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Topic: If bitcoin will be used in our daily transactions. - page 8. (Read 5011 times)

member
Activity: 252
Merit: 15
In the event that BTC will be utilized as a part of our day by day exchange for the time being I trusted that a few organizations new how to utilize and acknowledge BTC exchanges. In any case at that point lets not overlook the way that BTC isn't known to some particularly the individuals who are considered in the lower class. In any case lets not close it isn't conceivable. Actually exchange charge are less expensive and some foundation are tolerating BTC.
full member
Activity: 352
Merit: 100
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.
member
Activity: 95
Merit: 10
Bitcoin will be used as a credit card in daily transactions in the future. And maybe It will be very helpful if this really happened. Maybe in the coming years will happen without a doubt.

Hope this happens to help many users and Bitcoin Investors.

And we need to encourage people in our government to learn it to make it happen. It really helps everyone.
hero member
Activity: 1274
Merit: 519
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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.

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.

It's very much possible, if not, already in the works. Bitcoin has been becoming a big player in the market through its high price point and marketability. It is not surprising that one day, in the near future, that it would interplay with cash money or other online transactions on being used as a prime option to transact and do business.
sr. member
Activity: 868
Merit: 256
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 that happens then it was a good thing you doesn't need to bring actual money for your transactions. It will help many if this actually happens. Maybe in the upcoming years this will happen without a doubt. Some stores already accepting Bitcoin in transactions also they much accept it as payment than a gold. Lets hope this thing happen so that it will help many Bitcoin users and investors.
full member
Activity: 350
Merit: 100
Yes it is possible to use the bitcoin for daily transaction in our daily lives. Like if all the transaction could takes place here in our country then it will be good because the use of paper money will be less. The users of bitcoin become increases day by day and the payment will be easy for us to pay from home in their respected purposes.
member
Activity: 79
Merit: 12
I think is possible to happen in the future, but we need our government a proper knowledge on how to use it in daily transactions especially in school, it a great opportunity for us. And we need to encourage people in our government to do some study about it to make it happen. it is a great help to everyone.
member
Activity: 434
Merit: 10
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I think it may happened if the government make it legal, it means the amount the current price of bitcoin can be stable in that case we can use it in our  daily transaction and bitcoin price will not increase.
sr. member
Activity: 742
Merit: 329
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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.

I think if bitcoin was to be used in our daily transactions then it would probably bring ease, since the transaction would be done online. There's no need for failure to compute the right amount and change. I also feel that it is a good idea because the world badly needs innovation when it comes to it's payment system.
member
Activity: 112
Merit: 10
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
member
Activity: 171
Merit: 10
There are lots of positive things if ever bitcoin will be used in our daily transactions.
 It will be easy and fast payment, and convenient in such a way that you don't have to go to banks for any transactions. Plus all our transactions are secured. Just have an internet access and you can relax inside your house doing your business. But i hope if ever this thing will happen, the crime rate will not increase.
member
Activity: 134
Merit: 10
If it can be used as a daily currency such as the U.S. dollar, Bitcoin will become more and more widely known to everyone. But there is also a problem that the current price of Bitcoin is not stable unless the price stabilizes Become a currency of everyday use.
full member
Activity: 392
Merit: 100
Bitcoin will be used in our daily payment is it possible that online market like as amazon and school will be accepting it as payment for tuition fees when government has accepted bitcoin into their system as a legal currency. it will have take a very long time to happen.
member
Activity: 72
Merit: 10
Maybe in the  future, bitcoin will indeed be used as payment in many establishments and also for a big transactions.
full member
Activity: 182
Merit: 147
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 opinion, if educational institutions accepts Bitcoin as a mode of payment, it will only be beneficial to their part. Here in the Philippines, schools are exempted from paying tax. With that being said, the government would not have any control on Bitcoin since they don't benefit from what the school earns. I don't think that even though the government does not have a hold of the school's income, they would allow them to receive another form of payment. There will always be a way for the government to control things somehow.  There will also be a conflict since Bitcoin prices tend to be volatile. With the government not collecting tax from academic institutions, I think that having Bitcoin as a mode of payment will still result to converting the collected Bitcoin to fiat which will then defeat the purpose of this currency.
full member
Activity: 322
Merit: 103
the problem here is the fluctuation of its price so in business to secure their profits they need to convert bitcoin fast in fiat or it depends to them if they want to endure the fluctuation and sell bitcoin at a larger or higher price its much better they must be cautious in this matter as of now but when bitcoin settles and fees are low this is ok for me.
full member
Activity: 364
Merit: 100
Nope, because BTC has a very low speed and high fees but another crypto - maybe. For example - BitShares blockchain can provide up to 100 000 transactions per sec.
sr. member
Activity: 434
Merit: 250
I guess it can't be used in daily transactions unless it's regulated by a government which would transform it to fiat which would lead to the deviation from the original concept.
legendary
Activity: 2702
Merit: 3037
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Bitcoin will be used as a credit card in the future. I think it will be used mostly to pay bills and buy goods online.
There will be a problem when paying for a coffee for instance, since you should have a device (smart phone) which enables you to open your wallet and send money. Maybe, there will be credit cards interacting with bitcoin wallets.
member
Activity: 112
Merit: 10
I think it will never happens....bitcoin is legend, but for daily daily transaction we will use something like Byteball or IOTA or something like that...
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