If bitcoin will be used in our daily transactions. - page 15.

thenameisjay

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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.

That's right. Once you accept school payments like tuition as bitcoins, eventually the school itself will have to teach the children the use and benefits of bitcoins in our daily lives. Eventually, every store will be accepting bitcoin as monetary payments.

tukiMiN

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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.

I think if the government has legalized bitcoin certain schools in the country will adapt it to follow the rules of the country. and for students in the school will be quick to understand about the bitcoint system if there is a guide

cydrix

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I guess it will be easy as yell though if we always depend on digital stuff maybe some hackers can hijack for some time in the future it will be disastrous and also we dont know when will bitcoin last it is not centralized yet so it will eventually stop or be dead possibly . Using bitcoin is like an life hack but as i said hacker will find some cracks that could let to hijacking through it

mevmike

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as of now using bitcoin for everyday lives may not be that promising yet.
a lot of factors are needed to be considered when doing it.
especially because of its volatility people may not willingly accept it as terms of payment for their goods or services.
but hopefully one day this could happen.
Cheesy

ongels

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Perhaps, It is possible to happen, We even had bitcoin in hotel and restaurants, but in limited areas, And now our prospect in school in the future. Could be a tough one to determine , May be it takes time and process to come up with that real scenario, How i wish there something more to happen about bitcoins and if ever this things come true, Its a good things to spread the good news all around the world. and all bitcoin holders are very fortunate and enjoy the advantages comes with btc.

franco123

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Quote from: swiftblade on September 16, 2017, 02:39:31 PM

Quote from: Drnice on September 16, 2017, 02:15:38 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.

The only way bitcoin can go into school curriculum and be taught in class is when the countries government has accepted bitcoin into their system as a legal currency. This might not happen in some countries, but if it will, it will have to take a very long time to happen.

But first government must have something benefitial from bitcoin. As long in fiat they cut us by Taxes. There is no way will happen in bicoin.

They will never teach or accept some inovation that has no feedbacks.

This problem will discontinue if Government act as Regular Miner for accelerate bitcoin transaction between user, they have enough reaources to improve that And that is the way Gov. Have to be. Not just a Nasty Maggots.

I agree, the government will not let itself get behind with with the potential success of Bitcoin in the future. Taxes will be imposed and probably will be imposed as part of the fees per transactions.

But still, if we are using Bitcoin in our daily transactions, the way of paying would probably be just through our gadgets like smart phones. Bitcoin addresses would be improved into codes for easier way to pay and the main difference from now is we no longer bring cash.

mrfaith01

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If bitcoin will be used in our daily transaction there will be lot easier on us...we dont need to fall in line to pay the bill and we dont need to pay extra for are transaction..it will be very convinient for us

oloveloveo

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If bitcoin will be used in daily payment, then it is possible for some schools to accept the bitcoin for tuition fees. Because the society used it. But first i think the government must accept the bitcoin and make it a new currency to be used in the country. After that the first step should be teaching the people the worth and the used of bitcoin. But that depends to the government decision. When that happen, bitcoin can be used but not it cant totally replace the flat currency.

kpcian

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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.

If Bitcoin is not a valid currency in your country then you can't include into a curriculum textbook. because no illegal thing should not be discussed in the school. but regardless of any institutional purpose we can use Bitcoin without getting a legal currency.

JeffBrad12

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Quote from: Rishabh riyz on October 09, 2017, 10:27:44 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.

It is possible in future, bitcoins have that potential to do so.
For that bitcoins do need to upgrade themselves ,like they have to reduce the transaction fees or else sometimes the taxes would go beyond the value of products.
The anonymous nature must be removed or atleast made possible to track an account so that no one could use it for funding illegal activities.

Do you really think that bitcoin is anonymous? you should read the reason of why bitcoin often called by cryptocurrency expert "pseudo-anonymous" then. Bitcoin is not anonymous at all, you'll stay anonymous only if none know that you are the owner of a specific address, and once you're exposed, everyone could trace where your money is going by simply exploring your address with blockchain explorer, still think that bitcoin is anonymous?

Rishabh riyz

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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.

It is possible in future, bitcoins have that potential to do so.
For that bitcoins do need to upgrade themselves ,like they have to reduce the transaction fees or else sometimes the taxes would go beyond the value of products.
The anonymous nature must be removed or atleast made possible to track an account so that no one could use it for funding illegal activities.

unknown-user

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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.

I still don't know the importance of teaching Bitcoin at school since it is not related with academic subjects and also, it can be learned only by reading articles. If Bitcoin will be used in the daily transactions, especially if it is legal to a certain country, the market demand of Bitcoin will surely increase as well as its market price. Surely, if it is legal to the country where you at, and if it will be used in daily transaction, it will ofcourse include payments in tuitions especially if it is supported by the government in that country.

FaithETH

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I'm not sure if Bitcoin is going to be used for daily transactions. It is a great technology but it's still too early. Transactions are cheap but they are not fast enough for daily shopping. If one country would switch to Bitcoin completely, then the whole network would be crowded! Segwit helped us a little but we still have to upgrade Bitcoin to make it even faster.

daserpent

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Schools already are accepting bitcoins for tuition fee - https://futurism.com/schools-accepting-bitcoin-tuition/

hitrawal91

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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 bitcoin can be likely used as daily payment and also as tuition fees in schools, once it is made centralized by the Major countries of the world. Yes it is really a good idea to teach the students about bitcoin, what are the uses of bitcoin, how can we use it and how it works ,what are the advantages and disadvantages of it. There should be a separate class hours for bitcoin alone. And this teaching and learning process should not be applied only to schools but also it should be spread to the colleges, offices, and public educational camps too etc.

BitcoinMuscle

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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.

We are far in time to this scenario. Right now bitcoin doesnt have more advantages than credit cards. You can use credit cards in the whole world,anytime you want and with very low to inexisting fees. Why would people choose bitcoin instead of credit cards or real cash?Of course bitcoin has its own advantages but right now it is not ready to be used for daily transactions

Bionicgalaxy

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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 my own opinion, if bitcoin will be used as our daily payment maybe it is possible that school will be accepting bitcoin as payment for tuition fee because maybe bitcoin has already legalized bitcoin by the government. So not only schools could accept bitcoin as payment but every stores.

cyberChevan

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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.

Daily payment use of bitcoin is quite not possible right now. Maybe it can be used for tuition fees but I'm honestly not sure about it because of the volatility of btc price. And we know that some tuition fees that were collected are used for facilities, supplies and payrolls of university's employees. That being said, I think they will not yet accept btc as tuition fees although I must admit that I'm not up-to-date whether some institutions are now accepting btc. On the bright side, there are universities now who offers cryptocurrency subject and that I am sure of based on what I've read somewhere I just forgot the site.

lazaruseffect11

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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.

Good point. If bitcoin will be use to pay tuition fees of the students, the students should also have the idea of what bitcoin is. So that if they turn to highschool and college, they will be the one who will pay their tuition fees. It wil be better if we can use bitcoin in our daily payment in any transactions.

malikusama

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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.

As far i know some universities are already accepting bitcoins as payment method, you can search it on the web about those universities and other educational institutes who are accepting bitcoin.
Bitcoin is the future money so i think there is a need to educate students and young ones about it so that they can better understand it and use it in future, educational institute can a play a key role in this regard by educating their students.

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