Pages:
Author

Topic: Why can't I use Bitcoin everyday!! (Read 2909 times)

jr. member
Activity: 51
Merit: 251
January 25, 2015, 08:24:58 AM
#54
For now only few of us can use bitcoin everyday!
In future, i'm sure most of use can use bitcoin everyday like use paper money Smiley

Hope my country accept BTC
hero member
Activity: 1022
Merit: 500
January 25, 2015, 04:12:31 AM
#53
The way I see it the more bitcoin we use in various bitcoin companies etc. the more we are supporting bitcoin growth and the better off bitcoin will be. For me this means even if I can't buy lots of things around my area if I have the option to pay for something online with Bitcoin I will even if it is at the cost of a slight premium.

Bitcoin can be use to invest some wealth and store your capital privately.
full member
Activity: 223
Merit: 100
January 24, 2015, 10:45:32 AM
#52
The way I see it the more bitcoin we use in various bitcoin companies etc. the more we are supporting bitcoin growth and the better off bitcoin will be. For me this means even if I can't buy lots of things around my area if I have the option to pay for something online with Bitcoin I will even if it is at the cost of a slight premium.
hero member
Activity: 700
Merit: 501
January 24, 2015, 10:39:52 AM
#51
Its just a matter of time before people start using Bitcoin every day! Remember paypal, webmoney and others?
We use them everyday now don't we?
Yeah but that doesn't involve exchanging your fiat for a different currency, they are just ways to exchange your already possessed fiat. With this they need to deal with another currency. Im yet to see a merchant in real life.
sr. member
Activity: 448
Merit: 250
January 24, 2015, 09:09:41 AM
#50
Places you go everyday ask them if they will accept it, even for you - just to start with. shouldn't cost them anything substantial to get set up.

Ofc I'm assuming these places arent all walmarts!
newbie
Activity: 44
Merit: 0
January 24, 2015, 06:32:24 AM
#49
It might not be available today widespread, but isn't there ways around it to use Bitcoin for shopping?

Can't you just load up a Xapo Debit card or prefund Gyft?

Yeah, i know that already exist some debit card, but when i read the reviews about them, i always see that this product is not useful.
member
Activity: 112
Merit: 10
January 23, 2015, 08:18:02 PM
#48
Just wait till it gets more mainstream and then you'll be able to. Changing places to live off of Bitcoin doesn't really sound like a good idea.
Yup..just calm your tits..n hold your coins for a few years.!! Revolution will start soon.! so sit back n chill 4 a bit.!
hero member
Activity: 1372
Merit: 783
better everyday ♥
January 23, 2015, 04:08:42 PM
#47
It might not be available today widespread, but isn't there ways around it to use Bitcoin for shopping?

Can't you just load up a Xapo Debit card or prefund Gyft?
newbie
Activity: 44
Merit: 0
January 23, 2015, 03:40:36 PM
#46
Impressions I have are...

#1, Amsterdam, Netherlands very into bitcoin.

#2, 3, 4 etc, Not sure of exact rank but Vancouver, Toronto, Montreal, San Fran and bay area, Portland, NYC, London  etc all have active scenes.

That is, around 95% of the world is outside places where spend BTC is easy

But what you can buy? You can buy a food? Pay your bills?
member
Activity: 117
Merit: 10
January 20, 2015, 07:39:14 PM
#45
Why would you even try to use Bitcoin everyday? Card works fine for me, and I don't see why would I take the trouble of paying by Bitcoin when there is no advantage.

I use it at least weekly. Mostly online, but increasingly I find places IRL. The reason I do it is because I care about my private information. Using a card requires giving all the information needed to steal from me to a stranger. Those days are over for me. I also use it for travel. Its' awesome to have money that works all over the world. I also like to OWN my wealth, not store it someone's fed coupons. 

But the bitcoin may be stolen from you too. So, the different entry fiat money and bitcoin in that case not so much, us we would like it be.

Certainly true. I have to do my own security because my bitcoins are mine alone. I have little fear of theft however, to get any sizable amount would require breaking into my safe deposit box. Then you would still have to find and decrypt the wallet.

P.S. I have never lost a Satoshi to thieves, but I'm on my third replacement bank card in a year.   

