Daily use of bitcoin?

[bitbunnny]

Transaction time and confirmations are one of the reasons why some merchants are still reluctant to accept Bitcoins, even if it takes only one confirmation.
But you can use Bitcoin debit card, you avoid transactions confirmation and have the full benefit of spending Bitcoins.

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[soul-impact]

If you have a business, it would be a pain for your customers to wait until the payment has been confirmed. If the blocks will stay behind, who would wait at a restaurant or minimarket for a few hours to confirm their transaction? In this case, they need to accept the payment even if it is not confirmed yet, like Microsoft and Steam does.

I never use Steam before but it does surprise me that Steam does not wait for one confirmation. At least the system must wait for one confirmation, right ? Because there are many scammer who know how to generate a double-spend technique and it can easily destroy Steam once and for all.

[iram3130]

Confirmations are not getting generated like it used it be. Now it's taking more time than previous years, We need more miners and the fluctuating rate of Bitcoin is not making it easy for new miners. We have to find a way to stop those double spend technique scammers.

[Loganota]

Unfortunately, Bitcoin nowadays is not suitable for microtransactions. This is one of the problems I see in order to be adopted on a large scale. The good thing about cryptocurrencies is that one can always improve.

[BossMacko]

If almost all the stores are using Bitcoin they should implement Instant Deposit, So that buyer should not wait one blockchain confirmation before they get the goods they are buying.

[lol3c]

Now I can proudly say that I can finally use my bitcoin directly for buying coffee There are two cafe shops nears my house that offer freaking delicious drinks and cool stuff and they accept bitcoin. And surprisingly, it doesn't take long for transactions to be confirmed, so I don't have to wait for hours like some people said. But that's all I can do with my bitcoin in reality, I hope there would be more stores that have bitcoin payment

[Betwrong]

Hi friends,

As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?

I think that merchants, especially in small stores where no expensive goods, should accept zero confirmation transactions. This would make life much easier for them and for buyers: for them because they'd have more customers and for buyers because they don't have to wait for a confirmation.

[jeraldskie11]

Hi friends,

As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?

We can see that the bitcoin from now is using for payment like what you said starbucks.  The bitcoin is new to all and that is the reason why it could happen. But when the bitcoin is became a known,  maybe in the future, you can easy pay it by only bitcoin so that in the future of bitcoin use in our daily life.

[waltonvani]

I don't think there is a need to wait for the confirmation, if a fee recommended or little above is paid you'll get faster confirmations. Other than this once after sending the receiver end gets the transacted amount under the unconfirmed transaction list. This itself helps the receiver a hope of receiving the payment.

That is correct. Why do we wait for unconfirmed transaction? with higher transaction fee it's confirmed in some minutes and then we are served by that service.

[virasog]

Transaction time and confirmations are one of the reasons why some merchants are still reluctant to accept Bitcoins, even if it takes only one confirmation.
But you can use Bitcoin debit card, you avoid transactions confirmation and have the full benefit of spending Bitcoins.

Yes, I agree but then, bitcoin totally one of the safest money paying method even in time vary for some delay yet, the security of users remain unlike those atms. Blockchain provide quite a good security unless someone tries to double spend.

[Anarchist]

For a daily use, it's kind hard to use without any 3rd party.I don't see me asking  for a BTC wallet to the cashier at the supermarket to pay the food

[CyberKuro]

Hi friends,

As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?

As I know, there is a third-party (iPayYou) to buy a coffee from Starbucks that accepted bitcoin through their official application.
Moreover, if supermarket or restaurants want to accept bitcoin, we need some intermediaries such as iPayYou or BitPay.
If time issue about bitcoin transaction confirmation could be surmounted than we will see rapidly growing of bitcoin as an alternative payment and may become a major one.

[deisik]

Hi friends,

As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?

I'd rather say using Bitcoin will be very clumsy for such ends

But you should first ask yourself why you would want to pay with Bitcoin for a cup of coffee (or tea). There is already fiat (cash) for that, and it will serve this purpose better. Since Bitcoin is rightfully considered better money than fiat while bad money always drives good money out of circulations, you will be just wasting good money on trivial things. Nevertheless, if you still want to spend your precious bitcoins this way, order a Bitcoin payment card and get done with that

[klf]

Hi friends,

As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?

I'd rather say using Bitcoin will be very clumsy for such ends

But you should first ask yourself why you would want to pay with Bitcoin for a cup of coffee (or tea). There is already fiat (cash) for that, and it will serve this purpose better. Since Bitcoin is rightfully considered better money than fiat while bad money always drives good money out of circulations, you will be just wasting good money on trivial things. Nevertheless, if you still want to spend your precious bitcoins this way, order a Bitcoin payment card and get done with that

Yup in several countries these facilities are there you can order card and use it for your personal use. But I don't know in my country we can use this card or not. Because I never saw any person that use bitcoin card in ATM. And in my country, there are other digital wallets are arrived people are using those wallets to pay bills in shoppes, and all shoppes are accepting it. So I think no one shoppes will accept bitcoin if it takes too much time to approve the payment.

[TheWallStreetCrew]

valid reason for a fork to make shorter

[deisik]

valid reason for a fork to make shorter

This is not a valid reason at all

First of all, you won't be able to get instantaneous confirmations, no matter how hard you try. Further, there is no need in such confirmations altogether. When you pay with your debit or credit card, payments are finally settled only in a few days, but you still can pay with these cards instantly without waiting for any confirmations. I guess the same can be done with Bitcoin too, for example, by using established Bitcoin payment processors (these are web wallets right now). But this all comes down to adoption. Visa and Co are known and trusted throughout the world

[uneng]

Hi friends,

As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?

You will have to wait the first confirmation. It can take some time to complete, depending the day, the moment you made the transaction. it's an issue when using bitcoin on our daily life, it will have a negative effect on the use of bitcoins as currency.
But the technology is always upgradeable and it will happen with blockchain, we are in the beginning of bitcoin age, in the future transactions will be more instantly and you won't have to wait.

[Sahyadri]

Tough BTC is not as convenient for small over the counter purchases like a coffee it is highly convenient for sending value of money overseas or shopping online, sending value of money to friends and family or to businesses.

[Ewinsane]

My daily use of bitcoin for online shopping which stuff we use in daily life i can buy easily through bitcoin and some bitcoin i use for trading and i get a good profit from bitcoin.

[tech_solutions]

I cannot use for daily use of bitcoins as in my country still their is no shop which accepts bitcoins and it is costly to shop online as shipping charges are high, so i convert it to fiat currency to use it