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Title: If bitcoin was accepted everywhere would you use it? Post by: bitcointumbling.com on June 28, 2015, 02:27:41 PM I am curious as to why and who would use bitcoin if it was accepted everywhere.
I know it would be great for everyone who has invested into bitcoin, but if it was just as accepted as money would you still be as inclined to use it? If you have a business that involves bitcoin or you have some sort of exchange then I can see it being a great thing for demand, but why would you use it if you could just as easily use fiat money? Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Amph on June 28, 2015, 02:49:36 PM absolutely, if it wasn't limited to only stuff only, i would have used it for everything especially small shop
and i would get rid of my debit card instantly, and i'm paying absolute zero on everything with it right now Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Lethn on June 28, 2015, 02:51:50 PM I'd love that, to be able to go to a supermarket and spend my coins would be amazing, same for paying bills and so on, it's really gratifying to be able to spend money knowing it's not going to be devalued like crazy any time soon.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: coinableS on June 28, 2015, 03:06:42 PM Yes. My wife and I are going to Vegas next week. I am going to move a coin to my Mycellium phone app in hopes of being able to spend it, I'm sure there will be somewhere that will accept it. :)
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: jayce on June 28, 2015, 03:08:10 PM I will buy everything I need with bitcoin, like using fiat. It is an easy question. I think the better question is, how we use bitcoin in a country where bitcoin don't be accepted there.
But if it was accepted in everywhere, bitcoin has a problem with its volatility, which price of the stuff will change everyday and make us confused about it. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: thebenjamincode on June 28, 2015, 03:24:36 PM i would probably use it at mcdonalds since i frequently eat there and also i would use it for my online business
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: twats on June 28, 2015, 03:26:51 PM Cash is used everywhere and we're using it right?
So answer is yes, I would use it. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: damiano on June 28, 2015, 03:29:29 PM Yes sure I would use it, that would be awesome and exactly what I have been waiting on for so long, I'm sure the day will come. Cut up the cards and get paid and spend bitcoin, getting out from the bankers trap is what it is all about for me.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: LFC_Bitcoin on June 28, 2015, 03:47:37 PM If BTC was accepted everywhere we'd all be rich & it'd make no sense whatsoever to ever use fiat again.
If BTC was accepted everywhere the price would most likely go to the moon due to there being a limited supply of coins & we'd be able to live a very nice life without using fiat again (providing you have a nice BTC stash). The ultimate dream is for BTC to be accepted everywhere. To answer the question in the OP's header if BTC was used everywhere (providing the price reflected that it could be used everywhere) I'd buy property/real estate. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: letyouearn on June 28, 2015, 03:53:46 PM No doubt. I will use it for sure. If this really happened in future, btc prices may goes higher and higher . I am also trying to introduce the bitcoin to my home town so that more and more peoples can take interest in it and use them for their online business and real business too.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: WhatTheGox on June 28, 2015, 03:57:58 PM I am curious as to why and who would use bitcoin if it was accepted everywhere. I know it would be great for everyone who has invested into bitcoin, but if it was just as accepted as money would you still be as inclined to use it? If you have a business that involves bitcoin or you have some sort of exchange then I can see it being a great thing for demand, but why would you use it if you could just as easily use fiat money? Many of us would have something like 90% net work in bitcoin if everyone accepted it other night. You would have to use it to live your new richer lifestyle. You cant spend anything when you are gone remember. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: acid_rain on June 28, 2015, 03:58:37 PM BTC will be accepted anywhere soon. It will be picked up by a major ewallet like Skrill for online transactions and they'll run with it.
Fiverr.com prospered greatly since it added BTC to its payment solutions. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Beliathon on June 28, 2015, 04:00:34 PM I already use it.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: jonald_fyookball on June 28, 2015, 04:03:19 PM I am curious as to why and who would use bitcoin if it was accepted everywhere. I know it would be great for everyone who has invested into bitcoin, but if it was just as accepted as money would you still be as inclined to use it? If you have a business that involves bitcoin or you have some sort of exchange then I can see it being a great thing for demand, but why would you use it if you could just as easily use fiat money? the 'why' use it is because I'm sick and tired of central bankers getting rich off everyone else and inflating our money. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Cearea11 on June 28, 2015, 04:10:33 PM Right now the majority of people are not involved in BTC, so if it will be accepted everywhere we can have an advantage (no use exchange to buy/sell) and a disadvantage (a high number of people will know about BTC and they will start to trade with it, so faucets, sig. etc could be lost or pay a lower price). For me is better that the BTC spread start after 2020.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: bitcointumbling.com on June 28, 2015, 04:24:05 PM Some very interesting answers. I think as we come in to this crazy tech age as everything is becoming more focused on tech that it will find it's place in the future and I don't think everyone will use it, but I can see it becoming a popular thing in the future if nothing else comes along.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: sukamasoto on June 28, 2015, 04:27:30 PM If this happen, nothing more easily than carrying bitcoin on virtual wallet ( so we can't get robbed ) and purchase anything with one simple device with fast transaction. Just need I think it need more than to happen but it's still not possible as long as we have faith on bitcoin...
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: eerygarden on June 28, 2015, 04:37:32 PM If i could earn bitcoin i would spend it but i wouldnt buy bitcoin with the fees or markup involved in doing so just to use it because it would be cheaper to just use fiat. Presumably there is still an option to pay in fiat at the same price. I might do it once or twice for novelty value but ultimately i am going to choose the cheaper option.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: scarsbergholden on June 28, 2015, 04:42:08 PM this will begin happen by employers paying in bitcoin to all their workers and people will begin using it in the supermarket to the shopping mall.
but in general i would use it for everything no need to carry cash anymore, we would be able to pay anyone any amount just with our wallet on our phone or a plastic bitcoin card. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: leps on June 28, 2015, 04:46:42 PM what about fees?
if i can buy something for 300sat i thinks fees would be much more since min fee i saw is 10k sat.. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Auxi on June 28, 2015, 04:56:58 PM 10 minutes per block is too much time :-\
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: erikalui on June 28, 2015, 05:10:37 PM This question should be asked to those who have purchased bitcoins when the price was $1000 or $500. Their answer will definitely be no as bitcoins don't have a definite price but if the price was fixed or it wasa recognized currency like USD/EURO, I would definitely use it as it would only benefit me and I would not have to worry about the future price. Currently it's like buying shares/investing in forex where there is no surity of the price.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: adzino on June 28, 2015, 05:39:15 PM Prices arent stable right now. It's fluctuating a lot. So it wouldn't be a wise thing to convert all my fiat currency to Bitcoins.
