Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: krafa on September 06, 2018, 03:13:55 PM



Title: Can you use Bitcoin as a practical currency?
Post by: krafa on September 06, 2018, 03:13:55 PM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin :D
What do you think brothers?


Title: Re: Can you use Bitcoin as a practical currency?
Post by: palle11 on September 06, 2018, 03:21:43 PM
It depends on the physical that you are talking about. Naturally, you might not be able to handle bitcoin physically but can transact on it via the internet or through bitcoin ATM. You can as well buy whatever you want to buy using these means.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Nayborksta on September 06, 2018, 03:23:40 PM
Visa, American Express and Mastercard are not offering payments with cryptocurencies, at least for now. You can make purchases with BTC online though in quite a lot of online stores. Just google them and you'll find it.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: krafa on September 06, 2018, 03:27:48 PM
Visa, American Express and Mastercard are not offering payments with cryptocurencies, at least for now. You can make purchases with BTC online though in quite a lot of online stores. Just google them and you'll find it.

How you manage your BTC account? By using app or direct from coinbase?


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Dudeperfect on September 06, 2018, 03:29:11 PM
Things will definitely evolve over the period of time, as of now not even a single merchant in my city is accepting Bitcoin as a payment instrument. However, that doesn't mean Bitcoin is useless. I have to rely on online websites to spend my Bitcoins as I believe the movement is a growth. I am waiting for the day where we will be able to use Bitcoin even for the microtransactions because, in most of the cases, Bitcoin is not user friendly in case of microtransactions as most of the things of daily need are available at the price of Bitcoin transaction fee so why would someone pay excess amount if he can technically get it for free.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: waynechong1995 on September 06, 2018, 03:32:30 PM
It should be practical for stuff with higher price tag like electronics or pile of stock stuffs, still it wouldn't be that useful for purchasing pizza though considering the transaction speed and fee it required, it certainly is growing to be as should be with increasing number of merchants. If you have knowledge in how bitcoin works there's nothing fishy about owning and using it


Title: Re: Can you use Bitcoin as a practical currency?
Post by: adzino on September 06, 2018, 03:37:25 PM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
-snip-
You could get physical debit-card issued by wavecrest through different sites (like advcash). You could deposit using bitcoin and top up your card and use it anywhere starting from POS transactions to withdrawing money from atms. But sadly VISA and MASTERCARD cut ties with those companies that issue cards and only allows few selected issuers that are fully regulating their users (starting from KYC verification to region restriction).


Title: Re: Can you use Bitcoin as a practical currency?
Post by: oppasong on September 06, 2018, 03:42:56 PM
if in your country bitcoin is legal then it is good to use buying and selling of an item just by using bitcoin especially the progress of bitcoin which is so fast for example we can buy something now only with Bitcoin online Just google it and you will find it.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: RodeoX on September 06, 2018, 03:55:03 PM
I normally ONLY use bitcoin as my currency. I use it almost everyday for buying all sorts of things. To my mind, you are not a bitcoiner if you don't use it as money.  But what I think does not really matter. Anyway, here is how to live life at a discount.

Buy some bitcoin when there is a crash. Today is a good day actually. Don't wait until everyone is buying and the price is going parabolic. Buy when everyone is saying "bitcoin is dead".  Now wait until the price goes up. If you had bought last week you could have seen a rise of over $1000 per coin. When the price is up go shopping! There are over 100K places that take bitcoin and if you look you can find about anything. I recommend a place like Overstock.com as a start. Their payment system is very familiar and easy to use with bitcoin. 

Now deposit more money into your exchange and set a low buy price to start all over again.  By repeatedly doing this you end up living life at a discount. Not only are you saving on trade fees by spending BTC, you often get an additional discount for using them. At Overstock I think it's 3%. Why? Because you saved them 3% over what they would pay for a credit card purchase.

If you must fancy yourself an "investor" then consider diversifying by directly using your BTC. For example you could buy a gold bar from here:
 ( https://www.amagimetals.com/gold/bars/10-oz-pamp-suisse-gold-bar-999-fine-gold.html ) Notice that you are paying about $400 less than if you had used a credit card. P.S. don't buy alts to diversify. ALL alts are tied to the price of bitcoin and do not diversify your portfolio at all.

Cheers, RDX


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Kasliono on September 06, 2018, 04:05:13 PM
Actually, it depends on the community or people in the world. Are they already accepted bitcoin as a currency or not, when all of use already accepted it. Then it will be easier to use it as a currency.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: bright4mech on September 06, 2018, 04:13:31 PM
Bitcoin is a digital currency that can be used at any point in time, and also make it easier transaction to convert to country of your location for a daily used. More over bitcoin has potential and value to serve the world.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: matthewoz101 on September 06, 2018, 04:41:35 PM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin :D
What do you think brothers?

I would wait until the lightning network is released and the fees are much cheaper and the speed is much faster. There are TONS of legit sites that you can buy anything online, except using Bitcoin.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: koincik on September 06, 2018, 04:57:10 PM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin :D
What do you think brothers?

Most of us can not use in some reason. Firstly we don't want to use it because we are waiting price go to moon. Secondly, we don't wan't to regret in future. Because someone has bought some pizza with lots of Bitcoin.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: logangbit on September 06, 2018, 06:38:16 PM
For the popularity of bitcoun and demand in public it became the best coin of the crypto currency  and it is now the king of crypto world.And everyday all the new currencies are launching in the crypto market people exchange them or buy them using bitcoin. Local bitcoiner also sell them to each other and somewhere bitcoin is now accepted to exchange ingrediants also.Though bitcoin has done a  great success but it is till hard to use bitcoin as a practical currency.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: harizen on September 06, 2018, 06:44:37 PM
You can make purchases with BTC online though in quite a lot of online stores. Just google them and you'll find it.

How you manage your BTC account? By using app or direct from coinbase?

a) directly from exchanges itself
- Some exchanges have online partners stores so finding a store will not be difficult.

b) directly from the online merchants
- Just like the usual online shop with BTC payment on it.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: rickyrich45 on September 06, 2018, 07:02:49 PM
it's too early to use btc in everyday life. moreover, the markets are moving so fast that the value of what you buy as the money is transferred changes.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Iconic Love on September 06, 2018, 07:04:27 PM
Using bitcoin as a practical currency will be a little bit hard and even here is also a probability to fail.I agree that bitcoin is popular and people wanta to earn bitcoin but the bitcoin currency has a limitation among the crypto users and  normal people dont even know about bitcoin.so In some country It is very hard to use bitcoin as a paper currency and some country has banned bitcoin and I belong from one of those cohntries.so I cant use bitcoin as a paper currency.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Naelanikor on September 06, 2018, 07:16:32 PM
Yes, In my opinion Bitcoin has all opportunities to become the global currency that can be used as a method of payment. I hope that people will develop this direction


Title: Re: Can you use Bitcoin as a practical currency?
Post by: magneto on September 06, 2018, 07:49:09 PM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin :D
What do you think brothers?

You can use bitcoin as a practical currency, because it is one and people accept it to be one. That is not the debate.

I mean, just go to any online store that accepts cryptos and buy something. Bitcoin is fulfilling its role as a practical currency right there, on the base level. You are using it as a medium of exchange across the internet.

I think that what you mean by "practical currency" is really "real life adoption and use", which is definitely low right now. However, as more merchants enter the market, this could change. With time, I think we could see the possibility of seeing major retailers accepting bitcoin worldwide, if not smaller ones as well.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Nolimitz84 on September 06, 2018, 08:08:56 PM
Yes, there are already services that can accept bitcoin for payment.And it's very cool.Now bitcoin and cryptocurrencies are beginning to enter our lives tightly.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: PeRo on September 06, 2018, 08:10:14 PM
I don't know how can you make that happen but I know one thing- you shouldn't try that. The reasons are those which you quoted but there are more. You can lose money by using Bitcoin everyday, even if you aren't selling it, the price could go lower and you will be paying more Bitcoin for the same stuff. Try that only if yoi have shops which accept Bitcoin nearby and if you have a good budget.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: KeezAZA on September 06, 2018, 08:34:52 PM
Right now we can use Bitcoin in two ways, first one would be regulated and allowed with the governmental system, and the other way would be an illegal dark net activity.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: elemosho.crypto on September 09, 2018, 04:26:00 AM
You can not use bitcoin directly right now. You have to transact them in online from bitcoin atm. Then you can use them. Currently it is the only way you can use them until there is no new way to credit them.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: ShutterTeeth on September 09, 2018, 05:01:01 AM
It basically depends on the country you live in. Because if bitcoin is banned in you country nobody will accept it maybe. If it is not banned then you can do your transaction. As bitcoin is a digital currency you will have to go online to deal with it.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: glowing10 on September 09, 2018, 06:06:59 AM
Right now we can use Bitcoin in two ways, first one would be regulated and allowed with the governmental system, and the other way would be an illegal dark net activity.

