in my country Philippines there are small stores that accept bitcoin currency such as street food stores, mini store and load outlets. I am impressed with the development of coins.ph wallet because it can be used in many transactions just like you can pay for electric bill, tuition fee, remittance, etc.
so that all i can say it would still depend on its own country if the stores or markets accept the bitcoin as a payment.
Topic: Is it possible to use bitcoin like offline currency? - page 16. (Read 7817 times)
At the moment this case is still impossible cause Bitcoin is not legalized all over the world yet so we can't find any offline place that accept Bitcoin for payment and the only way to use Bitcoin for payment in these places is exchanging Bitcoin into cash.
Few days ago a friend asked me this questions. But i cannot understanding that how to i give him answer. At last i said him that, bitcoin is an online currency. Only this currency used in online marketplaces. It is not possible to use it in offline marketplace like offline currency.
But what is your best answer of this question?
You can try but at the moment it is not practical, you could pay for a coffee but you will need to wait for the confirmation and it is very likely that if you want a fast transaction you are going to need to pay a bigger fee than what you paid for the coffee. But what is your best answer of this question?
I think using bitcoin as an offline currency will reduce its security in a way...
I don’t really think so that it will be possible for anyone of us to use bitcoin and that too as on offline currency. It is because of the reason that bitcoin is a digital currency and the most important thing which you need to have for dealing with all the crypto currencies is none other than that of an internet connection. There is no way that you can use them like that of other regular currencies. 
offline currency up until now can not be replaced, although bitcoin is currently being used, but it has not been able to replace offline currency. maybe the next 5 or 10 years if bitcoin still survives.
There is no way that bitcoin or even any other coin which is there in the world of crypto currency might be able to replace any of the offline currency. It is because of the reason that offline currencies have their own importance. Bitcoin is a digital currency and we cannot actually use it as an offline currency. We really do need of an internet connection for dealing with bitcoin.
Bitcoin is for online only Thats I tink because we need internet to send and recieve the bitcoin. What if it's offline you cannot buy orders and you cannot sell your bitcoin. Bitcoin needs interent you cannot make transaction if the bitcoin is offline .
Few days ago a friend asked me this questions. But i cannot understanding that how to i give him answer. At last i said him that, bitcoin is an online currency. Only this currency used in online marketplaces. It is not possible to use it in offline marketplace like offline currency.
But what is your best answer of this question?
But what is your best answer of this question?
That is not possible anyway mate, bitcoin now obviously was being used for online only not for offline. Therefore if you have no internet or data connection in your area, you cannot access or use bitcoin as your profit.
For now I think we still can't use Bitcoin like offline currency cause at first Bitcoin is not legalized worldwide because some disadvantages of Bitcoin still need more time to be able to control. Beside Bitcoin is an cryptocurrency so we only can use Bitcoin when our smart phone or laptop connected to the internet. For these reason I think we still need a litte bit longer to be able to use Bitcoin normally as offline currency
Few days ago a friend asked me this questions. But i cannot understanding that how to i give him answer. At last i said him that, bitcoin is an online currency. Only this currency used in online marketplaces. It is not possible to use it in offline marketplace like offline currency.
But what is your best answer of this question?
You have answered your friend absolutely exact. Bitcoin is a digital currency, it can't have any shape.But what is your best answer of this question?
Developers have made bitcoin intentionally for online purpose, it would have been banned by governments at its initial stage if it had a physical shape.
Bitcoin's digitalizing form is its property.
I think it wont happen and will remain the same forever. It is the most secure currency and they cant easily steal it from you unlike a tangible currency.
Agreed! The basic thing which you need to have in order to deal with bitcoin is none other than that of internet. The main idea behind this concept of digital currency was that you actually need to have a good internet connection in order to perform different kind of tasks. There is no way that you can manage to use bitcoin and that too as offline currency. Bitcoin is an online currency and you have to treat it like that.
No internet, no bitcoin so its impossible to use bitcoin like an offline currency. If you want to use bitcoin or earn bitcoin, then you must go to a place with internet connection to have access with it.
Let’s say if Bitcoin will like work together with gold (which will never happen), then we will be able to make use of gold as an offline currency for Bitcoin. So if we actually need offline currency for Bitcoin, we will have to create the physical ones, but this won’t be possible due to Bitcoin is part of crytptocurrencies, and cryptocurrencies do not have physical, they are only made to stay digitally, and that means they would be useless without internet.
The answer is it cannot be. Because there would be no one who will verify the transactions. The block chain technology is only possible through the internet.
i have same idea to make bitcoin offine (device have paper wallet which have 0.005$ bitcoin and user can pay using it ) but problem is bitcoin price changes fast which make this coin only waste of time
We all know this thing that bitcoin is a digital currency and we really need to have an internet connection for using it in our lives. There is no way that we can use bitcoin and that too as an offline currency. In fact, it is not only bitcoin when we cannot use as offline currency, but all the coins which are there in the world of crypto currencies do need an internet connection for their functioning.
Few days ago a friend asked me this questions. But i cannot understanding that how to i give him answer. At last i said him that, bitcoin is an online currency. Only this currency used in online marketplaces. It is not possible to use it in offline marketplace like offline currency.
But what is your best answer of this question?
But what is your best answer of this question?
I think this is difficult to do because mostly or all of bitcoin transactions were using the internet to accept, pays, sells, or buy something using the said currency. If there's a system(I don't know if there are yet or I'm just not familiar) that will make your bitcoin accessible offline like those papers then this would be possible to happen.
I believe a paper wallet could be used for this. Usually on paper wallets you have printed address, amount of btc on it and private key which is hidden. However in order to be sure, you would need to check the address and for this you would need internet.
Being used as an offline currency is more like being able to use it to pay for goods or you doing withdrawals without having to go online. There is no way on earth that paper wallet can help you to achieve this. Paper wallet is just a cold storage where you can receive your funds by just giving out the public address.You will still need to go online to be able to access your funds with your private key which does not play out as offline since you can still collect your funds even on online wallets without having to visit your wallet until you spend it anyway.
I thing it not possibly to use the bitcoin witch out internet. No internet not use for the bitcoin process. Bitcoin is online process. So it need to network process. If need to use the bitcoin for the networking process. SO country it will can't communicate other currency. Bitcoin is future currency. So it will use only for the network process. Offline currency not good to use for the future transaction. Bitcoin easy way to transaction.
Bitcoin can only be use in offline shop if the person has bitcoin Master Card, which you can now use it at POS, but to use bitcoin as Fiat, i don't think it will be possible.
Bitcoin is a online currency that we use in online transaction or online market and we don't really need a offline bitcoin cause we got money in our pocket.
It is not only bitcoin but all other coins which are there in the world of crypto currency whom we cannot use as offline currency. It is because of the reason that the main concept behind digital currencies is that we need to have an internet connection if we really want to deal with any kind of crypto currency. There is no way using which you can use bitcoin as offline currency. There will be a need of internet. Its not just about bitcoin only,any digital currency will not work without internet.but in future exchanges will start issuing voucher type of code which can be traded offline ,if you paying or giving it someone else.but in that case also you need internet connection to apply it.so digital currency or virtual currency is different from fiat thats why it is called digital currency.
Really and except something like a magic happens, bitcoin might not be accessible without the internet and especially because blockchain technology is internet based. This is one thing that differentiates bitcoin from paper money.
As of this moment, bitcoin is impossible to use on offline currency because some countries didn't implemented bitcoin, though they knew about it but most people were lack of knowledge about bitcoin.Bitcoin is a crypto currency or a digital currency that only lives in the cyberworld which means we can only use bitcoin during online. I would say that it might be happened soon if it is already recognized and legalized throughout the countries soon ,since its popularity and demand are getting high, as value as well to have a good profit and better future for each and everyone of us.
Few days ago a friend asked me this questions. But i cannot understanding that how to i give him answer. At last i said him that, bitcoin is an online currency. Only this currency used in online marketplaces. It is not possible to use it in offline marketplace like offline currency.
But what is your best answer of this question?
But what is your best answer of this question?
Bitcoin is a digital currency, an internet money and has no physical form, every transaction made with Bitcoins requires internet connection. Your friend can somehow exchange his Btc to your currency so he could use it offline. The only thing that you can do offline with Bitcoin is storing it in an offline wallet, for security purposes, but using it on a certain transaction is impossible offline. This is one of the disadvantages Bitcoin posses. Bitcoin rely on internet.
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