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Topic: If bitcoin will be used in our daily transactions. - page 16. (Read 5011 times)

sr. member
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It all depends on the government's decision in each region or country, if the presence of bitcoin is considered valid or official its use, it is certain the school received bitcoin as its payment tool.

I don`t think there is any special instruction about the use of bitcoin, because the use of bitcoin in school is almost the same with paper money (real money).
full member
Activity: 266
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The Experience Layer of the Decentralized Internet
I dont think so
BTC prices fluctuate so much, I dont think real world business will embrace it. Especially when its prices went down hard, because real business needs constant capital to keep 'em running.
member
Activity: 112
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We have to teach people basic stuff such as how to create wallet, how to send transactions and how to protect yourself from various attacks. It will take some time so we will have to do it step by step. I think not everyone will study how does mining work, how transactions are being confirmed etc. Some people just want something that works, without studying the technical aspects.
sr. member
Activity: 1358
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PredX - AI-Powered Prediction Market
it is very difficult for bitcoin to be in a place of education. if to become a daily payment tool now we have started to see the example as ebay has received payment with bitcoin but if asked if maybe bitcoin can pay for school requirement I guess that bitcoin is not more accurately referred to as an investment not a school payment instrument
full member
Activity: 644
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One day I believe that bitcoin can be a second transaction tool after fiat, it will be very easy especially for myself. Because I always do not have enough money to pay for something I want.
Teaching students in school about crypto is so important that all students knowing the current crypto world. It will give them more knowledge.
sr. member
Activity: 646
Merit: 252
the first thing to be considered is confirmation, we expect the speed of bitcoin transactions can be like cash, when the money is given directly calculated so that the transaction is 100% complete, while bitcoin takes at least 15 minutes and this certainly makes us doubt for using daily transactions.
sr. member
Activity: 308
Merit: 267
If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees?

It is possible that bitcoin will be accepted as a mode of payment for tuition fees since right now bitcoin is starting to get recognize by some of the local stores and restaurants, We all know that there are many features about bitcoin that would really benefit us one of this is the fast transaction whenever you are.

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.

About this i think it's going to be hard for the teachers to teach this to students. Why? Because we all know that cryptocurrency is a complicated one and not all the students are willing to learn about it maybe if they just make a seminar about it or what but not teaching them. There are people who's not interested to technologies and internet that's why they should be the one to decide whether they want to learn or not.
rfj
full member
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It is possible but the only way to see bitcoin accepted in institutions like schools, hospitals, banks etc. is if the government decided to endorse bitcoin (crypotcurrency) as legal currency that can be used in nationwide transaction. As you know, bitcoin is not related with any third party right now, in which, it gives an advantage because third party like government don't have the right to control and put taxes in our purchase sales.
sr. member
Activity: 686
Merit: 277
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 do not agree if the school students should start learning bitcoin, because bitcoin is different from cash. bitcoin is a tool for trading like stocks and requires an exchange to use, so it would be difficult for school students when using bitcoin

it will be hard if done when the school child doesn't know about the internet  Smiley
Big stores are accepting bitcoin as payment and this will enhance their profit a lot and if all the transactions could be possible through bitcoin then there will be no issue of taxes and any other thing just pay on click and as this will give benefits to receiver as well as sender so I wish this will implement soon so that I can enjoy the bitcoin era.
hero member
Activity: 980
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I think it can be in the future. For me, I'm still using Bitcoin to pay for everything such as my son tuition, my living,....but not directly, I still have to exchange Bitcoin into cash to pay or purchase everything because Bitcoin is not legalized in my country but luckily that it's not banned so I still can use it. But as I know there is a school that accept Bitcoin for tuition but I can't remember its name. IMO in the near future Bitcoin will be accepted all around the world so we can use Bitcoin to pay for everything directly.
Bitcoin will get mainstream in future, no doubt but no one can tell the exact time of course. Bitcoin is the only income source for some families and it gives a great economical support to them. Bitcoiners enjoy the life without any financial difficulty.

