Can Bitcoin become a daily currency?

[leonardian_project]

No, it is just used now as a store of value, and for trading to make money

[1715472814]

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[toiratdeptrai13]

bitcon has limited storage. So it will not be a substitute for daily currency. But the crypto is perfectly possible

[Clara.Wilfred]

I think so long as it's an appreciating asset no. If the value levels off then I can see "Satoshis" being used for everyday payment

[newb-dev]

There are many chances that in the next years bitcoin becomes a payment method for the online transactions all over the world

[tricky boy]

You are right...Everyone knows about it.It's not for us.This is for the rich people.Seems crypto currency is much popular than real money.There are so many small things that people can not buy with bitcoin in everyday life...bitcoin is far from becoming an everyday currency.
In my opinion, Litecoin is the best way to meet daily needs.I do not know what you think, but it seems to me

[Kray]

The things you mentioned are some of the factors that causing bitcoin or cryptocoins can’t be a daily exchange rate, for now and also the existing infrastructure is not yet capable, but the development is very unpredictable so I think it’s uncertain.
Oh and I think this question is asked in this forum so often.

[Phildo]

Yes, bitcoin can become a daily currency if one create a digital wallet and then can swipe over our phone or maybe even a card. This will create easiness to the billing system.

With the existing fees, in a few transactions you have spent more than you use conventional transactions, and many transactions are queuing for verification and business enthusiasts must wait for their money. It can, but if nothing better than conventional, then why using cryptocurrency?

[Spades77]

It is possible but to be perfectly honest I don't think it is going to happen in the near future. We all know that Bitcoin is made as a digital currency and not for daily usage, it is here not to replace fiat but who knows, what will happen, We just need to consider the transaction fees and confirmation time, plus the fact that not all establishments are accepting Bitcoin and the government, I don't think they would like the idea, they are already unfriendly to Bitcoin now what more if it will be used as a daily currency, I am sure they will do anything and everything on its power to shut it down. For me it is better for Bitcoin to stay as a digital currency, that way it can still fulfill its purpose without killing fiat that can lead to nothing but chaos.

[Aprodite]

i think, bitcoin is less appropriate if used to buy food. because the fees for buying food are higher than the price of the food itself. for example, the price of a cup of coffee is only 1$ while the transaction fees 5$.

[Mantisa83]

I think transaction volumes need to go up significantly before crypto prices can go up. My guess is crypto has the rest of 2018 to get trans volumes up. My other point is the current way that mining works is not sustainable. I have advocated a controlled mining model where say six large miners only are used and paid the same amount to provide the service.

[cryptoblue77]

It is certainly possible that bitcoin can become a daily currency. But, It would take a long time for bitcoin to get accepted everywhere. It has already made a lot of grounds.

[AristoteI]

Bitcoin can not become a currency for daily payments. The cost of transactions in bitcoin is too high. The ethereum has a much lower transaction cost compared to bitcoin.

[potatocrasher69]

all things considered, you should utilize digital currencies first before beginning a subject about them. also, you my companion have not been utilizing bitcoin or some other cryptographic money. since on the off chance that you used bitcoin then you would have definitely realized that bitcoin exchange charges are not high as well as they are at their most minimal right at this point. what's more, exchanges are moment the affirmation requires some investment which is restricted when a square is discovered.

[mdead]

yes bitcoin can be daily currency, but it needs to cut off that higher fees.
there is no problem with transaction delay, it goes instant to the receivers blockchain.

[#dhabitamartha]

bitcoin may be a bit slow because the number of enthusiasts and users is now much more in the past year and this market should move quickly because the addition of bitcoin owners and sellers may be this market is sluggish because the high price is much cheaper etherum so the movement is slower than etherum if for a day today is being used now as many companies are facilitating the way in which the coin sells to buy a daily good or a rental service.

[onemoretime8520]

for now it is not very advantageous to use btc for daily payments rather it is used as an asset but with the lightning network implementation maybe btc would take a lead into this case as well.

[Jaya912]

For me its not because of the higher fee and too slow for the confirmations and we know the price of bitcoin is not stable compare to our local currencies but we never know what will happen maybe someday it may become suitable for that thing.

nobody will know what happen in the future even in the next minute.
so how if bitcoin fix the high price and make the transaction very fast with new technology? so with that moves, bitcoin can be easy to use as daily currency. bitcoin developer just need to fix those two problem.

[Delos]

Yes

It should be. The life would be more easy. Just pay with your wallet app on your mobile.

[Ayiranorea]

For me its not because of the higher fee and too slow for the confirmations and we know the price of bitcoin is not stable compare to our local currencies but we never know what will happen maybe someday it may become suitable for that thing.

nobody will know what happen in the future even in the next minute.
so how if bitcoin fix the high price and make the transaction very fast with new technology? so with that moves, bitcoin can be easy to use as daily currency. bitcoin developer just need to fix those two problem.

Yes, no one has the clear picture about the future of bitcoin. It is all about the support it gains with time period. As the  technology is a must for the development we have got increased chances for the adoption of bitcoin in a much larger scale. If this happens we can see bitcoin getting used same as daily currency.

[myanti55]

Yes bitcoin can become daily currency but this all will happen in the future it is possible that we can start using this money and when we give this option to those from which we will receive some money then this trend will be normal and with all this we want to give some strength to the money those who have some of the cryptocurrency then they can cash out this any time So if bitcoin is accepted everywhere we can say that bitcoin become daily currency.Pay for coffee is possible, there are even existing coffee shop that accepts bitcoin as a payment across the world, but payment for everything I think is far enough from reality. Let says you see an exotic street food during your travel at Thailand, those sidewalk vendors won't accept you bitcoin payment, some even don't accept dollars. That is my local fiat were present to be a legal and popular tender for each country.Bitcoin doesn't need to be an everyday currency, but rather serve as the store of value in the representative form of digital gold. If that is the case, then higher transaction fees and long confirmation times reduce the incentive for participants to move money, leading to more holding, theoretically reducing the