How can we push the actual use of Bitcoin ?

[iram1011]

For increasing the use of bitcoin,we have to individually approach retailers and explain them the benefits and usage of bitcoins.They should be mentioned that once payment is done in bitcoin,it could not be reversed.They must be explained that payments made in bitcoins will not be taxed until governments legalizes bitcoins.

But the question remains, will most of the holders of Bitcoin be willing to pay in Bitcoin instead of its inflationary counterpart fiat? Most of the bitcoin holders consider it as an investment asset and not a currency. Holding Bitcoin now will give decent returns in future. This limits the bitcoin spending. Hence, doesn't make much difference for retailers.

[1714131042]

1714131042

[1714131042]

1714131042

[olubams]

For increasing the use of bitcoin,we have to individually approach retailers and explain them the benefits and usage of bitcoins.They should be mentioned that once payment is done in bitcoin,it could not be reversed.They must be explained that payments made in bitcoins will not be taxed until governments legalizes bitcoins.

But the question remains, will most of the holders of Bitcoin be willing to pay in Bitcoin instead of its inflationary counterpart fiat? Most of the bitcoin holders consider it as an investment asset and not a currency. Holding Bitcoin now will give decent returns in future. This limits the bitcoin spending. Hence, doesn't make much difference for retailers.

Explaining to retailers could work if all of them are average in the use of Internet but over here, the retailers that can be convinced easily don't have access to the internet and they see the whole process as a stress on their own part. The ones that are average users on the other hand are weary of the legal implications in which they don't want to be on the other side of law. With all these difficulty, I guess only thing we can do is to keep on doing the popularity on an individual basis while government take a decision to support

[Crafts12]

There is no need of a pushing, let it grow on the gradual manner as it's now. If this needs to be promoted already several advertising might have been done, but in reality the growth is enormous and trustful through word of mouth rather than other means of promotion.

I'll agree with this one. We don't want to be sounded as desperate to them. It'll eventually reach their understanding about what advantages does Bitcoin have. Indeed, it will be in favor for us if more countries, especially if more people will engage themselves in Bitcoin, the market's demand will increase that'll lead to pumps. But maybe this not yet the time for Bitcoin to be legal globally in every country because it is not yet still on its peak of development.

[pitiflin]

I and many others just hold their bitcoins and wait till it gets worth more. But that is not how a currency should work. A currency is meant to be used in daily trades for groceries and so on.

My question is how can we push the actual use of the bitcoin and what is nessacary to do that ?

I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC)

After this problem is solved this would be my ideas, I hope you help me gather more:

• Convince organisations like amnesty international to accept bitcoin as donations
• Convince big internet companies like amazon to accept payments via bitcoin, this should take a while but with some petitions they might consider it (propably better starting with some smaller companies)

Start accepting bitcoins yourself, not only on the interent but for example if you are a student and do some private tutoring, and have a small ad for you on a blackboard somewhere, you could print a "Bitcoin accepted" on it.[/li]
[/list]

• Alright to begin from the very first ,you have got to invest something so that you can pay your donations with bitcoin,don't forget the fact
  that bitcoin is volatile and if the price falls,you will be responsible for it.
  
• I do believe that you can purchase Amazon gift cards,not sure just heard about it.If people should accept payments in the form of bitcoin,then why don't you think people will ask the sellers for paying in ethereum,litecoin or any other altcoin for that matter?

• For personal use ,it is good that if he/she accepts the fees for any service rendered by the person in the form of bitcoin,but do you really think that a lot of people know about bitcoin?

To  conclude with bitcoin has to grow,it has become famous than it ever was,people should start considering it as a thing and know the fact Bitcoin is limited and was not created for people who want to use it for buying "groceries".

[ethereumhunter]

I and many others just hold their bitcoins and wait till it gets worth more. But that is not how a currency should work. A currency is meant to be used in daily trades for groceries and so on.

My question is how can we push the actual use of the bitcoin and what is nessacary to do that ?

I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC)

After this problem is solved this would be my ideas, I hope you help me gather more:

• Convince organisations like amnesty international to accept bitcoin as donations
• Convince big internet companies like amazon to accept payments via bitcoin, this should take a while but with some petitions they might consider it (propably better starting with some smaller companies)

Start accepting bitcoins yourself, not only on the interent but for example if you are a student and do some private tutoring, and have a small ad for you on a blackboard somewhere, you could print a "Bitcoin accepted" on it.[/li]
[/list]

• Alright to begin from the very first ,you have got to invest something so that you can pay your donations with bitcoin,don't forget the fact
  that bitcoin is volatile and if the price falls,you will be responsible for it.
  
