hunter50
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January 18, 2018, 05:46:35 PM |
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Bitcoin needs internet to survive.internet is the most important thing everyone it's not possible to use bitcoin so using bitcoin in offline marketplace like offine currency.for translation and use it internet connection is must be needed.
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LuanX3
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January 18, 2018, 10:34:16 PM |
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Bitcoin needs internet to survive.internet is the most important thing everyone it's not possible to use bitcoin so using bitcoin in offline marketplace like offine currency.for translation and use it internet connection is must be needed.
Well yeah you need internet, but that would be something constant in the future for sure. I do think in the future, cryptocurrencies would be the next fiat and it would replace them. Since the world is really transitioning to electronic everything then the possibility is endless. Likely money will no longer be physical but digital. You won't need to carry a wallet nor cards, it may just be implanted on your arm or something, who knows.
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Geurangsang
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Chainjoes.com
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January 19, 2018, 12:52:07 AM |
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I think you have right answer. The point is Bitcoin created to make other option that can use for online payment with lower price and good service with including very strong algoritm for secured online transaction. It's like freshwater fish that can not possibly live in seawater.
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Chronos_angel
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January 19, 2018, 10:04:50 AM |
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There's OpenDime, a Bitcoin credit stick that lets you spend Bitcoin like a dollar bill. It is a hybrid between a hardware purse and a physical Bitcoin, a disposable hardware wallet for use as cash. You can load OpenDimes with various Bitcoin denominations and spend offline OpenDimes preloaded in Bitcoin to receive physical stores. This is not cost-effective for small transactions.
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s.mahmood
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January 19, 2018, 12:40:03 PM |
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Butcoin is digital currency mean that it can only use in online not offline. where has Internet & a computer, there you can use bitcoin. There is no way to use bitcoin offline as my opinion.
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pathapoddo
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CRYPTOCITIZEN $CCASH
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January 19, 2018, 12:56:28 PM |
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No, Bitcoin is a online currency. You know it is a digital currency & it is used to transfer by device to device. So if we have to use it , we have to connect with online. Thank you.
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Happydd
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January 19, 2018, 02:11:09 PM |
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Few days ago a friend asked me this questions. But i cannot understanding that how to i give him answer. At last i said him that, bitcoin is an online currency. Only this currency used in online marketplaces. It is not possible to use it in offline marketplace like offline currency.
But what is your best answer of this question?
I think this can happen. Bitcoin can be used as a foreign currency when the bitcoin network has expanded extensively in countries around the world and is well-represented. It can then be traded as a common currency quickly and conveniently.
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BTCtrader9
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January 19, 2018, 03:49:12 PM |
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The transaction has to be confirmed in the blockchain by other users. And for that to happen, it has to be connected to a network.
For now, Internet is the network which connects all the billions of users who trade and confirm these transactions so using it offline isn't really possible at the moment until lightning network comes in.
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yohaneshs
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January 19, 2018, 04:21:59 PM |
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Few days ago a friend asked me this questions. But i cannot understanding that how to i give him answer. At last i said him that, bitcoin is an online currency. Only this currency used in online marketplaces. It is not possible to use it in offline marketplace like offline currency.
But what is your best answer of this question?
I think some country will not accept bitcoin as payment gateway like transaction. Bitcoin and crypto currency is a decentralize system not centralize. So who can take responbillity if something happen in crypto market? Who can set up amount available crypto money? The risk is too high and central bank at several country will not take responbillity about crypto. And don't forget, crypto can raising inflation when it use as transaction because the price is up down too fast.
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CryptoRyuzaki
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January 19, 2018, 04:35:41 PM |
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As of now, I dont think it is possible for bitcoin to be used as offline currency as bit coin requires internet for transaction to take place. May be someone can come up with some idea where bitcoin can be used as an offline currency
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naidray
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January 20, 2018, 01:00:33 PM |
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bitcoin is not designed to be like a real money which you can hold. what im sayin is it is only a program or data which which you can access using internet, you have your wallets on your gadgets or online because it's the only thing that can keep your online currency.
Agreed! There is no such method or technology available which gives you this kind of facility that you can use any of the crypto currency may it be bitcoin or any other coin like that of offline currency. You do need to have an internet along with tablet or pc in order to perform any kind of operation or transaction related to that of any of the digital coin. You cannot use them like other offline currencies.
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tricker01
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January 21, 2018, 10:21:11 PM |
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Butcoin is digital currency mean that it can only use in online not offline. where has Internet & a computer, there you can use bitcoin. There is no way to use bitcoin offline as my opinion.
