Will Bitcoin become a daily currency??? - page 11.

ityandsyn

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Quote from: werpak321 on March 05, 2018, 07:34:26 AM

Quote from: The Golden Boy on February 27, 2018, 02:18:33 PM

I have recently written an article about the possibility of Bitcoin becoming currency we will use on daily basis. so now I want to ask the question do you think we will see if it can be used as a daily currency??? or do you think it will be more like gold a good store of value???
My own personal hope is that we will see cryptocurrencies develop into currencies we will use on a daily basis. in my opinion, bitcoin will be a good place to start due to the mainstream knowledge about Bitcoin, but I do not think it's the best-suited kind for daily use and I believe we have a long way to go before it is a viable alternative to Fiat currencies for the majority of people.

For inspirational purposes, I have included my article
https://cryptoms.online/2018/02/27/will-bitcoin-become-a-daliy-currency/

Maybe I dont think so because soon and time goes by and flies bitcoin is going so popular and many rich people have already investing in it

So we have a common speculation for this cryptocurrency,we are hoping that we can use these for our daily activities,like for example buying of foods or payments for electric bill or payments for school or even a hospital bill, and also it is better if we can use btc glovally.

werpak321

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Quote from: The Golden Boy on February 27, 2018, 02:18:33 PM

I have recently written an article about the possibility of Bitcoin becoming currency we will use on daily basis. so now I want to ask the question do you think we will see if it can be used as a daily currency??? or do you think it will be more like gold a good store of value???
My own personal hope is that we will see cryptocurrencies develop into currencies we will use on a daily basis. in my opinion, bitcoin will be a good place to start due to the mainstream knowledge about Bitcoin, but I do not think it's the best-suited kind for daily use and I believe we have a long way to go before it is a viable alternative to Fiat currencies for the majority of people.

For inspirational purposes, I have included my article
https://cryptoms.online/2018/02/27/will-bitcoin-become-a-daliy-currency/

Maybe I dont think so because soon and time goes by and flies bitcoin is going so popular and many rich people have already investing in it

Crystacool

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Quote from: The Golden Boy on February 27, 2018, 02:18:33 PM

I have recently written an article about the possibility of Bitcoin becoming currency we will use on daily basis. so now I want to ask the question do you think we will see if it can be used as a daily currency??? or do you think it will be more like gold a good store of value???
My own personal hope is that we will see cryptocurrencies develop into currencies we will use on a daily basis. in my opinion, bitcoin will be a good place to start due to the mainstream knowledge about Bitcoin, but I do not think it's the best-suited kind for daily use and I believe we have a long way to go before it is a viable alternative to Fiat currencies for the majority of people.

For inspirational purposes, I have included my article
https://cryptoms.online/2018/02/27/will-bitcoin-become-a-daliy-currency/

I think in the future bitcoin could become a daily currency. There are still many problems to be solved. First, bitcoin is slow to trade. Second, its transaction fee is very expensive, which will be the reason why it becomes a daily currency.

zelenkova

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I think that he has a great future in terms of development and appearance on other platforms of participation in the sale of a purchase and in general a payment system.

Jeepney_koh

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Quote from: The Golden Boy on February 27, 2018, 02:18:33 PM

I have recently written an article about the possibility of Bitcoin becoming currency we will use on daily basis. so now I want to ask the question do you think we will see if it can be used as a daily currency??? or do you think it will be more like gold a good store of value???
My own personal hope is that we will see cryptocurrencies develop into currencies we will use on a daily basis. in my opinion, bitcoin will be a good place to start due to the mainstream knowledge about Bitcoin, but I do not think it's the best-suited kind for daily use and I believe we have a long way to go before it is a viable alternative to Fiat currencies for the majority of people.

For inspirational purposes, I have included my article
https://cryptoms.online/2018/02/27/will-bitcoin-become-a-daliy-currency/

There are two things to consider. First, in terms of physical transactions, it will diffcult to be the daily transaction currency. If it is in the digital world, I believe it can be or may be possible to be used in daily transactions. Since bitcoin is based digitally, it is more convenient to use in inline payments and transactions.

arteezyy

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My personal view is that bitcoin will just become like gold, a store of value, because there are too many limitations to be considered before we can use bitcoin as our daily currency in everyday lives, one of that reason is the fee for transferring bitcoin and the second one is that you need to open up your connection, and use your mobile phone just to pay something instead of just fishing up a spare change in your pocket right? I think that it is too inconvenient to many people and countries that are experiencing many problems in data connections.