In our country we cannot use this currency in the daily needs as govt is not supporting the crypt as they fear that it can cause the dangerous effects to the economy if the scam increases as people are trying to scam other citizens of the country through this means.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Chandan_gupta on September 09, 2018, 06:18:29 AM
Yes we can use it as practical currency nowadays because it has been known by many people and it has a power to be use as a practical currency. It this further people around the world will gonna use it as their practical currency.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Qaimmadug on September 09, 2018, 06:51:25 AM
Yes, it can be used. If you look deeper into the matter, you would find that already there are many places where Bitcoin is used for payments. If Bitcoin is illegal in your country, you can also use it for making various payments.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: boyknightvn on September 09, 2018, 06:59:12 AM
It is depended on your country's regulation or laws. Besides, it also depended on the place where you use Bitcoin for paying.
If your country accepted use Bitcoin for paying and that place have machine to deal with it that you can use Bitcoin as a practical currency.
But I think you saw it, Bitcoin price is unstable and you can gain profit through it, so do you want to speculate it or you it for a payment ? :)


Title: Re: Can you use Bitcoin as a practical currency?
Post by: face foul on September 09, 2018, 08:10:17 AM
American express or VISA don’t offer such kind of transaction opportunity using bitcoin. So, you have to use a wallet if you want to use. Moreover, you can’t use bitcoin as a practical currency like a traditional currency.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Goodnuel on September 09, 2018, 08:20:03 AM
Not yet can bitcoin be used as a full practical currency. Just like some parts of the world still struggle to use the Internet and also PayPal as a means of payment in the world today, so will people also continue to struggle to see bitcoin a full physical currency.. This is because bitcoin isn't a physical currency but a digital currency. Everyone who embraces the internet and online options will eventually accept the bitcoin for what it is. A digital currency.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: ahamir on September 09, 2018, 08:36:31 AM
.You can make purchase with bitcoin online through in quite a lot of online stores. If you charge  the on line more then you will find bitcon.I am wating the day when we will able to use bitcoin even for the mocrotransation becase most of the cases bitcoinis not use friendly in case of micro transactions most of things of daily need are able at the price of bitcoin translation fee.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Vickyrichy on September 09, 2018, 08:40:27 AM
Bitcoin is actually used as a practical currency. People in the crypto world most a time use bitcoin for most of their transactions online, either to send funds from one person to another or to buy other cryptocurrencies.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Monyong on September 09, 2018, 10:05:54 AM
Yes, but you must be in a country that has legalized bitcoin, so you can make direct exchanges for payments in mini markets and online stores and others


Title: Re: Can you use Bitcoin as a practical currency?
Post by: carlou on September 09, 2018, 10:53:43 AM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin :D
What do you think brothers?
Do whatever you want on your bitcoin, after all, that's a good practice to use bitcoin as a mode of payment if your country and merchants that operate within your place is open and accept bitcoin transaction then go on show the world that bitcoin ready for mass adoption.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: tuturutmunding on September 09, 2018, 10:55:55 AM
buying something that I want using bitcoin maybe in my country Indonesia it is still rare or maybe not yet possible. because there is no platform machine facility to take bitcoin like in America and other large countries that have used bitcoin as legal payment


Title: Re: Can you use Bitcoin as a practical currency?
Post by: maichimoto on September 09, 2018, 11:14:09 AM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin :D
What do you think brothers?

cards don't fancy working with crypto atm, the only option seems to be going through bank, I know some germans are trying to bypass it, am wondering if that will work though


Title: Re: Can you use Bitcoin as a practical currency?
Post by: ssuman86 on September 09, 2018, 11:26:24 AM
Absolutely you can use bitcoin as real currency for buying anything. Some of country or Mart accepting bitcoin as payment means.  One issue is time taking in payment confirmation.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: crypt0monarch on September 09, 2018, 11:26:49 AM
Now many online websites and offline merchants accepting bitcoin as a payment but not all so you need to find it but if u are purchasing some lower price stuffs from bitcoin than transaction fee will be more than ur stuffs. american express or VISA is not providing these kind of facility but we can spend our bitcoins but can't hold as a physical currency. i think soon we can spend our bitcoin for our daily requirements also many companies like BMW,Samsung is accepting bitcoin as a payment.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Evil eye on September 09, 2018, 12:19:02 PM
Bitcoin is a online currency. Bitcoin is not a touchable currency. It is not able transfer hand to hand. You can see just your bitcoin in online wallet. But you can transfer your bitcoin from any where at any time in other wallet. You can use bitcoin payment transaction for buy something.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: ShutterTeeth on September 09, 2018, 12:24:30 PM
I think, with advancement of time, people well adopt cryptocurrency easily. It is true that, till now, the extent of utilisation of cryptocurrency is low because in many countries it is still not adopted. But cryptocurrency is the future to the digital transaction system. So, oneday it can be used for making transactions.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: SnodGrass74 on September 09, 2018, 12:36:28 PM
It depends actually. It is intangible in nature, but we can use it as a means if payment and we do have bitcoin ATMs that helps us to acquire them in any locations we are situated.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: WaterSeal on September 09, 2018, 12:52:13 PM
This is not possible right now. We have to depend on online exchange platforms mostly for getting the money converted from BTC. there are several ATMs out there but no enough from where you can also exchange BTC


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Rangerman on September 09, 2018, 01:00:08 PM
You will not find this process as easy as you are mentioning now but I believe in coming years these kind of service will be available for the crypto owners. You can use various exchanges to get the fiat now


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Foress on September 09, 2018, 01:03:03 PM
Btc is the first reliable digital currency that changed the world already. The future of Btc is bright and this digital coin can be used whatever and wherever you want. There are many services that already take payment in Btc.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: fcklife on September 09, 2018, 01:03:21 PM
i use my cryptocurrencies in real life by transfering my funds from bitcoin wallet to my bank account. aside from pizza almost all products is available if your crypto is converted to visa cash or digital money.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: CrashGangster on September 09, 2018, 01:03:38 PM
Unfortunately this service is not available right now. But there are Bitcoin ATM facilities in different places. You can exchange Bitcoin to fiat if there is any nearest facility available to you


Title: Re: Can you use Bitcoin as a practical currency?
Post by: arthotdog on September 09, 2018, 01:05:45 PM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin :D
What do you think brothers?

What i think?youre stupid because you gave us a problem just because of your foolishness to buy pizza using bitcoin.only fool and stupid people will spare this precious coin just to buy fatty foods

I remember a thread that talks about KFC or Kentucky fried chicken is accepting bitcoin as payments and i said,i would rather cook my own chicken and spend ours than to use my bitcoin for that store lol


Title: Re: Can you use Bitcoin as a practical currency?
Post by: blackwell77 on September 09, 2018, 01:08:44 PM
This point is actually quite valid that some users lack required infrastructure to use Bitcoin. Right now Bitcoin might not be used as a practical currency. But I guess in times it will be more as a practical currency.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Qaimmadug on September 09, 2018, 01:09:54 PM
BTC is being treated as a means of payment by a lot of companies such as Samsung and BNW. So yes, in some parts of the country it is being treated as one.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: btchunter786 on September 09, 2018, 01:13:59 PM
Till now Bitcoin has not become a currency for micro transactions. As it requires time to process a transactions and not all the users have knowledge to use this, I think BTC will take more time to become practical one.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: kucritt on September 09, 2018, 01:14:42 PM
well, if you want to  do that you can;t do this directly, why? we can see that the bitcoin is in the digital form and you can see that i9f you want to buy something you need a money or the visa / other creditcard, so you need to find the third side to makes the payment gateway for bitcoin, there are many start up company that develop this, and i hope in the future we can use this


Title: Re: Can you use Bitcoin as a practical currency?
Post by: redrose8226 on September 09, 2018, 01:21:12 PM
As Bitcoin requires a strong network infrastructures, I guess the users have to wait for a certain period to see BTC as a practical currency. Right now one can only buy things from some specific online stores using BTC.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: blacknight789 on September 09, 2018, 01:29:13 PM
as far I know it not possible cause it is digital currency and it is still haven't reached on that position where everyone likes to use it on every situation of their life so recently there is no chance turn you virtual currency in to a physical currency


Title: Re: Can you use Bitcoin as a practical currency?
Post by: akihiro101117 on September 09, 2018, 01:31:41 PM
in todays world, converting your cryptocurrency to digital money is at your fingertips. there are lots of projects and exchange that accept crypto to fiat so the practicality and use case of any cryptocurrency is easy.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: crzy on September 09, 2018, 01:34:30 PM
The practical use of btc is entirely dependent on the country you live in or the community you belong to. If there is no issue with the acceptance of it then you may use it in many ways.
In some places bitcoin is already accepted and people are already using it. This will really depend on your place and this is really possible. We will see bitcoin in the main market soon and hopefully governmetn will support it. So many ways to spend bitcoin online and it will grow more.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Daniel91 on September 09, 2018, 01:34:44 PM
I can use bitcoin to buy some staff online.
Central bank in my country issued statement that bitcoin is not currency or financial asset.
So, it seems still long way to go :)


Title: Re: Can you use Bitcoin as a practical currency?
Post by: mxyzptlkof6th on September 09, 2018, 01:39:01 PM
I think we can use bitcoin as a practical currency. Bitcoin is a online currency, it is not a touchable currency. Converting your cryptocurrency to digitial money can be done by your fingertips.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: metvloz69 on September 09, 2018, 01:42:57 PM
That is quite possible, because if we are wise and intelligent investors will know how to use bitcoin for what purpose is reasonable. To me, this electronic money can handle electricity bills and shopping. We can investigate or ask bitcoin experts about this issue more clearly.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: bitcoinminer566 on September 09, 2018, 01:44:31 PM
I think it is too early to expect this, still it is just a digital currency but yes on the online world you can use it for buying or selling both but turn it in to digital currency is not possible right now but maybe in the future things can be changed


Title: Re: Can you use Bitcoin as a practical currency?
Post by: CryptoSimmonds on September 09, 2018, 01:54:23 PM
It actually depends on which country you are form. If bitcoin is legal there then you can make it but if not then you cannot use bitcoin. But there are some online shops which allow bitcoin. Google it, you will find them.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: matthew1981 on September 09, 2018, 02:38:23 PM
You can use bitcoin to transact on the Internet, just search on Google and you can find it all. Here in our country there's an application we're using on our cellphone that can use btc or other kinds of coin and withdraw as a real money to buy for our daily needs.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: TheBitcoinBadger10 on September 09, 2018, 03:02:45 PM
it has not still reached on that position when people are using it everywhere so o don't think that right now we have the situation to turn it in to a physical currency


