I think it's possible but not doable. Imposing digital currency to all kinds of transactions will be a pain in the ass and requires an upgrade of all the needed gadgets or equipment for those people who are currently not using Bitcoin as a mode of payment. In addition to this are circumstances like the need to educate those people who will be using these gadgets. In short, this change will require total acceptance of the people to Cryptocurrency.
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As of now, there is no Supermarket or Malls that accept Bitcoin in my country. But currently, there are 7 online merchants that accepts Bitcoin payment.
As far as I know, Supermarket and Malls are doing some research about Blockchain Technology and I think they will somehow consider Bitcoin as an alternative mode of payment for products and goods.
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Absolutely Yes! We are optimistic on this matter. As a matter of fact, this is our main goal. To spread the positive awareness of everyone about Bitcoin. Why? Bitcoin or Blockchain Technology has a greater role in our financial and technology growth. Transactions are fast and transparent. Everything can be traced and we can save money in producing fiat by using this digital currency and other cryptocurrencies.
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Yes, of course, the price does really matter. It is our indicator what is it's value to our current market versus fiat. It also helps us to decide when to buy and when to sell. Although we don't have that full control of its value, we have in our own little way contribute to the price growth by trading and spending.
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What should we do? We have no choice but to follow what our government told us to do so. I think they have to study first the platform so they can come up with the proper approach on how to handle not only Bitcoin but might as well as regulating all the cryptocurrencies. I think this is better. Why? Because it indicates that they are not planning to ban it, instead they just want to regulate it and make it as part of our alternative mode of payment. One advantage is that Bitcoin industry will be a long-term industry to all of us especially to those who have invested their time and money. We should look at the brighter side people.
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Bitcoin certainly helped a lot to solve the problem of unemployment. People nowadays who prefer to work-at-home due to some reasons can use the Bitcoin (Cryptocurrency) Industry to have their source of income. There is a great possibility that everyone can be involved in Bitcoin Industry especially to those countries who have a large percentage of unemployment.
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Bitcoin is controlled by the community. If we say community, we are referring to the developers, miners, traders and to all the people (bitcoin holders) who own a BTC currency.
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Bitcoin is like a double-edged sword. It can be beneficial or harmful to us. It is how we use it and how it can affect our everyday life.
As for me, I am very positive on what bitcoin can do to our fast-paced technology. Everything was so fast and we should cope up with it. Blockchain Technology has changed the way we make transactions. It almost eliminates third-party fees to buy houses, transfer money and do online transactions using this digital currency as another mode of payment.
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Why use Bitcoins ?
I keep seeing threads on “why don't people” ? The real question to me is Why would they ?
-The average consumer will go way out of their way to save money. Bitcoins cost more. -The average consumer will usually pay a little extra to have convenience. Bitcoin is less convenience and more hoops and complications.
I just cannot see any reason for the average consumer to use Bitcoins. Until average consumers start using Bitcoins they will just be an experiment and a small speculative bubble.
I have my personal reasons, I am interested Bitcoins them as a tech person, speculative investor and person that follows evolving treads and markets. I am just struggling to see any.. benefits for the average consumer at this stage.
I understand your sentiments but I think you are not aware of what Bitcoin can do. Have you heard that the first bitcoin transaction was negotiated by some individuals to buy two pizzas from Papa John's worth 10,000 BTC? Now, Bitcoin was also used as an alternative mode of payment for some transactions especially when it was done online. Average consumers will surely use Bitcoins to save time and money because of the lower fees and high efficiency in terms of a speedy transaction.
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I feel that in the near future, Cryptocurrency will be regulated by the government. Much better if they will because it means that they have already accepted the Cryptocurrency as an alternative mode of payment. A great help for the government because of the taxes and to the people because of the convenience.
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Which is the best way to promote products or refferal links? Social media and forums is total shit,no one interested in this.
One of the best ways to promote products or links are the ones you have mentioned, Social Media and Forum. Why? Because social media specifically Facebook have millions of users. The larger number of users, the more chances that your products will be promoted. I think you just need to know what is the most effective way of using these platforms. Most of the influencers uses social media in promoting the products. Social media is also effective to promote the website where the complete line of products was published. On forums, most users went there for reviews and rating of a certain product. And this method is also a great way to promote our products.
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Is there any Supermarket or Malls Accept Bitcoin near you ?
As far as I know now, there is still no Supermarkets or Malls that accept bitcoin as payment. But it would be great news if it will be implemented in our country. Some companies are now considering or I may say starting to recognize Blockchain Technology and it's possibilities to be an alternative payment for different services and all variety of goods.
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I think the best time to buy is right now. Bitcoin was at its lowest value as of this time but we are expecting to go back at the higher price. And when that time comes, you will also have the great profit when you sell it.
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People agree paying taxes first because it is the right thing to do. 2nd, because it is our lawful duty to the country we live in. All of our taxes are use by the government in maintenance and improvement of our country.
I totally agree with you! We should do our part as a citizen of our own country. While we are crying for change, we should give whatever is necessary to make our country a good place to live in. The government needs funds to do every project and it's quite impossible for them to execute it without out our taxes. Building infrastructures need a huge amount of funds and helping our country to progress is quite a great deed.
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Why choose if you can have both? While everybody has their own arguments about this issue, why not hit two birds with one stone. We can do trading of Bitcoins. When the bitcoin goes up, you can sell and invest it in real estate.
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I'm newbie , im selected get bitcoin,how to get....! Helpfull
I suggest you have to educate yourself first before getting into it. Mining requires big capital in buying pieces of equipment, it also requires proper ventilation (ACU) and low-cost of electricity. Your ROI depends on how many bitcoins you will produce on a certain period of time. Sometimes, the expenses are bigger than the amount of the bitcoin produced. Unlike in trading, you just need to know how to do it. Do some research.
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Bitcoin's price is now very low. If you want to buy Bitcoin So this is the right time. If you want to buy Bitcoin then buy it now. I hope that Bitcoin will be able to back at the earliest price.Now selling Bitcoin will be stupid. Because the price is very low, now it is better to do business without having to sell Bitcoin. Because the quantity of coins can be increased by trade.
I strongly agree, while others panic to sell their Bitcoins because of the Fear, Uncertainty, and Doubt (FUD) everywhere. This is a good opportunity to buy bitcoin. If you have bitcoin on hand, try other means to make it grow.
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Have lost so much money on coins that doesn't work well for me. My flaws are I'm impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
Don't get into something that you don't know, you have to research and study something that you might be interested in. Even Bitcoin trading have webinars and insights from experts. Try spending time looking or watching it. Be patient.
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In my opinion, Bitcoin was created to make our life easier and more secure through Blockchain Technology. Currently, almost all transactions are done online. Payment system uses the method of payments such as debit cards, credits cards and the like to be able to perform a cashless transaction. Though it saves time and effort, to shorten the process and make it transparent, the Digital currency was born.
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As for me, buying a property in BTC/ETH is not that practical as of this time because of its current value. We are still expecting and hoping that BTC/ETH value will eventually go up. From that time-being, we can easily buy even two(2) of that described property.
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