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Author Topic: when bitcoin can be used by all levels of society?  (Read 13331 times)
blackmagician
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March 12, 2017, 02:35:45 AM
 #21

all levels of society can use internet or paypal?
We should wait a little
It would be much better if paypal accepts bitcoin. Im pretty sure all levels in the society will use bitcoin for the next seven years. Including those people who dont know bitcoin and only paypal is there way to pay online.

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March 12, 2017, 11:56:33 AM
 #22

actually bitcoin already can be used by all level of society, the problem is how to convince them using bitcoin, there are too much negative publicity of bitcoin and the one that didn't know bitcoin, will considered bitcoin as a criminal currency, and we need time to change their mindset, but this need to be done slowly, but if we speak the truth bitcoin really gives so many advantage to the user and the world
True, now bitcoin already known to many levels of society. But the problem is still a lot of people who have a negative view to bitcoin like a unsafe, criminal use, etc. I agree with you, it takes time to change their mindset to believe in bitcoin. Our task as a user to introduce bitcoin to all levels of society so that they trust to use bitcoin.
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March 12, 2017, 12:05:05 PM
 #23

It really does not depend on what level of society are you in which has the capability to use Bitcoin. Of course it always depend on what is their use on Bitcoin if they have a proper function in their life if not it won't be necessary for them to use Bitcoin. For example if one person is having a hard time obtaining a credit card then he can opt out to use Bitcoin if they allow Bitcoin payment.

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March 12, 2017, 12:34:32 PM
 #24

It really does not depend on what level of society are you in which has the capability to use Bitcoin. Of course it always depend on what is their use on Bitcoin if they have a proper function in their life if not it won't be necessary for them to use Bitcoin. For example if one person is having a hard time obtaining a credit card then he can opt out to use Bitcoin if they allow Bitcoin payment.

Bitcoin is available to anyone and for anyone but of course the rich has also the advantage on this field since they have the resources to buy a huge amount of bitcoins. But it does not mean that the poor people like me cannot avail of bitcoin, with skills we can do signature campaign and other online jobs to earn bitcoins. In this picture all aspects of society can now use bitcoin since they all have now the capacity to buy or earn them.

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March 12, 2017, 12:59:10 PM
 #25

I hope that bitcoin is already in use by all levels of society in the next seven years, so that every economic activity in every transaction it could use bitcoin!

I can not figure out for the time span of seven years. As I see things this will not happen for several reasons. That is, people need information and education how to use the cryptocurrencies. The banks will fight bitcoin by any means because will be redundant. But even if previous problems will be solved, imo is impossible, have you ever consider the scalability issue? Bitcoin network as now serves with the theoretical maximum is 7tps (average 3.3). Paypal serves about 115 tps (10 million per day) and visanet 2-4000 tps claiming that can serves 56000 tps. So do you really believe yet that bitcoin will succeed to overcome all of these hassles after 7 years?
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March 12, 2017, 05:12:39 PM
 #26

I hope that bitcoin is already in use by all levels of society in the next seven years, so that every economic activity in every transaction it could use bitcoin!

7 years isn't going to be enough to be used by all levels of the society. It will take time before this happen because it's something that needs to be studied and learned by it's new users. And I don't think that all levels of society will be learning it in the future because many doesn't rely to decentralized crypto currency as it is uncontrollable.

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March 12, 2017, 07:09:12 PM
 #27

I hope that bitcoin is already in use by all levels of society in the next seven years, so that every economic activity in every transaction it could use bitcoin!

7 years isn't going to be enough to be used by all levels of the society. It will take time before this happen because it's something that needs to be studied and learned by it's new users. And I don't think that all levels of society will be learning it in the future because many doesn't rely to decentralized crypto currency as it is uncontrollable.

I agree with you - seven years is a very short time for bitcoins to be used everywhere. It is not known at all whether bitcoin will be used in two to three years. After all, the government can ban it
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March 13, 2017, 07:04:24 AM
 #28

I hope that bitcoin is already in use by all levels of society in the next seven years, so that every economic activity in every transaction it could use bitcoin!

7 years isn't going to be enough to be used by all levels of the society. It will take time before this happen because it's something that needs to be studied and learned by it's new users. And I don't think that all levels of society will be learning it in the future because many doesn't rely to decentralized crypto currency as it is uncontrollable.

I agree with you - seven years is a very short time for bitcoins to be used everywhere. It is not known at all whether bitcoin will be used in two to three years. After all, the government can ban it

Regardless if the government will do banning on their territories people that are willing to use it, will do something just to use it. But hoping that this will be used by all levels of society even the kids that doesn't need to know this isn't applicable at all. We just need to go with the flow and let them be interested to bitcoin if they know that they can earn good amount with it.