Not just this, some are able to save it for future purpose also. Above all, it is easy to earn bitcoin as compare to many jobs.
sr. member
Activity: 266
Merit: 250
maybe ,it would happen in coming years, schools are only going to accept any kind of money when it's been legal,as bitcoin is not  legal or status about legality is still hanging in between in some countries it won't be given much importance there.but once it has been accepted legally or as currency in any country then it will act in same way as your paper money works but digitally,and then definitely will get to learn about same.
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Bounty Hunter Indonesia
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 it is impossible. Because to be able to participate in education, the government certainly interferes in it. And if bitcoin in a country will be made in transactions and learning within the school, it is certain and mandatory bitcoin must be legal in that country.
full member
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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.


maybe in time later it can apply. on for now, I have never heard of and yet.
the development of bitcoin or crypto is always following the era and the times are growing, I'm sure will gradually many new innovations that can make us more flexible

It will be really nice if they will implement bitcoins to use in our daily transactions and we can use it aside from credit cards that came from the bank, Crypto has higher currency so the goods will be cheaper in that way and every person that earns bitcoins can buy easily online or in the malls.
sr. member
Activity: 546
Merit: 250
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.


maybe in time later it can apply. on for now, I have never heard of and yet.
the development of bitcoin or crypto is always following the era and the times are growing, I'm sure will gradually many new innovations that can make us more flexible
sr. member
Activity: 504
Merit: 250
amazing, interesting idea. but for me it is impossible. bitcoin is very good for investment not for payment. if for school payment, how much transaction costs incurred. then the bitcoin price is unstable so it can not be used as a benchmark for fixed payments.
full member
Activity: 392
Merit: 101
I would be happy if we use bitcoin for daily transactions. no.1 less hassle. because your not going anywhere else just to pay bills or send money to banks. We can send money to our families and love ones all over the world. Bitcoin is a peer to peer transactions, no third party involve.
full member
Activity: 182
Merit: 100
it would be quite interesting if bitcoins will be used in our daily transactions. but for this to happen every country and its people have to accept the cryptocurrency. also if that happens the trading and conversion of bitcoins will not be needed and it will be easy to understand for every child in schools as there will be no need to teach much about bitcoins to the children. but standard and necessary info about the bitcoins will be provided by the teachers. this may lead to stability in the market of bitcoins which could be beneficial for all
full member
Activity: 196
Merit: 100
I think it can be in the future. For me, I'm still using Bitcoin to pay for everything such as my son tuition, my living,....but not directly, I still have to exchange Bitcoin into cash to pay or purchase everything because Bitcoin is not legalized in my country but luckily that it's not banned so I still can use it. But as I know there is a school that accept Bitcoin for tuition but I can't remember its name. IMO in the near future Bitcoin will be accepted all around the world so we can use Bitcoin to pay for everything directly.
sr. member
Activity: 364
Merit: 250
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.

Actually, there are universities that includes bitcoin in their curriculum already. I think you should do some research before asking this. And as for using btc as daily payment you mean on a regular daily transaction I'm afraid that's not ideal. Btc should be used not on a typical transaction like for example buying your lunch or riding public transport. Imagin how much it will cost you for the transaction fees. I remember reading a thread about how a taxi driver put up a sign that he's accepting btc for payment but ended up receiving cash instead of btc. That is because when the passenger agreed on how much btc he should pay he realized that it will cost him almost twice the actual fare because of the tx fee.
sr. member
Activity: 658
Merit: 256
Freshdice.com
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 this thing will happen, there's a huge possibility that the market demand of Bitcoin will be highly stable as well as its value which also means, bigger profit to earn. If it will be legal to most countries, transactions such as what you've mentioned will be normal. It's a bit weird if Bitcoin will be taught to students because at the first place it doesn't have connection with education if I'm not mistaken.
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