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Author Topic: If bitcoin will be used in our daily transactions.  (Read 5015 times)
reisuke24
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December 01, 2017, 11:26:39 AM
 #281

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.
maybe they can pay school fee with bitcoin. but for kid, they must be use standard money to buy some food or drink. and pay for school stuff is their parent job. so, its not involve their kid. except they went adult and get age enough.
people that need learn about knowledge's bitcoin is parents and teachers
DoublerHunter
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December 01, 2017, 11:37:01 AM
 #282

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.

It may be possible in the near future but paying it with fiat seems more convenient than most families since not all of them know the existence of bitcoins. Another thing, bitcoin's nature being digital, this limits the number of families who will pay using bitcoins since again, not all families are connected into the internet especially the marginalized ones. Teaching bitcoin to universities or schools is certainly a great idea to educate the youth about the value of money, investments, and knowledge to be able to produce revolutionary technologies that may contribute to bitcoins in the future.

Bitcoin have this advantage that it can be split into 100000000 parts. But at the same time we must have to consider current price of Bitcoin. In coming future transaction fee for Bitcoins will be quite higher and cannot be affordable to normal person to send small amount of Bitcoin. This fees goes to miner for confirming transaction by solving block by contributing hash power.

Bitcoin will be a top class, precious commodity asset. So in future there will be more other altcoins used for such micro payments/transactions.
Bitcoin in the future will become a place for an investment only and the other type of doing transactions like making micro payments will just stay good for the people who have altcoins because the altcoins are faster than bitcoin since they have a smaller community and amount of users so it will be great for the bitcoin users to make payments using altcoin.
toyotascoter
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December 01, 2017, 05:18:24 PM
 #283

As time progresses, Bitcoin will become a norm just like credit cards, cash, and virtual payments. It will sooner or later become a standard way of trading and using currency in all countries.
ViceOfBTC21
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December 01, 2017, 05:46:35 PM
 #284

As time progresses, Bitcoin will become a norm just like credit cards, cash, and virtual payments. It will sooner or later become a standard way of trading and using currency in all countries.
Not in all, but most ones since poor people don't have access to the internet. The best way to use bitcoin in real world is bitcoin prepaid credit card but we must do something in order to keep it decentralized too.
olliepearl
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December 04, 2017, 11:22:25 AM
 #285

It depends in what will happen in the future, but if we will think that bitcoin will be used in our daily transactions, it will be great. Because our daily transactions will be easier if we are going to use bitcoin and we don't need to convert our bitcoin into money. But as for now, let's wait if that will happen, because they need to improved  many things.

kamranakmal
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December 04, 2017, 11:24:49 AM
 #286

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.
As we know that transaction time for crypto-currency is too high, as a result notion that bitcoins can be used a transaction money is not feasible.
rgcoin
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December 04, 2017, 11:26:38 AM
 #287

if it will be used in our daily transation..then it will be good.then there is no curruption in this world.and it will be good.
shinjunobi09
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December 04, 2017, 11:31:58 AM
 #288

Well if that would have happen then  let's say hello to the future imagine all your payment is made through bitcoin no more falling in lines or waiting for a long period of time just to pay or do some transaction less hassle. But the downside of that people would be much more relied on technology since it provide comfort and ease in our daily lives which will make them more lazy.

Naoko
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December 05, 2017, 01:12:08 PM
 #289

I don't imagine it possible to use bitcoin for daily transactions and see no reason to achieve this...for me bitcoin is a good asset and it suits me
Opquar
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December 05, 2017, 01:18:07 PM
 #290

Yes it is possible that bitcoin will be used in daily transactions. Bitcoin can be consider as a means of exchange.
 It only depends if the governments and school would consider it.
I am a student and I really agree that bitcoin can used to pay our tuition fees. It would be easier and faster.

Would you really want to spend precious bitcoins when they could be worth tomorrow? I would rather hodl.
Last Song
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December 05, 2017, 01:19:09 PM
 #291

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.