But assuming that the price of bitcoins are very much stable with lesser fluctuation I would actually convert most of my money to Bitcoin. If bitcoin was then accepted anywhere i would actually use it everywhere. From restaurants to smaller shops. Just take out my smart phone and *ka-ching* Title: Re: If bitcoin was accepted everywhere would you use it? Post by: 1Referee on June 28, 2015, 05:51:11 PM what about fees? if i can buy something for 300sat i thinks fees would be much more since min fee i saw is 10k sat.. Not sure what you plan to buy for 300 sat, but you are not required to pay a single satoshi as fee. The only downside is that you have to wait longer than usual to get your tx confirmed. The 10K satoshi is just what is recommended. No one forces you to actually use it. If you buy something from a shop you won't notice much regarding fees. Merchants got them covered. Especially when the amount is low enough, they will most likely accept it even without a single confirmation. OP; For sure! It will be amazing to pay for every day things with Bitcoin. ;D Title: Re: If bitcoin was accepted everywhere would you use it? Post by: bryant.coleman on June 28, 2015, 06:07:23 PM I'll use them if the fees is reasonable. I am ready to pay $1 as a fee, if I purchase $100 worth of goods. But what bothers me is the confirmation time. Sometimes it takes up to 30 minutes for the transaction to get confirmed, making Bitcoins useless for retail shopping. This is my main concern, and if anyone is having a solution for it, then I am ready to cancel my credit card. ;D
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: dezoel on June 28, 2015, 06:14:14 PM I use it now, though in my country not yet fully accepted.., :)
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: bitcointumbling.com on June 28, 2015, 06:26:35 PM I think certain aspects of bitcoin might not work like what OP said about retail shops and such, but I hope it does go mainstream as that would be pretty cool to have my bitcoin on my phone and just not need to worry about any cash or cards in my wallet.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: batesresearch on June 28, 2015, 06:35:20 PM I would definitely use it as much as I could, yes FIAT is easier but only because we are all used to it. My monthly bills would all be paid in bitcoin, my fuel bill and wages I pay out.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: erikalui on June 28, 2015, 06:38:40 PM I'll use them if the fees is reasonable. I am ready to pay $1 as a fee, if I purchase $100 worth of goods. But what bothers me is the confirmation time. Sometimes it takes up to 30 minutes for the transaction to get confirmed, making Bitcoins useless for retail shopping. This is my main concern, and if anyone is having a solution for it, then I am ready to cancel my credit card. ;D The fees is something I din't think of earlier. Currently I am paying 12.5% taxes on all my bills/goods. Paying for them in BTC would be a relief. The confirmation of transactions is an issue though. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: ikydesu on June 28, 2015, 07:04:06 PM I am curious as to why and who would use bitcoin if it was accepted everywhere. I know it would be great for everyone who has invested into bitcoin, but if it was just as accepted as money would you still be as inclined to use it? If you have a business that involves bitcoin or you have some sort of exchange then I can see it being a great thing for demand, but why would you use it if you could just as easily use fiat money? Of course, i will, it's very excited if bitcoin become the payment system which everyone accepted, a lot people will understand about the technology. Yes maybe it easy to use fiat but with bitcoin, you don't need to pay more fees, taxes(several country use bitcoin taxes CMIIW), fast transaction than fiat. ~iki Title: Re: If bitcoin was accepted everywhere would you use it? Post by: QuestionAuthority on June 28, 2015, 07:09:14 PM We use it already and it's not accepted everywhere. Of course we would use it everywhere. You need to ask this question off the forum to see if there are people that would become Bitcoin users if it could be used like cash or card.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: twister on June 28, 2015, 07:10:09 PM I would prefer to use it everywhere, but then it would require either more secure mobile wallets or something like bitsim because I don't think I would want to carry my laptop with me everywhere I go shopping.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: kepo07 on June 28, 2015, 07:14:25 PM In my country i think it will not be possible that bitcoin will used every where. If it could be possible then i will surely use btc everywhere in my every day life. I will make money from signature campaign and use them in cafe ;)
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: PolarPoint on June 28, 2015, 07:19:05 PM If bitcoin is accepted everywhere, I would definitely buy use it and buy more. But I would not use it everywhere. Credit card is accepted almost everywhere and I still use cash because it's much faster and easier refund. When I have a choice of different payment methods, I would select which is the more convenient for me at that time.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Chef Ramsay on June 28, 2015, 07:24:22 PM Yes. My wife and I are going to Vegas next week. I am going to move a coin to my Mycellium phone app in hopes of being able to spend it, I'm sure there will be somewhere that will accept it. :) Take her to get a great meal at Joe Vicari's Andiamo Italian Steakhouse at The D. They should accept bitcoin since the hotel does.Title: Re: If bitcoin was accepted everywhere would you use it? Post by: randy8777 on June 28, 2015, 08:14:33 PM like most bitcoiners i would be extremely happy to use my coins everywhere. at this point it's more of a dream, but it's definitely not impossible.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Meuh6879 on June 28, 2015, 08:47:10 PM I am curious as to why and who would use bitcoin if it was accepted everywhere. Lunch, food and gas. I wait for this since a long time ... but merchands are cold for Bitcoin. :-\ Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Hazir on June 28, 2015, 09:39:54 PM If I could pay for everything and everyone would accept it, then I will immediately quit feeding my Bank (no more fees for you bastards), give them back my credit card, exchange 90% of my money to BTC.