Title: Re: Can you use Bitcoin as a practical currency?
Post by: bitfocus741 on September 09, 2018, 03:11:47 PM
i think bitcoin is good to use buying and selling of an item just by using bitcoin.you can buy something now only with Bitcoin online Just google it and you will find it.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: BitcoinMaster555 on September 09, 2018, 03:19:10 PM
yes i am agree with you because bitcoin are more secure and easy to use for payment. you can buy something now only with Bitcoin online. it's more reliable now.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: zitbau on September 09, 2018, 03:27:16 PM
Want to use it as a real money? I think you should first learn the bitcoin rules in your country. If the bitcoin in the country is legal, you can freely use it as real money. If your country is banned, you can use it in some countries where bitcoin is legal.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: yamete kudasai on September 09, 2018, 03:28:07 PM
Bitcoin is a digital currency that its uses is for financial and business transactions . It may use as practical currency because there are sub standards that we can deposit and withdraw it through bitcoin wallets or any applications that saves BTC for any purposes on your life.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: WaterSeal on September 09, 2018, 03:36:01 PM
practically use bitcoin is tough actually. but if they accept it then you will definitely can do it. mainly in your country bitcoin is legal and in shop they accept bitcoin they you can do.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: BitCoinTa|k on September 09, 2018, 03:38:06 PM
its possible but i think not in the near future. Its highly volatile and price is unpredictable


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Rangerman on September 09, 2018, 03:43:28 PM
as per as i know American express or VISA are not offering bitcoin still but we can use paypal if i am not wrong i heard paypal now offering bitcoin. but according to demand American express or VISA will offer btc son.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: TomJ.Lawson on September 09, 2018, 03:49:59 PM
yes you can, but i will not prefer to use btc in practical use. because the market are not stable always and also some network instructure problem may occur. better not to use btc for practical use.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: art.vrn on September 09, 2018, 03:57:10 PM
At the moment, use Bitcoin in the form of a practical currency is not competent. For example, in my country there are no Bitcoin-machines, a very small number of stores that accept Bitconi as payment, and it is almost impossible to get Bitcoin, for an ordinary person.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: liripoop on September 09, 2018, 03:57:32 PM
It will come to you ina while when you can use cryptocurrency with different types of cards, including Visa card or American Express or MasterCard and make purchases in the online stores. But we always hope Bitcoin as an investment.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: AutisticKid007 on September 09, 2018, 04:15:14 PM
You can use Bitcoin in different online shopping areas. Within a short time, the Visa card or American Express or MasterCard will accept the Bitcoin and cryptocurrency. Then you can use it for any type of physical work.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: karagun125 on September 09, 2018, 04:20:17 PM
In my own perception, as.of now it is hard that bitcoin will be use as a practical currency, many bitcoin enthusiast are looking forward to this, by using bitcoin as a payment method or even as a practical currency, maybe in the near future this ia possible as bitcoin grows bigger and will be well developed.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: CrimBit on September 09, 2018, 04:32:44 PM
Actually, it depends on the community or the people around you. if bitcoin is legal in your country and they already accept bitcoin as a currency, it will be easier to use it as a currency. then it's good to use buying and selling.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Exequy on September 09, 2018, 04:40:18 PM
What do you guys think about the current state of affairs within the market? Do you believe altcoins/utility coins will continue to thrive?


Title: Re: Can you use Bitcoin as a practical currency?
Post by: learningcrypto5421 on September 09, 2018, 04:55:02 PM
Although it depends on your condition. Naturally we invest in bitcoin for profit. If you want to use it physically, then you have to convert Bitcoin to normal currency through Bitcoin ATM or online. Or you can use it in any shopping area as online shopping.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: HerbertMarcel on September 09, 2018, 05:28:19 PM
I think still there is no way to use bitcoin as a particular currency and visa, master card also still not accept bitcoin, it still need time.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Barrycuda007 on September 09, 2018, 05:32:55 PM
Bitcoin has no physical structure so you can’t touch it but you can buy things using internet, Bitcoin ATMs. By repeatedly doing this you end up living life at a discount. This medium is very user friendly. You can order and buy anything using websites.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: diabolo on September 09, 2018, 05:47:47 PM
In my personal opinion, using bitcoin in everyday life is still not possible, we can only attract bitcoin with a high enough amount, we still cannot use bitcoin just to buy a candy in the store. Because a minimum withdrawal or delivery is sometimes assigned to a wallet by the owner of the wallet storage service.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: minhkhoa on September 09, 2018, 06:31:57 PM
The existence of Bitcoin and other types of electronic money poses certain challenges to the current monetary system. There is a problem that the value of bitcoin always fluctuates constantly.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: norachuks on September 09, 2018, 06:33:17 PM
what practical are you talking about again? thousands of people out there are using bitcoin daily as a means of payment to so many transaction where it is accepted so what is the practical?


Title: Re: Can you use Bitcoin as a practical currency?
Post by: crptotrader007 on September 09, 2018, 06:41:14 PM
This is like double edge sword for vendors as well as customers.its exactly like giving your shares against something.Which means if the market value decreased it is in loss and if it increased it's loss to customer.But customers are getting something whoose market value is zero after buying or that value is constant.That is unfare and we find out solution to that, it can be used as practical currency.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: muslol67 on September 09, 2018, 06:44:33 PM
Maybe I can use yes. In my country a shopping website accepts payments with Bitcoin. But do I use it? No! Like many people, I am looking at investment in Bitcoin.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: bangkecol on September 09, 2018, 06:50:41 PM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin :D
What do you think brothers?

It all depends on every company policy that manages, whether VISA or American express where you are connected to bitcoin or not. If not, that means bitcoin cannot be used as an alternative payment instrument other than currency.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Champeon on September 09, 2018, 07:02:07 PM
Bitcoin has no physical structure so you can’t touch it but you'll buy things utilizing web, Bitcoin ATMs. By more than once doing this you conclusion up living life at a markdown. This medium is uncommonly client welcoming. You'll orchestrate and buy anything utilizing websites.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: swifer on September 09, 2018, 07:14:36 PM
People in the crypto world most often use bitcoin for most of their transactions online, either to send funds from one person to another or to buy other cryptocurrencies.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: blackrain321 on September 09, 2018, 07:24:18 PM
Now it’s not possible to use for daily purchase. But I wish in future this is possible for purchase anything by using bit coin. everywhere every people will accept bit coin.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Radio-Active on September 10, 2018, 01:51:59 AM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin :D
What do you think brothers?

The users should not think a complicated way about using bitcoin. If you are a developer, you can make an application with a simple UI, and the other process are automate. User only need to deposit their fiat, and it convert automatically to btc. When user want to transfer their btc, they just have to scan the address barcode. That should the way user use crypto, leave the complicated things to developers.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Demonster on September 10, 2018, 10:10:49 AM
we can not use bit coin for daily purchase just because bit coin can not accept every where but some online organisation accept it.you can try those.just search in google


Title: Re: Can you use Bitcoin as a practical currency?
Post by: ViolentBee on September 10, 2018, 10:25:25 AM
Bitcoin improving gradually and it offer people who hold it can ue practically. There are many shopping mall and company now willing to accept bitcoin as payment. And in future it will be acept broadly world wide as practical currency.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: medussa on September 10, 2018, 10:29:11 AM
For now, there are not enough infrastructure on ground to facilitate such, only a handful of merchants accept it or peer-to-per among friends and close associates on a more or less  informal settings.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: BigSheep on September 10, 2018, 10:46:30 AM
There are many company availale who offer bitcoin holder to buy anything from online by bitcoin. Bitcoin are not accepted everywhere as payment in worldwide but it's developing and wish everyone will be able to use bitcoin as a practical currency worldwide.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Phinoy on September 10, 2018, 10:56:18 AM
Yes, there are already services that can accept bitcoin for payment.And it's very cool.Now bitcoin and cryptocurrencies are beginning to enter our lives tightly.

I think you can because technology now you can do what possible that you think you can't.In recent years though, as values have continued to increase, the call for new ways to actually spend Bitcoin as a regular use like money without the hassle of converting to normal currencies has increased. This desire for greater liquidity has led to a host of new companies, seeking to offer consumers innovative ways to spend their Bitcoin.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Compiler on September 10, 2018, 10:56:36 AM
If you can, there are currently prepaid cards and a couple of ways to pay with Bitcoins, from mycelium or some other wallet, you can transfer money to that card and use it to pay for food in supermarkets, or you can go directly to an ATM and take out money. They work like normal cards.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: muneeb.zain on September 10, 2018, 11:00:18 AM
As most of the people say that bitcoin is the digital currency and the new ERA of buying and selling things but i probably think that bitcoin can't be utilized as the practical currency whereas it might be use in few places around the globe for trading but not all over the globe.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: KissyPiggy on September 10, 2018, 11:42:21 AM
I don't know the scope of Bitcoin using place. The place where you collect your daily commodities are not accepting Bitcoin. So there are no place to use Bitcoin for daily uses.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Vickyrichy on September 10, 2018, 12:19:01 PM
Definitely bitcoin can be used as a practical currency. Looking at the current financial system, bitcoin is widely used for transactions of goods and services. About 40% of the world population is aware of bitcoin and uses it. In some few years, this percentage will increase to about 60 or 70%.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: dobladonadouble on September 10, 2018, 12:58:39 PM
If bitcoin is legal and acceptable in your place, it will be easy for you to directly use bitcoin as practical currency. But if it's still discrete, you can not directly use bitcoin but there are ways to use it like transferring it to other wallets or accounts or exchange it in your country's money.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: iqlimasyadiqa on September 10, 2018, 01:12:51 PM
Definitely bitcoin can be used as a practical currency. Looking at the current financial system, bitcoin is widely used for transactions of goods and services. About 40% of the world population is aware of bitcoin and uses it. In some few years, this percentage will increase to about 60 or 70%.
I think that Bitcoin users still do not reach 40 percent of the total population in the world. according to the calculations of various analysts, only about 2 percent of the world's population uses and knows bitcoin. as we know that there are still many regions that still do not have adequate infrastructure. this is because the area is still far from facilities that can make people use digital currency. we all have to continue to introduce bitcoin to more and more people. with good and right growth, the era of digitalization will get better. one of the factors that will determine the future of digital currencies is the number of people who trust digital currencies.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: infested999 on September 10, 2018, 01:17:58 PM
There are many ways to pay with bitcoin online. Recently a friend of mine bought a city break using bitcoin as a currency


