It does not matter if the bitcoin confirmation is slow or what. When you send a bitcoin, you can not actually refund the payment so the buyer is sure that he or she will get the money.
Also, you can negotiate a fee and ask the buyer to pay half and you will pay half of the confirmation which will be faster. No need to have bitcoin as a way of payment
Topic: Real life usage of bitcoin - page 21. (Read 8967 times)
Don't you think price blast not correlate with its real life usage since its inception?
Its hoarded for speculative purpose but how many major cities in the world have even its ATM?
I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?
Who will accept it in store when confirmation time is so long.
I think the first countries to accept cryptocurrencies and bitcoin and general would be some of the big eight, because if I was wait my country to accept Bitcoin it would be forever. Its hoarded for speculative purpose but how many major cities in the world have even its ATM?
I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?
Who will accept it in store when confirmation time is so long.
There are several uses for Bitcoin, from investing to trade or value reserve. There are those who argue that if Bitcoin is not used as a direct payment method it will fail, but just observe everything it has triggered to see that it is much more than a payment system, there is a value and philosophy behind decentralization which he provided.
Yes. I do not think it's a problem even though Bitcoin is not used for everyday payment needs. When forced to use every day then some consider Bitcoin to remove the fiat. This is not the case. So I think Bitcoin let it live naturally, used to send cross-border value, trade, and exchanged for fiat to be used every day. This will help local currency exchange.
There are several uses for Bitcoin, from investing to trade or value reserve. There are those who argue that if Bitcoin is not used as a direct payment method it will fail, but just observe everything it has triggered to see that it is much more than a payment system, there is a value and philosophy behind decentralization which he provided.
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Well what is the real life usage of gold? Isnt that it is just used to shine things and it makes you feel almighty with the gold you have?. But that's is just the typical perspective of it. Real usage of it is to more firm objects like any other minerals. They add a little gold for a more stronger foundation of some items like the diamonds. The same is the usage of btc but in the cryptoworld. Btc may make you feel rich but it also helps other coins as a foundation for there own coins.
Well what is the real life usage of gold? Isnt that it is just used to shine things and it makes you feel almighty with the gold you have?. But that's is just the typical perspective of it. Real usage of it is to more firm objects like any other minerals. They add a little gold for a more stronger foundation of some items like the diamonds. The same is the usage of btc but in the cryptoworld. Btc may make you feel rich but it also helps other coins as a foundation for there own coins.
glad you put it that way
it is the same and it proves my point. the fact that you know only 1 usage for gold (or bitcoin) doesn't mean they are being used only for that 1 and nothing else.
1. jewelry is obviously the most usage
2. investment, as a financial backing for currency
3. Electronics in computers and other electrical devices
4. Dentistry as in fillings
5. Aerospace
6. Medical usages: from coating biological specimens to usage in nanotechnology
and none of these are small time usages.
Don't you think price blast not correlate with its real life usage since its inception?
Its hoarded for speculative purpose but how many major cities in the world have even its ATM?
I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?
Who will accept it in store when confirmation time is so long.
Bitcoin is a digital currency: although it could be seen as an asset since it generates profits for holders, it should be treated as a currency. Keeping Bitcoin alive as a currency should be the focus of everyone in the crypto community. Because if the coin continues to lose it value it won't be of any use to all those who keep in hoarding it. Its hoarded for speculative purpose but how many major cities in the world have even its ATM?
I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?
Who will accept it in store when confirmation time is so long.
I've use bitcoin to buy computers, gold, silver, and various collectibles on this forum. It is very useful if you know how to spend it.
Like you, I buy the things that I want to but here in my country only selected store accepted bitcoin as payments so that I need to convert first my bitcoin money into cash. I am so happy now because in bitcoin all the things I need and want I can buy. Bitcoin is very useful and helpful for everyone.
Real Life Usage of Bitcoin Bitcon can change the real life,which can not be imagined, bitcoin may change the life of person.Bitcoin is bound by the same line,bitcoin can be used to make free trading without having to do business,Bitcoin business is the best way to make life.
Using bitcoin as other fiat currencies in the day to day running of activities seems impossible for now but I believe in the nearest future it will not be used only on investments here in the crypto world alone but can also be used in real life activities. Cryptocurrency has helped so many people which now depends and believe on it as their jobs such people will never let it down so we will work hard to make sure cryptocurrency achieved it goals.
I would be happy if I could just playing with my Bitcoin in the grocery stores for my mobile replenishment, and those like daily things that I have in my expenses list. It would be comfortable I think.
Besides from other people earning salary in their real life job, because of the use bitcoin, it gives people opportunity to earn more extra money at a very convenient ways.
I think there are many opportunities to use bitcoin in everyday life. He has a large capitalization, it remains to settle all issues with the governments m to legalize it.
I dont know how bitcoin is superior to something like paypal if it doesnt even have anonymous transactions?
still in real life bitcoin is not using specially but you can use bitcoin for shopping for cash withdrawal like this things but in future it will use for every thing
Yes I agree with you you seemed kind in real life as normal currency will not possible right now but hoping the future will be definitely filled with the market and also make it easiest way to spend it in all ways.
They're already a proven payment method. I think of Crypto's as more of an investment than a payment method. I could see a future where businesses and individuals accept crypto as payment but until that time comes I have no problem with using a Bitcoin debit card.
still in real life bitcoin is not using specially but you can use bitcoin for shopping for cash withdrawal like this things but in future it will use for every thing
You can spend your bitcoin anywhere visa/mastercard is accepted via a bitcoin debit card, right?
BTC was created to be a currency and ten years later I still can't buy Chinese food with it. So bitcoin has no real world use outside as an investment store of value, like gold.
You can spend Bitcoins at 'Bitspend' Spend Bitcoins Anywhere! Purchase anything online and pay with Bitcoins -- you can start a blog on WordPress.com, or you can buy or trade nearly anything imaginable: Trade - Bitcoin. It's the local currency of the Internet!
Bitcoin is a currency with huge value. The day to day life necessaries things are not much expensive. This can be the problem for bitcoin to be used as day to day life usage. But it can be used whenever it can be divided into several small part as dollar have like sant.
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