• I do believe that you can purchase Amazon gift cards,not sure just heard about it.If people should accept payments in the form of bitcoin,then why don't you think people will ask the sellers for paying in ethereum,litecoin or any other altcoin for that matter?

• For personal use ,it is good that if he/she accepts the fees for any service rendered by the person in the form of bitcoin,but do you really think that a lot of people know about bitcoin?

To  conclude with bitcoin has to grow,it has become famous than it ever was,people should start considering it as a thing and know the fact Bitcoin is limited and was not created for people who want to use it for buying "groceries".

as a matter of fact, i think we need to fix transaction confirming first so when a transaction is made, people don't have to wait too long and they can see the amount is already send in their wallet. this is a serious thing that we should do because i think, when people especially business man wants to use bitcoin, they don't want to wait too long for just waiting confirmed transaction.

secondly, maybe we need to make a price that is not too volatile, i mean maybe we can try to use the same thing like what money changer in every country do.

third, we can trying to asked people to pay with altcoin like you said and i think altcoin is not too volatile like bitcoin but i admitted if altcoin is down, it could be down too far.

fourth, i think its our job to introduce bitcoin to other people so they know about bitcoin and maybe we can make some courses in every city or maybe we can make like seminar and we invite people to come to learn about bitcoin and blockchain technology. until now, i think there is a few courses in the country that use this to introduce bitcoin to people.

[iram1011]

know the fact Bitcoin is limited and was not created for people who want to use it for buying "groceries".

This is indeed the fact. The currency which has limited supply that too of some millions and is worldwide currency would automatically become a great asset for investment due to supply and demand curve. It is not meant for everyday shopping unless you don't have any fiat left to shop.

[Inkdatar]

know the fact Bitcoin is limited and was not created for people who want to use it for buying "groceries".

This is indeed the fact. The currency which has limited supply that too of some millions and is worldwide currency would automatically become a great asset for investment due to supply and demand curve. It is not meant for everyday shopping unless you don't have any fiat left to shop.

Bitcoin will spread its awareness if we conduct seminars in the community. This is must be solved first the demand and supply that is limited before it can be accepted in buying for groceries. And also there is a need to be legalized and needs approval from the government. Before we can use it to buy for shopping so everything will follow.

[Hypnosis00]

We can push the actual use of bitcoin if we will use it on businesses or different type of stores that available in our country or world because bitcoin is created to be the solution for the fiat problems and it has a fast and secured transactions which is what most of the people are looking for and if we will accept bitcoin as a payment method in different stores then we can actually use the real essence of bitcoin.

[Potato Chips]

You don't have to worry about that. just like what our paper money does, bitcoin can also be used in different ways. both of  them can be used as an investment or a payment

method to buy things and oh trading also. bottomline is there is someone who are using it as an investment by holding as well someone for trading and buying things from it.

i think we have a great bitcoin trading volume as of now and its still increasing so no need to worry actually. the price wouldn't increase in the first place if the demand is low

right? Although i agree that the slow confirmations and higher fees are halting stores from accepting it but there are other reasons aside from that isn't it?.

No need for pushing but theres a greatload of need when it comes to informing people about it to add on a greatload of time also fits the list.

[bobitza]

We can push the actual use of bitcoin if we will use it on businesses or different type of stores that available in our country or world because bitcoin is created to be the solution for the fiat problems and it has a fast and secured transactions which is what most of the people are looking for and if we will accept bitcoin as a payment method in different stores then we can actually use the real essence of bitcoin.

Using bitcoin in stores is not a way to promote the development of bitcoin, it's just a new type of business, and it only exists in bitcoin-friendly places.

[Yatsan]

What is the essence of pushing the bitcoin to be accepted at the store if you can exchange it into money and buy everything that can reach by using money. My point is as long as it is exchangeable at the fiat there's no need to push it to be accepted into store just to say that you can use bitcoin or buying stuffs.

[orarider]

What is the essence of pushing the bitcoin to be accepted at the store if you can exchange it into money and buy everything that can reach by using money. My point is as long as it is exchangeable at the fiat there's no need to push it to be accepted into store just to say that you can use bitcoin or buying stuffs.

You are mistaken, a big mistake, bitcoin is only used by the store when it has been popular, or in other words, it is promoted before being used by the store.

[prieaji]

Not necessarily there is encouragement from what alone let everything run by itself like nowadays, we just promote it by mouth to mouth it will provide a very big growth also not with other means of promotion.

[pisston]

Not necessarily there is encouragement from what alone let everything run by itself like nowadays, we just promote it by mouth to mouth it will provide a very big growth also not with other means of promotion.

Of course, Bitcoin's popularity also depends on the users, But each of us will be able to spread this only at the local level. But I think we need to solve this problem more globally.