There is no way that EVERYONE will accept it because it is impossible from the technical point of view. Not every place has access to internet. Even radio or satellite is out of the question for some places. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: deon on June 29, 2015, 11:12:49 AM I would use it everywhere if I could. I believe prices would be cheaper as a result of it too. So many people willing to fraudulently charge back with other types of payment.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Herbert2020 on June 29, 2015, 11:20:28 AM I am curious as to why and who would use bitcoin if it was accepted everywhere. yeah, i would use bitcoin as payment if it is accepted everywhere. for instance if Amazon starts accepting bitcoin, i would gladly buy stuff with my bitcoins.I know it would be great for everyone who has invested into bitcoin, but if it was just as accepted as money would you still be as inclined to use it? If you have a business that involves bitcoin or you have some sort of exchange then I can see it being a great thing for demand, but why would you use it if you could just as easily use fiat money? and if i had a business , because i believe in bitcoin i surely would include bitcoin as a payment service in my business Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Yeah? on June 29, 2015, 11:40:37 AM Why wouldn't we use it? One of my dreams is to be able to spend bitcoin on anything I want and around the world. I think bitcoin will grow slowly over the next 2-5 years but maybe within a decade we will be able to spend bitcoin at most places.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: BitcoinNewbie15 on June 29, 2015, 12:15:25 PM If my wage was entirely converted into Bitcoin, then I would happily use Bitcoin everywhere that accepts it. I would be amazed if I would be able to go to a grocery story or supermarket and pay for everything with Bitcoin. It would even be just as awesome if I could pay for an entire meal at restaurants with Bitcoin. However, I believe that this is a long ways off unfortunately.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: CEG5952 on June 29, 2015, 12:19:05 PM Well I'd buy my basic needs. Simple question needs simple answers. Also I'd buy and sell items via bitcoin. Collect rare items and pay them with bitcoins. Maybe invest in real estate using bitcoins.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: johnyj on June 29, 2015, 12:39:13 PM The biggest problem towards mass adoption is that people's income is not received in bitcoin
In today's fiat money system, many large projects were setup with loan of fiat money, and then money trickle down level by level, so that every employee receive fiat money as income in the end If you want to use bitcoin everywhere, then only the bitcoin accepting entrepreneurs have the ability to create bitcoin income (And those income are still small part of their main business), they have to actively spend the bitcoin as salary and purchasing from lower supplier to make it circulate However, due to anti-inflation nature of bitcoin, everyone who get bitcoin will hoard at least half of them, thus after several hand changing, there is essentially nothing left in circulation. Because people are not forced to use bitcoin, when bitcoin is not enough for the transaction, they will consider some other alternatives. In fact, they are more likely to spend fiat money which is dropping in value all the time, and there is never a shortage of fiat money Of course, many years down the road, when many people have hoarded enough bitcoins as saving, they will start to spend constantly, since their income will be coming from bitcoin's appreciation, that will be the mass adoption time Title: Re: If bitcoin was accepted everywhere would you use it? Post by: eerygarden on June 29, 2015, 12:40:58 PM Well I'd buy my basic needs. Simple question needs simple answers. Also I'd buy and sell items via bitcoin. Collect rare items and pay them with bitcoins. Maybe invest in real estate using bitcoins. Surely your government would require the purchase to be made in your local currency with regards to real estate. Sure enough you could just make a bitcoin transaction in return for the keys from the current owner but if you don't pay the taxes your government expects it wont take long before they come knocking. I don't think we own any property, it all belongs to the state, we are just responsible for the upkeep and are afforded 'quiet enjoyment' with the assistance of the police and the courts if we adhere to the states rules.Title: Re: If bitcoin was accepted everywhere would you use it? Post by: ticoti on June 29, 2015, 12:41:00 PM Of course, because I receive some income in bitcoin and I would be please to spend it with just my mobile phone
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: HeroCat on June 29, 2015, 01:24:20 PM If BTC would be accepted everywhere, more or less everyone will use it ;) It is clear ;D
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: ThEmporium on June 29, 2015, 01:29:38 PM Obsolutely, I will be the first person to use it always and anywhere in my routine life, so much so I am waiting curiously for such day when the Bitcoin digital currency accepted everywhere, be it hotels, airports, restaurants, shopping malls and Railways.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: neurotypical on June 29, 2015, 03:07:21 PM The main reasons people don't use it as much:
1) Lack of merchants 2) Feels like you are paying with something that will be way more valuable in the future (hence a lot of people use it as a storage of wealth) 3) Hard to get (unless you directly convert fiat to BTC to buy stuff that you can already buy with fiat except in non regular situations, which beats the purpose of having it always ready and quick. This will be solved the day salaries are paid in BTC). Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Erza on June 29, 2015, 04:23:46 PM Ohhh Yesss...! Of course I would use it, that would be awesome and exactly what I have been waiting on for so long, I'm sure the day will come. Cut up the cards and get paid and spend bitcoin, getting out from the bankers trap is what it is all about for me. I not like banking high tax system at all because if want to transection some other countries money needs a lot of fee which is completely unacceptable for that I want bit coins should be available all over the world for can do any kinds of transection, buying, marketing facilities should be very easier than banking systems.... If later bitcoin is accepted everywhere there will be some tax or some transaction fee so it will be the same as one banking system so whats the different using bank and bitcoin except for the high speed transaction? And btw did you have enough bitcoin to spend for your entire life? I dont think people will have this much if this world accept bitcoin as their method of payment Title: Re: If bitcoin was accepted everywhere would you use it? Post by: SmartIphone on June 29, 2015, 04:58:27 PM Why not using it everywhere when it is accepted? Definitely yes.
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Title: Re: If bitcoin was accepted everywhere would you use it? Post by: ifightformerkel on June 29, 2015, 06:56:29 PM I would you is everywhere, the most on amazon.
But i would buy also my new car with bitcoins and all my bills. When the point come that bitcoin is accepted everywhere, than everyone will be rich here. ;D Title: Re: If bitcoin was accepted everywhere would you use it? Post by: ikydesu on June 29, 2015, 07:03:49 PM Ohhh Yesss...! Of course I would use it, that would be awesome and exactly what I have been waiting on for so long, I'm sure the day will come. Cut up the cards and get paid and spend bitcoin, getting out from the bankers trap is what it is all about for me. I not like banking high tax system at all because if want to transection some other countries money needs a lot of fee which is completely unacceptable for that I want bit coins should be available all over the world for can do any kinds of transection, buying, marketing facilities should be very easier than banking systems.... If later bitcoin is accepted everywhere there will be some tax or some transaction fee so it will be the same as one banking system so whats the different using bank and bitcoin except for the high speed transaction? And btw did you have enough bitcoin to spend for your entire life? I dont think Logically maybe yes, the gov will take a taxes for bitcoin, but It's depends on the gov right? In my country there are no tax for bitcoin, although you use for the payment. No currency is accepted everywhere, but bitcoin is accepted everywhere I will shop. This is one of the advantages use bitcoin ;D ~iki Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Towlie on June 29, 2015, 07:08:20 PM Why not using it everywhere when it is accepted? Definitely yes. Well some people still might not want to spend their coins but instead hold them as an investment. I personally want to hold for a while then when they've risen in value I will happily spend them. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Amph on June 29, 2015, 07:11:32 PM Why not using it everywhere when it is accepted? Definitely yes. Well some people still might not want to spend their coins but instead hold them as an investment. I personally want to hold for a while then when they've risen in value I will happily spend them. one could argue that bitcoin will not see a good price until it is accepted everywhere, so there is no reason to hold at that point, and also holding for what when you can pay directly in bitcoin? there is no reason for dumping anymore when bitcoin will achieve fully adoption this was the whole point of bitcoin after all Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Kazimir on June 29, 2015, 08:07:34 PM Yes, of course. I'm already using it now as much as I can, why the hell would anyone not use it.
