Will Bitcoin become a daily currency???

[jayhawk1]

Bitcoin is pretty much settled as a commodity now. I think a paradigm shift is going to be needed for it to become a daily currency. You have to also keep in mind that the current infrastructure behind bitcoin does not allow it to become a daily currency, due to scalability issues.

Yes, scalability of bitcoin is quite a problem and this shall prevent it far from becoming a currency. Bitcoin currently can only process 5-6 transactions per second that is very less to even do regular transactions and trading as asset. Other crypto soon other hand such as XRP can be suited as a currency as it can process nearly 2000 transactions per second and has high liquididty. Though bitcoin was made to be a decentralized currency, the tech underneath it must be developed from time to time if it is to be used as a currency in near future.

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[Mickznet]

This is possible if the government allowed or make a mandatory use of bitcoin then all people will used it as a daily currency or they use bitcoin purchasing foods and goods.

[artemchernov503]

Would you keep an extra program on your computer that does not give you anything? Hardly. Therefore, the program "encourages" those users who keep the whole system on their computers.

[Oliver2]

Currently BTC poundage is too high, if it is a large amount of transactions in our daily life, using BTC as payment or can be, but if it is a small payments, using BTC is uneconomic.

[angelaurum]

A huge NO
because bitcoin is just a fake investment pump and dump coin

you can't expect it to be used as real money
people just use it for investment...

[BlackPanda]

For now it may not yet, but with the passage of time then we can get the moment for transactions in everyday life can use Bitcoin. It is necessary some facilities, which is required is that we must have a computer device and also internet access, the development of Bitcoin use is still limited to certain communities. But now we've seen progress better and I think maybe we need more than 5 years to be able to use Bitcoin more instent. Being familiar with Bitcoin can start from now, because getting used to and learning Bitcoin now can make it much easier to accept Bitcoin as a financial system in the future.

[Lintel]

No, it is just used now as a store of value, and for trading to make money. It cannot be used in daily life because of confirmation speed etc. It will take time for daily currency usage.

I agree with you. at this moment I can see that bitcoin can be a daiky currency because we still have fiat to use. it is hard if we will.use bitcoin everyday as a payments. and to those people who are not into a bitcoin, it is hard for them.to relate into a situation like that.

[plaintiff77]

Well so far for now bitcoin is a digital currency and it will takes al long time for bitcoin to be a daily currency because not all countries and governments accepts bitcoin and they wont allow it to happen that their own currencies will be replace by bitcoin specially the $.

[Bous]

No, it won't. Daily currencies are controlled by governments and they will NEVER agree to use BTC as daily currency. Why? Because they simply have no control on Bitcoin (because it's decentralized).

[artemchernov503]

The legitimacy of crypto-currency in Russia is still controversial. The Ministry of Finance of Russia hopes to see a draft law on regulation of bitcoins by the end of 2017

[bp.comp69]

I think it's possible that bitcoin will be the currency we use in our daily lives. I see from the potential development of bitcoin at the moment is very possible that bitcoin can we use as a means of payment like paper money, but in my opinion will take a very long time.

[rhenrhen]

In the future, maybe 10 years from now or earlier than that, Bitcoin will become the official currency in the world. Though this is not the same as fiat currency coz this is termed as cryptycurrency. There is huge possibility that all of us will be obliged to engage in Bitcoin coz this will become a part of our daily lives

[reda]

In the future, maybe 10 years from now or earlier than that, Bitcoin will become the official currency in the world. Though this is not the same as fiat currency coz this is termed as cryptycurrency. There is huge possibility that all of us will be obliged to engage in Bitcoin coz this will become a part of our daily lives

Nowadays bitcoin is reach all country people. So bitcoin is digital currency. It any where to use and easy to exchange any country currency. But you know the process. Then you the bitcoin. It change the country and country people life. So People save the coin for future growth. People will be growth country also growth. Most of the people learn more information from bitcoin. It use for the business improvement.   

[JillClarissa]

I have recently written an article about the possibility of Bitcoin becoming currency we will use on daily basis.  so now I want to ask the question do you think we will see if it can be used as a daily currency???  or do you think it will be more like gold a good store of value???
My own personal hope is that we will see cryptocurrencies develop into currencies we will use on a daily basis.  in my opinion, bitcoin will be a good place to start due to the mainstream knowledge about Bitcoin,  but I do not think it's the best-suited kind for daily use and I believe we have a long way to go before it is a viable alternative to Fiat currencies for the majority of people.

For inspirational purposes, I have included my article
https://cryptoms.online/2018/02/27/will-bitcoin-become-a-daliy-currency/

I think it will be very difficult. First, bitcoin is still trading very slowly, and it takes a long time to get there. Secondly, the transaction cost of bitcoin is very high. The last bitcoin transaction, suyao Internet, now has a lot of Internet in the world.

[sidebyside]

I think it could happen in the future. When bitcoin is really popular and is considered a daily payment method. But at present bitcoin can not become money. There are still shortcomings that bitcoin needs to overcome so that it can become more practical for our lives.

[jame kotler]

Many people use bitcoin every day as a kind of money to trade, it does this and everyone will use it every day.

[BitcoinPanther]

I do think that bitcoin will become a daily currency but not the main one.  I still think that cryptocurrencies are best as alternative because of the adoption and technology available to masses.  Not all people can understand cryptocurrency so making it as primary currency will give a country citizen confusion and some economic slow down because people needs time to understand it. 

[Davidbee]

I have recently written an article about the possibility of Bitcoin becoming currency we will use on daily basis.  so now I want to ask the question do you think we will see if it can be used as a daily currency???  or do you think it will be more like gold a good store of value???
My own personal hope is that we will see cryptocurrencies develop into currencies we will use on a daily basis.  in my opinion, bitcoin will be a good place to start due to the mainstream knowledge about Bitcoin,  but I do not think it's the best-suited kind for daily use and I believe we have a long way to go before it is a viable alternative to Fiat currencies for the majority of people.

For inspirational purposes, I have included my article
https://cryptoms.online/2018/02/27/will-bitcoin-become-a-daliy-currency/

I think it's hard. First of all, bitcoin is not accepted by all countries, it cannot be circulated around the world, and secondly, it trades very slowly, and we need to wait. Finally, the transaction fee is relatively high, which will affect people's use.

[weblouartisan]

it is impossible if bitcoin is used as a daily currency, bitcoin is not suitable for that.
bitcoin is more suitable for use as an investment tool to make money.

You are right that bitcoin is not suitable to become a daily currency but in the future when the technology grows even more then there is a huge chance that the transaction fees will be decreased and the security as well will be better and cryptocurrency will be fully accepted by the community.

[kefir56]

BTC won't as i think, but some other currency can become the one, maybe even worldwide crypto currency, the currency have something behind it, but BTC does't