Title: Re: Can you use Bitcoin as a practical currency?
Post by: OcTA Bd on September 10, 2018, 01:29:31 PM
Yes. At least I think that Bitcoin or other crypto currency can easily be used as a currency i.e. by replacing flat money.
Crypto currency is a internet based currency. You can use crypto currency any time if you have a internet connection. It will be definitely very easy if you pay your payment by crypto currency.
Everything is getting digitalized day by day. If the transaction system is also get digitalized then it will be good for all of us.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: shelemiah31 on September 10, 2018, 01:38:08 PM
Yes.In fact, I've been using it to pay my bills, e-loading, online selling and buying and money transfer.I do not need to go stay in a long line just to do my transactions.Using bitcoin is convenient and fast.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: daicavung on September 10, 2018, 01:40:53 PM
I know Japan and Japan are two countries accept BTC in the payment of goods and services, but in some countries and including my country BTC is not really accepted, that is the real thing that I see


Title: Re: Can you use Bitcoin as a practical currency?
Post by: dimbaba on September 10, 2018, 02:20:25 PM
If you have a internet connection. It will be definitely very easy if you pay your payment by crypto currancy. bitcoin is widely used for transactions of goods and services.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Shafiqul Islam on September 10, 2018, 02:26:33 PM
No I can't use bitcoin as practical currency because our country never accepts bitcoin but people convert bitcoin others currency which is acceptable in my country.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Ezenwanyi on September 10, 2018, 03:10:22 PM
I would  love to see bitcoin being used as a payment means for goods and services.
But as it is now,  I cannot  use it because it is not yet generally  accepted as a medium of exchange.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: cryptoblackhat on September 10, 2018, 03:11:50 PM
I find Bitcoin about as practical as my previous forex brokers.

It's difficult to use for everyday transactions, like you might do with a credit card.
But it's easy to use for large international transactions, like sending a bank transfer between countries or paying for something online.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Ezenwanyi1 on September 10, 2018, 03:14:36 PM
If what you meant by "practical currency"  is fiat then the answer is no.
This is because bitcoin is a decentralized virtual currency and that is what makes it bitcoin.
You remove it and bitcoin will cease  to exist.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: tibinpro432 on September 10, 2018, 03:15:36 PM
This can be done, if you are a good investor, the transition from virtual currency to reality is very easy. You can use it to pay for electricity bills or shopping, tickets to the tournament, etc. These are some examples of how to use bitcoin in a practical way. Have you tried this yet?


Title: Re: Can you use Bitcoin as a practical currency?
Post by: liamnorthcoins on September 10, 2018, 03:22:13 PM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin :D
What do you think brothers?
Bitcoin is a practical and timely currency the only reason it is not is because it not fully understood by many people over the world. If given the proper support for the dessimimation of proper information probably it can even take over fiat currency.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: regadly on September 10, 2018, 04:17:24 PM
I already have many uses bitkoin.S every year will be more and more.Tem more than that, and some countries have planned for 2019 crucial steps.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: NuttyOracle on September 10, 2018, 06:17:12 PM
To tell the truth, In my nations, there are not scope or use of Bitcoin in real life use.When i go to buy a product, they not accept bitcoin unlike international online market.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Cripinggedang on September 10, 2018, 06:34:32 PM
Now it’s not possible to use for daily purchase. But I wish in future this is possible for purchase anything by using bit coin. everywhere every people will accept bit coin.




I think naturally, you might not be able to handle bitcoin physically but can transact via the internet or via bitcoin ATM. You can also buy whatever you want to buy using this tool.
It depends on the physical you are talking about.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: 1van__ on September 10, 2018, 06:38:40 PM
of course, every holder of bitcoin can use it as a practical means of payment, only in this case I am amazed by its large variability, if it will be possible to get rid of it, it will become the best currency in the world, in my opinion


Title: Re: Can you use Bitcoin as a practical currency?
Post by: riyarana1123 on September 10, 2018, 06:48:02 PM
As bitcoin is a digital currency i think it is difficult to use it as a physically in other words practically but it is very easy to use it as a safest mode of transactions while purchasing or trading any thing.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: cryptoSchultz18 on September 10, 2018, 06:58:10 PM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin :D
What do you think brothers?

As already discussed, the bank payment options can't handle bitcoin for now. I don't even think they will in the future, because most of the banks consider bitcoin as a strong competitor (which is partially true).
However, here is how you can use bitcoin as a practical currency:
- Make payments online. Just set up your digital wallet and make payments wherever bitcoin is an option. Even if you have BTC on your account but can't make a payment, you can exchange your BTC into the preferred currency and make payments with it.
- Use bitcoin ATMs. They are available in around 60 countries of the world.
- Make payments via bitcoin terminals. Thousands of merchants now accept bitcoin payments in the stores. You just make the payment (e.g. using your mobile wallet) via the bitcoin terminals.

Good luck!  8)


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Jannn on September 10, 2018, 07:45:44 PM
Right now the number of transactions per second the bitcoin network can handle is very low, so they're working on off-chain solutions like Lightning to make it a lot faster, so it can then be used for practical purposes. It will probably be a couple of years before lightning is actually working at a large number of retailers though.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: gooddly on September 10, 2018, 08:00:47 PM
Everything has its time. Now calculations using Bitcoin are practiced only in a few countries. But their number is growing every year. I think, soon you will buy your pizza  ;)


Title: Re: Can you use Bitcoin as a practical currency?
Post by: muneeb.zain on September 10, 2018, 08:13:47 PM
To some extent i think is that is no going to happen in near future because bitcoin is the decentralized currency and mostly banned around the globe rather then some countries open hearted welcome it.and the bitcoin value would fluctuate continuously and if this happens the huge amount of bitcoin holders would buy the most of the states as their private property land and do anything they want so that no gone happen.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: swifer on September 10, 2018, 08:16:16 PM
You can lose money using Bitcoin every day, even if you don't sell it, the price can be lower and you will pay more Bitcoin for the same item. Try it only if you have a store that accepts the closest Bitcoin and if you have a good budget.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: swaggerkeme on September 10, 2018, 08:43:25 PM
This is the future we are all hoping for. The time will surely come when bitcoin can be used  practically and virtually for all business transactions in the world without any hindrance just as fiat currency is used.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Skyshark on September 10, 2018, 09:13:42 PM
I am not in any way opposing to your preference for using bitcoin as a practical currency. I just don't find it reasonable. Bitcoin as a currency has it's setback; it's value is very much unstable and transaction processing is way too slow. I am a firm believer in bitcoin as a speculative asset - a get-rich-quick scheme. This is the very reason why i'm determined on holding bitcoins.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: gusnulyadi on September 10, 2018, 09:19:10 PM
I used my cryptocurrency in real life by transferring my funds from a bitcoin wallet to my bank account.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: cryptoalfs76 on September 10, 2018, 09:23:45 PM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin :D
What do you think brothers?

will in this scheme maybe bitcoin can we used a practical currency but in selected choices only, and its  depends on its usefulness in the market,therefore being a practical also can depends on the country and its regulation about this cryptocurrency,otherwise if its not allowed of thats country to accept bitcoin because of different technology,then the being practical currency could not be used.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: PrissMCclen on September 10, 2018, 09:47:27 PM
I believe this will transpire very soon,  as cryptocurrency grows,  it's a gradual process


Title: Re: Can you use Bitcoin as a practical currency?
Post by: cryptofeel on September 11, 2018, 05:17:07 AM
There are many reasons why at this time, you can begin to put the bitcoin to daily use however, there could also e some snags.The market' s price has so far for  a relative period hovered between the $6-8k  however, many things affect the daily ease of use like acceptability amongst business partners. However, if you are able to find one who will accept it then transacting business with the person as per need is possible.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: CoinsGazer on September 11, 2018, 05:54:36 AM
Encrypted digital currency such as Bitcoin is undoubtedly a beneficial attempt for the future monetary system, but any monetary system must first be adapted to the current level of human productivity, technology, and culture. Under the existing centralized production, centralized administrative human productivity and superstructure system. There are still many problems in the use of distributed currency as a universal currency.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: jhony525525 on September 11, 2018, 06:03:41 AM
I am using bitcoin for buying and selling while it can also be trade for USD so it is a practical currency for me and many like me are having enjoying in crypto and it is the base of crypto market when it's price fall the whole market crash with it.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: pat4cryptoreal on September 11, 2018, 06:15:21 AM
Using bitcoin in day to day life depends on your country of residence, your cycle of friends both offline and online and your level of exposure in the cryptocommunity. I have purchase severally with bitcoin. It may not be applicable in some countries.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: FTIFoundation on September 11, 2018, 06:31:46 AM
Yes, most definitely. Leave alone purchasing small products or services. People are having large scale business deals with the currency as bitcoin. It doesn't end here, there are so many amazing alternative coins to bitcoin as well, from which you can make purchases.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Kristinalopez on September 11, 2018, 06:58:17 AM
For countries that prohibit Bitcoin activity or cryptocurrency. Cryptocurrency can't be exchanged as currency. That only happens in legitimate countries.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Phan Long on September 11, 2018, 07:15:23 AM
I agree with this idea. Bitcoin is only suitable for large transactions, not suitable for small daily transactions. Because Bitcoin is a virtual currency, it does not have a real value, it needs daily transactions that require modern infrastructure, people's education, government consent, etc.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Vaflia on September 11, 2018, 07:20:52 AM
In fact, there is no good way to use bitcoin or any other coin as money right now. There are big commissions everywhere.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: nacareng on September 11, 2018, 07:24:49 AM
In my opinion Bitcoin is used as a practical currency. People in the cryptocurrancy world most often use Bitcoin for most of their transactions online. Today, more and more organizations are starting to accept payments for goods or services with Bitcoin.