Seriously, if you're into Bitcoin but not using it, you need to put some thought in exactly what development or series of events do you expect will cause Bitcoin to actually take of and go mainstream. If it ain't using it (and that's up to YOU, bitcoin fans) then what is? Title: Re: If bitcoin was accepted everywhere would you use it? Post by: SmartIphone on June 29, 2015, 11:09:13 PM Why not using it everywhere when it is accepted? Definitely yes. Well some people still might not want to spend their coins but instead hold them as an investment. I personally want to hold for a while then when they've risen in value I will happily spend them. one could argue that bitcoin will not see a good price until it is accepted everywhere, so there is no reason to hold at that point, and also holding for what when you can pay directly in bitcoin? there is no reason for dumping anymore when bitcoin will achieve fully adoption this was the whole point of bitcoin after all Maybe now is freedom without taxes isnt it ? Bitcoin price is going up why not using it everywhere :) Title: Re: If bitcoin was accepted everywhere would you use it? Post by: afriezalie on June 30, 2015, 02:03:37 AM Maybe my wallet have been fat when it's happened ;D. I would use it to buy some stuffs from shop or games from steam if bitcoin was accepted everywhere. I don't have to think about FIAT exchange rate and exchange free like today. So, why not? I would use bitcoin even when it's accepted everywhere.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: pooya87 on June 30, 2015, 03:31:58 AM I am curious as to why and who would use bitcoin if it was accepted everywhere. absolutely yes. i would love to see some services especially online ones like Amazon, Ebay, (and personally like) steam to start accepting bitcoin and then i would be one of the first people who would buy with bitcoin there.I know it would be great for everyone who has invested into bitcoin, but if it was just as accepted as money would you still be as inclined to use it? If you have a business that involves bitcoin or you have some sort of exchange then I can see it being a great thing for demand, but why would you use it if you could just as easily use fiat money? but on the other hand i will always have my investment for long term put aside because of the volatile price. and continue using it as an investment and do my exchanges for profit Title: Re: If bitcoin was accepted everywhere would you use it? Post by: bitbaby on June 30, 2015, 07:42:47 AM If this were to happen it would be a dream come true for every bitcoiner but realistically for something like this to happen Bitcoin first of all would need to get legal status and it won't be without imposing certain restrictions, government won't give away their control to a decentralized currency. I think firstly we should convince more and more companies who conduct their business online to accept bitcoin, once we are able to achieve that then we can think of getting it accepted to local retail stores.
But to answer your question, I try to find shops with bitcoin when I am looking to buy something and if someday it is possible I would love to purchase everything with BTC. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: ragi on June 30, 2015, 09:25:02 AM If I get paid in BTC I will spend it. It will be much easier for me.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Q7 on June 30, 2015, 12:41:55 PM Of course. I don't think there's any reason why I shouldn't. It is what everybody is waiting for.... for bitcoin to be accepted mainstream and it means going anywhere and you can actually spend your coins at every shop and outlet. The thing which I can imagine most convenient is when you are traveling to any country and that you don't need to carry different types of currency with you.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: cryptojumper on June 30, 2015, 01:05:35 PM I am curious as to why and who would use bitcoin if it was accepted everywhere. I know it would be great for everyone who has invested into bitcoin, but if it was just as accepted as money would you still be as inclined to use it? If you have a business that involves bitcoin or you have some sort of exchange then I can see it being a great thing for demand, but why would you use it if you could just as easily use fiat money? Transaction times are a bit too slow for mass adoption at the moment and we all here still need to get rich so it's more of an investment right now. After this I'm going to use my valuable satoshies for basically everything to stay away from controlled banking system.. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: drugs on June 30, 2015, 01:14:28 PM I am curious as to why and who would use bitcoin if it was accepted everywhere. I know it would be great for everyone who has invested into bitcoin, but if it was just as accepted as money would you still be as inclined to use it? If you have a business that involves bitcoin or you have some sort of exchange then I can see it being a great thing for demand, but why would you use it if you could just as easily use fiat money? Transaction times are a bit too slow for mass adoption at the moment and we all here still need to get rich so it's more of an investment right now. After this I'm going to use my valuable satoshies for basically everything to stay away from controlled banking system.. How are transaction times slow? They're instant. Confirmation times don't really matter. Once you've sent your money it's as good as sent/recieved. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Herbert2020 on June 30, 2015, 01:20:36 PM I am curious as to why and who would use bitcoin if it was accepted everywhere. I know it would be great for everyone who has invested into bitcoin, but if it was just as accepted as money would you still be as inclined to use it? If you have a business that involves bitcoin or you have some sort of exchange then I can see it being a great thing for demand, but why would you use it if you could just as easily use fiat money? Transaction times are a bit too slow for mass adoption at the moment and we all here still need to get rich so it's more of an investment right now. After this I'm going to use my valuable satoshies for basically everything to stay away from controlled banking system.. How are transaction times slow? They're instant. Confirmation times don't really matter. Once you've sent your money it's as good as sent/recieved. and i think that is an issue right now because a shop has to wait at least 5 minute and at worst half an hour to get confirmation (really receive the money in his pocket). otherwise there is the risk of double spend of 0 confirmations. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: jubalix on June 30, 2015, 01:56:54 PM there is a hard core of church of HODL...and BTC has become my precious to them....they probably will never be able to bring themselves to ever sell a BTC for anything....which are essentially lost coins.
