Topic: Imagine a world where Bitcoin will be used as a primary payment option - page 3. (Read 550 times)
September 30, 2018, 09:42:35 AM
yes, that world is very much possible if we adopt Bitcoin as out primary method of transaction and we need reputed big businesses to start accepting Bitcoin.
September 30, 2018, 09:17:01 AM
That will truly be a digital money world. It will make lives of people who use Bitcoin really convenient and lead to bitcoin development as well. But unfortunately not every country is developed enough to use bitcoin as a payment method though with its awareness a lot of people will switch to start using internet but that is a dream world.
September 30, 2018, 09:14:09 AM
Do you imagine this thing to happen? Everytime i think about this, I can say that being an early adopter of bitcoin is something to be proud of and something that will make you famous in the eyes of many.
If this will happen, it is not impossible for bitcoin to reach above $100,000 and an adoption from the bank might also happen. Credit cards will be offered where bitcoin or cryptocurrency were stored and be used as a payment through online shopping sounds also cool right?
Year of 2022 looks very exciting.
Yeah, that would be amazing. The only thing that prevents us from getting there is legal matter. A lot of country don't allow cryptocurrency to be used as payment option. This happen, at least, in my country. I can't fully blame the govt though, I understand their concern about money laundering and traceability.If this will happen, it is not impossible for bitcoin to reach above $100,000 and an adoption from the bank might also happen. Credit cards will be offered where bitcoin or cryptocurrency were stored and be used as a payment through online shopping sounds also cool right?
Year of 2022 looks very exciting.This is quite unfortunate because Indonesia's usage rate of digital payment, including credit card and alike, is still relatively low. A lot of digital payment provider are fighting for their market share by throwing millions of USD for marketing and promotion. I would not complain for this as customer, including me, is gaining huge benefit from their marketing. This benefits include crazy discount on big merchant like 50% off in McDonalds. I've saved a lot of daily budget because of these promos.
Had Bitcoin was allowed here and all around the world, I would voluntarily promote it here. It would be very hard to go against those unicorn company promos, but I can just focus highlighting another feature that local digital payments don't have.
By the way, 2022 is the estimated year of the next halving. Another reason why 2022 would be exciting.
September 30, 2018, 08:55:32 AM
If we are supposed to imagine the crypto currency world everywhere then I dont think it would anything different than the current one except the thing that you will be using the crypto currency instead of the fiat currency if it is not available at that time. But lets say both type of currency does exists by that time which will surely be present then it may happen that we will see more use of fiat only because most of the population on the earth will take lot of time to adopt the bitcoin and understand how it works. Believe me mate, thats the kind of world we will see in the future if crypto ever got accepted. The only that will be happy would be the one who is holding the bitcoin today and having huge pile of it spend over the next future life.
September 30, 2018, 08:38:03 AM
Global mass adoption is the goal of bitcoin. It can serve as an efficient alternative for transaction and payments.
It is very possible that with increased circulation and adoption bitcoin would be accepted more commonly.
It is very possible that with increased circulation and adoption bitcoin would be accepted more commonly.
September 30, 2018, 07:40:26 AM
Do you imagine this thing to happen? Everytime i think about this, I can say that being an early adopter of bitcoin is something to be proud of and something that will make you famous in the eyes of many.
I don't know how are you going to be famous to the eyes of many since crypto is psuedo anonymous unless you tell someone your wallet address but its not a good idea.
If this will happen, it is not impossible for bitcoin to reach above $100,000 and an adoption from the bank might also happen. Credit cards will be offered where bitcoin or cryptocurrency were stored and be used as a payment through online shopping sounds also cool right? Year of 2022 looks very exciting.
Year of 2022 looks very exciting.If bitcoin reach $100K then I doubt that people will used it as a medium of currency. Well for me bitcoin is already a speculative asset and not a currency anymore.
September 30, 2018, 07:33:19 AM
If this will happen, it is not impossible for bitcoin to reach above $100,000 and an adoption from the bank might also happen.
The btc price could reach that mark without having to be the main payment option for goods and whatnot. Once the adoption phase is fully running the price could skyrocket to much higher levels than the last ATH, and that could happen without bitcoin being used as a payment option by merchants worldwide. I can say that being an early adopter of bitcoin is something to be proud of and something that will make you famous in the eyes of many.
Are you looking to be famous just because you were an early bitcoin adopter? Wake up, seriously, why would that make you "famous"? that sounds dumb. 
