For me would have to be a yes only if you would convert the same to fiat currency nonethelessif you meant that you can transact pay, send, withdraw, loan, among others with BITCOIN offline, then maybe if you have an app or software especially designed for that purposes of others
I don’t really think so that any such currency which needs to have an internet connection for performing of any kind of transaction can be treated like that of an offline currency and that it is impossible to treat any of the crypto currency in the very similar manner as we deal with other regular currencies. Bitcoin is an online digital currency and it has its own pre requisites which needs to be fulfilled. 
Topic: Is it possible to use bitcoin like offline currency? - page 4. (Read 7825 times)
For me would have to be a yes only if you would convert the same to fiat currency nonethelessif you meant that you can transact pay, send, withdraw, loan, among others with BITCOIN offline, then maybe if you have an app or software especially designed for that purposes of others
But if you will convert bitcoin in to fiat currency it will no more remain as digital currency and even it will lose its origionality, i do not think that bitcoin can be use as offline currency we can only use bitcoin online,but it is for shore that we can use bitcoin for shopping not online in online shops but we can also use it in offline shops.
As of now bitcoin cannnot be used as a offline currency but can be used very much to buy offline commodities.
Just like the name digital currency and when you digital you mean computer base.. Like Gold that you have seen with your naked eyes and held the physically, bitcoin is completely digital and can't be seen in real the world... So obviously bitcoins cannot be used in the offline market.
For me would have to be a yes only if you would convert the same to fiat currency nonethelessif you meant that you can transact pay, send, withdraw, loan, among others with BITCOIN offline, then maybe if you have an app or software especially designed for that purposes of others
I don't think bitcoin can be used as an offline currency because we all know bitcoin was created through internet by the use of blockchain. But if there's a development in the future that bitcoin can be run offline, then probably it will be used but as of today's era, it is impossible to utilize bitcoin without internet that's why it is called a digital currency.
Using of bitcoin like other offline currencies means that you can use bitcoin without even having an internet connection and laptop or anything like that which is definitely not at all possible as these are the most important things which you need to have and without these things, you cannot think of using of bitcoin. Bitcoin is an online currency and it will remain the same in the future as well.
As what i have read about bitcoin and cryptos, they share this very common disadvantage.
Being offline could not make you any transaction in the blockchain since the blockchain needs to be online for the nodes to be working.
Being offline could not make you any transaction in the blockchain since the blockchain needs to be online for the nodes to be working.
I don't think bitcoin can be used as an offline currency.we used our offline currency or our local money to buy goods and services.and btc is used online cryptocurrency.
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?
It depends on what do you mean, if you mean to use bitcoin everywhere similar to the way you use fiat then that is going to be possible in the future when the LN is working however if you mean using bitcoin without the internet that is going to be next to impossible we need the internet so the miners know about your transactions and can confirm it in a block. But what is your best answer of this question?
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?
For me is not bitcoin cannot transfer offline to another account. Bitcoin was an online currency therefore, it is just only for online transaction. We couldn't access bitcoin without internet connection and this is one of the most important because this is the admission in order to make transaction. Perhaps, there wil be a way in the future to used bitcoin in offline marketplace. But what is your best answer of this question?
There are atms in china aint there
Our offline curreny or our local money, our traditional money used to buy goods and services differs from what we earn here in bitcoin, here we earn coins and tokens these are cryptocurreny. Cryptocurreny are used in online market and function closely related to our local money or offline money. Although they have same functions they are used differently. Bitcoin cannot be used in offline market for now since no business used cyptocurrency for the means of payment.
I don't think bitcoin can be used as an offline currency because we all know bitcoin was created through internet by the use of blockchain. But if there's a development in the future that bitcoin can be run offline, then probably it will be used but as of today's era, it is impossible to utilize bitcoin without internet that's why it is called a digital 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?
Maybe your friend told about ledger offline wallet. It’s popular because he have good security. Bitcoin can save on Ledger-nano But what is your best answer of this question?
I would never ever trust something like that personally -- I just trust on my own cold wallets, and that's really it.It will not work out well when it comes to being a viable option for mass use. Everything you do will all come down to you exchanging private keys, and for that reason it will always be based on trust. If we browse through this thread, then we'll see that someone came up with something similar to what you're talking about (Google opendime) and despite them stating that it's 'bullet proof', I am not exactly sure how well it works out in reality.
my answer will: No it isn't . Bitcoin was born to make the transaction faster, more convenient, the transaction between countries far from the world is also fast with low fees. It is different from paper money or gold and has not been widely used arbitrarily, most governments do not accept bitcoin, for that reason bitcoin can only work when it is online currency.
A straight and simple definition of Bitcoin is– digital money. When it’s called digital money, that means it function online and when it functions online, that means it can’t be used offline. Lol. So don’t expect to use bitcoin offline, cause it can’t be used like all these offline currencies you see.
For you to use Bitcoin, you will need an electronic device and the recipient will also need the same to be able to receive. But offline don’t need such.
For you to use Bitcoin, you will need an electronic device and the recipient will also need the same to be able to receive. But offline don’t need such.
Bitcoin as of now, is an online currency. There could be an offline version in the future that would require it to be associated with the blockchain somehow.
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?
Well bitcoin is a digital currency so it cannot be use like fiat money. One of the difference of fiat and bitcoin currency is that fiat can both have digital and physical form(coins and banknotes) while bitcoin doesn't have a physical form. Another way to say digital currency is electronic currency. So it can only be use if you have an internet connection. But what is your best answer of this question?
Using of bitcoin similar to offline currency is impossible, because each and everything happening in terms of transaction and other processes were entirely dependent on internet connectivity. Maybe when the adoption takes place in large scale we can expect such offline usage getting into effect.
Neither there is any such methodology developed so far nor are the chances that such kind of thing will happen in the days to come which can help us in using any of the crypto currency just like that of offline currencies or other regular currencies. The thing is the main thing which we need to have with ourselves when it comes to that of performing any kind of transaction with any of the crypto coin, that is internet and it is impossible to do anything without internet connection.
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