Title: Re: Can you use Bitcoin as a practical currency?
Post by: gajebo on September 11, 2018, 07:35:13 AM
If now in your country bitcoin or crypto have been legalized it is very good to use bitcoin to buy and sell goods, but if for now I still use bitcoin as an investment tool, because in my country bitcoin or crypto are still illegal.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: tot-o on September 11, 2018, 07:49:50 AM
There are individual who are doing private home business and they are accepting Bitcoin as payment... You just have to look for them near your location... We have in our community who sell cupcake for Bitcoin..


Title: Re: Can you use Bitcoin as a practical currency?
Post by: tradcoin on September 11, 2018, 09:58:30 AM
Still I don’t have sufficient knowledge about it. But as far I am concern there is no such an opportunity to use bitcoin via American express or Visa. But I believe it can be usable if there is an invention of any application.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: LastHope99 on September 11, 2018, 10:46:30 AM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin :D
What do you think brothers?

Paying with btc is quite hard these days, but it's excellent for sending money to your friends, for example. Fast transactions to any point in the world. A great use case is already available to everyone.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: swaggerkeme on September 11, 2018, 11:10:02 AM
You can always use bitcoin, anyhow you want it just like the usual fiat currency. This is possible if the people you are dealing with understand how blockchain technology works. So you need to educate the people around you about how amazing bitcoin is, so you can easily transact businesses with them.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: tailor.and on September 11, 2018, 11:26:52 AM
If bitcoin is legal in your country then you will find many banks, stores are accepting bitcoin as a form of  transacting but, if it is illegal then you can not use it anywhere. Just search google to get more knowledge and master cards and visa do not give any service related to bitcoin.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: LastHope99 on September 11, 2018, 11:34:00 AM
If bitcoin is legal in your country then you will find many banks, stores are accepting bitcoin as a form of  transacting but, if it is illegal then you can not use it anywhere. Just search google to get more knowledge and master cards and visa do not give any service related to bitcoin.

not in all countries. Poorly developed countries do not adopt btc.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: LastHope99 on September 11, 2018, 11:36:03 AM
You can always use bitcoin, anyhow you want it just like the usual fiat currency. This is possible if the people you are dealing with understand how blockchain technology works. So you need to educate the people around you about how amazing bitcoin is, so you can easily transact businesses with them.

Yeah, but what about huge price spikes. Do you think this is sustainable? Do you want to buy something that will be twice higher or cheaper tomorrow? Btc can be used tied to fiat values only.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Walter edmond on September 11, 2018, 11:36:52 AM
Currently bitcoins usage is not that widespread so you can not use it everywhere but there some shopping mall and online stores out there who accepts bitcoin just do a search you will find it. You have to use bitcoin wallet and ATM to transact by bitcoin.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: nazaididuan1 on September 11, 2018, 11:38:37 AM
Bitcoin is an asset with large price fluctuations. Excessive price volatility may result in substantial profits and losses during the payment and liquidation process, which is unwilling to be accepted by most ordinary merchants.
But in some countries BTC is a legal currency and can be easily traded!


Title: Re: Can you use Bitcoin as a practical currency?
Post by: John.Verdon761232 on September 11, 2018, 11:56:52 AM
Now replace the usual money with bitcoin is not possible. There are not many places where you can pay for goods or services with their help.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Youggairch on September 11, 2018, 01:00:26 PM
Utilizing bitcoin as a useful money will be somewhat hard and even here is additionally a likelihood to come up short. I concur that bitcoin is famous and individuals need to win bitcoin yet the bitcoin cash has an impediment among the crypto clients and typical individuals don't think about bitcoin.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: kamilah147 on September 11, 2018, 02:01:05 PM
Bitcoin is an asset with large price fluctuations. Excessive price volatility may result in substantial profits and losses during the payment and liquidation process, which is unwilling to be accepted by most ordinary merchants.
But in some countries BTC is a legal currency and can be easily traded!

indeed in some countries it has been agreed that bitcoin has circulated, but there are also countries that have not agreed. moreover each country has a different government, and the government also has different opinions. so each country has a different view.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: BillieCrypt on September 11, 2018, 09:11:18 PM
If you want to use bitcoin as a means of payment as easy as possible, then you should use payment cards like FuzeX. They allow you to use bitcoin without any difficulty, as cash from a VISA card.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: dominional on September 11, 2018, 09:16:39 PM
Not at all in my country because is not accepted as means of exchange for the people just because my country is still under developed which will drastically affect bitcoin as a means of exchange


Title: Re: Can you use Bitcoin as a practical currency?
Post by: GreotDollyce on September 13, 2018, 06:40:09 AM
"As a matter of fact, it relies upon the network or individuals on the planet. Have they effectively acknowledged bitcoin as a cash or not, when the greater part of the clients officially acknowledged it. At that point, it will be simpler to utilize it as a cash.
"


Title: Re: Can you use Bitcoin as a practical currency?
Post by: YoungPalom on September 13, 2018, 06:51:46 AM
That isn't easy if the predictions about the future of Bitcoin are more positive. It is possible to use cryptocurrency as a real currency. That is the hypothesis given.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: spadaccino on September 13, 2018, 06:59:29 AM
Yes you can but just look what it is happening in Venezuela ( and it will happen the same in Argentina soon ) : BTC is not the best currency to use daylife. Instead going with Bitcoin and use as digital currency ( aka contactless ) they use Dash which made a great efort to promote its coin there with conferences and all that stuff but they made it well known and pratical to use it.
Because it was one of its kind and it guarantee you the privacy you need it's a great coin and Bitcoin in other hands remain the most known crypto but seen only as a form of investment right now ( speculation if you're a whale or big trader ) and that's why you can use it as your normal credit card.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: nestorjacob on September 13, 2018, 07:09:56 AM
We are gradually getting there where bitcoin will become the normal currency that will be used daily on normal transactions worldwide since the industry is still developing and making discoveries everyday.Time will tell what bitcoin can actually do in the future to come.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: sunita01 on September 13, 2018, 07:13:02 AM
Seeing bitcoin as a permanent currency and also using it. Because the coming era will be a digital age, in which cryptocurrency will play an important role and every small task will be from this.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: eashikde on September 13, 2018, 07:16:23 AM
I think it's not surprising to use bitcoin as an everyday coin. Just at this point in time it does not work in all countries of the world and not all sales points accept this currency. I think that such time will come in the near future. because it takes time to implement this coin in all areas.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: marlonbatotoy on September 13, 2018, 07:30:35 AM
Well you have the answer.. You cant use it because of the process of payments.. It's hustle to the cashier if there is a fiat and btc payment.. And as if all cashier know about bitcoin.. I think it will be posible if your country is open to learn about bitcoin and goverment and some stores make an app for bitcoin payment and also you country needs to be free wifi of all areas..


Title: Re: Can you use Bitcoin as a practical currency?
Post by: jikurpa on September 13, 2018, 07:36:27 AM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin :D
What do you think brothers?
surely one day everything you say will happen but with the condition of course the government or country accepts crypto currency can be officially used for buying and selling transactions


Title: Re: Can you use Bitcoin as a practical currency?
Post by: project_delta on September 13, 2018, 07:44:47 AM
In parts of Asia, Bitcoin is already being accepted as payment for lot of things Customers are able to pay their gas, water and electric bills digitally and directly using Bitcoin, without having to convert into local currency. In Japan, consumers can buy a lot of things including electronics with Bitcoin at the largest electronics stores in the country. Now in  the US, some local shops are starting to pop up where Bitcoin is accepted as valid payment. Rolls Royce and some other car companies have started to accept them .I hope that answers your question! :)


Title: Re: Can you use Bitcoin as a practical currency?
Post by: BitcoinOddsChecker on September 13, 2018, 07:46:21 AM
Depends on how "practical" is to you. Many here will find bitcoins practical for various purposes. On the other hand, if you're talking about practicality in a sense where you can use it just like cash, you might have to cross a few borders. There are still a handful of restrictions, so it might take Bitcoin some time, but I do believe that it's on its way there.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: thesmallgod on September 13, 2018, 07:46:45 AM
there are many project working in making cryptocurrency spendable on anything including being able to be used to purchase pizza and this has lead them in pursuing crypto card. A form of debit card that make cryptocurrencie being used for purchase of good and services just like fiat. I think monaco card is now fully licensed to offer cryptocard to customers. Amon card too is pursuing the license which will enable them to be able to produce cryptocard for customers. ones you have the card then you can use it to purchase pizza.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: ntodntodan69 on September 13, 2018, 07:49:03 AM
Of course you can use bitcoin as a practical currency! especially those who trade with bitcoin, they will miss bitcoin, now there are so many companies that use bitcoin to make transactions.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: sandaruwan94 on September 13, 2018, 07:49:57 AM
 :o :oWe are gradually getting there where bitcoin will become the normal currency that will be used daily on normal transactions worldwide since the industry is still developing and making discoveries everyday.Time will tell what bitcoin can actually do in the future to come. ;) ;) ;)


Title: Re: Can you use Bitcoin as a practical currency?
Post by: kamoto on September 13, 2018, 02:31:50 PM
No, of course not. I do not even know the people who do it. In some countries it is possible to make some types of purchases for bitcoin ... however this in a global sense is currently inconvenient at all. Too small variety of goods at the moment in the world is offered for payment using bitcoin. As yet, bitcoin is far away from the currency that a large number of people will use.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Strumpt on September 13, 2018, 02:36:12 PM
I bought a house for bitcoin under a gift agreement


Title: Re: Can you use Bitcoin as a practical currency?
Post by: fonengo on September 13, 2018, 02:47:01 PM
Hi everyone. In the future, let's hope that bitcoin will replace the practical currency.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Linhkej on September 13, 2018, 02:54:57 PM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin :D
What do you think brothers?
You want to use Bitcoin as a real currency but that can not be determined by you. Only when businesses accept their Bitcoin business will your wish come true. There are many people who are interested in Bitcoin, but it still does not guarantee that it can hold steady assets like paper money.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Teclyna on September 13, 2018, 03:03:13 PM
Bitcoin is a digital currency that its uses is for financial and business transactions . It may use as practical currency because there are sub standards that we can deposit and withdraw it through bitcoin wallets or any applications that saves BTC for any purposes on your life.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: bitcoindusts on September 13, 2018, 04:36:58 PM

Some users lack the infrastructure required to use bitcoin
Some users lack the knowledge required to use bitcoin



Infrastructure is really a big word. I think it would be more apt to say that some user does not have access to use bitcoin.

