Can Bitcoin become a daily currency?

[cahbagus555]

Bitcoin transactions are way slower than other cryptos and fees are high, and when you pay with bitcoin you pay with only fractions of it, so do you think it is possible for bitcoin to become a daily currency? Something you can use to pay for coffee? If no, then what cryptocurrency have this potential?

I think, its hard to make bitcoin or other cryptocurrency to become daily currency. Beside to many obstacle to become currency, I am prefer choose bitcoin as investment instrument because gain year on year is fantastic

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[bitbunnny]

I don't know what do you exactly mean by term daily currency. There is nothing to stop you to use Bitcoins daily for your daily needs.
Still if you wanted to ask if Bitcoin could become official mainstream currency then this is another story and I don't think this Bitcoin will ever become mainstream currency in any country in the world. But to be honest I don't even see the need for that.

[parassinghal]

The reason behind slow Bitcoin transaction can be its use. It is getting used in trading a lot so it can be the reason for slow transaction. Talking about its daily use, if it will be accepted by most of the countries then it can definitely become the currency to be used in daily life. But till now it is not getting used as currency in most of the countries.

[munareal]

Bitcoin will not become a daily currency . The good thing is that it has bought the blockchain technology to the world . There are many altcoins that has more and better advantages than bitcoin.

[blockchainwriters]

as per current bitcoin volatility, it is difficult to use bitcoin as daily currency price speculated daily it is difficult for buyer and seller to stand for one price

[angelomoraaaa]

I don't think it may happen, bitcoin is a digital decentralized currency so it can't be used for daily expenses. But, it can be a global community currency that whenever there will be transaction overseas, bitcoin will be used.

[hxk451]

Bitcoin transactions are way slower than other cryptos and fees are high, and when you pay with bitcoin you pay with only fractions of it, so do you think it is possible for bitcoin to become a daily currency? Something you can use to pay for coffee? If no, then what cryptocurrency have this potential?

BTC was made particularly to end up a currency that can be utilized to pay speedier and with bring down fees however as should be obvious bitcoin is currently utilized similarly as a venture to make benefit out of it and just a not very many individuals really utilize it to purchase things on the web.

[yaniman]

it seems very unlikely at the moment, the fees are very high but bitcoin can be suitable for daily use if the fees are low. Time will show it.

[Miner228]

no, because the cost of crypto currency is not dictated by the authorities. You are not forced to accept crypto currency forcibly and only in it to make certain payments, as it happens with government money. The cost of crypto currency is determined only by the ratio of demand and supply in the market. Free market economy.

[zigfridkr]

Bitcoin transactions are way slower than other cryptos and fees are high, and when you pay with bitcoin you pay with only fractions of it, so do you think it is possible for bitcoin to become a daily currency? Something you can use to pay for coffee? If no, then what cryptocurrency have this potential?

This will take a lot of time to happen. A lot of improvements also need to be done like there should be instant transfer.

[mkcube]

Bitcoin as of now like in the philippines it cannot be the currency because  it goes to the senate hearing and it can be read in the court for how many readings untill such it will became a currency.there lots of people or in the senate will bring it on the senate for further discussion.

[sheetal_9811]

not in India, because the law here doesn't support cryptocurrency.

[Sithara007]

When Satoshi Nakamoto invented Bitcoin in 2009, he was hoping that it will become a daily currency. Unfortunately, he dropped out of the development team in 2010, and the remaining core developers were not interested in retaining Bitcoin as a currency for daily usage.

[P3]

This may all appear somewhat stunning and impalpable, yet it really bodes well. The Bitcoin arrange is developed of mineworkers, who are put resources into keeping the cash secure and steady as they are paid in bitcoins and go about as endorses of the blockchains through their action. Like any on the web and automated business, it can be liable to hacking and burglary, similarly as your bank can.

[harimauagam]

that if approved by the country we certainly can but who knows only the real currency to transact in supermarkets or wherever, if the currency in gital not many people will know around the world.

[Good tbc]

Bitcoin is already been use as a daily currency, as many transactions  is carried out using  Bitcoin for these transactions almost  all over the world.The transaction fees are not too high and the confirmation time on the block found is about 10  to 30 minutes. For those who are already using bitcoin for daily online payments and other transactions, they are already use to the system of payments which on daily bases when they enter into their transactions.The Volatility may be a factor, when it is been use, yet when holders of bitcoin come to the understanding of the Crypto called Bitcoin, it will rather gain more acceptability and Usage as a daily  currency  as it already have been used.

[kakrotssj1]

Bitcoin is already been use as a daily currency, as many transactions  is carried out using  Bitcoin for these transactions almost  all over the world.The transaction fees are not too high and the confirmation time on the block found is about 10  to 30 minutes. For those who are already using bitcoin for daily online payments and other transactions, they are already use to the system of payments which on daily bases when they enter into their transactions.The Volatility may be a factor, when it is been use, yet when holders of bitcoin come to the understanding of the Crypto called Bitcoin, it will rather gain more acceptability and Usage as a daily  currency  as it already have been used.

But what about those who do not know the procedure of bitcoin transactions or online payments? Is it easy and reliable? Should I realy shift to bitcoin from payoneer and other payment methods?

[HoangDooo]

i think bitcoin won't be, a other crypto

[melekseverce]

Approval from Wall Street is not needed for its success. It doesn't need approval from the institutions which it replaces."Can Bitcoin become a global currency?" -- It already is, Bitcoin lives on the internet and knows no borders.

[coinwizard_]

Bitcoin is a daily currency for trading altcoins, but for everyday use in the supermarkets i would say no. Unless there was some major updates to improve transaction speeds and lower the fees as well.