Nyeyzel
Jr. Member
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Activity: 168
Merit: 1
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March 05, 2018, 10:02:48 AM |
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In our area bitcoin is still unavailable to purchases good buying in groceries store, appliances, etc. Because you need to connect to the internet to work for it, more establishment doesn’t know how to accepts bitcoins as a mode of payment. As of spending, I don’t have a plan where to spend my bitcoin (if I have)”hoping to have at least one BTC.” I just save it for the first places and hopes the prices go up.
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micher143
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March 05, 2018, 11:13:04 PM |
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To grow the adoption of bitcoin we need people spending it as a daily currency. In my country there is not much I cant buy with bitcoins. Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to. A bitcoin debit card can be very handy.
Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi
Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.
Bitcoin is a form of cryptocurreny that is meant to be used in both transaction and investment. It is a two thing that people need to earn and to have a better experience on transaction. For me it is two or the best way Bitcoin could give us in the way Bitcoin could be a part of our daily transaction and investment for us to earn and to gain profit.
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vanslyien
Newbie
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Activity: 70
Merit: 0
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March 05, 2018, 11:19:22 PM |
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We cannot use bitcoin on daily basis because shops here dont accept bitcoin as a payment for purchasing goods. Main reason is that business owners are not aware or knowledgeable what a bitcoin is or maybe they are scared to embrace and recognize its use because of the bad news that they heard about it. But there are money changer shops who accepts bitcoin here, so for us to use it, we need first to convert bitcoin into fiat.
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Coffee_Lover
Jr. Member
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Activity: 196
Merit: 3
Soycoin is the future "stablecoin"
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March 06, 2018, 03:08:50 AM |
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To grow the adoption of bitcoin we need people spending it as a daily currency. In my country there is not much I cant buy with bitcoins. Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to. A bitcoin debit card can be very handy.
Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi
Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.
It may seem to be very convenient to use bitcoin in paying bills and buying things but Bitcoin is still starting in my country, it is not that famous yet. It may still be hard to cash it out. It is fine with me that stores and other establishments are not using bitcoin. Actually they may not be knowledgeable on bitcoins.
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arthur25
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Activity: 182
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March 06, 2018, 03:46:36 AM |
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Spending bitcoin in day to day is quiet embarrassing. Let us take a look of bitcoin price always in the process to goes up and down. The more you spend your bitcoin the more you don't have it. Btc is not for day by day uses but rather it is for one big time use.
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buje micin
Jr. Member
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Activity: 210
Merit: 1
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March 06, 2018, 03:52:02 AM |
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I spent bitcoin to pay bills, I have a family so I followed the insurance for my family, I also use bitcoin to trade in altcoin to increase income
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Siren
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March 06, 2018, 04:00:34 AM |
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To grow the adoption of bitcoin we need people spending it as a daily currency. In my country there is not much I cant buy with bitcoins. Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to. A bitcoin debit card can be very handy.
Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi
Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.
converting bitcoin to fiats is way of spending it right?so i guess all of us can spend bitcoin in any spending we want,just like before going to shopping convert your bitcoin first so everything you bought in malls or you have eaten is considered as spends in bitcoin.am i right?we dont need to literally use bitcoin as in payments accessories
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bechay20
Newbie
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Activity: 114
Merit: 0
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March 08, 2018, 03:00:31 AM |
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Here in my place it is hard to use bitcoin directly because there is only few people knows about it and there still no groceries,stores accepting bitcoin as a payment purchasing goods thats why we have to convert it first into our national currency before spending it by purchasing anything what we Want.
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chocomartin
Member
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Activity: 74
Merit: 10
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March 08, 2018, 04:16:06 AM |
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I would not be able to spend BTC quite so easily in my day-to-day life where I'm from (Philippines). Simply because it hasn't been fully recognized here and the concept of cryptocurrencies isn't really something that can easily be accepted or digested by the people here. Although there are signs of progress such as a few businesses (ie. restaurants, deal grocers, property marketplaces, meat shops) allowing the use of btc in transactions.
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Maslate
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March 08, 2018, 04:43:00 AM |
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Here in my place it is hard to use bitcoin directly because there is only few people knows about it and there still no groceries,stores accepting bitcoin as a payment purchasing goods thats why we have to convert it first into our national currency before spending it by purchasing anything what we Want.
Then you better hold your bitcoin as eventually when bitcoin continues to be popular, more people will be using it. The development continues because bitcoin is slowly getting the recognition of the people, thanks to the good price increase, it has attracted a lot of investors and the government are on it now.