Bitcoin resides online on the internet should one wish to make use of it. Bitcoin being digital in nature requires a user to have an internet connection. But nowadays, there are only few places that remains out of reach by internet service providers. So in totality, internet to access bitcoin is not an issue.

The lack of knowledge regarding bitcoin is not really the issue here, rather, the inability to comprehend the whats and the hows of bitcoin is the major challenge. Truth in fact, setting up bitcoin wallets is as easy as 1-2-3 for grade five students.

Thus, i do believe that you can use bitcoin as a practical currency, provided that you exert a bit more effort unto that.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Antonina on September 13, 2018, 05:20:17 PM
I personally can not because bitcoin and crypto currency for me is something that does not exist that is unreal, that can not be seen and touched


Title: Re: Can you use Bitcoin as a practical currency?
Post by: kayakcrypto9875 on September 15, 2018, 10:01:12 AM
It relies upon the physical that you are discussing. Normally, you probably won't have the capacity to deal with bitcoin physically, however, can execute on it by means of the web or through bitcoin ATM. You can also purchase whatever you need to purchase utilizing these methods.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: charlemagne_15 on September 15, 2018, 11:50:59 AM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin :D
What do you think brothers?

Honestly, you can use bitcoin as a practical currency as long as the stores you are in is accepting it as a payment. Actually there are places and people that embrace this kind of currency. They can have transaction by means of bitcoin via internet. However, you cannot have a physical aspect of it because there is none. Bitcoin is a digital currency so basically it you can use it in practical way.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: anwar98 on September 15, 2018, 12:15:41 PM
I think if bitcoin as a daily currency is very unlikely. If you are currently in a country that prohibits bitcoin, it might be impossible. But if you use the long-distance money transactions between countries it might be better.
I also use bitcoin as a money transaction abroad. Because I have family abroad and every month I have to send money to my family. And I use bitcoin for transactions because it's simpler and faster.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: stiffbud on September 15, 2018, 12:26:17 PM
It depends on the physical that you are talking about. Naturally, you might not be able to handle bitcoin physically but can transact on it via the internet or through bitcoin ATM. You can as well buy whatever you want to buy using these means.
Yes i see that bitcoin as a practical currency. Although it has no physical form but still it is help it user to do those work which they do with the help of fiat currency. Bitcoin is use by many online shopkeeper. After seeing the popularity of it among people and its better online transactions facility. And people also like to use bitcoin for online shopping, trading and marketing. Bitcoin is also use for investment purposes. It also use as a medium for currency exchange and transfer. Like a fiat currency bitcoin also use for many applications.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: popsywura on September 15, 2018, 12:48:17 PM
Visa and other cards payments have not initiate such offer as far as i know though i made be corrected. Recently, some token have coming up to establish payments with card using their token and bitcoins.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Jordens on September 15, 2018, 12:50:43 PM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin :D
What do you think brothers?
Of course, now in our days, bitcoin can be used for any, maybe for some new tests, since this currency is impenetrable, it shows itself well in the crypto-currency market and is known in the world.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: coffigayo on September 15, 2018, 01:04:12 PM
Yes, of course we can use it as a practical currency. Because people in the cryptocurrancy world most often use Bitcoin for most of their transactions online, we can also save and withdraw through Bitcoin wallets or any application that uses Bitcoin for any purpose in our lives in the future.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Elqui on September 15, 2018, 01:08:38 PM
You cant use bitcoin as a practical currency because its not yet that popular today, but im hoping that in the future, we can use bitcoin in our everyday lives.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Inmzaluia on September 15, 2018, 01:13:35 PM
i think bitcoin is good to use buying and selling of an item just by using bitcoin.you can buy something now only with Bitcoin online Just google it and you will find it.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: pixie85 on September 15, 2018, 01:18:33 PM
I bought a house for bitcoin under a gift agreement

Great. Mind telling us more about that deal? How much was it, where was it? What was the price of BTC at the time? Did you transfer the coins in person with the notary present or from home? I'm curious because such deals are still very rare.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Junluyna on September 15, 2018, 01:32:58 PM
This is like double edge sword for vendors as well as customers.its exactly like giving your shares against something.Which means if the market value decreased it is in loss and if it increased it's loss to customer.But customers are getting something whoose market value is zero after buying or that value is constant.That is unfare and we find out solution to that, it can be used as practical currency.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: chrisnewsome on September 15, 2018, 01:37:34 PM
I think that you can use Bitcoin as a practical currency than the current currency since there are business establishments and banks who are now offering cryptocurrency as a payment. I think it would be more economical than the current currency and less hassle.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: gabmen on September 15, 2018, 01:39:12 PM
Yes, of course we can use it as a practical currency. Because people in the cryptocurrancy world most often use Bitcoin for most of their transactions online, we can also save and withdraw through Bitcoin wallets or any application that uses Bitcoin for any purpose in our lives in the future.


Not at this point in time though. With fluctuations that are far more violent than other markets, it would be hard to consider it as a currency for now. It's more of an asset with the way you can make profit with the right buy and sell tactics.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: sublime5447 on September 15, 2018, 06:26:28 PM
What people say is true, ads are getting smarter. Okay, suppose I am not aware of that and return to the topic, as far as I know there is no mainstream payment processing industry or bank that accepts payments using Bitcoin. Using Bitcoin as a payment tool won’t be so difficult if we are used to the patterns and conditions of Bitcoin.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: wallstone on September 16, 2018, 03:08:56 AM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin :D
What do you think brothers?


Using bitcoin as mode of payment is depend upon the physical store. However if the physical do not accept you can still convert it to other mode of payments. It would not be difficult to used it in transaction. Online payments is too mainstream in kind of era.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: SlashEject on September 16, 2018, 11:34:03 AM
No, you cannot really shop through your credit card and spend Bitcoins from there yet but hopefully, we'll get that opportunity in the future. Bitcoin is still in it's developmental stage in terms of adoption among the mass. So, we need to be patient. Once there are enough people who are holding Bitcoin or at least want to spend them, we will definitely have options to buy with our Bitcoins through credit cards.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: royromales on September 16, 2018, 11:59:24 AM
I think yes because I want to make a big deal with bitcoin because I just hope that my money will grow and want to use my money with bitcoin so I can earn more because I want to go through all the difficulties and want if I use my money here in bitcoin


Title: Re: Can you use Bitcoin as a practical currency?
Post by: ballexplorer on September 16, 2018, 12:32:48 PM
At present it is difficult to use the BTC as a daily means of payment.
There are not enough shops that accept cryptos as a means of payment.

Reasons in my view: The Bitcoin is still far too volontile. The transaction takes too long and the fees are too high.

Imagine you're paying $ 3.50 in a cafe. and you have to wait for minutes until the transaction is confirmed. In addition, the head of the cafe at the end of the month 20% less taken because the price has just fallen by 20%. How should he then pay his staff and his lease.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: virendarnagpal on September 16, 2018, 12:55:31 PM
Bitcoin can be used as a practical currency at the places where there are no government restrictions.  Where there are commercials / places / shopes / malls accepting bitcoin in exchange to their services / commodities. 
But where shopkeepers do not accept bitcoin there it will not be a practical currency.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Sumo on September 16, 2018, 05:46:22 PM
It seems to me that it is too early to use bitcoin as a currency. This may not be beneficial to you. Remember the pizza story.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: fattyforhire on September 16, 2018, 06:09:58 PM
I would be in your place in no hurry, as you can face a number of difficulties when paying for bitcoin purchases. And it can not be called a profitable solution, especially when the market is in a drawdown.



Title: Re: Can you use Bitcoin as a practical currency?
Post by: minhlee95 on September 16, 2018, 06:33:58 PM
I have not yet been interested in this issue, as I use a long-term investment strategy. But now I'm starting to think that I would like to buy something with bitcoin just for fun. But I will wait for the price increase.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: InvestICO2L on October 03, 2018, 01:37:46 AM
if in your country bitcoin is legal then it is good to use buying and selling of an item just by using bitcoin especially the progress of bitcoin which is so fast for example we can buy something now only with Bitcoin online Just google it and you will find it.
Yep, it depends much on the government and the current situation of your country guy. Evidently, if a country which has acceptance of government for using bitcoin legally in daily like the way fiat money does, definitely you may use digital currency and buying and thing you want. Moreover, it relies on the number of people in your country, how many people will be keen on bitcoin payment?? Indeed, people are accustomed with using bitcoin for paying online, and I think this is one of the most popular means of paying by bitcoin till now, but it's a bit more limited. Anyway, through the strong development of digital currency, sooner or later we can take bitcoin as a practical currency.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: IndigoRed on October 04, 2018, 02:05:30 AM
But isn’t bitcoin already being used as an actual currency? There are companies and merchants already accepting it as a form of payment. Plus, there are bitcoin ATM machines popping around the world. That’s enough evidence to support the legitimacy of bitcoin as a digital currency, right?


