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Author Topic: If bitcoin will be used in our daily transactions.  (Read 4959 times)
Catch-22
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November 11, 2017, 09:50:34 PM
 #221

Some schools already accepts bitcoin as mode of payment.  And with today's technology, it will not be hard for the students to learn and use bitcoin.  The investment concept of bitcoin might be hard to understand though.

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November 11, 2017, 10:03:16 PM
 #222

If... If bitcoin was really so fast, I think a currency would be much bigger, but even so, it's only after they actually start accepting in common schools that the schools will begin to inform students, like everything that appears int the world.
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November 11, 2017, 10:22:30 PM
 #223

That's a good tougth of you. I life in Germany and here they don't even really teach us about Money in shool. I mean yes there are some subjects, but we never leran how to really use is, how it works and it can work for us, so before BTC, will be in the shool program, we first need real money subjects.
Not a good idea just think the fee of transaction that can ever made by it we can use it as a  online transaction this is profitable but for everyday use this is not profitable this is my own opinion only dont get me wrong of it.

As you say, it will not be a good thing if it's done by the middle class and the poor. For people like that, you should use Bitcoin as an investment tool and save Bitcoin only. For people like that should not sell or use any Bitcoin that happened. They have to invest for a few years and if it is very profitable, they can just sell.

Transactions are only allowed by the rich. They will not care about the fee and maybe in the future Bitcoin technology will grow and fee issues can be resolved. Some rich people have chosen Bitcoin to use as various transactions in various places. That's because transactions using Bitcoin is very easy and just need a smartphone just to scan qr-code that exists.
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November 11, 2017, 10:29:46 PM
 #224

Bitcoin fees now are very high for small transactions.

I absolutely agree with you, but generally if imagine payment fees by BTC it would be really great!
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November 11, 2017, 10:37:23 PM
 #225

I think that there is a real possibility that this will happen, being that many large websites are taking bitcoin as a form of currency like G2A, and other gamins sites, i have also seen some retail sites take cryptocurrency as payment.
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November 11, 2017, 11:54:06 PM
 #226

Bitcoin fees now are very high for small transactions.
True, currently bitcoin transactions fees are too high compared to last days. I don't know exactly what is the exact problem of this high increase of fees.
Around 135k$ Unfonfirmed transactions now: https://blockchain.info/unconfirmed-transactions
This due of the high drop of bitcoin price, I think.

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November 12, 2017, 12:16:06 AM
 #227

i think it possible because in bitcoin your btc or money is safe you dont need to use atm only your wallet adress so i think it possible because its very safe to us
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November 12, 2017, 12:43:02 AM
 #228

it is possible but for now I think no.
Schools fiat primarily in transactions and virtual currency is not known especially bitcoin.. lets accept the fact as now few people only knew about bitcoins.
I think if big primary companies and well known people will use bitcoin as payment it can boost the popularity and get the bitcoin stronger and acceptable as mode of payment
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November 12, 2017, 12:45:33 AM
 #229

I think thats imposible that bitcoin will be used in our daily transaction because goverment getting income in taxes unless goverment putting taxes in bitcoin.
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November 12, 2017, 12:47:03 AM
 #230

let alone daily, bitcoins can be used for transaction payments at any time. but not all places accept transaction payments using bitcoin and this is an unsolved problem to date.
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November 12, 2017, 01:29:29 AM
 #231

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 bitcoin will be used as our daily payment it will makes our life easier and I think it will also applied in school so that it will also teach it in some courses.

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November 12, 2017, 01:38:30 AM
 #232

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 that it is possible that bitcoins will be used as a mode of payment on tuition fees og the schools in the future. Because I believe that in the future everything will be digital even our money because it is much convenient that paying in cash and going to school to pay it while you vancan used your mobile phone or computer then send you money in you school and you can do that everywhere younare. But is doesn't mean that it will be trach in the schools especially to kids. It might be teach in a collegiate level like those who takes economic class.
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November 12, 2017, 01:40:34 AM
 #233

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.
If bitcoin used in schools i think yes but not know because as far as now there are many goverments hate bitcoin but in the future if goverments accept it i think it is possible to used this in daily transactions.
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November 12, 2017, 01:42:41 AM
 #234

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 it depends to a certain country because there are some countries that legalize bitcon and some countries ban bitcoin in their place. If bitcoin will be use to pay any transactions, i think people should have enough knowledge about it in order for them to use it wise. Also, there is a possibility that bitcoin will be teach in schools for the students to know what is bitcoin.



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November 12, 2017, 01:42:48 AM
 #235

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 bitcoin will be used as our daily payment it will makes our life easier and I think it will also applied in school so that it will also teach it in some courses.
another subject for currency management would be the best subject for students just in case all of the school will start adopting bitcoin, students should be  learned more about bitcoin and how they can avail to earn it online, just needed to give them idea what would bitcoin can bring to them in terms of financial
needs.
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November 12, 2017, 02:52:58 PM
 #236

There are many people in my country who do not know bitcoin and are not allowed to pay in bitcoin. Even if you can pay in bitcoin, I will not pay in bitcoin, because the price of bitcoin now fluctuates so much that using bitcoin can make me lose money. Smiley
Yes, you are right. It happens when the price is fluctuating much that whenever you make transactions in term of digital currencies, there are chances of losing money but it is only the case with long term transactions. So, if anyone has to deal with the daily payments such as for buying and selling of things, then he must use the digital assets as they have no fee for the funding purposes and is also easy to access as well as secure way of payment.
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November 14, 2017, 08:07:32 AM
 #237

If bitcoin is used for daily transactions,bitcoin can replace the paper currency to digital currency.this is very good for future generation.
Yeah this will be the best washer of the paper money because all the people will use the bitcoin and they will invest in the bitcoin instead of the investing in the other currency I hope the value of the bitcoin will increase more and the bitcoin will help all the people to have the fun and to invest in the crypto currency and it will give you the best value of the money I hope this will be the right time to invest.
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November 14, 2017, 08:17:50 AM
Last edit: November 14, 2017, 07:32:28 PM by Sale_man
 #238

It will happen but not now. It may take place in the next 4 or 5 years since bitcoin is still not popular enough and the number of users is still low compared to the importance of the currency. The first step towards that goal is to legalize it internationally because some countries non legalized it. That will make it easier for people to learn and use bitcoin.

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November 14, 2017, 08:39:07 AM
 #239

I think it will never happens....bitcoin is legend, but for daily daily transaction we will use something like Byteball or IOTA or something like that...
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November 14, 2017, 10:22:20 AM
 #240

Bitcoin will be used as a credit card in the future. I think it will be used mostly to pay bills and buy goods online.
There will be a problem when paying for a coffee for instance, since you should have a device (smart phone) which enables you to open your wallet and send money. Maybe, there will be credit cards interacting with bitcoin wallets.

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