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paparexon0414
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March 08, 2018, 04:55:19 AM |
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in my country, I can use bit coin as a payment. Maybe not directly but still it came from my bitcoin. Its like this way,when I see something online products or services that I want, then there are this option where you can use this wallet (coins.pH). Then after that, this local wallet is directly converted my bitcoin to fill the amount needed. And thats it, I already used my bitcoin in my online transactions. It doesn't matter if you use it directly or with other options. At this moment, bitcoin is already making ways to create new ways to use it as new payment scheme.
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jeaniferomambac
Jr. Member
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Activity: 135
Merit: 5
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March 08, 2018, 05:25:24 AM |
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in my country, I can use bit coin as a payment. Maybe not directly but still it came from my bitcoin. Its like this way,when I see something online products or services that I want, then there are this option where you can use this wallet (coins.pH). Then after that, this local wallet is directly converted my bitcoin to fill the amount needed. And thats it, I already used my bitcoin in my online transactions. It doesn't matter if you use it directly or with other options. At this moment, bitcoin is already making ways to create new ways to use it as new payment scheme.
For me i think they are not use there bitcoin for day to day expences because i think they want to gather it for their future and maybe there some things they want to buy like they want to buy a car and to buy that you need to gather your all wages from bitcoin.
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enhu
Legendary
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Activity: 2492
Merit: 1018
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March 08, 2018, 05:38:54 AM |
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Theres not much merchants accepting bitcoin in my country though but I have encash my bitcoin to spend everyday already. I even travel to another countries using the money I've earned with trading bitcoin. The only way I have spend my bitcoin which I send bitcoin to buy something is the services online and the domains I've bought. Nothing else as for now if there will be stores in our country selling hardware computers one day, I might do it.
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doraegun
Jr. Member
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Activity: 251
Merit: 2
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March 08, 2018, 05:49:35 AM |
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To grow the adoption of bitcoin we need people spending it as a daily currency. In my country there is not much I cant buy with bitcoins. Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to. A bitcoin debit card can be very handy.
Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi
Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.
In my country BTC is not recognized by Bank central of the Philippines, almost all of Bitcoin user here in the Philippines is to engage to COINS.PH because that's the only legit wallet provider here in the Philippines. but for spending of BTC to pay whatever the things you need to payout is not yet applicable here. only converted to fiat money is available as of now because no commercial business, establishment, hotel and restaurant can accept any payment from bitcoin.
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FUD Expert
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March 08, 2018, 05:54:09 AM |
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Right now, I notice that bitcoin is only used in paying for online services. Accounts in streaming, vpn, domains are the main examples. It's like they use it on those to hide their identities.
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MakLampir
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March 08, 2018, 06:00:02 AM |
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in my country bitcoin not so well known, I have to exchange my bitcoin with paper money first to be able to use it. if not, bitcoin would be of no use here.
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Ziskinberg
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March 08, 2018, 06:28:00 AM |
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in my country bitcoin not so well known, I have to exchange my bitcoin with paper money first to be able to use it. if not, bitcoin would be of no use here.
Where do you exchange your bitcoin into paper money, it sounds new to me actually. I think if you have exchanges in your country that would be a great start, the presence of bitcoin is there and eventually when people get informed about bitcoin, they will be using it and that popularity will spread.
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Wend
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March 08, 2018, 07:06:34 AM |
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There are lots of things that I wanna do online but I can't use my bitcoin wallet, so I am just transferring it thru cash wallet so I can access/use it, the good thing is it is easy to transfer.
Actually they have some online stores accepting bitcoin but i do not know what it is, My friend told me that so ill trust him that have. Transferring your bitcoin into it is better also if you have some important thing you need the money.
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mstfprcn
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March 08, 2018, 07:41:58 AM |
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I think it cannot be use it from now, because, not all the people know bitcoins, they are all wondering how does the bitcoin works?, How we can transact on bitcoins?, and what will be our securities?. For me, first, we must promote bitcoins to be well known for all who will use the bitcoins.
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Sled
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March 08, 2018, 10:45:03 AM |
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I think it cannot be use it from now, because, not all the people know bitcoins, they are all wondering how does the bitcoin works?, How we can transact on bitcoins?, and what will be our securities?. For me, first, we must promote bitcoins to be well known for all who will use the bitcoins.
You are in a Hero Member rank and you should know how to answer your simple questions. We can transact on bitcoins by simply getting the bitcoin address of the receiver and then using that address, you will send the bitcoin then you can complete your transaction with that. Our securities is not a problem because the blockchain network makes you anonymous so you don't need to worry.
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