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Topic: Real world use of BTC - page 2. (Read 1988 times)

legendary
Activity: 1106
Merit: 1000
February 09, 2015, 04:55:11 AM
#29
there are already people making living even more then living with bitcoins there are alot of bitcoins related businesses like i am selling webhosting for bitcoins and making living

hero member
Activity: 1328
Merit: 563
MintDice.com | TG: t.me/MintDice
February 09, 2015, 01:39:38 AM
#28
purse.io is amazing. first great real world use case for btc, one that i actually recommend to others.
member
Activity: 140
Merit: 10
February 08, 2015, 08:46:19 PM
#27
Does anyone make a living using bitcoin as their main transactional currency for normal trading in services/goods? (Not exchanges and not gambling.) I find the the fact it is naturally international very attractive as a means of exchange, but find some of the claims a bit wild which puts me off.

I got to an early prototyping/alpha stage last year with a project and it failed to go anywhere. (I learned a lot, and got a new job in development, so not a waste of time).

I was wondering whether to put any more time into it.

I made my money hoarding it...and it's real use for me was to basically circumvent ebay via the darkmarket....paypal and I don't get along.

Everybody else is mistaken about
A Great
Many
Things
full member
Activity: 173
Merit: 105
February 08, 2015, 02:29:29 PM
#26
Im not trying to devalue any of your points, but you do know there was a major college bowl game sponsored by Bitcoin this year right?

I think if Taylor Swift was wearing a BTC shirt in her next video it would certainly help promote the movement.
Any national publicity by celebrities or athletes would be positive.
It would be really awesome if an up and coming athlete requests his team owner pay a portion of his salary in BTC.

Once this happens, ESPN will be talking about crypto and then the flood gates open...

>major college bowl game sponsored by Bitcoin
>Taylor Swift
>up and coming athlete requests his team owner pay a portion of his salary in BTC
>dogecoin NASCAR

Certainly all great examples of wasted marketing dollars.

Bitcoin is completely unrelated and unrelatable to these audiences as it is. Just saying "here's this thing, it's better than the thing you currently have and here's why blahblahblah" does nothing to grow your market and is a perfect example of how engineer-centric business fail at basic marketing tasks and languish in the marketplace. Generally speaking, people are fucking stupid and are driven by emotions, not reason.

The public needs to understand Bitcoin:

1. is almost unattainable (scarcity)
2. is desirable (because socially important people use it)

And:
3. we don't care about them and they can go fuck themselves (time constraint - they need to join now to be cool, not later)

Nothing else matters. The economics, technology, all the things we talk about in here - meaningless to the general public. Again I think in general people will start using BTC organically in time. But the question is do you want to wait 5-10 years for that to happen, or give it a strong marketing push and make it happen in 2 years?




sr. member
Activity: 448
Merit: 250
February 08, 2015, 02:01:27 PM
#25
i think bitcoin really has potential in countries where there is hyper inflation & high transactional costs
but lets fix the wallet, lets make a wallet that is easy for even a child to use
fix that and bitcoin will have more widespread usage

What needs fixing about the wallet? I don't think beginners should use the QT wallet but the lite clients or blockchain.info seems pretty simple to grasp. Blockchain.info isn't really that much different from PayPal really.

Bitcoin qt is not great for not tech savy users and blockchain.info is so easy to use.

This is not a barrier. Coinbase, Circle, etc. are all as easy to use and understand as PayPal. Electrum/Breadwallet/Mycellium/Trezor are simple and easy to use too.

The only real reason BTC hasn't taken off is because we all do a really shitty job marketing it (which is to be expected, anybody on this forum is a nerd and not socially influential). The scarcity of the thing needs to be promoted, and it isn't. I don't hear about BTC in rap music; I hear about USD.

