Can Bitcoin become a daily currency?

[Bessta]

Although there is a possibility that it can one day  become a daily currency, a lot of things should be done first like government acceptance, regulations and more which are necessary for the bitcoin to become a daily currency as addition to the present fiat currency. A lot of things should be put in place first.

[Janation]

Many people are trying to find ways, for them to exchange their service for cryptos, in our country catering private service is accepting bitcoin for cupcakes.... Lets wait other also for them to prepare themselves with this kind of transaction.

This people are accepting Bitcoin because they know that they have something to do with Digital currencies. I do know a lot of people that have businesses but they do not accept Bitcoin because :

1. They do not know what it is.
2. They know it but scared of being hacked or being scammed.
3. They know it and also know the volatility and the high fees it has the reason they do not accept it.

[Victorialll]

It is now under the development, then I think the countries part is to take their action how to apply tax with their people using bitcoin. Regulation is the part of the government to make the economy better alongside with bitcoin. So government will not use bitcoin since its decentralized for being worldwide currency.

[Darker45]

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 Bitcoin can become a daily currency. It is a possibility and in fact some people are already using it. But then again, it needs--badly needs--to add a lot of developments to their coin for it to really prosper as a daily currency. Confirmation is slow, transaction fees are high; these two alone are enough for Bitcoin not to be used as a daily currency. Bitcoin for coffee? I think it is not a good idea. Well, as an alternative, we have Litecoin. Although when it comes to confirmation time, we really have to have some waiting time. Fiat is better when it comes to this. If you are done with your coffee, you can just leave a bill under your saucer and you are good to go. Instant is all we need!  

[Fergale]

Yeh, Bitcoin can become a dialy currency. 
If you did use bitcoin then you would have already known that bitcoin transaction fees are not only not high but they are at their lowest right now.
And transactions are instant the confirmation takes time which is limited by the time a block is found, 10 min on average.

[Aubrey Wilson]

Well !! We can't do something about those countries that will ban it but the adoption of bitcoin is keep on growing everyday many countries are starting to adopt bitcoin so this scenario of seeing bitcoin being used to buy all things is there and it's visible at the moment.

[shawn995]

all things considered, you should utilize digital currencies first before beginning a point about them. furthermore, you my companion have not been utilizing bitcoin or some other digital money. since in the event that you used bitcoin then you would have definitely realized that bitcoin exchange expenses are not high as well as they are at their least right at this point. furthermore, exchanges are moment the affirmation requires some investment which is restricted when a piece is discovered, 10 min by and large.
Before proceeding onward I need to specify Lightning Network which is as of now working and exchanges on there are almost free and moment.

[Athelstan Miller]

Bitcoin is now under the development, then I think the countries part is to take their action how to apply tax with their people using bitcoin. Regulation is the part of the government to make the economy better alongside with bitcoin.

[valterkjellberg]

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?

And we don't want another fiat currency, right? In order to not create money out of thin air you have to use some resources. The PoW algorithm is perfect for this purpose because it lets the market decide how much energy it is worth to invest in this process.
I'm not sure of the correctness of the gold/bitcoin mining ratio. Any idea where is he getting his numbers from.
Could you add some sources for your claims, like the gold mining one?

That would make this post amazing and a great resource to share. As it stands with 0 sources, not so much.

[judy1409]

Many people are trying to find ways, for them to exchange their service for cryptos, in our country catering private service is accepting bitcoin for cupcakes.... Lets wait other also for them to prepare themselves with this kind of transaction.

[mhsingh]

No it can't be a daily used currency,  its a complicated alogarthim.

[czhy20]

On my opinion, it cant be our daily currency, because we still need real money for some payment that cant pay with bitcoin, but it can help us in some payment, and if bitcoin will be legalized or such implemented  world wide, i think there is a chance to become part of our daily currency

[Bitcoinislife09]

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?

Yes bitcoin can become a daily currency because bitcoin is already known bybso many people.In bitcoin you can make your time and effort productive.You can be so successful in using bitcoin because it can help you in so many ways.

[market field]

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?

Yes bitcoin can become a daily currency because bitcoin is already known bybso many people.In bitcoin you can make your time and effort productive.You can be so successful in using bitcoin because it can help you in so many ways.

I do not think so. I think bitcoin is just a market for us to invest in to get a profit and it will probably end up whenever. I do not see any market flourishing forever.

[colmenajose]

Bitcoin could be used as a currency for daily use, since it can be used for purchases of goods and services, and for its value will be very attractive to the seller, regardless of their rates

[Qartersa]

It can but as to its current state, I do not think it is even feasible at the moment. It is because there are lots of legitimate issues with Bitcoin since its onset that it had failed to address up to the present. What makes the situation worse is the fact that governments across borders deliberately or unconsciously fail to act on the matter, hence, Bitcoin's legal existence is still on a hang which makes investors and other prospective investors to not totally stand with it. I think therefore that before it can even be considered as a daily currency, it has to have some color of legitimacy in terms of its existence and some level of stability. Otherwise stated, it has to be somehow regulated so that the value does not decline or balloon so abruptly causing too much stress on the market itself.  

[Harith65]

most of the people are willing to use bitcoin as a daily currency. but the rates of bitcoin are changing rapidly. there for it is difficult to use bitcoin as a daily currency. if the price of bitcoin is stable. it will be used as daily currency.by today the attraction of crypto currency is increased therefore people are tend to use bitcoin as a daily currency. it will  success in near future.

[bitfocus]

Crypto debit cards are there but we still need easy options to pay for goods with crypto so that we can help Bitcoin to become a currency that we can use for everything and every day.

[Maryverycool]

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 don't think bitcoin is a daily currency. It has many shortcomings that limit it. First of all, it trades very slowly, its transaction costs are very high, and its transactions require the Internet to be completed, which limits it to become a daily currency.

[Cepot]

no. bitcoin will never be a daily currency like paper currency, bitcoin will remain a currency in gital,
and I do not think that far how I should pay for coffee with bitcoin ,,, bitcoin is not a valid payment tool, so it can not be used as a means of payment (transaction)