But you have to realize that anyone who frequents these forums are much more knowledgeable and smarter than the general public. Almost every day I hear on the news that people are getting scammed because someone called them on their phone saying that they owe the IRS $300 and need to pay right away or else they'll come arrest them. People fall for this and buy Western Union or prepaid debit cards and pay it right away. Obviously you wouldn't fall for that. Neither would I. But thousands of people do fall for it and they cry about it to the news channels. The fact is, the general public is incredibly dumb and gullible. Ask any random person and they wouldn't even know what the word "encryption" means. In a way, you could say bitcoins are for smarter people.
As a side note, you wouldn't believe how many people STILL put their house key under the front door floormats. I don't know that many people, but I know two people who still do that. It's incomprehensible!!!
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
January 20, 2015, 01:46:06 PM
#44
Why would you even try to use Bitcoin everyday? Card works fine for me, and I don't see why would I take the trouble of paying by Bitcoin when there is no advantage.

I use it at least weekly. Mostly online, but increasingly I find places IRL. The reason I do it is because I care about my private information. Using a card requires giving all the information needed to steal from me to a stranger. Those days are over for me. I also use it for travel. Its' awesome to have money that works all over the world. I also like to OWN my wealth, not store it someone's fed coupons. 

But the bitcoin may be stolen from you too. So, the different entry fiat money and bitcoin in that case not so much, us we would like it be.

Certainly true. I have to do my own security because my bitcoins are mine alone. I have little fear of theft however, to get any sizable amount would require breaking into my safe deposit box. Then you would still have to find and decrypt the wallet.

P.S. I have never lost a Satoshi to thieves, but I'm on my third replacement bank card in a year.   
sr. member
Activity: 378
Merit: 250
January 19, 2015, 08:02:57 PM
#43
I want to know if people are seeing bitcoin pop up as a medium to pay.

Want it in my city, unfortunately, dont see it.

Where are the best places to live that take bitcoin?
duty to introduce the bitcoin in your city. you learn here and if you are old enough to understand you can tell them. if that happens, you will be the hero in your town: D
legendary
Activity: 1120
Merit: 1000
January 19, 2015, 07:27:16 PM
#42
Impressions I have are...

#1, Amsterdam, Netherlands very into bitcoin.

#2, 3, 4 etc, Not sure of exact rank but Vancouver, Toronto, Montreal, San Fran and bay area, Portland, NYC, London  etc all have active scenes.

That is, around 95% of the world is outside places where spend BTC is easy
legendary
Activity: 1582
Merit: 1064
January 19, 2015, 07:11:41 PM
#41
well some of us can't even use bitcoin for single purpose. because we don't have any options to spend bitcoin in Bangladesh.

Ha ha.. Didn't the Central Bank say you can be jailed for using Bitcoin?
hero member
Activity: 1022
Merit: 500
January 19, 2015, 09:25:49 AM
#40
but at the present time you can't use bitcoin as like cards or cash, we need a infrastructure, to spend it where we want, so companies which going to do it, will want to revenue and it means that they grow up the fees for every transaction.
Huh? What do you mean, infrastructure. Bitcoin IS its own infrastructure.

I am using Bitcoin on a daily basis, in the same way I was using cards or cash back in the old days. Except faster, and cheaper, and less dependent of 3rd party companies like banks.

But how you using it? I mean, do you use your own wallet? I think no, also, we speak about spending BTC offline, how you going to do that, without infrastructure?

With a bitcoin wallet on your smartphone.
legendary
Activity: 1176
Merit: 1011
January 19, 2015, 07:16:16 AM
#39
but at the present time you can't use bitcoin as like cards or cash, we need a infrastructure, to spend it where we want, so companies which going to do it, will want to revenue and it means that they grow up the fees for every transaction.
Huh? What do you mean, infrastructure. Bitcoin IS its own infrastructure.

I am using Bitcoin on a daily basis, in the same way I was using cards or cash back in the old days. Except faster, and cheaper, and less dependent of 3rd party companies like banks.