[Hydrogen]

In the past, when I had more btc, I thought about giving some of it away to people I liked for free.

I hoped gradually they might realize how great it is & educate others.

That could still work if someone could find the right people to get involved in crypto who would help it flourish and grow.

[Gaff]

In the past, when I had more btc, I thought about giving some of it away to people I liked for free.

I hoped gradually they might realize how great it is & educate others.

That could still work if someone could find the right people to get involved in crypto who would help it flourish and grow.

Definitely as you say. My sibling often monitor the rate of btc and as I've noticed he has wider idea than I do about it. In his case, he uses btc for trading most of the time and with that it gives him a profit. On the other hand, he also experiences fluctuations thus, it urges him not to give up trading because it serves his motivation and source of extra income.

[Kevin77]

For increasing the use of bitcoin,we have to individually approach retailers and explain them the benefits and usage of bitcoins.They should be mentioned that once payment is done in bitcoin,it could not be reversed.They must be explained that payments made in bitcoins will not be taxed until governments legalizes bitcoins.

But the question remains, will most of the holders of Bitcoin be willing to pay in Bitcoin instead of its inflationary counterpart fiat? Most of the bitcoin holders consider it as an investment asset and not a currency. Holding Bitcoin now will give decent returns in future. This limits the bitcoin spending. Hence, doesn't make much difference for retailers.

Explaining to retailers could work if all of them are average in the use of Internet but over here, the retailers that can be convinced easily don't have access to the internet and they see the whole process as a stress on their own part. The ones that are average users on the other hand are weary of the legal implications in which they don't want to be on the other side of law. With all these difficulty, I guess only thing we can do is to keep on doing the popularity on an individual basis while government take a decision to support

Negotiating with retailers in right manner can actually work out. All that we need is to make them understand the potential and benefits of the bitcoins. Besides that, public should also start trading with bitcoins. If more customers will be offering payments in bitcoins, retailers automatically begin to accept payments in bitcoins.

[Blamsud]

For increasing the use of bitcoin,we have to individually approach retailers and explain them the benefits and usage of bitcoins.They should be mentioned that once payment is done in bitcoin,it could not be reversed.They must be explained that payments made in bitcoins will not be taxed until governments legalizes bitcoins.

But the question remains, will most of the holders of Bitcoin be willing to pay in Bitcoin instead of its inflationary counterpart fiat? Most of the bitcoin holders consider it as an investment asset and not a currency. Holding Bitcoin now will give decent returns in future. This limits the bitcoin spending. Hence, doesn't make much difference for retailers.

Explaining to retailers could work if all of them are average in the use of Internet but over here, the retailers that can be convinced easily don't have access to the internet and they see the whole process as a stress on their own part. The ones that are average users on the other hand are weary of the legal implications in which they don't want to be on the other side of law. With all these difficulty, I guess only thing we can do is to keep on doing the popularity on an individual basis while government take a decision to support

Negotiating with retailers in right manner can actually work out. All that we need is to make them understand the potential and benefits of the bitcoins. Besides that, public should also start trading with bitcoins. If more customers will be offering payments in bitcoins, retailers automatically begin to accept payments in bitcoins.

It will be much better if we user,who uses it and have already knowledge on how bitcoin transactions happen. Made or make it as a business,store that accepts btc,a bitcoin center and lot more,maybe in the near future there are more business that will accept bitcoin since it's popularity increasing and many rich countries implemented it.

[dserrano11]

Not necessarily there is encouragement from what alone let everything run by itself like nowadays, we just promote it by mouth to mouth it will provide a very big growth also not with other means of promotion.

Of course, Bitcoin's popularity also depends on the users, But each of us will be able to spread this only at the local level. But I think we need to solve this problem more globally.

Why not need? If not have leader guide a team or a small community in group or a local, not have more people know Bitcoin and the potential of it. In my country, most user Bitcoin in current are know from some leader on facebook group trade via heared some friends or TV news. So, the exchange crypto market in my country in current very bustling, not quiet as last year.

[1Referee]

bitcoin is only used by the store when it has been popular, or in other words, it is promoted before being used by the store.

Promoting something to make it more interesting for people to use it as currency, doesn't work when people (1) don't want to use it as such, since it doesn't add any sort of advantage over fiat in terms of shopping (especially on local level), and (2) it is mainly being used as investment, store of value, etc. Important factor is that if people spend their coins, where after that the price jumps up like mad, people feel bad. If the price goes down before people are looking to purchase something, they have to add funds in order to purchase the same object, or they just halt it completely, with the result of them again feeling bad. Clue is that whatever they do, there is no feeling of satisfaction.