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Topic: If bitcoin will be used in our daily transactions. - page 7. (Read 5020 times)

member
Activity: 112
Merit: 10
Yes it is possible that bitcoin will be used in daily transactions. Bitcoin can be consider as a means of exchange.
 It only depends if the governments and school would consider it.
I am a student and I really agree that bitcoin can used to pay our tuition fees. It would be easier and faster.
hero member
Activity: 1568
Merit: 502
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.

Bitcoin have this advantage that it can be split into 100000000 parts. But at the same time we must have to consider current price of Bitcoin. In coming future transaction fee for Bitcoins will be quite higher and cannot be affordable to normal person to send small amount of Bitcoin. This fees goes to miner for confirming transaction by solving block by contributing hash power.

Bitcoin will be a top class, precious commodity asset. So in future there will be more other altcoins used for such micro payments/transactions.
full member
Activity: 658
Merit: 100
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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.
This can happen in fact we can use bitcoin for transactions in daily life. But the value of bitcoin is not fixed so it hampers this as it is accepted as a payment model.
full member
Activity: 340
Merit: 100
if mememang there government policy allows bitcoin replace the money cash for payment of the school is likely to be used for it. definitely school will explain bitcoin and how to use it.
member
Activity: 73
Merit: 10
Yeah, it is better if we can use bitcoin on our daily payment, because our daily payment will be easier than ever, and we no longer have to convert bitcoin to money. And it's also good if we can use our bitcoin to pay our tuition. You're also right there, they need to teach to students what is the use of bitcoin.
member
Activity: 154
Merit: 10
maybe it could happen in the future. but it is still too early because of the many things that need to be improved and many countries are refusing to legalize bitcoin and bitcoin prices themselves should be more stable if they want to be used as a daily payment
member
Activity: 336
Merit: 10
Really good for people.because Bitcoin transaction very easy.and very big amount collect in your wallet..I think in  future   all people must be use the digital currency.and people use Bitcoin in daily life available.
hero member
Activity: 798
Merit: 500
It seems to me that at this transaction speed and a high commission, bitcoin will not enter our everyday life. If bitcoin will be improved, then this will be real
hero member
Activity: 994
Merit: 544
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.

Here in my country, our online wallet includes paying tuition fees through bitcoin.  But I never tried it considering that I do not have yet a child.  Also other payments that bitcoin can be used are utility bills, credit cards and services of our government.  Because of this, I am able to save time falling in line.
member
Activity: 139
Merit: 11
I think this would help the universities or schools and as well as the students. BTC will make the transaction more easier than the way that they do. But to implement this kind of rule, they must also teach about what BTC is and how it happen from the start as well as how to earn it in different ways. The only problem they can handle is there are so many students in a university and how will they check each of them for security purposes.
full member
Activity: 462
Merit: 102
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.

Then that would be great to be honest. Everything regarding payment would be easier now and we don't have to bring cash all the time. All we need to bring now is a card and then transact with terminals. No more tellers and slow transactions. I hope bitcoins would be integrated in our society as an innovation to monetary systems.
full member
Activity: 462
Merit: 100
Yes, it's nice if that things will goint to happen because there is no hassle or your money will not easily steal of a snatcher because it is a digital money. You can pay a product throught online, just swipe and it's done. And you will pay the teacher if they teach you about Bitcoin. I hope that will going to happen if there's any chance.
full member
Activity: 308
Merit: 100
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.
At this point I don't know any schools and tuition centre that accepts bitcoin as a payment of fees. I know that most of the stores and almost online shoppers are accepting Bitcoin as payment.
But I think it's good to teach students about crypto currencies and it's possibilities and availabilities for the future. Because I believe that these crypto currencies have power to change our financial condition and our economy in world of future .
member
Activity: 245
Merit: 10
I think bitcoin is used every day when it is legal worldwide. You can use it to pay your daily payments. Use bitcoin to pay for tuition. The school will provide guidance on how students can use Bitcoin to pay for tuition
full member
Activity: 168
Merit: 120
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 it may possible to happen.
Ofcourse if we are going to use BTC as our local exchange in our daily live.
We need to educated the youth in using it, just like a real money.
So that, they could avoid errors in doing some transactions.
And in addition it will become more convience.
sr. member
Activity: 672
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.

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.
Bitcoin implementation is a must if we want to have a curriculum that is based on the actual system of bitcoin in transactions, investments or even in trading. So it definitely need time for it to be possible in the future, but for me bitcoin has a more importance on just being a currency that could be used on daily transaction. For me and for almost the people that uses bitcoin, Bitcoin also serve as a way for them to earn and to have profit out of their money.
full member
Activity: 409
Merit: 100
Bitcoin in a future is possible to happen that it will be accepted in different transaction and even like what you said in the tuition in school, i think it is also a good idea that students may be able to know on how to earn bitcoin so that they help to support in their daily needs and all things need in school.
member
Activity: 235
Merit: 11
I don't think that would happen. Cause I never see a Bitcoin transactions happened in just a second, it takes time. Of course we might use bitcoin transaction on a daily basis but I don't think it would happen the way you think it would happen.
member
Activity: 322
Merit: 10
If bitcoin will be used in our daily transaction then it would be better specially in my country which is the philippines,we use coins.ph,A wallet that is proven and tested that is really safe that most bitcoiner have in my country,unlike credit and debit card as well as cash that is not secure and safe because you are prone to snatchers and hold up,but with bitcoin you can guarantee that all your transactions will be safe and secure,less effort,easy and hassle free.
full member
Activity: 364
Merit: 101
"One Token to Move Anything Anywhere"
If bitcoin is used for many daily transactions
then many bitcoin users to pay for, as well as pay tuition fees for
In schools they can also apply this form of payment to pay tuition
Yes, It would be very good and convenient for bitcoin users if they can start using bitcoin in daily routine. Though bitcoin transactions are done but they are just international ones. People are using bitcoin for big international money transfer because bitcoin transactions are very much faster than that of banks and safer as well. There is no doubt in this fact and this is the reason banks fear bitcoin a lot.
I also would like to use bitcoin on a daily basis, but even now BTC transaction are so slow that can take several days. In most cases it's not acceptable at all. And if BTC is used everywhere, than the number of transaction will grow and the speed will decrease. I hope, one of BTC forks will solve this issue.
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