adoption. People do not invest in something they do not understand. If Warren Buffett understood what Bitcoin was, he
would have doubled his wealth every year and the world would not have been in debt, like it is now.
Topic: If bitcoin will be used in our daily transactions. - page 20. (Read 5034 times)
If Crypto currencies was included into the education system, we might not have had such a uphill battle to get Bitcoin
adoption. People do not invest in something they do not understand. If Warren Buffett understood what Bitcoin was, he
would have doubled his wealth every year and the world would not have been in debt, like it is now.
adoption. People do not invest in something they do not understand. If Warren Buffett understood what Bitcoin was, he
would have doubled his wealth every year and the world would not have been in debt, like it is now.
are you talking about a place accepting btc as payment or having their price listed in btc ?
If by 'used in daily transactions' you mean its value has already stabilized, and is already used by the general populace, then I don't see why it won't be accepted as tuition and it will most definitely be taught, to some degree, in schools.
We're still quite far from that point though. Imagine how convenient that would be.
We're still quite far from that point though. Imagine how convenient that would be.
If bitcoin will be used in daily transaction it is a very big effect and help to many people and it can also decrease the number of people outside the community and to prevent incidents involving cash or money stealing or human trafficing. And many people will be happy they pass and transfer money person to person, thats why it is a very big help to us.
Bitcoin was not designed for daily small transactions, but to mimic gold and to be used for remittances and larger payments. If bitcoin can be used for smaller payments it is by accident and should not be guaranteed in the future.
But tuition fees are not daily transactions and already is accepted in some universities, as a quick search shows:
http://bitcoinist.com/crypto-education-university-bitcoin/
But tuition fees are not daily transactions and already is accepted in some universities, as a quick search shows:
http://bitcoinist.com/crypto-education-university-bitcoin/
It is possible only in countries where many people already know about bitcoins.
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.
Its actually possible to make bitcoin as a payment on schools maybe it is already available on japan knowing that they are already adopting bitcoin on their place which we can assume they are already adding it up on their payment system on the usual things like paying tuition fees by the use of it which is really great but knowing that adoption is still not too much in bitcoin. 
It may be possible in the near future but paying it with fiat seems more convenient than most families since not all of them know the existence of bitcoins.
It is already possible, get out of your cave:
http://www.bbc.com/news/business-40447963
http://bitcoinist.com/crypto-education-university-bitcoin/
This might not happen in some countries, but if it will, it will have to take a very long time to happen.
Again, it has already happened.I think it will never be possible. People would never adopt such an unstable currency as medium of daily transactions. Moreover as of now its too slow and costly to transact.
OMG, where do you people come from?
Is shitposting without a clue of what is happening in the real world your only purpose in life?
Bitcoin fees now are very high for small transactions.
Bitcoin fees are at the lowest point in months right now.
A 30 satoshi per byte fee will get you confirmed in the next block.
I don't think that it is a necessary lesson to be taught in schools. Let us give a real example in your situation, right now schools are accepting credit card payments for the tuition fee but do you see them being taught to the students as one of the lessons in their curriculum? I guess not because even though it is a widely use payment system it does not mean that it is a good subject for them to be taught in school, right now I think the most reasonable subject is about investing in general which will prepare the students in life after school.
It could possibly happen in the future, I mean bitcoin is a digital currency and the technologies now are dominating worldwide so maybe in the future they would accept bitcoins to pay for the tuition fees and in time teach them in schools too. But for daily transactions, I think there are some who are using bitcoins almost daily in their transactions but it's not bitcoin to bitcoin though, some would have to convert it first from bitcoin to the country's currency.
Perhaps in the future, bitcoin will indeed be used as payment in many establishments, but for small purchases it will be too unprofitable. It takes a long time to realize this venture.
Bitcoin fees now are very high for small transactions.
This is not 100% true, because if there's no ongoing spam attack against the network, the mempool is not full and the transaction is simple enough (one input, one output) the fee can be really low and the transaction still gets verification in some hours, and not days like summer this year.Moreover, if LN gets activated on bitcoin, it will boost small transactions too.
Bitcoin fees now are very high for small transactions.
In my opinion, it is too early for the currency to develop so much. On the other hand it will be a great opportunity for many bussy pleople who can do their daily transaction at any time.
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 may be possible in the near future but paying it with fiat seems more convenient than most families since not all of them know the existence of bitcoins. Another thing, bitcoin's nature being digital, this limits the number of families who will pay using bitcoins since again, not all families are connected into the internet especially the marginalized ones. Teaching bitcoin to universities or schools is certainly a great idea to educate the youth about the value of money, investments, and knowledge to be able to produce revolutionary technologies that may contribute to bitcoins in the future.
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.
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.
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 may be possible in the near future but paying it with fiat seems more convenient than most families since not all of them know the existence of bitcoins. Another thing, bitcoin's nature being digital, this limits the number of families who will pay using bitcoins since again, not all families are connected into the internet especially the marginalized ones. Teaching bitcoin to universities or schools is certainly a great idea to educate the youth about the value of money, investments, and knowledge to be able to produce revolutionary technologies that may contribute to bitcoins in the future.
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.
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