KennyR
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November 26, 2017, 06:38:14 PM |
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This is completely an internet connectivity based value system. So without internet connectivity nothing happens and bitcoin being a offline currency is not that possible to use everywhere. Maybe it can be taken in a offline wallet and on requirement can be used.
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TheKeyLongThumbI
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November 27, 2017, 02:14:27 AM |
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Unfortunately, no. I know that this is going to be a hindrance for some people that cannot afford to have an internet connection but bitcoin really need that to work and to be able to used in transactions. You can still use fiat if you want.
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hartonosusilo
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November 27, 2017, 02:20:28 AM |
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Paper money was made for this purpose. So i'm strongly believe that this will not happen with Bitcoin, every single transaction of Bitcoin needs a processing of a miner. So the transaction will not be succeed if there is not internet.
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maarx
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November 27, 2017, 09:32:54 AM |
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Economic is developing with fast speed, it make physical payment such as coin, money paper are losing its strength. I think it will be offline currency in next 10 years
Yes almost 60% of account holders are on online transfers, purchase and so on. It's really handy and time saving. Bitcoin has already stands in such a way that it can be only used via online. Really foreseeing. Much fast in transactions and secured. It's always recommend to go online always.
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pinggoki
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November 27, 2017, 01:32:28 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?
Well my answer is no, bitcoin is not fully accepted in our society that is why it can only be used in online transaction. As soon as possible I want to have a store that will accept bitcoin as payment method because it is more convinient for me to use it since I am kind of person that maximize the usage of technology.
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eddyifeanyi
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November 27, 2017, 04:50:07 PM |
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Bitcoin is an internet currency, and so entirely digital. It cannot be used entirely like noninternet or offline currency since it doesn't come in hard form even though it can easily be exchanged for good and services as well as for physical currency. Nevertheless, a colleague at my office mentioned that bitcoin has been produced in hard form as coins, and that a bank of bitcoin exists in the US. We need to very that though.
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Bigbangcrazy
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November 27, 2017, 05:20:54 PM |
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The US govt. is now working with people in the Bitcoin community to develop a "greenlist" that would only allow those on the list to use BTC. There is a definite possibility that Bitcoin could be used as the one world currency, but at the same time there are a many supporters of Bitcoin that do not agree with greenlisting and do not want any involvement with the US govt.
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bering
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November 27, 2017, 05:33:04 PM |
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bitcoin and internet connection these two things cannot be separated and connected but very difficult to use bitcoin as offline currency because what happened to bitcoin without internet connections and probably bitcoin will be useless but in the future possibly bitcoin will use at offline shop such as supermarket or restaurant
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mharz
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November 27, 2017, 07:42:23 PM |
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For now bitcoin was can't used without internet, so I think it is impossible to used bitcoin as offline currency. Moreover this bitcoin have different influence to the community so I think even can't possibly to used bitcoin in in offline, we can make to used all the potential of bitcoin in the market. Like we can keeps bitcoin in the wallet to become more valuable than paper cash.
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setupbounds
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November 29, 2017, 09:46:10 AM |
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i think its not possible because bitcoin is connected with internet and without internet, we can not use bitcoin. bitcoin is different than fiat, bitcoin don't have physical form and although there is any debit atm, we still need internet to use bitcoin. so i think we can only use bitcoin as online currency for now but i don't know if in future, if there is a way to make bitcoin like offline currency then we have opportunity to use bitcoin in offline too.
Exactly, The most basic difference in between paper money and digital money is that you actually need to have a good internet connection in order to use crypto currency. Without having an internet connection, there is no way that you can use bitcoin or any other coin which is there in the world of crypto currency. This is the basic thing which you need to have and without it, you cannot do anything.
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Meowth05
Sr. Member
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November 29, 2017, 09:52:46 AM |
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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?
Well as of now we couldn't tell because bitcoin is not that yet popular. However, I know that there are existing store that accept bitcoin as payment method. Anyway, if bitcoin will be known around the world it is not far to have an offline marketplace that will accept bitcoin and all we need to do is patience.
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Anwar22
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November 29, 2017, 09:55:35 AM |
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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?
It's really interesting question. Since bitcoin is online currency so my seems that it's not possible to use in offline market place. Because we can't see bitcoin in offline So how do you use it in offline. So i think it's not possible.
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batang_bitcoin
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November 29, 2017, 12:52:14 PM |
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Economic is developing with fast speed, it make physical payment such as coin, money paper are losing its strength. I think it will be offline currency in next 10 years
If they can invent a solution on how we are going to use bitcoin like offline currency. I'm only thinking that it's possible when all coins are mined since transactions needed to be confirmed so there's a need for internet access for a transaction to get confirmed. And that's why bitcoin being an offline currency now is impossible to see, there's a need for dev cores to do something about it.
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Rent this sig space so that BTC goes to $100k.
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alihassan99
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November 29, 2017, 08:07:43 PM |
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its impossible to use bitcoins like the offline currency.you need some network to sell or buy the bitcoins on the websites and it can not be done like offline currency.plus dont forget its an electric currency its has no physical appearance so how can you use it like an offline currency.
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Zuilhsa
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November 30, 2017, 05:59:16 AM |
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I think it is impossible to use bitcoin as an offline currency. Without internet connection we cannot access bitcoin. It has no physical nature and transactions, payments everything happens through online. Only possibility is that we can convert it for fiat currencies that's al.
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fiomcorka
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November 30, 2017, 09:27:46 AM |
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Economic is developing with fast speed, it make physical payment such as coin, money paper are losing its strength. I think it will be offline currency in next 10 years
No one out of us exactly knows what will happen in the coming days as future is very much unpredictable. According to my knowledge, bitcoin and all other coins which are there in the world of crypto currency do require an internet connection to operate remotely. There is no possible way using which you can use any of crypto currency as offline currency. It is next to impossible sort of thing.
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madentopere
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November 30, 2017, 02:03:15 PM |
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it’s possible but we have many good services for offline currency so that bitcoin not good
maybe when many use bitcoin will be good to use it
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carlisle1
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November 30, 2017, 02:46:05 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?
no its impossible bitcoin is VIRTUALmoney so it means needed a power or internet to be used.and offline money is like a physical money that can be use anytime so its a two different thing thats the best answer you can tell your friend. But you can use it market if you will convert it to fiat.thats the only way you can use it to pay your marketing
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Ikay
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December 01, 2017, 09:16:45 AM |
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I think is a big no because if we used offline marketplace we cannot make money so that bitcoin currency is not good for bitcoin we need online marketplace so that our bitcoin are have good currency
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Hasan_MSH
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December 01, 2017, 02:51:48 PM |
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Till now, it is not. It is not impossible to use bitcoin like offline currency, but hard. Cause bitcoin has designed as a online currency and it is using through one line. If you take initiative to make bitcoin as a offline currency, you have to go through hard situation. You may use it to get goods by using online. You can't make it hard cash now. For that you have to go too long way. Again i would like to say, it's hard but not impossible.
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