Title: Re: Can you use Bitcoin as a practical currency?
Post by: toast on October 04, 2018, 03:52:26 AM
Visa, American Express and Mastercard are not offering payments with cryptocurencies, at least for now. You can make purchases with BTC online though in quite a lot of online stores. Just google them and you'll find it.
very lucky investors who the government in their country has legalized crypto currency as the prevailing currency and for now bitcoin cannot directly do the payment system directly because in my country bitcoin is prohibited from making transactions directly in the transaction process


Title: Re: Can you use Bitcoin as a practical currency?
Post by: warning_btc on October 04, 2018, 03:58:04 AM
Nobody dont do this.
All before cashout to regular fiat moneys then use it as practical currency


Title: Re: Can you use Bitcoin as a practical currency?
Post by: adpinbr on October 04, 2018, 04:26:48 AM
practically thinking, of course it is practical. your only investment is time and that's it. you dont need money to start working on bitcoin


Title: Re: Can you use Bitcoin as a practical currency?
Post by: sheenaedago on October 04, 2018, 05:02:14 AM
practically thinking, of course it is practical. your only investment is time and that's it. you dont need money to start working on bitcoin
I think bitcoin built as a practical motivation in every people, a great opportunity that rarely come in every lives. We only have to spend more time and patience in this investment and be aware on waiting till the bull run.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: cryptocashexpress on October 04, 2018, 06:27:30 AM
Yes, Already there are many services which come and accept the bitcoins and other cryptocurrencies. I am sure it gain more popularity and craze in a next few years.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: doodle07 on October 04, 2018, 06:36:33 AM
As long as it is not restricted in the place where you use it, yes bitcoin can be a practical currency. But it always depends on how they deal with bitcoin or crypto currencies, as long as they accept it you can use it, for now few have been accepting bitcoins, you can use it if you convert it into fiat.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: musharaf on October 04, 2018, 06:47:10 AM
Bitcoin is practical because it is doing every thing that can be done by other currencies as well and people can en cash it as well so all the functions of the fiat is performing by bitcoin the crypto king and it is now a world wide using currency in 2018.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Nick Abimanyu on October 04, 2018, 07:19:37 AM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


As far as I know, American express or VISA doesn't offer such opportunities they only facilitate people who want to buy bitcoin.
There are many reasons so that bitcoin can be used as a currency the most practical, and some of its parts are listed here.
  • Bitcoin is a technological and financial breakthrough.
  • Online shops are increasingly accepting payments in bitcoin but regardless of the general disposition for digital money.
  • According to statistical data Bitcoins are often used in currency transactions.
  • No third party or bank takes part.
  • In the case of bitcoin investment is an example of the best case.
  • More and more large companies, and countries that join into it.
  • Transactions with bitcoin can save time.
  • Bitcoin transaction costs are lower than other payment systems.
  • When we shop in foreign online stores, we don't need to convert bitcoin to other currencies.
  • Bitcoin wallets are much safer than credit cards or accounts from any other payment system.
  • Anyone can check every blockchain transaction.

Now I want to purchase my Pizza using Bitcoin :D
What do you think brothers?

It's easy, but with one note, you and the Pizza shop owner must have a bitcoin wallet.  ;D ;D ;D


Title: Re: Can you use Bitcoin as a practical currency?
Post by: baby1moretime on October 04, 2018, 07:25:53 AM
In the history of human evolution, feathers and shells have been considered money. Dollars and euros are money. Gold and silver are also money. Bitcoins and virtual currencies can also be considered as money. In some countries, people can pay bills online, pay by card and take deposits directly into bank accounts, all use digital. These transactions are encoded by the same techniques as Bitcoin.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: KenChanYu on October 04, 2018, 07:40:05 AM
As long as it is not restricted in the place where you use it, yes bitcoin can be a practical currency. But it always depends on how they deal with bitcoin or crypto currencies, as long as they accept it you can use it, for now few have been accepting bitcoins, you can use it if you convert it into fiat.
 As an individual motivation bitcoin has a great potential virtually of the currencies. But it all depends on the current situation and countries adoptation, if the government take risk of it, then the huge development of bitcoin will turn out as practical currency. And I know it won't take easily, a long procedure and process will consume some time before it will declare the acknowledgement. Only time and patience for the great thrives.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Ekimzjames20 on October 04, 2018, 08:13:20 AM
As long as it is not restricted in the place where you use it, yes bitcoin can be a practical currency. But it always depends on how they deal with bitcoin or crypto currencies, as long as they accept it you can use it, for now few have been accepting bitcoins, you can use it if you convert it into fiat.
 As an individual motivation bitcoin has a great potential virtually of the currencies. But it all depends on the current situation and countries adoptation, if the government take risk of it, then the huge development of bitcoin will turn out as practical currency. And I know it won't take easily, a long procedure and process will consume some time before it will declare the acknowledgement. Only time and patience for the great thrives.

In my country it will not accepted as a payments, i did not heard it, that there is companies accept. I think because in my country it is not develop yet, many places no internet or signal and it is not already legal but not also ban. It depend on where country are you? Some contries used already it, just a little search.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: andriw on October 04, 2018, 09:10:17 AM
it can happen if both parties, buyers and sellers, have support for payment with bitcoin, for example the seller must provide a btc account to receive each payment transaction, so that the buyer if he wants to buy goods, he only has to transfer bitcoin from the buyer's account to the seller's account .


Title: Re: Can you use Bitcoin as a practical currency?
Post by: CrimBit on October 04, 2018, 09:55:42 AM
The purpose of Bitcoin is as a currency for global transaction tools, this is done without the help of third parties, I think this is practical in the world of transactions. But Bitcoin is not yet suitable for micro transactions, Bitcoin is more suitable for large transactions or in business. This can be used as a practical currency because there are sub-standards that we can store and drag through a bitcoin wallet or any application that can save Bitcoin for any purpose in your life.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: ETHtotheMOON1 on October 04, 2018, 10:01:11 AM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin :D
What do you think brothers?

you can use it easily for online payments, also there are some cards that let you connect your account with cryptocurrencies, such as revolut for instance. Just do the research


Title: Re: Can you use Bitcoin as a practical currency?
Post by: hungsanh2512 on October 04, 2018, 10:21:59 AM
Bitcoin has two core functions of money : it is an exchange medium and a place to store value. You can use Bitcoin trading via the internet or some places where Bitcoin is accepted.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: slaz26 on October 04, 2018, 10:23:59 AM
My friend earned a couple of days a few thousand dollars. Remember the moment when bitcoin rose to 20 thousand dollars? So, he bought it some time before these events and then sold it.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: bitcoinVPSD on October 04, 2018, 10:37:26 AM
I think bitcoin is becoming popular and it is used to make large transactions. The use of bitcoin for daily transactions is still not common. So at the present time bitcoin is more suitable for online transactions. And I believe that bitcoin payments will be a new trend in the future.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Snyderfx2 on October 04, 2018, 10:44:24 AM
If your daily needs can be covered through on line transactions well bitcoin can do that better but you won't be able to use it every where like fiat currencies because it doesn't have a physical form but that won't be a boundary to anyone because today most goods and services can be purchased on line without a problem and in the future this situation will be much better because we can see more bitcoin into business adaptation in the financial world than before


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Sponsoredby15 on October 04, 2018, 01:43:40 PM
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


Now I want to purchase my Pizza using Bitcoin :D
What do you think brothers?
It may not be practical today but it can be enhanced and upgrade soon. Besides Bitcoin today is already considered as a store of value. It may not be on the whitepaper of Satoshi Nakamoto but I believe he already invision it and predicted that the price will soon be high because it has a very limited supply.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: bangkecol on October 04, 2018, 01:48:32 PM
You can use bitcoin in various stores that have received bitcoin into a payment tool. I think bitcoin is a revolutionary technology and I think bitcoin will continue to grow year by year.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: hometester on October 04, 2018, 01:57:56 PM
I know that there are many services where you can use bitcoin in everyday payments, including there are cards that will write off the payment in bitcoin at the exchange rate) study this issue, I think you will discover a lot


Title: Re: Can you use Bitcoin as a practical currency?
Post by: bitcoindusts on October 04, 2018, 02:11:43 PM
As long as it is not restricted in the place where you use it, yes bitcoin can be a practical currency. But it always depends on how they deal with bitcoin or crypto currencies, as long as they accept it you can use it, for now few have been accepting bitcoins, you can use it if you convert it into fiat.
 As an individual motivation bitcoin has a great potential virtually of the currencies. But it all depends on the current situation and countries adoptation, if the government take risk of it, then the huge development of bitcoin will turn out as practical currency. And I know it won't take easily, a long procedure and process will consume some time before it will declare the acknowledgement. Only time and patience for the great thrives.

In my country it will not accepted as a payments, i did not heard it, that there is companies accept. I think because in my country it is not develop yet, many places no internet or signal and it is not already legal but not also ban. It depend on where country are you? Some contries used already it, just a little search.

Sadly, even with its popularity, bitcoin is still heavily reliant on internet connectivity. Yes, there may be cases where an offline bitcoin transaction might take place, yet, at the end of the day, without the internet, the blockchain might not be able to process and record your transaction.

Thus, places where internet is not available at all might have a hard time dealing with bitcoin as a practical currency.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: mmo_online_1981 on October 04, 2018, 02:17:12 PM
You can use at the support points or accept payment by Bitcoin and altcoin! Currently, there are not many places to accept, it takes more time for Bitcoin to be widely used


Title: Re: Can you use Bitcoin as a practical currency?
Post by: ace1105 on October 04, 2018, 02:24:30 PM
You can use at the support points or accept payment by Bitcoin and altcoin! Currently, there are not many places to accept, it takes more time for Bitcoin to be widely used

Yes, as of now only few stores are accepting it and most of them are online stores. So far, the improvements on bitcoin is good and the adoptions will continue to develop soon.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Wall_Streeet on October 04, 2018, 02:54:23 PM
many already use cryptocurrency for purchases, and others, so I believe that this is the current reality


Title: Re: Can you use Bitcoin as a practical currency?
Post by: kalkaiina on October 04, 2018, 02:57:15 PM
many already use cryptocurrency for purchases, and others, so I believe that this is the current reality

Many people use crypto as payment method, I agree, but I think, that bitcoin in not the best payment instrument because of the high fees


Title: Re: Can you use Bitcoin as a practical currency?
Post by: BCTalkaccountforsale on October 04, 2018, 03:36:35 PM
For Bitcoin to become a popular currency, Bitcoin must be accepted by everyone. But it is difficult for people to use Bitcoin to young, so older people and children may not know Bitcoin. I think Bitcoin is a very hard currency to disseminate