But how you using it? I mean, do you use your own wallet? I think no, also, we speak about spending BTC offline, how you going to do that, without infrastructure?
On my Android phone, I use Mycelium and Bitcoin Wallet. On my iPad, I use breadwallet

All three are excellent, stable, fast, user friendly wallets.

When I come in the supermarket, or in a restaurant, or bar, when it's time to pay, I ask "I'd like to pay that with Bitcoin please" and they say "yes sir!" and grab their own tablet or whatever they have (some shops have got it a cash register interface on a netbook or something, with Bitcoin integrated).

And in 1-2 seconds, I pay with Bitcoin, and done.

As for "offline": I mean spending in an actual, physical, brick-and-mortar shops, rather than online / webshops. Obviously there is still internet involved (as is also the case with bank cards / wire payments, credit cards, etc). But it's 2015, everybody's got mobile data, and there's also WiFi in most places.

Again, read this article on CoinTelegraph from a reporter who tried it and found out for himself just how far every day Bitcoin usage has come already.
newbie
Activity: 44
Merit: 0
January 19, 2015, 04:42:15 AM
#38
but at the present time you can't use bitcoin as like cards or cash, we need a infrastructure, to spend it where we want, so companies which going to do it, will want to revenue and it means that they grow up the fees for every transaction.
Huh? What do you mean, infrastructure. Bitcoin IS its own infrastructure.

I am using Bitcoin on a daily basis, in the same way I was using cards or cash back in the old days. Except faster, and cheaper, and less dependent of 3rd party companies like banks.

But how you using it? I mean, do you use your own wallet? I think no, also, we speak about spending BTC offline, how you going to do that, without infrastructure?
legendary
Activity: 1176
Merit: 1011
January 18, 2015, 10:00:06 AM
#37
but at the present time you can't use bitcoin as like cards or cash, we need a infrastructure, to spend it where we want, so companies which going to do it, will want to revenue and it means that they grow up the fees for every transaction.
Huh? What do you mean, infrastructure. Bitcoin IS its own infrastructure.

I am using Bitcoin on a daily basis, in the same way I was using cards or cash back in the old days. Except faster, and cheaper, and less dependent of 3rd party companies like banks.
legendary
Activity: 1176
Merit: 1011
January 18, 2015, 09:58:20 AM
#36
That's why fiat have a central authority to try to stop hackers & thieves. If you dropped your credit card in the middle of the street and someone used it, the bank is going to help you. You'll probably get all your money back even though it was your fault.
In the end, who's paying for that service, you think?

And besides, I've witnessed enough cases where people were sloppy with their credit card details, got ripped off (due to their own stupidity), and their bank didn't cover them.

Quote
With bitcoins, you're on your own. If you dropped your paper wallet, no one is going to help you.
Obviously nobody is gonna walk around with paper wallets (that's explicitly not what they're intended for). And for normal Bitcoin wallets, no one needs to help.
1. Password, so if I lose my wallet, nobody can spend it.
2. Backups, so if I lose my wallet, I can restore it.
newbie
Activity: 44
Merit: 0
January 18, 2015, 05:07:00 AM
#35
But the bitcoin may be stolen from you too.
But with Bitcoin, that is within my own power. I don't have to trust some random stranger, as is the case with credit cards (and to certain extent, with bank accounts as well).

With credit cards, you're essentially giving away your private key to random strangers, hoping they will only withdraw (from your account) what you owe them, and not empty your balance, or store your details in some stupid way so hackers will get their hands on it. Hardly needs explanation why this is wrong on SO many levels. Hence the hundreds of millions (at best, probably billions) of annual credit card fraud. And then there's even people saying "yes, but we're insured against that". Guess who pays that insurance. Hint: not the banks or the credit card companies.


That's why fiat have a central authority to try to stop hackers & thieves. If you dropped your credit card in the middle of the street and someone used it, the bank is going to help you. You'll probably get all your money back even though it was your fault.

With bitcoins, you're on your own. If you dropped your paper wallet, no one is going to help you. The same could be said about cash, but that's why I use plastic instead of cash most of the time.




Both are right , but at the present time you can't use bitcoin as like cards or cash, we need a infrastructure, to spend it where we want, so companies which going to do it, will want to revenue and it means that they grow up the fees for every transaction.
Pages:
Jump to: