Daily use of bitcoin?

[citywise2]

My everyday of using bitcoin is based in my investment. I use  to  do my trade with bitcoin everyday.
More over i am into other transaction with bitcoin everyday..sometimes i do my soccer betting with bitcoin.
So i am making use of bitcoin everyday.

[1715345376]

1715345376

[DD-Lex]

It would be very convenient to have the opportunity every day in any place to be counted by the bitcoins. In our country there is no such opportunity, only through the Internet it is possible to make purchases.

[wxa7115]

It would be very convenient to have the opportunity every day in any place to be counted by the bitcoins. In our country there is no such opportunity, only through the Internet it is possible to make purchases.

The same happens in my country there are no stores that accept payments in bitcoin and even in stores where you could expect to find more modern and informed people like in stores that sell hardware for computers we are unable to pay with bitcoin and people have not even heard about bitcoin at all.

[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?

And in comes lightning network to the rescue...

What Lightning Network are you pertaining about ? 

Well, yeah we can't admit that the confirmation in Bitcoin takes too long. But, once we send transactions, all we need is the TX ID. As long as TxID appears. Means that the transactions are in the Blockchain already so I think it can be used in our daily lives. In fact I watched a news in the TV that there is a cafe I think that accepts Bitcoin as a payment. And he is not having trouble using it so for me its okay to use Bitcoin as mode of payment in the commodities that we should pay in our daily living

Obviously, this is nowhere near the case

Just seeing the transaction on the network is not enough. It can be rejected due to various reasons (the most common one is low or no fees), it can be cancelled or overridden by another transaction with higher fees (so-called double-spend). In this manner, you need at least one confirmation to make sure that reversing this transaction will be prohibitively expensive for whoever might be interested in that. But confirming transaction takes time, and even if it takes a few minutes, this is still too much for most practical purposes involving daily expenses

[Deep BTC]

It would be very convenient to have the opportunity every day in any place to be counted by the bitcoins. In our country there is no such opportunity, only through the Internet it is possible to make purchases.

The same happens in my country there are no stores that accept payments in bitcoin and even in stores where you could expect to find more modern and informed people like in stores that sell hardware for computers we are unable to pay with bitcoin and people have not even heard about bitcoin at all.

If you are not able to shop with bitcoin in your country, you can do something.
You can shop with your bitcoin at your friends workplace. You can offer people to make payments with bitcoin.

[crairezx20]

It would be very convenient to have the opportunity every day in any place to be counted by the bitcoins. In our country there is no such opportunity, only through the Internet it is possible to make purchases.

The same happens in my country there are no stores that accept payments in bitcoin and even in stores where you could expect to find more modern and informed people like in stores that sell hardware for computers we are unable to pay with bitcoin and people have not even heard about bitcoin at all.

If you are not able to shop with bitcoin in your country, you can do something.
You can shop with your bitcoin at your friends workplace. You can offer people to make payments with bitcoin.

Good idea but do you think your friends will accept bitcoin?
I think many alternative that you can use bitcoin you can use bitcoin online payments buying services or digital goods online can be use bitcoin as payment look at few site out there like namecheap they are accepting bitcoin as payment and steam they are accepting bitcoin as payment..
Look other country like brazil and paris they have also store are accepting bitcoin as payment locally but i think it will happen too in other country..

[stompix]

It would be very convenient to have the opportunity every day in any place to be counted by the bitcoins. In our country there is no such opportunity, only through the Internet it is possible to make purchases.

The same happens in my country there are no stores that accept payments in bitcoin and even in stores where you could expect to find more modern and informed people like in stores that sell hardware for computers we are unable to pay with bitcoin and people have not even heard about bitcoin at all.

If you are not able to shop with bitcoin in your country, you can do something.
You can shop with your bitcoin at your friends workplace. You can offer people to make payments with bitcoin.

How can you actually do that?
You move to your friends country to do bitcoin shopping?

How can you offer people to make payments in bitcoin when you're not selling anything?
Really , what is with those suggestions?

[MyIdeas]

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?

Definitely,its becoming a great issue nowadays which would make new companies to drop bitcoin adoption.It has to be solved and the other issue of high transaction fees too has to be solved as bitcoin users will not find it economical to buy small goods with bitcoin otherwise.

In both that cases you have to accept one of them like if you want faster transaction then you will need to pay a little high fees so the transaction will complete in a few minutes and if you will pay a lower fees for transaction then it will take some longer time to confirm.

[jossiel]

Approval will affect our transactions if the person that we are dealing with needs that amount very bad.

But I don't think that will affect the daily usage of bitcoin because for me, it's already a normal thing and besides there is a tool that we can use for accelerating our transaction.

Though it's a common problem but once you see the transaction was already recorded and you can trace it on the network, I guess that would be fine.

[Jewell]

Mostly i use bitcoin when i need money to withdraw i send to my digital wallet called webmoney and after that transfer to my bank. On my country right now, not too much services accepting bitcoin even if they are they take 30-40% more then a normal price. Still we don't find a way to confirm transactions faster, that's the biggest problem why we can't use it everwhere

yes in my are we also do not have the facility to use bitcoin directly for shopping, but we can easily convert our bitcoin into our local fiat currency and then can use it for fulfilling our needs.