They can do this technically, because bitcoin is just like dollar banknotes nowadays. There is no difference between bitcoin and paper money from my perspective honestly.
mabell943
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December 05, 2017, 01:39:13 PM
 #292

If bitcoins will be used to an everyday transaction it would be very con
vinient for us and it is also possible to us humans to use the bitcoins in our daiky yransactions because we are in an era where in  we are having lita of technological advancements.
jkoin
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December 05, 2017, 01:45:28 PM
 #293

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 in the near future crypto-currencies, blockchain technologies and bitcoins will be studied by schoolchildren and students at lessons. Wink
dasdo
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December 05, 2017, 02:10:35 PM
 #294


I also think that in the near future there will be crypto-currencies, blockchain technologies and bitcoins will be studied by schoolchildren and students in the lessons. Because these technologies very quickly begin to integrate into our lives
Xervo
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December 06, 2017, 02:24:22 PM
 #295

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 also think in the near future crypto-currencies, blockchain technologies and bitcoins will be studied by schoolchildren and students in the lessons. Because these technologies very quickly begin to integrate into our lives. But for students and many students, this knowledge is still complex.
richkellj
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December 07, 2017, 01:01:11 PM
 #296

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.

It may be possible in the near future but paying it with fiat seems more convenient than most families since not all of them know the existence of bitcoins. Another thing, bitcoin's nature being digital, this limits the number of families who will pay using bitcoins since again, not all families are connected into the internet especially the marginalized ones. Teaching bitcoin to universities or schools is certainly a great idea to educate the youth about the value of money, investments, and knowledge to be able to produce revolutionary technologies that may contribute to bitcoins in the future.

Bitcoin have this advantage that it can be split into 100000000 parts. But at the same time we must have to consider current price of Bitcoin. In coming future transaction fee for Bitcoins will be quite higher and cannot be affordable to normal person to send small amount of Bitcoin. This fees goes to miner for confirming transaction by solving block by contributing hash power.

Bitcoin will be a top class, precious commodity asset. So in future there will be more other altcoins used for such micro payments/transactions.
Bitcoin in the future will become a place for an investment only and the other type of doing transactions like making micro payments will just stay good for the people who have altcoins because the altcoins are faster than bitcoin since they have a smaller community and amount of users so it will be great for the bitcoin users to make payments using altcoin.
Bitcoin will become like gold. By looking at the present Price and future predictions, most probably people are going to hold Bitcoin. It is a very expensive asset already.  In my opinion, altcoins will be used for micropayments. it is not like that Bitcoin would be not suitable for  small transactions as some people consider it slow but no one will buy daily stuff in Bitcoin due to its  high rates.
tanghere1
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December 07, 2017, 01:05:23 PM
 #297

It already happened. I read about a school that accepts bitcoins as a tuition fee. I can't remember where I read it maybe on facebook or twitter.

BlackPanda
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December 07, 2017, 01:35:16 PM
 #298

For now using Bitcoin to perform daily financial transactions does look difficult, time transactions and fees can also be a problem. But we all remain confident that Bitcoin in the future could be used to perform various financial transactions. We are all waiting for the right time, because if all that has arrived then Bitcoin will be very important and affect the development of the Economy in the world.

In the end we will all see that digital currency will be an important aspect in various sectors, digital currency can increase the popularity of various products in the world because then the financial transactions between countries become easier. we must be able to innovate to be able to apply all the things in order to use Bitcoin as a means of financial transactions every day.
francesyrus
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December 07, 2017, 01:37:22 PM
 #299

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.

It is possible the schools may accept bitcoin as mode of payment in school or other establishment in the future. Every county must have their own local bitcoin site that does not impose any transaction fees so that it will be patronize by bitcoiners.

shark69
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December 07, 2017, 01:39:37 PM
 #300

if that happens, I think there will be a lot of controversy. especially with the government, they will be able to block bitcoin
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