The Psych to HODL no matter what has this carry on effect inmho Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Kapz786 on July 01, 2015, 12:08:23 AM Yes of course, I'd use bitcoin more than I use dollars. :D But bitcoin would only get more accept if there's a bigger demand in the market, and everyone is willing to try this new piece of technology that they never seen before. I would for sure spend more time to invest in bitcoin if it was accepted in McDonald for example. That means I don't even have to carry a wallet when I go out, just a bitcoin debit/master card. I wish this would happen some day. :)
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: knowhow on July 01, 2015, 01:16:35 AM well my business would accept them for sure low fees and didnt need to declare them ,with fiat we must say we earned xxx ammount on that day.... with bitcoin we dont need those soo is free money to be spent at other comerce.Im sure there isnt no one where i live that use it but till end of the year i will accept bitcoin as payment but im not expecting people to know it ,they will ask about it im pretty sure .Soo maybe i can bring some new member into bitcoin world
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: MicroGuy on July 01, 2015, 03:15:02 AM I am curious as to why and who would use bitcoin if it was accepted everywhere. Very few 'buyers of bitcoin' will ever use Bitcoin to make traditional purchases, even if it's accepted everywhere. And here's why ... Not a single person on this forum has been able to provide an "intelligent" explanation as to why a consumer would willingly and regularly take an extra step to make a purchase. Why would my next door neighbor go to the trouble to buy BTC to make a purchase when he could have already made the same purchase using the debit card in his pocket. What is his motivation for taking that extra step? Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Brewins on July 01, 2015, 03:48:05 AM Why wouldn't I use ???
Now I have to pay withdraw fees and withdraw the money from bank when I'm going to use it, if I would able to use BTC directly things would be simpler and better for me Title: Re: If bitcoin was accepted everywhere would you use it? Post by: QuestionAuthority on July 01, 2015, 03:57:45 AM I am curious as to why and who would use bitcoin if it was accepted everywhere. Very few 'buyers of bitcoin' will ever use Bitcoin to make traditional purchases, even if it's accepted everywhere. And here's why ... Not a single person on this forum has been able to provide an "intelligent" explanation as to why a consumer would willingly and regularly take an extra step to make a purchase. Why would my next door neighbor go to the trouble to buy BTC to make a purchase when he could have already made the same purchase using the debit card in his pocket. What is his motivation for taking that extra step? Because if I use my debit card to buy heroin online they'll know who I really am. My favorate edible panties store only takes Bitcoin. Contract assassins give 2% cash back for Bitcoin. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Brewins on July 01, 2015, 04:02:30 AM I am curious as to why and who would use bitcoin if it was accepted everywhere. Very few 'buyers of bitcoin' will ever use Bitcoin to make traditional purchases, even if it's accepted everywhere. And here's why ... Not a single person on this forum has been able to provide an "intelligent" explanation as to why a consumer would willingly and regularly take an extra step to make a purchase. Why would my next door neighbor go to the trouble to buy BTC to make a purchase when he could have already made the same purchase using the debit card in his pocket. What is his motivation for taking that extra step? Because if I use my debit card to by heroin online they'll know who I really am. My favorate edible panties store only takes Bitcoin. Contract assassins give 2% cash back for Bitcoin. Don't try to make people think that BTC is only good for illegal stuff... Not every seller is able to accept credit card because I myself would have no idea how to use it if I wanted to do small sells , but I know it would be expensive. And Bitcoin makes possible people earn money by ways that would not be possible or would be too difficult before the Bitcoin era, and they need to spend the money sometimes{I myself face this problem} Title: Re: If bitcoin was accepted everywhere would you use it? Post by: BIT-Sharon on July 01, 2015, 05:56:49 AM It will be used by poor people than rich ones, rich ones would use it more for profit.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: BADecker on July 01, 2015, 06:04:57 AM If Bitcoin were accepted everywhere, of course we would use it. There wouldn't be any fiat around to use.
:) Title: Re: If bitcoin was accepted everywhere would you use it? Post by: JarvisTechnology on July 01, 2015, 06:36:35 AM I'd sell my fiats for bitcoin when it happen ;D If bitcoin use everywhere,I will definitely use it ,it's good to have our own bank.It will become easy to use,as of now Bitcoin ATM is also their to convert bitcoin into local currency anywhere through the world. It is easy to hold and use it's debit card.Bitcoin is completely have a saver side with our own risk(because of private key stolen or loss)I could bring my smartphone anywhere for payment with bitcoin, make online payment with bitcoin, etc Also, finally i could prove to my family & friends that bitcoin is the future :D Title: Re: If bitcoin was accepted everywhere would you use it? Post by: rubberbandloser on July 01, 2015, 06:55:51 AM I would. Easier than straightening out lining up my dollars. I would really like to pay for my gas with it. And not have to worry about some skimmer stealing my credit card number.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Xialla on July 01, 2015, 06:57:50 AM I would for sure. Even I tried it personally only couple of times to pay for physical assets like coffee, it was every time comfortable and cool. I hope, that this moment will sometimes come..:)
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Amph on July 01, 2015, 07:53:29 AM I am curious as to why and who would use bitcoin if it was accepted everywhere. Very few 'buyers of bitcoin' will ever use Bitcoin to make traditional purchases, even if it's accepted everywhere. And here's why ... Not a single person on this forum has been able to provide an "intelligent" explanation as to why a consumer would willingly and regularly take an extra step to make a purchase. Why would my next door neighbor go to the trouble to buy BTC to make a purchase when he could have already made the same purchase using the debit card in his pocket. What is his motivation for taking that extra step? Because if I use my debit card to by heroin online they'll know who I really am. My favorate edible panties store only takes Bitcoin. Contract assassins give 2% cash back for Bitcoin. what if you cash at your atm and you use cash to by eroine? not much different than doing it in bitcoin, but i think worse, because no one will know how you used those little money I am curious as to why and who would use bitcoin if it was accepted everywhere. Very few 'buyers of bitcoin' will ever use Bitcoin to make traditional purchases, even if it's accepted everywhere. And here's why ... Not a single person on this forum has been able to provide an "intelligent" explanation as to why a consumer would willingly and regularly take an extra step to make a purchase. Why would my next door neighbor go to the trouble to buy BTC to make a purchase when he could have already made the same purchase using the debit card in his pocket. What is his motivation for taking that extra step? bears in mind that the OP is talking about a scenario where the wage is payed directly in bitcoin, so you don't need to buy any bitcoin, this is the real difference and that's the only advantage that fiat have over bitcoin right now if it wasn't for that stupid advantages bitcoin would be a far better choice than any fiat garbage Title: Re: If bitcoin was accepted everywhere would you use it? Post by: QuestionAuthority on July 01, 2015, 09:19:11 AM I am curious as to why and who would use bitcoin if it was accepted everywhere. Very few 'buyers of bitcoin' will ever use Bitcoin to make traditional purchases, even if it's accepted everywhere. And here's why ... Not a single person on this forum has been able to provide an "intelligent" explanation as to why a consumer would willingly and