September 30, 2018, 07:31:01 AM
It is great if all countries accept it as payment method. It will definitely push the value of bitcoin up a lot. But I think bitcoin is not the primary payment method and it does not affect traditional payment methods. Because bitcoin can not meet all the payment needs in the world. There are still many places with no internet connection and bitcoin can not be used for payment.
September 30, 2018, 07:06:21 AM
In such world, probably every price will be measured in satoshis.The price of one satoshi will most likely be above one 1 cent,and it would be more convenient to measure prices in satoshi,rather than 0,0001btc.
Anyway,we are just too far away from such world.We can only continue daydreaming about it.
Anyway,we are just too far away from such world.We can only continue daydreaming about it.
September 30, 2018, 06:46:36 AM
Do you imagine this thing to happen? Everytime i think about this, I can say that being an early adopter of bitcoin is something to be proud of and something that will make you famous in the eyes of many.
If this will happen, it is not impossible for bitcoin to reach above $100,000 and an adoption from the bank might also happen. Credit cards will be offered where bitcoin or cryptocurrency were stored and be used as a payment through online shopping sounds also cool right? Year of 2022 looks very exciting.
If this will happen, it is not impossible for bitcoin to reach above $100,000 and an adoption from the bank might also happen. Credit cards will be offered where bitcoin or cryptocurrency were stored and be used as a payment through online shopping sounds also cool right?
Year of 2022 looks very exciting.In Singapore a company issued a bitcoin notes, it is similar to bank notes but it is backed up by bitcoins instead of paper money. If this can happen in singapore then it is also possible that it may evolve into debit cards later on. It is good to have bitcoins being used to pay in all your daily transactions but as long as bitcoins value is not stable and is falling down then I guess we should rethink if we are going to do that innovation.
September 30, 2018, 06:28:36 AM
its going to be convenient for us because all do have bitcoin and any altcoin but for those who knowns nothing about BTC not any coins, they'd be struggling even just how to use wallets. but yes prices may probably be a big deal for us. the ones you keep on exchanges that is just worth $1000 is going to be huge that you can buy a 2nd hand mustang.
September 30, 2018, 06:18:08 AM
If Bitcoin will be the primary option for payment Bitcoin will be hit Higher price and also I know some of countries are using bitcoin.
September 30, 2018, 06:14:30 AM
Credit cards will be offered where bitcoin or cryptocurrency were stored and be used as a payment through online shopping sounds also cool right?
?What's the point of storing bitcoin in credit cards. The point of bitcoin is to truly have control over your wealth. Storing bitcoin in credit cards? Then use credit cards! It completely defeats the purpose.
Also, bitcoin debit cards already existed for a few years.
September 30, 2018, 06:13:26 AM
Do you imagine this thing to happen? Everytime i think about this, I can say that being an early adopter of bitcoin is something to be proud of and something that will make you famous in the eyes of many.
If this will happen, it is not impossible for bitcoin to reach above $100,000 and an adoption from the bank might also happen. Credit cards will be offered where bitcoin or cryptocurrency were stored and be used as a payment through online shopping sounds also cool right? Year of 2022 looks very exciting.
If this will happen, it is not impossible for bitcoin to reach above $100,000 and an adoption from the bank might also happen. Credit cards will be offered where bitcoin or cryptocurrency were stored and be used as a payment through online shopping sounds also cool right?
Year of 2022 looks very exciting.That would be extremely awesome. But I doubt that there will be some other coin that will replace Bitcoin as a payment system that has a stabled price and no manipulation.
September 30, 2018, 05:54:55 AM
It is possible, there are already many people working on it. What happens is that right now there are hundreds and hundreds of ICO that start, they may fail or they may be scam, but I have seen many with really good ideas and projects, just lack money, enthusiasm and workers, programmers etc ...
What I mean by ICO is that there are so many that no one knows if any of them can succeed more than bitcoin and be used more often, but I do not think so.
What I mean by ICO is that there are so many that no one knows if any of them can succeed more than bitcoin and be used more often, but I do not think so.
September 30, 2018, 05:07:15 AM
Do you imagine this thing to happen? Everytime i think about this, I can say that being an early adopter of bitcoin is something to be proud of and something that will make you famous in the eyes of many.
If this will happen, it is not impossible for bitcoin to reach above $100,000 and an adoption from the bank might also happen. Credit cards will be offered where bitcoin or cryptocurrency were stored and be used as a payment through online shopping sounds also cool right? Year of 2022 looks very exciting.
If this will happen, it is not impossible for bitcoin to reach above $100,000 and an adoption from the bank might also happen. Credit cards will be offered where bitcoin or cryptocurrency were stored and be used as a payment through online shopping sounds also cool right?
Year of 2022 looks very exciting. Jump to: