Topic: Is it possible to use bitcoin like offline currency? - page 3. (Read 7825 times)
I think its Possible,may be if our government accepted currency like bitcoin if that make it we use bitcoin like offline currency,but i can't expected that in my country,may be other country accept bitcoin us a payments like food Court and other online shopping.
For now, its very impossible to have transaction in Offline mode. Bitcoin prices is real time and always movement every second. But we are not close the possibility that someday bitcoin can transact through offline.
This is more than impossible sort of thing to do not at this very moment but in the days to come as well as all the crypto coins will surely be needing an internet connectivity along with some laptop or computer to perform any of the transaction and this is the must thing we will be needing all the time no matter what. However, you can’t take any of the online currency as offline currency in any way.
I think there is so much room for the possibility that it can be adopted and utilized with offline transactions,
eventually when the online scene is flooded and overwhelmed with bitcoin's reach, affluence and system the
next obvious obstacle is the offline market. It may work similarly with fiat currencies when you visit another
country and you go to some money exchange to buy local currencies. That might be the same for bitcoins in
the near future. Fiats and crypto have fluctuations, prices differ over market and economic conditions. I think
that might be a good reference to bitcoins and other altcoins in the offline payment scene. From there they
could establish something like a universal good and standard offline cryptocurrency exchange protocol.
eventually when the online scene is flooded and overwhelmed with bitcoin's reach, affluence and system the
next obvious obstacle is the offline market. It may work similarly with fiat currencies when you visit another
country and you go to some money exchange to buy local currencies. That might be the same for bitcoins in
the near future. Fiats and crypto have fluctuations, prices differ over market and economic conditions. I think
that might be a good reference to bitcoins and other altcoins in the offline payment scene. From there they
could establish something like a universal good and standard offline cryptocurrency exchange protocol.
As of now bitcoin together with the other crypto currencies were not used like a money in my country, but in the other country since this coin is used in the whole world they allowed them to used as exchange of stuffs. I wish that it was happen also in our country, because definitely more people will become happy if it is happen. For now we still using paper money it's because government in our country were not yet permissible bitcoin to used like real money.
I think it cant still developers need to develop bitcoin to be able to use in offline transaction which seems impossible because we all know we need internet access in order to access bitcoin wallets.So it seems like using as offline currency yes you can but you cant dispose and transact offline
The fact is that many tokens will be used as a means of payment in different online stores, they will practically have real and stable value. Perhaps with small fluctuations. But as for Bitcoin, I very much doubt that this coin will be used as a means of payment very broad.I think it cant still developers need to develop bitcoin to be able to use in offline transaction which seems impossible because we all know we need internet access in order to access bitcoin wallets.So it seems like using as offline currency yes you can but you cant dispose and transact offline
The fact is that many tokens will be used as a means of payment in different online stores, they will practically have real and stable value. Perhaps with small fluctuations. But as for Bitcoin, I very much doubt that this coin will be used as a means of payment very broad.
For now, its very impossible to have transaction in Offline mode. Bitcoin prices is real time and always movement every second. But we are not close the possibility that someday bitcoin can transact through offline.
I think it cant still developers need to develop bitcoin to be able to use in offline transaction which seems impossible because we all know we need internet access in order to access bitcoin wallets.So it seems like using as offline currency yes you can but you cant dispose and transact offline
There is a big difference. Offline currencies we can hold them in our hands physically, we can give it to people without having to make use of electronics or devices and electricity and the rest of them. They are also accepted in every business and in stores. But the way Bitcoin is, you can’t be able to use it as an offline currency, cause it’s totally different.
Its really totally different since its a digital currency and it does work as it should be and cant really be considered to be used on offline. How would you create such thing supplying out 21 Million physical bitcoin into almost 10B entire population of the world?Its really an impossible thing and beyond all adoption isnt still there and it wont really come to a point that no government would really oppose to this idea. 
Bitcoin and other cryptos can only be used with an internet connection, thats why it ia sometimes called as "internet money". Without this, transactions cannot be processed. But im hoping that one day, all cryptos can be used even without internet. Like here in our country, internet connection is very slow. Due to this, converting btc into fiat and the process of cashing it out takes time.
Yes , bitcoin will not used as offline currency it is an online currency if you want to buy , sell and exchange you will definitely need an internet without internet it is not possible but in future bitcoin linked with banks it will possible to invest using banks and withdraw using bitcoin ATM centers it is the only way available in my mind .
I received some news before that KFC is already accepting Bitcoin as mode of payment. There are also other small businesses adopting Bitcoin to their systems since Bitcoin is popular nowadays and they believe it will help the growthnof their businesses.
my opinion can not be used to spend bitcoin units in the offline market ,bitcoin has not been designed like gold that is easily redeemed in the offline market ,tell your friends bitcoin can not to spend on offline ,however can be used over to internet ,dont worry bitcoin growing rapidly in the future may be possible to shop in the offline market
I like what doell mention, it may be possible to spend bitcoin offline. Why do some people think that it's not possible yet? The answer is bitcoin is an online currency which means you need to accesss internet first before you can spend that is why we can't spend offline but as i said it may happen that you can spend bitcoin offline in the future but for now we can spend bitcoin online. 
In my opinion bitcoin cannot use as offline currency because no one had seen bitcoin that how it actually it looks and the another most important thing is bitcoin is a digital currency which means you have a access to internet for its use.
There is a big difference. Offline currencies we can hold them in our hands physically, we can give it to people without having to make use of electronics or devices and electricity and the rest of them. They are also accepted in every business and in stores. But the way Bitcoin is, you can’t be able to use it as an offline currency, cause it’s totally different.
If my opinion bitcoin we can not use for shopping offline because bitcoin just a virtual that we can use in the transaction in the form of online only Especially in our country is not allowed transactions using bitcoin be it online or offline
Bitcoin and other cryptos can only be used with an internet connection, thats why it ia sometimes called as "internet money". Without this, transactions cannot be processed. But im hoping that one day, all cryptos can be used even without internet. Like here in our country, internet connection is very slow. Due to this, converting btc into fiat and the process of cashing it out takes time.
For me,a big NO!. Cause you need to connect it to internet every time to update its value. Too much unstable value currency is the main problem. Like the early bitcoiner user said before, the main reason of bitcoin is take off the barrier of all currency around the world using internet (online connection). Offline is not allowed.
bitcoin surely needs an internet conection in order to send payments online but i think it is still posible to use it offline , like for example if there is a bitcoin atm. bitcoin atm's are already pre loaded with money and all you need to do is to input or scan your qr code in your bitcoin wallet in order to process those transactions, the money will automatically dipense after that. Same as in grocery stores because on the grocery the cashier only use barcodes in order to scan the code of the product and i think it will be also possible to the qr codes of our bitcoin wallet.
I think internet connections need to be made to complete and confirm a transaction so I don't know how it would be possible to get confirmations of a transaction whilst offline, this will obviously pull up security concerns when trying to transact
For me,a big NO!. Cause you need to connect it to internet every time to update its value. Too much unstable value currency is the main problem. Like the early bitcoiner user said before, the main reason of bitcoin is take off the barrier of all currency around the world using internet (online connection). Offline is not allowed.
definitely yes, because if there is no internet we can not open websites, we can not use all the sites without internet, we can not use bitcoin, I know the internet only to make use of bitcoin.
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