I think if the BTC community started privately crowd-funding a series of professionally made Vines or other short videos strategically promoting BTC on social networks this process would be sped up.

http://arstechnica.com/science/2015/02/social-network-structure-helps-trends-emerge-from-simple-interactions/

 
Im not trying to devalue any of your points, but you do know there was a major college bowl game sponsored by Bitcoin this year right?

I think if Taylor Swift was wearing a BTC shirt in her next video it would certainly help promote the movement.
Any national publicity by celebrities or athletes would be positive.
It would be really awesome if an up and coming athlete requests his team owner pay a portion of his salary in BTC.

Once this happens, ESPN will be talking about crypto and then the flood gates open...
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
February 08, 2015, 01:59:39 PM
#24
i think bitcoin really has potential in countries where there is hyper inflation & high transactional costs
but lets fix the wallet, lets make a wallet that is easy for even a child to use
fix that and bitcoin will have more widespread usage

What needs fixing about the wallet? I don't think beginners should use the QT wallet but the lite clients or blockchain.info seems pretty simple to grasp. Blockchain.info isn't really that much different from PayPal really.

Bitcoin qt is not great for not tech savy users and blockchain.info is so easy to use.

What is so complicated about bitcoin-qt?
@op making a living only from bitcoin requires alot of them to be profitable only by trading.
There are people tho who are working jobs that are strictly bitcoin related, but i doubt they're paid in bitcoins, if that is what u meant to ask.

cheers
full member
Activity: 173
Merit: 105
February 08, 2015, 01:54:32 PM
#23
i think bitcoin really has potential in countries where there is hyper inflation & high transactional costs
but lets fix the wallet, lets make a wallet that is easy for even a child to use
fix that and bitcoin will have more widespread usage

What needs fixing about the wallet? I don't think beginners should use the QT wallet but the lite clients or blockchain.info seems pretty simple to grasp. Blockchain.info isn't really that much different from PayPal really.

Bitcoin qt is not great for not tech savy users and blockchain.info is so easy to use.

This is not a barrier. Coinbase, Circle, etc. are all as easy to use and understand as PayPal. Electrum/Breadwallet/Mycellium/Trezor are simple and easy to use too.

The only real reason BTC hasn't taken off is because we all do a really shitty job marketing it (which is to be expected, anybody on this forum is a nerd and not socially influential). The scarcity of the thing needs to be promoted, and it isn't. I don't hear about BTC in rap music; I hear about USD.

I think if the BTC community started privately crowd-funding a series of professionally made Vines or other short videos strategically promoting BTC on social networks this process would be sped up.

http://arstechnica.com/science/2015/02/social-network-structure-helps-trends-emerge-from-simple-interactions/

 
hero member
Activity: 1022
Merit: 500
February 08, 2015, 12:23:49 PM
#22
i think bitcoin really has potential in countries where there is hyper inflation & high transactional costs
but lets fix the wallet, lets make a wallet that is easy for even a child to use
fix that and bitcoin will have more widespread usage

What needs fixing about the wallet? I don't think beginners should use the QT wallet but the lite clients or blockchain.info seems pretty simple to grasp. Blockchain.info isn't really that much different from PayPal really.

Bitcoin qt is not great for not tech savy users and blockchain.info is so easy to use.
legendary
Activity: 1554
Merit: 1014
February 08, 2015, 11:28:21 AM
#21
I have never seen, but if it's there I was quite happy, just bring Android to conduct transactions via QR code haha
sr. member
Activity: 315
Merit: 250
February 08, 2015, 11:27:41 AM
#20
i think bitcoin really has potential in countries where there is hyper inflation & high transactional costs
but lets fix the wallet, lets make a wallet that is easy for even a child to use
fix that and bitcoin will have more widespread usage