regularly take an extra step to make a purchase. Why would my next door neighbor go to the trouble to buy BTC to make a purchase when he could have already made the same purchase using the debit card in his pocket. What is his motivation for taking that extra step? Because if I use my debit card to by heroin online they'll know who I really am. My favorate edible panties store only takes Bitcoin. Contract assassins give 2% cash back for Bitcoin. Don't try to make people think that BTC is only good for illegal stuff... Not every seller is able to accept credit card because I myself would have no idea how to use it if I wanted to do small sells , but I know it would be expensive. And Bitcoin makes possible people earn money by ways that would not be possible or would be too difficult before the Bitcoin era, and they need to spend the money sometimes{I myself face this problem} So you don't think it's even mildly curious that when Silk Road is alive and well, no one is afraid to do illegal stuff with Bitcoin because they think they're anonymous, Pirate's Ponzi is running and illegal stock offerings are everywhere Bitcoin had a 15 billion market cap and the price was climbing daily. Then the sheriff came to town, killed all the train robbers, made them realize they're not anonymous, started applying the law to LBC and woke everyone up, Bitcoins market cap dropped to 3 billion and the price is more stable than a loaf of bread since that happened. Sorry, but that's a little too coincidental for me. The volume you see now is mostly normal legal trade. That sucks. I want Bitcoin to soar again because I'm holding a bunch of them. A place for everything and everything in its place. There's nothing wrong with Bitcoin filling the illegal market niche. Let's face it, it's easy for everyone to buy legal things with their current payment method. They don't need to change. People are naturally lazy and if they don't need to do something they usually won't. The desire for illegal items gave people a real need to use Bitcoin. Isn't that what we all want? Title: Re: If bitcoin was accepted everywhere would you use it? Post by: knowhow on July 01, 2015, 01:26:48 PM we should be avaible to spend our money wherever we want without show i bought a drug,a gun..... but is more safest to know what we spend our money at to avoid a massacre,and all insane people..and yes they need to think on the fee the bank will take from them soo bitcoin take a fee soo low that both win,who buy and who sell.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: mistercoin on July 01, 2015, 02:48:16 PM Why wouldn't you? I don't think Satoshi was too worried about it being too accepted ;)
IMO decentralization of currency and pretty much anything, puts the power of the worlds system in the hands of the people. In a perfect future, this would be a vital part of life. In a perfect future... Title: Re: If bitcoin was accepted everywhere would you use it? Post by: dblink on July 01, 2015, 02:56:00 PM Why wouldn't you? I don't think Satoshi was too worried about it being too accepted ;) I understand what is your point, however regards to the perfect future, there is nothing perfect in this world, perfection comes within us, it is based on our planning and intellectual thoughts, if we apply our sincere thoughts in any sectors, we could find the preferred future what we expect our life to be, hope you wouldn't take it as criticize rather than it is just my own thoughts regards to this.IMO decentralization of currency and pretty much anything, puts the power of the worlds system in the hands of the people. In a perfect future, this would be a vital part of life. In a perfect future... Title: Re: If bitcoin was accepted everywhere would you use it? Post by: mistercoin on July 01, 2015, 02:57:38 PM Why wouldn't you? I don't think Satoshi was too worried about it being too accepted ;) I understand what is your point, however regards to the perfect future, there is nothing perfect in this world, perfection comes within us, it is based on our planning and intellectual thoughts, if we apply our sincere thoughts in any sectors, we could find the preferred future what we expect our life to be, hope you wouldn't take it as criticize rather than it is just my own thoughts regards to this.IMO decentralization of currency and pretty much anything, puts the power of the worlds system in the hands of the people. In a perfect future, this would be a vital part of life. In a perfect future... The phrase "a perfect future" implies exactly what you just said. There never will be a 'perfect future', it is just a figure of speech to describe the utmost best scenario. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: lucaspm98 on July 01, 2015, 04:31:17 PM Of course, who on here honestly wouldn't? At this early stage bitcoin is already easier to use for many online transactions.
Even in person it is more secure than cash, and harder to lose if you take the security seriously. Bitcoin is an important step towards the death of fiat currency, when people begin to wake up about the uselessness of manipulated and inflated paper currency they will turn to something else whether it is bitcoin, gold, or some other store of value. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: manselr on July 01, 2015, 05:40:56 PM Of course, who on here honestly wouldn't? At this early stage bitcoin is already easier to use for many online transactions. I don't think it will replace fiat, unfortunately people is too dumb and will use whatever is issued officially by governments. It will for sure tho, become the greatest way to preserve and move wealth outside of a government pegged currency, which means it will basically replace gold.Even in person it is more secure than cash, and harder to lose if you take the security seriously. Bitcoin is an important step towards the death of fiat currency, when people begin to wake up about the uselessness of manipulated and inflated paper currency they will turn to something else whether it is bitcoin, gold, or some other store of value. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: RustyNomad on July 01, 2015, 05:59:11 PM Personally YES. The main reason for that being that it puts me in control.
I went through a very bad patch with a business going under and battled to get back on my feet again. When the **** hit the fan my bank accounts were either frozen or closed without any notice and it took me close on a year and a half to get all my funds released. Cost me a bucket load in legal fees as well. When all was said and done the bank just said sorry and offered to open all my account again, that after I lived like a vagrant for almost 2 years. In all that time I had to operate with cash only as I could not get a bank account opened. Best I could get was a basic savings account with either no debit card and or one that could not be used online and or for nothing else but retail purchases etc... so basically what I always called a 'kiddy' account. Long story short: I no longer have to ask, beg and or plead with anybody to open an account and then wait days for approval. I just create a new wallet. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: knowhow on July 01, 2015, 10:01:39 PM well bitcoin will become avaible in shops on the next years its a question of time,low business will accept it then medium and then the big ones soo we would be able to spend our bitcoin as we do with fiat.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: eerygarden on July 01, 2015, 10:28:28 PM well bitcoin will become avaible in shops on the next years its a question of time,low business will accept it then medium and then the big ones soo we would be able to spend our bitcoin as we do with fiat. What will motivate small businesses in to accepting bitcoin?Title: Re: If bitcoin was accepted everywhere would you use it? Post by: tommorisonwebdesign on July 01, 2015, 10:37:44 PM I would definitely use Bitcoin everywhere is it were acceprted everywhere. I would get rid of my credit and debit cards and not use cash anymore. I end up paying a lot of fees at the banks and that is one thing I cannot stand about them. It would save us all a hell of a lot of money if the world switched over to Bitcoin.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Xialla on July 01, 2015, 10:41:33 PM even I said yes earlier in this thread, after 140 minutes of waiting today with default electrum fee, I'm changing my statement to "after bigger blocks will be in place"..