MarVicsa

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in terms of bitcoin development indirectly bitcoin develops so fast, but if the daily currency is made this will take a long time because not all countries that receive bitcoin.

boltz

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Right now no but this will be posible in the next years as tech advances and more apps and stuff are getting discovered and tested. So I would say that bitcoin will become a daily currency but not as soon as you may think.

jayc89

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Quote from: djsugar on March 04, 2018, 03:00:39 PM

I strongly feel that in the future, Bitcoin and other cryptocurrencies will become a daily currency. A major part of the world still doesn't understand Cryptos and it will take a lot of time for its awareness to reach every corner of the world.
For example, in India, only a small percentage of people own Debit/Credit cards. The country failed to teach about these digital currencies to the masses.
So, in order for cryptocurrencies to be successful as a daily driver, people need to be educated. The road is long, but the end would definitely be reached at some point of time.

If you use it daily then you would become a daily user of Bitcoin. I don't use Bitcoin everyday so I can't really say that I would want to use it like that.

djsugar

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I strongly feel that in the future, Bitcoin and other cryptocurrencies will become a daily currency. A major part of the world still doesn't understand Cryptos and it will take a lot of time for its awareness to reach every corner of the world.
For example, in India, only a small percentage of people own Debit/Credit cards. The country failed to teach about these digital currencies to the masses.
So, in order for cryptocurrencies to be successful as a daily driver, people need to be educated. The road is long, but the end would definitely be reached at some point of time.

Biggapp

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Quote from: Xfactor06 on March 03, 2018, 08:43:36 AM

If bitcoin could go stable then why not right? Think of what a decentralized currency can do.

The bitcoin is a decentralized currency and if it becomes a regular currency than it will give a lot of benefit to the common man and all the banking sector will get a big suffering bow. In my opinion The only thing right now which is stopping this to happen is that this currency is also used by the people sitting on dark web without any identity, if this is countered (hopefully soon) than bitcoin will soon be international currency without any doubt.

topleskacah

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impossible, bitcoin is more suitable in use for large transactions, as is done by many companies in china.
if to make as a daily payment is not possible, because the cost of transaction bitcoin maih fairly expensive.

AriannaSantosUU

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If all stores/banks etc in the world accepts bitcoin as payment, then why not put it as a normal currency? So people may use of it. But for me, it is better of it as gold. Store it while its value goes up in time.

sajjad.uc

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Bitcoin becoming a daily currency! No, at least not now. Because right now bitcoin is using as a store of value. Bitcoin is popular because of its money-making ability. Traders use Bitcoin to make some serious money. But it can not be used as daily currency. But nobody will know what will happen next. But for right now, the answer is no...

A1exander

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It is very unlikely. I think there will be solution(s) for technical problems such as network capacity, fees and transaction times (Lightning Network looks promising). But, first, bitcoin is too volatile for an everyday currency and, second, many governments are not going to allow payments in anything except local currency within their borders. Bitcoin may become a currency for some purely online transactions, however.

damntravis

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No, governments will not allow it

Hotrod_88

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Quote from: The Golden Boy on February 27, 2018, 02:18:33 PM

I have recently written an article about the possibility of Bitcoin becoming currency we will use on daily basis. so now I want to ask the question do you think we will see if it can be used as a daily currency??? or do you think it will be more like gold a good store of value???
My own personal hope is that we will see cryptocurrencies develop into currencies we will use on a daily basis. in my opinion, bitcoin will be a good place to start due to the mainstream knowledge about Bitcoin, but I do not think it's the best-suited kind for daily use and I believe we have a long way to go before it is a viable alternative to Fiat currencies for the majority of people.

For inspirational purposes, I have included my article
https://cryptoms.online/2018/02/27/will-bitcoin-become-a-daliy-currency/

I think yes in the future they will be use as a daily currency and as a matter of fact the japanese are fully accepting bitcoins as their daily currency in their country they are being used in some transactions and really noticeable and i know that in some country in the world will also do it like in japan. And the bitcoins will be officially a part of the society's currency and today they are some stores and retailers that are accepting bitcoins as a oayment and in the futute they will be a lot of them because of popularity.

Xfactor06

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If bitcoin could go stable then why not right? Think of what a decentralized currency can do.

andrei214

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Maybe it is a good idea.But the fact that bitcoins rate is still unstabilized, it will really take so much time to make bitcoin as a daily currency.But if that bitcoin becomes the daily currency, then it must be good.

malbterxic

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Quote from: btcbabhh on March 01, 2018, 02:26:18 PM

Bitcoin can not be the currency of the day. The obstacle in front of this option is the Bitcoin transfer fee, the scaling problem and the transfer time. Bitcoin can not make progress for everyday use without this hindrance being resolved. We have to use cash to buy a cup of coffee from Starbucks. It would be absurd to wait for a long time. We pay fee more than coffee fee.

i agree, bitcoin in principle can not be a substitute for ordinary money, but national crypto-currencies can easily replace ordinary money and I think that this process is just around the corner.

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