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Author Topic: If bitcoin will be used in our daily transactions.  (Read 4959 times)
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October 17, 2017, 07:45:51 AM
 #141

I  think it is a good idea for bitcoin to be used in our daily transactions for it makes our life easier. Since the coins are in a safe software wallet, then it would be easy to transact every now and then and not needing to be exchanged to cash and vise versa. It will be a win win situation both for the consumer and the other side of the transaciton.

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October 17, 2017, 07:51:30 AM
 #142

An idea whose time is yet to come. There is a lot of problems and issues to be addresses before bitcoin will fully use in daily transactions. Bitcoin has a very volatile price and  every user, businesses or educational institutions should study on how to deal with it. Also, many countries are not yet compatible with cryptocurrencies because they can not be able to own or control it. Enactment of laws for using bitcoin on daily transactions might be also needed to safeguard users and businesses from possible misuse of the cryptocurrencies.
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October 17, 2017, 07:55:57 AM
 #143

If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.

Apparently this is already happening...just yesterday I saw another thread right here on this forum that mentioned a university in Switzerland now accepting bitcoin for payment of tuition fees:  Smiley

https://bitcointalk.org/index.php?topic=2246596.0

https://futurism.com/schools-accepting-bitcoin-tuition/
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October 17, 2017, 08:01:57 AM
 #144

Before we use bitcoin as payment in large transactions, we need to make sure that it is legal and people are knowledgeable in using it. Bitcoin will be very helpful because it cannot be robbed. It can only be robbed if somebody forces you to do it. Bitcoin is also very secure because there are no reports of it being hacked. If bitcoin can be legalize, then payment for tuition fees will be very easy and other transactions will also be easy. Shopping can be done from home and groceries can be delivered at houses if you can pay via bitcoin. Bitcoin will play a very big role in the future.
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October 17, 2017, 08:09:15 AM
 #145

If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.

Actually, If I'm not mistaken, there is a thread on this forum saying that there is a university somewhere in the west started to accept Bitcoin as a mode of payment in their school. The post seems legit. I'm also hoping that Bitcoin Education can be discuss in each Secondary School to spread awareness to teenager students.

If Bitcoin Education will be put in their curriculum, they will be exposed at an early age on Bitcoin investments. They will learn how to invest and trade in the market. They can also have a part time job and earn extra while studying.
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October 17, 2017, 08:23:51 AM
 #146

If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.

Apparently this is already happening...just yesterday I saw another thread right here on this forum that mentioned a university in Switzerland now accepting bitcoin for payment of tuition fees:  Smiley

https://bitcointalk.org/index.php?topic=2246596.0

https://futurism.com/schools-accepting-bitcoin-tuition/
Good for that country,  I hope it will also happened not only my country but whole world.But  if the bitcoin will be use our daily transactions it is good news for us because there's no trading to fiat currency be happen if that can be. Bitcoin will be used in our daily payments not just schools university but in some merchant too. Especially local store in japan will be using bitcoin as their payment and it is wide open for bitcoin users.
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October 17, 2017, 08:38:12 AM
Last edit: October 17, 2017, 08:52:39 AM by Ararbermas
 #147

I don't think I used my bitcoin for daily transactions especially for small amount.
I prefer used fiat for daily transactions
Yes  if it's possible to pay bitcoin for our daily transaction we cannot pay especially the small amount because as we can see each wallet has a high fee . So we need to use fiat instead bitcoin in our small transaction. Anyways about op questions ithink if schools accept bitcoin for tuition fee well for me thats great its a big help  .but i think goverment  will not agree. Because bitcoin is not totally legal and also bitcoin has a dark side which is not recommend aslo to teach in school. But i dont think so maybe in the future.
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October 17, 2017, 09:28:02 AM
 #148

Anything can happen in the near future with the advancement of our technology we can achieve these kind of things. As a student I think bitcoin paying our fees in school is a great idea because of the many advantages of bitcoin. Teaching bitcoin in schools will also be nice though in our school they just site bitcoin as an example but we don't have any topic about it.
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October 17, 2017, 12:31:29 PM
 #149

If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.

I agree if bitcoin we can use as a means of payment to meet the necessities of life, such as buying food, buying clothes, paying bills and paying tuition fees. it all depends on the government, if our government approves bitcoin as a legal means of payment.

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October 17, 2017, 12:38:19 PM
 #150

If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.
I think if they use bitcoin as a daily payment i think every transaction will be put at ease. And if they used it therefore they should have the knowledge about it. Then they will continually legalized with different countries.

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October 17, 2017, 01:10:32 PM
 #151

Each student downloads a BTC wallet first. I think that's possible. It's also a good idea. Because if BTC was promoted from school, they would be users for decades to come. Good idea

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October 18, 2017, 01:18:41 PM
 #152

Maybe in the near future bitcoin will be used in our daily transaction. If many of us use bitcoin for transaction, like schools, groceries, restaurants and other's daily need will update their system to accept bitcoin.
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October 18, 2017, 01:23:47 PM
 #153

As bitcoin becomes more widespread and part of daily life it will be easier for different daily transactions. The worst part just now would be buying something then a couple of days later what you spend rocketing in value. Good for a business not so good for a consumer.

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October 18, 2017, 01:36:35 PM
 #154

If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.

Of course as long as the school will acknowledge such payment option but not only for the schools it will also to include the other bill payments and establishments as well like water, electric and malls especially if bitcoin was declared legal in a certain country which means bitcoin can be use anywhere in their place as long as digital transactions is possible. Then of course students, teacher, employees, tellers and other people involved will be need to learn how bitcoin payment will works.
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October 18, 2017, 01:37:44 PM
 #155

They can take bitcoin without having to teach people to use it. Places have websites, they dont usually teach people how to use them, they learn or they dont use them, its pretty simple.

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October 18, 2017, 01:45:39 PM
 #156

Although many people would love to see this, we just aren't anywhere close to it currently. Particularly with the argumentative divides over the direction of bitcoin it is clear that it is better used as a store of value at this time, which is fine and still gives it great value. It's not like you see people trading gold for their coffee each morning. It mainly comes down to the volatility, high confirmation times and high transaction fees and until these can be improved, it will be a slow adoption from everyday merchants.

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October 18, 2017, 01:56:32 PM
 #157

Maybe in the near future bitcoin will be used in our daily transaction. If many of us use bitcoin for transaction, like schools, groceries, restaurants and other's daily need will update their system to accept bitcoin.

That really possible, now that there are countries supporting it. This blockchain  technology is already a game changer that will change our life styles, the monetary systems,  finances and so much.
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October 18, 2017, 01:59:04 PM
 #158

If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.

Yes, It is possible that someday BTC will be accepted to pay some bills like tuition fees. It will also help to spread the knowledge about bitcoin if the teacher will also teach what BTC is all about.

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October 18, 2017, 01:59:44 PM
 #159

before that happend, it's country must legalized bitcoin first.  when it's coin had been legalized, then it is possible to become as payment method. well, that's not far away for some developed country. i hope the developing country can be like that too.  Smiley

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October 18, 2017, 02:01:08 PM
 #160

I might be possible in the future, I use bitcoin daily ( I have a bitcoin debit card )

However I dont think Bitcoin will be utilized as much in the future ( 20 years from now )

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