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: lorylore on July 01, 2015, 10:54:24 PM I would start trade bitcoin and use it everywhere i need to spent. Just need the tx. be faster than now
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: cryptworld on July 02, 2015, 01:09:52 AM Of course!
As I have some income,I would like to spend it, but there are not many sites where I can spend it in a good way Title: Re: If bitcoin was accepted everywhere would you use it? Post by: BrianM on July 02, 2015, 01:13:30 AM My favorite thing to spend money on already accept bitcoin: gambling.
So now I just need to be able to buy booze and hookers with bitcoin, then is all good ;D Title: Re: If bitcoin was accepted everywhere would you use it? Post by: knowhow on July 02, 2015, 10:24:03 AM well bitcoin will become avaible in shops on the next years its a question of time,low business will accept it then medium and then the big ones soo we would be able to spend our bitcoin as we do with fiat. What will motivate small businesses in to accepting bitcoin?well is very easy the fee that whoo sell pays to banks when receives money from credit or debit,most people nowadays doesnt use fiat directly they prefer use the card already more secure. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Amph on July 02, 2015, 10:49:58 AM My favorite thing to spend money on already accept bitcoin: gambling. So now I just need to be able to buy booze and hookers with bitcoin, then is all good ;D i think hoolers are already accepting bitcoin, if they don't is because they don't know about it, but i'm sure that if you tell them about bitcoin, they would accept it immediately, everything that has some anonimity like cash is welcome for those ladies Title: Re: If bitcoin was accepted everywhere would you use it? Post by: eerygarden on July 02, 2015, 11:02:06 AM well bitcoin will become avaible in shops on the next years its a question of time,low business will accept it then medium and then the big ones soo we would be able to spend our bitcoin as we do with fiat. What will motivate small businesses in to accepting bitcoin?well is very easy the fee that whoo sell pays to banks when receives money from credit or debit,most people nowadays doesnt use fiat directly they prefer use the card already more secure. The difference in fee has existed for some time. It hasn't been enough to motivate small business (perhaps a handful) as of yet so what is the spark this time? Title: Re: If bitcoin was accepted everywhere would you use it? Post by: knowhow on July 02, 2015, 10:10:48 PM well Brazil has 150 stores already accepting it ,here isnt a big thing but is one step taken into put bitcoin on the right place i will allow it as well on my business but i doubt anyone at my city knows bitcoin anyway you need to offer the service and keep it for a long or medium
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: knowhow on July 02, 2015, 11:37:35 PM people always claim from transactions be slow but did anyone of you made a transaction and those didnt completed?
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: cakir on July 02, 2015, 11:40:20 PM Probably no.
Most of us are kinda Anarchists, So If the system tries to make us to use Bitcoins then no. I'm kidding of course I'll use it. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: TheMystic on July 02, 2015, 11:49:01 PM I would absolutely use it. I already use it as much as possible.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: teddy5145 on July 03, 2015, 02:49:16 AM Too bad the chances of bitcoin getting accepted everywhare is very slim :P
There are some nation that already denied the usage of bitcoin (China is one of them) But, if somehow Bitcoin managed to be accepted everywhere i would definitely use it :D Title: Re: If bitcoin was accepted everywhere would you use it? Post by: talkbitcoin on July 03, 2015, 07:38:15 AM I am curious as to why and who would use bitcoin if it was accepted everywhere. yes, i would!I know it would be great for everyone who has invested into bitcoin, but if it was just as accepted as money would you still be as inclined to use it? If you have a business that involves bitcoin or you have some sort of exchange then I can see it being a great thing for demand, but why would you use it if you could just as easily use fiat money? Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Amph on July 03, 2015, 07:57:54 AM Too bad the chances of bitcoin getting accepted everywhare is very slim :P There are some nation that already denied the usage of bitcoin (China is one of them) But, if somehow Bitcoin managed to be accepted everywhere i would definitely use it :D not true, china use bitcoin for trading "Trading bitcoins by individuals is however legal in China" they seems to have locked some exchange in the past but that's it, i think they will change their mind in the end like russia did Title: Re: If bitcoin was accepted everywhere would you use it? Post by: knowhow on July 03, 2015, 01:47:55 PM Too bad the chances of bitcoin getting accepted everywhare is very slim :P There are some nation that already denied the usage of bitcoin (China is one of them) But, if somehow Bitcoin managed to be accepted everywhere i would definitely use it :D not true, china che use bitcoin for trading "Trading bitcoins by individuals is however legal in China" they seems to have locked some exchange in the past but that's it, i think they will change their mind in the end like russia did i didnt know china denied bitcoin,their country as i know hold the biggest farms of bitcoin and they have the biggest exchanges . Title: Re: If bitcoin was accepted everywhere would you use it? Post by: SOAD on July 03, 2015, 01:51:56 PM If bitcoin was accepted everywhere would you use it?
Hard to say and depends on where bitcoin is at value-wise then. I think the end goal is to be able to spend bitcoin anywhere and hopefully around the globe but I think bitcoin is undervalued currently so would like to get more purchasing power for my coins. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Herbert2020 on July 03, 2015, 01:59:03 PM If bitcoin was accepted everywhere would you use it? but i think by the time bitcoin is being accepted everywhere , the price is at an stable stage too. besides being accepted everywhere means that you can get paid in bitcoin too .Hard to say and depends on where bitcoin is at value-wise then. I think the end goal is to be able to spend bitcoin anywhere and hopefully around the globe but I think bitcoin is undervalued currently so would like to get more purchasing power for my coins. so you can earn bitcoin and spend it just like what we are doing now with fiat. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: teddy5145 on July 03, 2015, 03:05:29 PM Too bad the chances of bitcoin getting accepted everywhare is very slim :P There are some nation that already denied the usage of bitcoin (China is one of them) But, if somehow Bitcoin managed to be accepted everywhere i would definitely use it :D not true, china use bitcoin for trading "Trading bitcoins by individuals is however legal in China" they seems to have locked some exchange in the past but that's it, i think they will change their mind in the end like russia did But still you said "Trading bitcoins by individuals is however legal in China" Does it mean Bitcoin trading made by company is illegal in china? i need some more info about this Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Amph on July 03, 2015, 04:51:38 PM Too bad the chances of bitcoin getting accepted everywhare is very slim :P There are some nation that already denied the usage of bitcoin (China is one of them) But, if somehow Bitcoin managed to be accepted everywhere i would definitely use it :D not true, china use bitcoin for trading "Trading bitcoins by individuals is however legal in China" they seems to have locked some exchange in the past but that's it, i think they will change their mind in the end like russia did But still you said "Trading bitcoins by individuals is however legal in China" Does it mean Bitcoin trading made by company is illegal in china? i need some more info about this read this https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country, apparently it was a thing of the past(2014), were some third party were not allowed to do business with bitcoin exchange, but it seems not true anymore, situation is unclear... Title: Re: If bitcoin was accepted everywhere would you use it? Post by: ransomer on July 03, 2015, 05:11:22 PM Yes, but the plummer next door would not...
