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Author Topic: Real life usage of bitcoin  (Read 8924 times)
Roberttran
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September 08, 2018, 09:34:37 AM
 #961

The use of bitcoin in the present life is very rich and varied. I use bitcoin where I can invest long term, store my assets by bitcoin instead of gold as before. I have seen a lot of stores, in the world accepting payments by bitcoin.
Ausgewielt
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September 08, 2018, 09:44:05 AM
 #962

Since the price moves wildly then it's make bitcoin unsuitable for real life payment methode. And unfortunately the adoption is still in early phase so big investors can easily influence bitcoin price.

Tunapress
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September 08, 2018, 10:05:41 AM
 #963

I think it is still a value and very difficult to apply in practice at the present time. Because it seems the government does not accept it and it is not legally used at the present time. However, I think it is quite easy to switch to fiat and use and practical. So many people still choose to invest in it
ParveZ219
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September 08, 2018, 10:16:18 AM
 #964

Don't you think price blast not correlate with its real life usage since its inception?

Its hoarded for speculative purpose but how many major cities in the world have even its ATM?

I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?

Who will accept it in store when confirmation time is so long.

Cryptocurrency is already accepted by many traders like Amazon BMW Rolls-Royce and many great companies as every business man wants to accept any type of money. UN in today's world almost everyone is used in cryptocurrency so there also accepting cryptocurrency and cryptocurrency already become one of the mainstream so we can say the real life usage of Bitcoins can be seen now but maximum people are using it to gain profit and nothing else.
gooddly
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September 08, 2018, 10:22:38 AM
 #965

I think it is still a value and very difficult to apply in practice at the present time. Because it seems the government does not accept it and it is not legally used at the present time. However, I think it is quite easy to switch to fiat and use and practical. So many people still choose to invest in it

I think that the government will have to admit bitkoyn, it's just a matter of time. Life does not stand still, the monetary system develops and improves, meeting the growing needs of people. The government will have to live with this.
Emanammy
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September 08, 2018, 11:37:49 AM
 #966

Bitcoin is a digital currency created in 2009 by a mysterious figure using the alias Satoshi Nakamoto. It can be used to buy or sell items from people and companies that accept bitcoin as payment, but it differs in several key ways from traditional currencies.
Sumo
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September 08, 2018, 09:40:58 PM
 #967

The most important thing is that bitcoin is used, it is relevant for people. Yes, now it is mainly a means of investment, but who said that it will not be implemented as a currency?
lillyann
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September 08, 2018, 09:58:36 PM
 #968

We have a lot of Bitcoin ATMs in us. You can exchange BTC for cash very quickly. This is probably the best solution Smiley
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