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Author Topic: when bitcoin can be used by all levels of society?  (Read 13756 times)
zhelis74
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November 10, 2017, 12:35:43 AM
 #441

There is possibility that bitcoin can be used by all level in society considering that most of the people now all over the world have access to internet but it it will take time for them to really learn about it. and when it happen it would be a big help for them and for their economy
It takes time to be fully used in all levels of society, as we know that all people in every society has a different kind for the way of living, interest and life standing.
Besides of that there are lots of society that internet is hard them to get, considering those remote areas. But i still believe that in the near future bitcoin as an electronics money can be used for all levels of society when the world is fully interconnected to internet and real money will be obsolete.

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November 10, 2017, 01:34:22 AM
 #442

Bitcoin is free of charge for each 1 belonging to all amounts of society irrespective of caste,creed,nation,and so on.What makes the major distinction is that whether they have a laptop computer or smart phone and use of web.Internet is not accessible in all places.Many people owned by lower levels of society don't know about electronic transactions.Most the indegent struggle to fulfill their daily requirements.So,they couldn't manage to buy bitcoin.So,it will require a very long time for those levels of individuals to use bitcoin.
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November 10, 2017, 01:46:49 AM
 #443

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 would be very nice if what you are saying, that in 7 years, we will be able to use bitcoin in every transactions in our daily life, but I think, it is still a bit too early. I think, the goverment should focus to provide a better and more accessible internet connection for every country and every regions in our planet.

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November 10, 2017, 01:51:15 AM
 #444

It depends upon the knowledge of people in butcoin because majority of the people in our country are not aware of bitcoin and its value, so all levels in the society can't  used bitcoin yet because how are you supposed to forced someone to use bitcoin if they are not aware  of it yet. So first bitcoin needs to be popular to the societ first.

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November 10, 2017, 02:44:27 AM
 #445

Though bitcoin is not currently used by all levels of society due to ignorant, elites using the media to propagate bad news about bitcoin and others crypto currencies and insecurities. I think before 2023 bitcoin should be used by all level of our society and by then those who buy and hold bitcoin now will become the rich in the society than. The issue of insecurity will also be resolved before then.

Yes, it could have a low reads on the learning curve people nowadays are greedy in money. Some are can no longer mind their duties because of this. If all levels are known for this this might a heavy problem for some banks. Many people will get rich in a younger age. Many people could no longer hunts a job.

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November 10, 2017, 03:32:21 AM
 #446

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.
bitcoin rights of all people including the community, because bitcoin can help the needs of society and many benefits. but it all depends on the capabilities and facilities that exist, especially the Internet network and knowledge, because the Internet network is needed for connection to connect bitcoin ..
in addition to helping the bitcoin community to reduce unemployment in the country.

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November 10, 2017, 04:40:23 AM
 #447

Bitcoin is still unknown to many people of the society.
So how can they use it. Popularity of  bitcoin is in limited class.
Countries with developed economies are using bitcoin prominently.
To reach every class of society bitcoin has to work hard, its decentralised nature is affecting publicity.
No central institution is there make awareness among people.
Continuous rise in price is also compelling people to stay from bitcoins.
People still think that fiat currency is fastest way of trade in small transactions than crypotcurrency legality of bitcoin is still doubtful in many countries, which put restriction on its use.
If bitcoin overcomes all these difficulties faced by common people then only it will be used by people in mass.

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November 10, 2017, 04:51:12 AM
 #448

Bitcoin is still unknown to many people of the society.
So how can they use it. Popularity of  bitcoin is in limited class.
Countries with developed economies are using bitcoin prominently.
To reach every class of society bitcoin has to work hard, its decentralised nature is affecting publicity.
No central institution is there make awareness among people.
Continuous rise in price is also compelling people to stay from bitcoins.
People still think that fiat currency is fastest way of trade in small transactions than crypotcurrency legality of bitcoin is still doubtful in many countries, which put restriction on its use.
If bitcoin overcomes all these difficulties faced by common people then only it will be used by people in mass.
it will take a time because there are maximum number of people in the whole world which are still unknown about bitcoin so that why still there are not too much area who are accepting bitcoins but as with time when the number of users in world is going increasing then automatically shops and other area will start accepting bitcoins.

Mainman08
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November 10, 2017, 07:13:58 AM
 #449

Yes bitcoin can be use by all levels of the society. Because bitcoin is for everybody. Weather you are rich , middle class or poor.

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November 10, 2017, 07:16:17 AM
 #450

This is impossible. cause already there are too many bankless people who does not have a bank account until today.
So this shows there are millions of people living without banks and most of them are working hardly to buy food.

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November 10, 2017, 07:57:04 AM
 #451

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!

The thing is, it is not about the level in society that matters when it comes to bitcoin. It is the computer and technology literacy. A lot of people are not really that comprehensive especially when technology is involved. This may be a problem.

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November 10, 2017, 08:43:55 AM
 #452

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!

If the internet connection will be everywhere in the next seven years bitcoins will be use by  all levels of society because that is the main barrier that why people cannot access bitcoins is not all areas can have an internet connection so how they can access it if they do not have that. And besides not all people have mobile phones so that is also a big factor that makes bitcoins cannot be accessible by all levels of society because what about those no so wealthy people they cannot afford to buy like that thing so i hope in the future we will be all as one here.

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November 10, 2017, 11:55:11 AM
 #453

Bitcoin is still unknown to many people of the society.
So how can they use it. Popularity of  bitcoin is in limited class.
Countries with developed economies are using bitcoin prominently.
To reach every class of society bitcoin has to work hard, its decentralised nature is affecting publicity.
No central institution is there make awareness among people.
Continuous rise in price is also compelling people to stay from bitcoins.
People still think that fiat currency is fastest way of trade in small transactions than crypotcurrency legality of bitcoin is still doubtful in many countries, which put restriction on its use.
If bitcoin overcomes all these difficulties faced by common people then only it will be used by people in mass.
it will take a time because there are maximum number of people in the whole world which are still unknown about bitcoin so that why still there are not too much area who are accepting bitcoins but as with time when the number of users in world is going increasing then automatically shops and other area will start accepting bitcoins.
Important, the government accept Bitcoin is a payment method legally or not. In some countries, the government don't accept Bitcoin for payment. If someone tries to use Bitcoin for payment as FIAT, they will break the law and can get catch by the police

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November 10, 2017, 01:29:12 PM
 #454

Bitcoin is still unknown to many people of the society.
So how can they use it. Popularity of  bitcoin is in limited class.
Countries with developed economies are using bitcoin prominently.
To reach every class of society bitcoin has to work hard, its decentralised nature is affecting publicity.
No central institution is there make awareness among people.
Continuous rise in price is also compelling people to stay from bitcoins.
People still think that fiat currency is fastest way of trade in small transactions than crypotcurrency legality of bitcoin is still doubtful in many countries, which put restriction on its use.
If bitcoin overcomes all these difficulties faced by common people then only it will be used by people in mass.
it will take a time because there are maximum number of people in the whole world which are still unknown about bitcoin so that why still there are not too much area who are accepting bitcoins but as with time when the number of users in world is going increasing then automatically shops and other area will start accepting bitcoins.
Important, the government accept Bitcoin is a payment method legally or not. In some countries, the government don't accept Bitcoin for payment. If someone tries to use Bitcoin for payment as FIAT, they will break the law and can get catch by the police
Those countries that doesn't legalize bitcoin are just temporary because i believe that in the future, the government and most of the countries will make bitcoin as a legal currency because right now it is slowly improving and its price is speaking for itself that it is a really worth it currency to try and accept for their country and also to their citizen.

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November 10, 2017, 10:48:34 PM
 #455

There is now specific level of society that requires to use bitcoins,they only need internet and capacity to understand and willingness to learn what crypto is all about.how they can explore inside in good faith and interest for the benefits of us all.thats the only thing needed for all levels to be in thiw community
Unfortunately but it is not now, the way you have drawn the picture like it has been used before by someone without internet. Internet is the main requirement for bitcoin from the day it originated. It is a technological based currency therefore it is known as crypto. In my opinion bitcoin can be used by anyone where age, gender and nationality are not an issue. Anyone in the world with any religion can use it if they have access to the internet with knowledge of using a computer system. I have seen people with access to internet that uses social apps for video calling but they can’t operate a computer system well. So people like them have to do nothing with bitcoin. 



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November 13, 2017, 10:50:05 AM
 #456

Bitcoin can be used by all levels of culture if it's been tale by the federal government. Obviously using the recommendation done by the federal government means that everyone can know about bitcoin. Until then not everybody knows what bitcoin is. I really hope in the future lots of people use bitcoin as a means of payment
With the passage of time, things are getting in very much favor of bitcoin. The number of people who are investing in bitcoin is continuously increasing and is helping more and more people to earn money.

The beauty of bitcoin is that it can be used by almost all the levels of society no matter whether you are having this much of money that you can buy bitcoin or not. Signature campaign is the best way of earning money especially for the unemployed.

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November 13, 2017, 11:49:57 AM
 #457

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 just happen if those places that the other people belongs in already have a wifi or an internet connection especially those who are on a provincial places or those places that internet connection cannot be accessible. That is the biggest barrier that is why bitcoins cannot be access by all levels because not all places have an internet connection so howncan they access it. The second things they do not even know that those kind of virtual currency existing because some places like tribes do not care becausenthe have diffrent culture and you dont want to change it.

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November 13, 2017, 12:05:17 PM
 #458

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!
In my own point of view, bitcoin will be used by all levels of society if all of the people know about bitcoin and when the government started to approved bitcoin as a legal currency, but it will take a long time that all levels of society will used bitcoin.

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November 14, 2017, 08:50:40 AM
 #459

I think since the first time, bitcoin has been used by all social levels, bitcoin is freedom and I do not think there is any limit to using bitcoin, we can earn bitcoin freely because bitcoin can we get free in this forum.
Well I think every level of society can use bitcoin and even now they are using because there are no rules for it any one any time can join bitcoin and start to use because bitcoin is for every one and I think it’s a very good thing in bitcoin that it’s for every one so hope if in some countries there is problem coming in joining so I’m sure it will be fixed soon.

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November 14, 2017, 09:08:24 AM
 #460

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!
In my own point of view, bitcoin will be used by all levels of society if all of the people know about bitcoin and when the government started to approved bitcoin as a legal currency, but it will take a long time that all levels of society will used bitcoin.
i agree with scavagers, that bitcoin would been used by all levels of society, but i disagree with you about a long time because in different countries some different shops, coffee shops, some sites and so on, began takes cryptocurrence. so it`s already started

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