What needs fixing about the wallet? I don't think beginners should use the QT wallet but the lite clients or blockchain.info seems pretty simple to grasp. Blockchain.info isn't really that much different from PayPal really.
hero member
Activity: 770
Merit: 509
February 08, 2015, 10:56:20 AM
#19
What we need is more and more and more merchants accepting btc in everyday uses and not only in internet based services.
newbie
Activity: 1
Merit: 0
February 08, 2015, 10:43:45 AM
#18
i think bitcoin really has potential in countries where there is hyper inflation & high transactional costs
but lets fix the wallet, lets make a wallet that is easy for even a child to use
fix that and bitcoin will have more widespread usage
full member
Activity: 173
Merit: 105
February 08, 2015, 10:40:28 AM
#17
Does anyone make a living using bitcoin as their main transactional currency for normal trading in services/goods? (Not exchanges and not gambling.) I find the the fact it is naturally international very attractive as a means of exchange, but find some of the claims a bit wild which puts me off.

I got to an early prototyping/alpha stage last year with a project and it failed to go anywhere. (I learned a lot, and got a new job in development, so not a waste of time).

I was wondering whether to put any more time into it.

Yes, I use BTC to buy a lot of things via Brawker. The only trouble you'll have there is when dealing with merchants that don't have accurate inventory systems or with products that may sell out quickly.

I always buy cell phone minutes via bitrefill.com - I love that service. I have also used services like coincrack.com which I use less frequently but I find valuable. I also made some small donations to groups like the EFF, which I never would have done before BTC came along. I also bought my Trezor directly with BTC, and I love that system.

I do a lot of international business so I am constantly looking for opportunities to spend BTC and avoid local currencies. BTC really is the perfect global currency.



sr. member
Activity: 448
Merit: 250
February 08, 2015, 12:30:20 AM
#16
I think the core problem currently is that most employers dont know the vast advantages of payment to employees with bitcoin.
We currently have an information problem. The current media isnt interested in reporting stories on BTC for various reasons, and the few times that they do have a story its usually negative in nature.

This will all change with time IMHO, i just wish the change will happen sooner rather than later...

I personally dont think its too far fetched to have great deal amount of people being paid, at least a portion of their salaries in crypto in the near future.
You are assuming the employees would like to be paid in bitcoin. Probably they find it odd to be paid in a currency thats so volatile and it's not attractive for them so they'd rather get paid with fiat.

And you are assuming that massive adoption would not help price stabilization. The truth of the matter is that we will never know until it happens, and i for one think it will eventually happen.
legendary
Activity: 2982
Merit: 4193
February 07, 2015, 10:47:01 PM
#15
AFAIK there is a newly married couple who went around the world solely on Bitcoin. The website is here: http://lifeonbitcoin.com/. It actually turned out to be pretty successful. It is actually possible for people to live of bitcoin as the adoption rate rises.
hero member
Activity: 658
Merit: 500
February 07, 2015, 09:49:36 PM
#14
Just like the e-commerce days,
it needs a lot of time from tech emerge and user adoption.
hero member
Activity: 1022
Merit: 500
February 07, 2015, 07:56:23 PM
#13
There is real world use of bitcoin if you live in the US. Most large merchants accepting bitcoin if you live in the US. Users like us from the "rest of the world" can only buy gift cards with bitcoins and spend them as fiat. There is nearly no highstreet shops which accepts bitcoin. I hope this will change very soon.

More than 50 000 internet companies accept Bitcoin through Bitpay : https://bitpay.com/integrations
hero member
Activity: 924
Merit: 1001
February 07, 2015, 07:47:24 PM
#12
Holy f*ck this entire thread is one big signature banners billboard.

Why do the site owners allow this?  Unbelievable.

-B-
hero member
Activity: 504
Merit: 500
Moderator
February 07, 2015, 07:24:33 PM
#11
Drugs, child porn, assassins, terrorism, ponzi schemes, scammers.  Sad
legendary
Activity: 1736
Merit: 1023
February 07, 2015, 07:03:42 PM
#10
I've yet to see any local places accepting bitcoin, but always on the lookout. I know their are some sites that will show you local places that accept bitcoin.
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