Title: Re: Can you use Bitcoin as a practical currency?
Post by: entar pasar on October 04, 2018, 03:45:10 PM
I think it's easy to use bitcoin, just as practically as we pay using a credit card, but it's easier, we just need a bitcoin wallet and wallet address from retail seller, we can send bitcoin from our wallet to the seller's wallet through that address, there are some retailers who have provided QR code on the cashier, so we only need to scan the QR code to pay for it


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Madiha on October 05, 2018, 02:23:27 AM
i think, bitcoin is a practical currency, which we can use online payment system easily. but we dont use it paper currency any country quickly . we can do exchange.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Beatrix77 on October 05, 2018, 02:31:58 AM
Currently, electronic payment is widely and widely used. People won't have to go to the bank to withdraw money, keep money and can pay anywhere with just a phone. Trading becomes easier and faster, contributing to stimulating trade. Some stores now accept bitcoin deals as a new payment method.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Shreek on October 05, 2018, 02:35:53 AM
Yes, you can use BTC as a safe, convenient, cheap and fast practical currency
Bitcoin can also be used as a payment gateway for transactions that do not require complicated things
everything can be done simply by Bitcoin, and is very suitable for practical people


Title: Re: Can you use Bitcoin as a practical currency?
Post by: royaljack200 on October 05, 2018, 02:36:32 AM
It is practical. It won't replace our main currency at least not now but it's convenient as you can pay for anything without using any important information. It was created as a means to make online payments easy and quick.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: market-beta on October 05, 2018, 02:50:28 AM
if for now it still can't, bro. using bitcoin as a currency. except for fellow members. because the government in my country Indonesia still prohibits bitcoin from being used as a legal currency like paper currency


Title: Re: Can you use Bitcoin as a practical currency?
Post by: lombok on October 05, 2018, 05:52:50 AM
Yes, of course, where I live there is a car repair shop that wants to accept payments using bitcoin but not everyone already has the bitcoin. But I always give understanding to the community to be more confident in cryptocurrency


Title: Re: Can you use Bitcoin as a practical currency?
Post by: kokobaba880 on October 05, 2018, 06:09:47 AM
It is not very interesting that many coins are universally acceptable and if crypto exchange in operating in every country that would be more good because the people will more trust and they will make transactions in crypto and now you can pay every where in the world so it is also a practical currency.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Nnedaddy1 on October 05, 2018, 06:51:47 AM
If by "practical currency" you meant fiat, then the answer is no.

Bitcoin is a decentralized virtual currency.
It is fiat and I do not think it's possible for it to become fiat as that would defeat the purpose of its creation by Satoshi  .N.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: fzavertuk on October 05, 2018, 07:57:09 AM
I believe so. How many things did not happen in the market. Bitcoin is still alive. And what's more, he's still the king of crypto. Therefore, I can say with confidence that bitcoin is practical


Title: Re: Can you use Bitcoin as a practical currency?
Post by: ribowo76 on October 05, 2018, 08:20:28 AM
For now, there may still be many people who have difficulty using bitcoin as a payment instrument. One reason, maybe because there are still many countries that do not have regulations for bitcoin. But I believe, someday. When everything is ready, bitcoin will be accepted globally as a means of payment  :)


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Bonnie113 on October 05, 2018, 08:29:32 AM
he use of bitcoin as a payment method is widely used by people. Some stores in countries have accepted this payment method. You buy a pizza or something at those stores and pay with bitcoin if you want.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: pinoyden on October 05, 2018, 08:31:19 AM
For now, there may still be many people who have difficulty using bitcoin as a payment instrument. One reason, maybe because there are still many countries that do not have regulations for bitcoin. But I believe, someday. When everything is ready, bitcoin will be accepted globally as a means of payment  :)

bitcoin is already been recognized around the globe and bitcoin is not also diffcult to understand because it is only a virtual currency just like paypal . regulation is not also the reason on why some countries ban bitcoin .  bitcoin is decentralized and cannot ever be regulatize or control by a government . they can only ban physical shop and stores that accepts bitcoin , they can also ban websites that is related to bitcoin but it is still possible to access and use bitcoin using a third party software .


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Snyderfx2 on October 06, 2018, 03:01:36 PM
You can use bitcoin in various stores that have received bitcoin into a payment tool. I think bitcoin is a revolutionary technology and I think bitcoin will continue to grow year by year.
Absolutely but still we don't see many bitcoin payment options because still bitcoin is adapting into businesses so it is still progressing in the financial world but soon people will have large number of bitcoin payment options and that will increase the use of bitcoin as a currency than we see today but for that to happen I think the current volatility should be change because otherwise it can make an disadvantage for both consumer and the company


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Kim Addington on October 06, 2018, 03:14:24 PM
A retailer could not only save money by paying less fees than credit cards, but could also save money/time/resources by using bitcoin to buy the bulk items they sell in stores. Walmart, for example, using bitcoin behind the scenes to buy what they sell. This idea is touched upon in the book The Age of Cryptocurrency.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: April Ford on October 06, 2018, 03:32:52 PM
You can spend Bitcoin (and other cryptocurrencies) on any item or service that the provider will accept Bitcoin as payment. For Example, a bank will not allow you to pay your mortgage in cryptocurrency, but you may be able to purchase a house with cryptocurrency if the seller is willing to accept it.
Certain states, such as Vermont and Arizona, are beginning to allow cryptocurrency for tax payments, and many people are pushing the IRS to allow tax payments in cryptocurrency as well.
Also, one of the benefits of Bitcoin are to have an immutable historic record or payment, so it may be beneficial for large purchases while not as important for smaller, more average transactions such as purchasing a cup of coffee.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: yoseph on October 06, 2018, 04:08:51 PM
A retailer could not only save money by paying less fees than credit cards, but could also save money/time/resources by using bitcoin to buy the bulk items they sell in stores. Walmart, for example, using bitcoin behind the scenes to buy what they sell. This idea is touched upon in the book The Age of Cryptocurrency.
Consumers would want to switch from using their credit cards to using Bitcoins because of all the fees associated with using their credit cards for purchases. Bitcoin is already a practical currency due to its popularity for making payments all over.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: anshkumandhan on October 06, 2018, 04:37:31 PM
I do not know much about it,but I have found through my personal sources and crypto news that in some countries,Pizza and cold drinks can be bought in exchange for crypto currency.Hopefully soon all the resource and resources of life can be bought by crypto currency.Hopefully,all countries will soon validate it.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: noorammak on October 06, 2018, 05:24:09 PM
All of us who are participants and are using cryptocurrency want BTC to be the official currency and used in commodity trading. But as you see, we are fighting the whole world. I think this will take time.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: sunsilk on October 06, 2018, 05:30:48 PM
Most of those factors that has been mentioned are true about bitcoin but I have to disagree with few factors that was mentioned like not being a good solution for day to day purchase. People today loves online shopping and in my local, I've seen that I can apply and use bitcoin for those purchase.

I don't have to use credit card or my PayPal just for it though I have an option for COD but I'd prefer to use bitcoin to contribute to the crypto ecosystem. It takes time for a transaction? yes it takes time, for about 5-10 minutes nowadays and that isn't much wait.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Yusuf_Jay on October 06, 2018, 05:38:06 PM
Not now, as you know, bitcoin still has many obstacles to use as a practical currency, Bitcoin must be able to solve some problems related to shipping time and costs.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: RiskySanchez on October 06, 2018, 05:40:33 PM
the existence of bitcoin must be given more attention, especially in the food business sector, B2B and P2P. because every sector has a big influence in the development of bitcoin in the future. especially I was very happy when I found out that the visa and mastercard began to be integrated with the blockchain system


Title: Re: Can you use Bitcoin as a practical currency?
Post by: T o x i c a l on October 06, 2018, 05:50:21 PM
I have a Hapo card for several years now. I use it when I go shopping and make purchases. Therefore, I can say that I use Bitcoin almost every day. For me, this is a common thing - to put my Bitcoins into my Hapo account and use the card when making my daily purchases.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: shendy on October 06, 2018, 06:01:12 PM
Gradually bitcoin will become a practical means of payment, all of this will run with time.
Bitcoin is starting to expand and this is sure to be more and more companies that will receive payments with bitcoin.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: cetald on October 06, 2018, 06:04:46 PM
It curls from the country in which you live. If the exchange services are functioning well enough in your country, then there is no problem. But even if there are restrictions in banks, you can always use the services of virtual payment cards.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: Rustamm on October 06, 2018, 06:51:41 PM
Bitcoin and another cryptocurrency is still at the stage of legalization by the states. This process is long and when it ends and the cryptocurrency will be legalized by most states, only then will the infrastructure for its practical application develop very quickly and people will be able to use it directly in practice to buy various goods and provide services. Until the time for this has come.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: SventraPapere on October 06, 2018, 07:47:25 PM
The course is not stable at the moment.Pizza to buy for bitcoins is definitely not worth it)and then you will regret that you spent precious)As the famous case when a guy bought a pizza for 10,000 bitcoins))))))))))))))))))))for bitcoins you need to buy something more worthwhile like a house or a car.And what better to do it not now,but later.When the rate will normally rise.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: mutrang23 on October 06, 2018, 07:52:23 PM
I still use Bitcoin for payments. I'm a miner, and I use Bitcoin for large payments if I do not want to use the services that come from the banks. Many people like me choose Bitcoin as a currency to replace FIAT in transactions.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: thankyoulord on October 06, 2018, 08:13:48 PM
This depends on your country. if the system permits the use of bitcoin as practical currency, then why not. It even encourages its usage. It's really much secure than most currency on some financial systems. And it blends with the global technological, and because of it's technical diversity, it can be literally used for purchasing anything. I sincerely will agree with any country or system who merges, or permits the use of Bitcoin as a practical currency. It simply signifies the hunger for advancement in that nation or system. which is pretty much reasons why most developed countries are where they are now. Adoption of the now and a sight for the future.


Title: Re: Can you use Bitcoin as a practical currency?
Post by: DiabolicAnt on October 06, 2018, 08:21:33 PM
I think that in current conditions it is hard to make it really practical, however it really can be used to save money/investments and to buy something.