[Creepings]

Mostly i use bitcoin when i need money to withdraw i send to my digital wallet called webmoney and after that transfer to my bank. On my country right now, not too much services accepting bitcoin even if they are they take 30-40% more then a normal price. Still we don't find a way to confirm transactions faster, that's the biggest problem why we can't use it everwhere

yes in my are we also do not have the facility to use bitcoin directly for shopping, but we can easily convert our bitcoin into our local fiat currency and then can use it for fulfilling our needs.

In the Philippines,  there are no Bitcoin ATMs to withdraw bitcoin unlike other country. But the good thing is, bitcoin are now acknowledged by the banks and now they are accepting bitcoin which is really great. Though there are still few stores that accept them, maybe because of the volatility of bitcoin or they just don't know it yet.Good thing there are wallet that we can convert our bitcoins easily and withdraw it on money pick ups or on bank.

[Mumbeeptind1963]

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?

Patience is a virtue my friend , we should be gratefull sometimes that we are earning bitcoins for free or we can earn it with our freetime without any difficulty. We should learn to be patient buddy.

[iqlimasyadiqa]

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?

Patience is a virtue my friend , we should be gratefull sometimes that we are earning bitcoins for free or we can earn it with our freetime without any difficulty. We should learn to be patient buddy.

very difficult to get bitcoin. should we be grateful when getting a chance to get a free bitcoin. and with it we can use bitcoin to meet day-to-day life.

[Astvile]

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 as long as you have sent the bitcoins through the merchant or shops wallet then you can get your order as fast as you pay for it.Bitcoin transaction are not irevisable,you cannot refund any of your transactions so no need for the shop to wait for confirmations on block if you have sent the bitcoins

[DoublerHunter]

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 as long as you have sent the bitcoins through the merchant or shops wallet then you can get your order as fast as you pay for it.Bitcoin transaction are not irevisable,you cannot refund any of your transactions so no need for the shop to wait for confirmations on block if you have sent the bitcoins

I agree with you. That is why bitcoin is perfect for business because bitcoin cannot do chargeback like the paypal which can scam people who uses it. As soon as you do transaction with a store and they see the bitcoin in blockchain then you can tell to them that you already do a full payment because it will just take at least 30 minutes to get fully confirmation in the blockchain.

[Michel de Montaigne]

I can order food from home with bitcoin. I can order pizzas, coffee, hamburgers, etc from home.
It may not be practical to pay with bitcoin directly in Starbucks. Or it may not be practical to pay for fast food products with bitcoin.
But we can order these products online.

[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 think as long as you have sent the bitcoins through the merchant or shops wallet then you can get your order as fast as you pay for it.Bitcoin transaction are not irevisable,you cannot refund any of your transactions so no need for the shop to wait for confirmations on block if you have sent the bitcoins

I agree with you. That is why bitcoin is perfect for business because bitcoin cannot do chargeback like the paypal which can scam people who uses it. As soon as you do transaction with a store and they see the bitcoin in blockchain then you can tell to them that you already do a full payment because it will just take at least 30 minutes to get fully confirmation in the blockchain

As the saying goes, it works until it doesn't

In this case, until someone makes a successful attempt at double-spend. And you can rest assured someone will certainly try that eventually (and he may even succeed at that). As another wisdom says, to think bad of people is a sin but rarely a mistake. A few Bitcoin casinos have already burned their fingers with 0-confirmation policy, and now they require at least one confirmation till they credit the coins to the account of the player. So don't be surprised if you get brushed off when you try to "tell them that you already made a full payment"

[n0ne]

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?

Patience is a virtue my friend , we should be gratefull sometimes that we are earning bitcoins for free or we can earn it with our freetime without any difficulty. We should learn to be patient buddy.

very difficult to get bitcoin. should we be grateful when getting a chance to get a free bitcoin. and with it we can use bitcoin to meet day-to-day life.

As quoted bitcoin has got various positive testimonials, but it hasn't gained support same as our traditional currency use on daily needs. These days the earning too is quite difficult. I have seen a friend of mine getting gift in terms of bitcoin for the work that he has done to him.

[Wesimon]

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?

Patience is a virtue my friend , we should be gratefull sometimes that we are earning bitcoins for free or we can earn it with our freetime without any difficulty. We should learn to be patient buddy.

Even if you have patience, bitcoin's transaction confirmation still take time to be confirmed. As for the scenario "...get a coffee from Starbucks...", using bitcoin is impractical and it is indeed difficult to use bitcoin in a daily basis. Well if you have all the time in the world then your patience will come in handy. But let's be practical here, who would wait for an hour just to pay for a coffee which I think before you can pay for it, you already finished drinking it minutes ago (30 minutes or so). Fiat is still practical for this type of transaction.

[wahb]

I can order food from home with bitcoin. I can order pizzas, coffee, hamburgers, etc from home.
It may not be practical to pay with bitcoin directly in Starbucks. Or it may not be practical to pay for fast food products with bitcoin.
But we can order these products online.

in my area we do not have the facilities to use bitcoin for shopping or trading. in fact the users of bitcoin are not as more therefore the shopkeepers are not accepting bitcoin for shopping. but still i am hopeful that a time will come when we will also be able to use bitcoin for shopping in our local area.