We are having the same point of view sir, I think whatever happen bitcoin will not used like offline currency, since this coin is decentralize. Moreover most of the people in the whole world have lacked of idea how to used it, especially the vendors. Maybe you can used it into the hotel, restaurant or even supermarkets, but in to the normal stores are not.
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Rooster101
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January 21, 2018, 11:22:45 PM |
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Few days ago a friend asked me this questions. But i cannot understanding that how to i give him answer. At last i said him that, bitcoin is an online currency. Only this currency used in online marketplaces. It is not possible to use it in offline marketplace like offline currency.
But what is your best answer of this question?
Bitcoin and other cryptocurrencies are only created for online payment or transaction and there is no way you can use it offline. Cryptocurrency is digital currency that is associated with the internet which uses cryptography and this encryption techniques can only possible through digital means. Government will not also willing to accept to mint any currency, especially virtual currencies, that are decentralized or they can not control. The only way you can use bitcoin for offline is to convert it to fiat first through exchanges or P2P approach.
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smith136
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January 21, 2018, 11:41:42 PM |
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How is that even possible? I think everyone in this forum has the responsibility to make research and study how bitcoin works, there is a lot of discussion and lecture all over the internet, how come bitcoin could be use in offline transaction where it only exist in the internet.
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bitgolden
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Leading Crypto Sports Betting & Casino Platform
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January 22, 2018, 06:42:32 AM |
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bitcoin is not designed to be like a real money which you can hold. what im sayin is it is only a program or data which which you can access using internet, you have your wallets on your gadgets or online because it's the only thing that can keep your online currency.
Agreed! There is no such method or technology available which gives you this kind of facility that you can use any of the crypto currency may it be bitcoin or any other coin like that of offline currency. You do need to have an internet along with tablet or pc in order to perform any kind of operation or transaction related to that of any of the digital coin. You cannot use them like other offline currencies. It seems to be a funny thing when we talk about some online currency like that of bitcoin and we want to use that like an offline currency. There is no such method invested so far using which we can do such kind of thing as all the crypto currencies which are there in the real word needs to have an internet connection along with the one who is dealing with any of the crypto currency.
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portotoi
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Blockchain with a Purpose
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January 25, 2018, 11:38:18 AM |
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There is only one country i knew that using the bitcoin like offline currency and that is JAPAN, beacause there you can used your bitcoin everywhere as fa as I know.
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onebtcforlife
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January 25, 2018, 11:42:49 AM |
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Still, it is not possible to use like offline currency because many governments still, did not accept Bitcoin as the payment method. Now in the present situation, it is not possible to use it any stores.
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GoodLuck2
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January 25, 2018, 05:46:45 PM |
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bitcoin is not designed to be like a real money which you can hold. what im sayin is it is only a program or data which which you can access using internet, you have your wallets on your gadgets or online because it's the only thing that can keep your online currency.
Agreed! There is no such method or technology available which gives you this kind of facility that you can use any of the crypto currency may it be bitcoin or any other coin like that of offline currency. You do need to have an internet along with tablet or pc in order to perform any kind of operation or transaction related to that of any of the digital coin. You cannot use them like other offline currencies. It seems to be a funny thing when we talk about some online currency like that of bitcoin and we want to use that like an offline currency. There is no such method invested so far using which we can do such kind of thing as all the crypto currencies which are there in the real word needs to have an internet connection along with the one who is dealing with any of the crypto currency. Bitcoin is one of the digital currency and the basic necessity which you need to have in order to regulate any of the cryptocurrency is having the access of internet. Without internet, you cannot do anything especially when it comes to that of cryptocurrencies. You cannot use any of the cryptocurrency like other offline currencies as for rest of the regular currencies, you don’t need to have an internet connection.
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CopMom
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January 25, 2018, 11:00:37 PM |
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If you look at 2018, when people are still using mostly offline currencies for every transaction, it is unlikely that cryptocurrencies will replace offline currencies. However, in the next 15 years, when online payment technology became popular, the use of Bitcoin, altcoins to pay at that time will become famous and ultimately replace the cash.
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Fidemoga
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January 25, 2018, 11:37:06 PM |
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It can be possible to use Bitcoin like offline currency. The solution would be, not to transfer the Bitcoins but to handover wallets with predifined funds. But there must be solved one problem: You need a centralized service, which provides certificates and encryptes private keys.
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