day by day to involve with Bitcoin.

I am waiting for that day the whole world use Bitcoin frequently for sure it is very near.

yohan09

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If bitcoin will be used in daily transaction, then this is the good chance to earn more money for bitcoin holders, possibly bitcoin will sure price up because many people will indulge dig thru it through long term investment such as holding or trading. Advantage for everybody, we made lives easy. Easy in terms of transacting payments. This is one way movement to become cashless society.

Rana590

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Quote from: Raffy11 on September 16, 2017, 12:20:37 PM

If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.

Legality of bitcoin in this case is main factor. If the governmentof a country accept bitcoin as their legal currency then it can be possible. Seems in future, we can see this process very soon.

Protected101

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Quote from: Raffy11 on September 16, 2017, 12:20:37 PM

If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.

In fact there are school here in our country who use it as a tuition fee.And it became more easier for us when we use bitcoin as payment .If bitcoin will became our currency it will happen that it can use in other establishments using bitcoin to pay for other transactions.Teaching bitcoin in some students will gained more knowledge for them to deeply understand the meaning of bitcoin.

mercyt

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Maybe it is possible in the future since bitcoin is not yet accepted in every country maybe it will be hard to implement things with bitcoin. But we really looking forward to that thinking because it can help people especially us who are crypto enthusiast. Once internet is easily accessible to every part of the world, that will be the good time to implement bitcoin only everywhere.

djablom

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Then it would be known by everyone and everyone will start finding ways to get bitcoins companies will start their own blockchain people will rather post than go to work and earn money the harder way.

Nagrogflaz

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Quote from: iL_P4driNo on September 16, 2017, 04:32:43 PM

Bitcoin fees now are very high for small transactions.

will be very troublesome if you need to spend with small value and need money immediately but we only have bitcoin

pat4cryptoreal

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Using bitcoin for daily transaction will be a very nice development which will ease every one, both the seller and buyer will have little to be worried about especially stress and issues that may some times come with using debit card.

Mainman08

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Yes it can be a payment in tuition in school, in restaurants, pay bills, etc.. This will happen if and only if bitcoin will be our currency.

Webberson

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Before bitcoin can be used to make daily payment in a country, it has to first of all gain acceptance, after which it could be used to make daily transactions.

josephinerosdy

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I don't think I used my bitcoin for daily transactions especially for small amount.
I prefer used fiat for daily transactions

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