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March 13, 2017, 07:29:50 AM
 #29

I hope that bitcoin is already in use by all levels of society in the next seven years, so that every economic activity in every transaction it could use bitcoin!
As long as they have internet connection and interested to use btc every persons can use it. The reason why only few people now using btc because of not enough knowledge to understand btc and how it works.
Definitely, majority of people especially the aged ones still lack of knowledge regarding the recent technologies, therefore because as a part of technology itself struggling to gain more users, actually, there's no limitation against someone's status or level in the society itself, most of the bitcoin users are the capable ones that have enough resources in order to be able to use bitcoin. it's just matter about the time

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March 13, 2017, 08:04:01 AM
 #30

Its simple more the popularity,more will be the use of bitcoins .well first thing first,  if u want a larger scale use u have to make them understand whA T is it all about .and then only we can expect that it will happen.

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March 13, 2017, 08:06:04 AM
 #31

It really does not depend on what level of society are you in which has the capability to use Bitcoin. Of course it always depend on what is their use on Bitcoin if they have a proper function in their life if not it won't be necessary for them to use Bitcoin. For example if one person is having a hard time obtaining a credit card then he can opt out to use Bitcoin if they allow Bitcoin payment.

Well, that is true, bitcoin can be used by anyone, regardless what level of society your in. Even poor people can use it as long has he has bitcoin wallet. Bitcoin is called to be free, noone cares if you are just a beggar or anything lower than that.

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March 13, 2017, 08:38:18 AM
 #32

Bitcoin is already used by all levels of society and this can be spread all over in the comunity by introducing still whats the use of bitcoin. So others can understand the use and the benefits of bitcoin. Theres a need of telling others about bitcoin to attract more users.

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March 13, 2017, 10:11:10 AM
 #33

Bitcoin is already in use by almost all levels of society since it is cheaper mean of remittance. Although, what actually restrict its spread is non-access of technology or Internet in some parts of world, not financial situation. The tech conservatives are still avoiding its use.

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March 13, 2017, 01:06:42 PM
 #34

Bitcoin can be used by any level in society, but the only issue we have it's having access to internet and commission is getting bigger, that's maybe an issue for people who are sending small amounts, mempool right now have a bit of a problems with fee's and stuck transactions but I think it would be solved in a short period, it's happened because of price manipulation and people sending too much of transactions with x2 commission, I think it will stabilize in 3-4 days

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March 13, 2017, 02:11:24 PM
 #35

I hope that bitcoin is already in use by all levels of society in the next seven years, so that every economic activity in every transaction it could use bitcoin!
It can be implemented all over the society when everyone uses bitcoin in that year technology are leveling up too where there always new in bitcoin that can be use. But our enemy here is the fee when we are sending bitcoin fee are becoming too much too. Hope that it will decrease too hoping so.

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olubams
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March 13, 2017, 05:09:26 PM
 #36

I hope that bitcoin is already in use by all levels of society in the next seven years, so that every economic activity in every transaction it could use bitcoin!

That seven years future projection is not something I would believe it will materialise. Not to sound pessimistic, but the the facts are there. Over here for example, banks have been with us for ages and have witnessed several level of developments but still quite a number of the population are still not in the banking net not to talk of bitcoin that is just with us not too long ago but nothing is impossible though...
dmamigo
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March 13, 2017, 05:17:13 PM
 #37

Bitcoin is ready for all levels of society, but many users are avoiding because of the transaction delay and increasing fees. And other few users are not well informed or don't have adequate facility to get connected with it.

prass tyo
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March 13, 2017, 05:31:37 PM
 #38

I hope that bitcoin is already in use by all levels of society in the next seven years, so that every economic activity in every transaction it could use bitcoin!

perhaps not to the present bitcoin can be used by all people, because there are still many people who live in remote areas that are difficult Internet network.

Tuyul Gupies
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March 13, 2017, 05:34:39 PM
 #39

I hope that bitcoin is already in use by all levels of society in the next seven years, so that every economic activity in every transaction it could use bitcoin!

it will take a long time to bitcoin can be used by all levels of society, the most important is the process. to reach towards it

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March 13, 2017, 06:02:28 PM
 #40

I hope that bitcoin is already in use by all levels of society in the next seven years, so that every economic activity in every transaction it could use bitcoin!

well, although we can not be sure if it is going to happen that bitcoin will be used or adapted by a larger number of people but yes let's just hope that it will be but not including those society or places that are far from the civilized areas because many people there are not actually aware from the new technology or doesn't even able to use an internet .

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