Topic: when cryptocurrencies can be used to buy basic needs? - page 2. (Read 2867 times)
It is very likely that crypto currency is used to buy cigarettes, bread, and other daily necessities. Indeed according to its function that this crypto currency will provide convenience in online transactions. Someday crypto currencies will be more useful to facilitate all human activities. If more people are aware of the benefits of crypto currencies and try to use them, all activities can be done with crypto currencies. In countries that have permitted the use of crypto currencies, daily purchases of basic needs have been made with crypto currencies. I'm sure this good thing will be followed in other countries as soon as possible.
In my opinion the most obvious opportunity to wind up effective on along these lines have Litecoin establishment) They purchased some portion of the bank and attempting to make a door to genuine world. Be that as it may, as of now there some working items like epayments. As I comprehended they all have a few issues with guideline.
In my opinion we ought to for guideline from G20 to get genuine secure entryways to fiat.
In my opinion we ought to for guideline from G20 to get genuine secure entryways to fiat.
Although it is not widely available today, it is possible to shop with crypto in some places. Maybe it does not satisfy you, but it is a huge success that crypto has made so much progress in little time.
You thought is great but in my word it's not possible at this moment. The acceptence of Bitcoin or other currencies are not that much as fiat money. It will take time to discover all the thing. But they are in working already many big company working hard and some of them take Bitcoin as a payment option. And after few year this acceptence will be great. And we have to wait for that day.
except that we just have to wait for this day, we have to start studying technology and earning bitcoins not to sell them later, but to use them A lot of projects are going on blockchain and new cryptocurrencies are being launched day by day but when can we actually see them floating in real market for real use cases like buying a cigarette or bread? is it possible?
I think the question is more to do with mass adoption.. The more awareness towards cryptocurrencies, merchants, outlets and stores would be forced to accept crypto payment in due time.. Although I think this will happen, I think it will take a little while to attain this level of outreach and establishment of trust..
You thought is great but in my word it's not possible at this moment. The acceptence of Bitcoin or other currencies are not that much as fiat money. It will take time to discover all the thing. But they are in working already many big company working hard and some of them take Bitcoin as a payment option. And after few year this acceptence will be great. And we have to wait for that day.
A lot of projects are going on blockchain and new cryptocurrencies are being launched day by day but when can we actually see them floating in real market for real use cases like buying a cigarette or bread? is it possible?
There should be simple stores in your locality that will be ready to collect BTC or other cryptocurrencies that appeal or interest them. you can make findings for that. For instance, there is such available where i am resident, but they do not sell cigarette and bread or other food materials as you mentioned. What these set of people deal in many are clothes and shoes and other accessories as might deem fit. A lot of projects are going on blockchain and new cryptocurrencies are being launched day by day but when can we actually see them floating in real market for real use cases like buying a cigarette or bread? is it possible?
Well, it is possible because time will come when crypto currency will become a global currency that everyone will start making use of to buy goods and services. But it can only be possible when you and I start accepting it as a medium of exchange for goods and services in our small shops and other business related activities that will encourage to use.
I guess we need 10 more years, this process isnt so fast, just think, billions of people with different goverments and laws, different civilizations with their customs and tradition are using fiat money many centures...so transition to crypto will last a long time.
Well i wish that can happen soon and on most of countries to can buy food with crypto. In my country i can buy with crypto PC from a site and from another site i can recharge my phone but there are too small and i wish also so i can buy mor things with, i think is need more years to happen.
A lot of projects are going on blockchain and new cryptocurrencies are being launched day by day but when can we actually see them floating in real market for real use cases like buying a cigarette or bread? is it possible?
It's possible and it's happening now. There are a lot of merchants who are now accepting Bitcoin is means of payment however they are not huge companies. I heard that some online shopping such as Amazon are considering cryptocurrency to be used as means of payment however we can't say as of now when will it happen. I think there are regulations who are not finaliized yet that are being waited in order for them to use it.
Cryptocurrency can now be used to buy basic needs and there are many stores who already accepting cryptocurrency like bitcoin as payment. In this generation, a lot of people are now into digital currency which you can now paybills, buy load, and buy things and gadgets through online, that is why there is a chance for bitcoin and other cryptocurrency to be more recognized in the whole world and be legalize by the government. Anyways, i have found an exchange which is a good trading platform that has a high security it is called Darb Finance. Most of my trading activities are in Darb because i can easily convert all of my fiat and altcoins into bitcoin and vice versa and you can also use it as a wallet. Lastly, you can mostly use your cryptocurrency to buy things through online because there are online shopping like Amazon who are already accepting bitcoin, but for me i only use my bitcoin to buy games in steam and garena.
A lot of projects are going on blockchain and new cryptocurrencies are being launched day by day but when can we actually see them floating in real market for real use cases like buying a cigarette or bread? is it possible?
I believe that society will have this opportunity in the near future. Some stores are already introducing functionality and the ability to accept payment for their goods and services with cryptocurrencies. Therefore, I am sure that cryptocurrency will gradually strengthen its position, will be used for various everyday tasks.
government? because without that, I doubt if many stores will use bitcoin as payment system..
A lot of projects are going on blockchain and new cryptocurrencies are being launched day by day but when can we actually see them floating in real market for real use cases like buying a cigarette or bread? is it possible?
It's possible and it's happening now. There are a lot of merchants who are now accepting Bitcoin is means of payment however they are not huge companies. I heard that some online shopping such as Amazon are considering cryptocurrency to be used as means of payment however we can't say as of now when will it happen. I think there are regulations who are not finaliized yet that are being waited in order for them to use it. 
A lot of projects are going on blockchain and new cryptocurrencies are being launched day by day but when can we actually see them floating in real market for real use cases like buying a cigarette or bread? is it possible?
I am waiting for that to happen especially in my country, but that seems very unlikely given that there are many bans and bans for bitcoin and crypto.
in my opinion, only in a few large countries have legalized crypto and bitcoin to be able to become a payment transaction tool as you say.
not gonna happend unless there is new ways to make fee for transfer become like zero
and before that cryptocurrency must be accept by goverment
and before that cryptocurrency must be accept by goverment
A lot of projects are going on blockchain and new cryptocurrencies are being launched day by day but when can we actually see them floating in real market for real use cases like buying a cigarette or bread? is it possible?
that's the problem for us crypto users
there are many ideas and technologies that are carried by ico and so are the benefits for the use of daily life, as you say.
but I do not see what really works as it is written on white paper.
in my opinion, only a few can be implemented and even then it will take a long time
Many steps have already been taken. As an example, I can remember the issue of debit cards in the UK, which allow you to pay with cryptocurrency in stores, currency conversion occurs automatically. In addition, can you remember Argentina, where cryptocurrencies are actively implemented and they can pay for transport.
We still have to wait some time but I believe it will happen, sooner or later. Even now there are many cryptos which are leading to facilitate payments (like Dash or FuturoCoin) and we cannot forget about many places where you can already pay with Bitcoins
A lot of projects are going on blockchain and new cryptocurrencies are being launched day by day but when can we actually see them floating in real market for real use cases like buying a cigarette or bread? is it possible?
I am sure that we see the first prerequisites now. In the work of many stores are actively used BTC and Ethereum. For example, Japan already uses various cryptocurrencies for its internal needs. Such a possibility in the near future may appear for Canada and Switzerland.
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