Without making security much easier and safer Bitcoin (or any other crypto) doesn't really have a snowball's chance downunder to even tickle FIATs. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Mac Red on July 03, 2015, 05:34:50 PM Definitely would use it as much as possible.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Snorek on July 03, 2015, 05:41:13 PM Yes, but the plummer next door would not... Why not? It would be easier than paying with credit card. Everyone has a smartphones nowadays. You just need bitcoin wallet app and you are free to go - direct transfer from wallet to wallet. Without making security much easier and safer Bitcoin (or any other crypto) doesn't really have a snowball's chance downunder to even tickle FIATs. Easier than purchasing dedicated terminal to receive debit/credit card payments. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: ransomer on July 03, 2015, 05:57:27 PM Yes, but the plummer next door would not... Why not? It would be easier than paying with credit card. Everyone has a smartphones nowadays. You just need bitcoin wallet app and you are free to go - direct transfer from wallet to wallet. Without making security much easier and safer Bitcoin (or any other crypto) doesn't really have a snowball's chance downunder to even tickle FIATs. Easier than purchasing dedicated terminal to receive debit/credit card payments. Easy to use yes. Easy to keep secure? Not so much... I'm talking about the safety. If my plummer and people like him (majority of the population) started using bitcoin now it would be a free for all for hackers etc. Bitcoin needs some serious security inventions before cryptocoin has any chance. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: Demille on July 03, 2015, 06:00:03 PM Yes, but the plummer next door would not... Without making security much easier and safer Bitcoin (or any other crypto) doesn't really have a snowball's chance downunder to even tickle FIATs. Why would the plummer next door not accept it? And I don't think there's anything wrong with the security or safeness of bitcoin. Your coins safety and security is down to yourself but wallets will only get simpler and add more security features as time goes on. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: --Encrypted-- on July 03, 2015, 06:04:03 PM I have no idea.. I don't know what decision I would make in an alternate timeline where everything could be different.
tho if bitcoin is suddenly accepted everywhere tomorrow, I know I will use it. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: ransomer on July 03, 2015, 06:19:42 PM Yes, but the plummer next door would not... Without making security much easier and safer Bitcoin (or any other crypto) doesn't really have a snowball's chance downunder to even tickle FIATs. Why would the plummer next door not accept it? And I don't think there's anything wrong with the security or safeness of bitcoin. Your coins safety and security is down to yourself but wallets will only get simpler and add more security features as time goes on. Yes, certainly I think the security will get much better in the future. Currently, making cold wallets, and all kinds of other jumping through hoops to ensure some level of security is not really for the average joe (nor my plummer neighbor). So imo. currently the technology surrounding bitcoin is not at all ready for mass adoption. It is at the most ready for nerd adoption ;) Currently it is a bit the law of the jungle... when someone gets hacked and looses all their bitcoins the reaction in the community is "well, you didn't understand fully the procedures, so it was your own fault". Or in other words "Buhu too bad, so sad..move on and learn from it". Such an attitude will not work if this is supposed to be the standard means of payment for the 20 year old nurse, the janitor, the baker, .. and my neighbor.. Such a law of the jungle instills no trust - trust that people themselves can manage to keep their own funds safe. Most people doubt that they can - and rightfully so. So until there is a solution to the security issues, cryptocoins are not really in with a chance to threaten FIAT.. nor should they be frankly because that would be playing with people's lifes at a time where there is a huge risk of a bad outcome. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: foxbitcoin on July 30, 2015, 07:48:39 PM When I have a choice of different payment methods, I would select which is the more convenient for me at that time. If bitcoin is accepted everywhere I would definitely use it much more.
Title: Re: If bitcoin was accepted everywhere would you use it? Post by: tommorisonwebdesign on July 30, 2015, 07:54:23 PM Yes, but the plummer next door would not... Without making security much easier and safer Bitcoin (or any other crypto) doesn't really have a snowball's chance downunder to even tickle FIATs. Why would the plummer next door not accept it? And I don't think there's anything wrong with the security or safeness of bitcoin. Your coins safety and security is down to yourself but wallets will only get simpler and add more security features as time goes on. Yes, certainly I think the security will get much better in the future. Currently, making cold wallets, and all kinds of other jumping through hoops to ensure some level of security is not really for the average joe (nor my plummer neighbor). So imo. currently the technology surrounding bitcoin is not at all ready for mass adoption. It is at the most ready for nerd adoption ;) Currently it is a bit the law of the jungle... when someone gets hacked and looses all their bitcoins the reaction in the community is "well, you didn't understand fully the procedures, so it was your own fault". Or in other words "Buhu too bad, so sad..move on and learn from it". Such an attitude will not work if this is supposed to be the standard means of payment for the 20 year old nurse, the janitor, the baker, .. and my neighbor.. Such a law of the jungle instills no trust - trust that people themselves can manage to keep their own funds safe. Most people doubt that they can - and rightfully so. So until there is a solution to the security issues, cryptocoins are not really in with a chance to threaten FIAT.. nor should they be frankly because that would be playing with people's lifes at a time where there is a huge risk of a bad outcome. Well, we are talking about way into the future. Many people were saying very similar things you are saying about bitcoin about the internet in the 1980s. Bitcoin' security issues will probably be ironed out over time as any major technology does. In the future, it is way more cost-effective to use your smartphone instead of a dedicated credit card machine. Title: Re: If bitcoin was accepted everywhere would you use it? Post by: zeraTunerse on July 30, 2015, 08:16:18 PM Too bad the chances of bitcoin getting accepted everywhare is very slim :P There are some nation that already denied the usage of bitcoin (China is one of them) But, if somehow Bitcoin managed to be accepted everywhere i would definitely use it :D Yeah, It will take time that is accepted everywhere, I would surely use my bitcoins everywhere it is possible to make a payment, and honestly I have already started to make payments using bitcoins may be online shopping or online transfers ;D |
