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Author Topic: How can the average person use crypto?  (Read 215 times)
Kingofbitcoin12345
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March 30, 2018, 11:03:00 PM
 #21

In my observation,, bitcoin is user friendly.. Can be easily understand and be used by any person regardless of educational attainment.. This technology even with a complicated perception and presumably hi-tech by certain member of the society.. This isn’t true and only those who experienced using it will give the same sentiments..

ICO does offer better alternative than bitcoin,, some survive and succeed but majority failed..

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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Lukan
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March 30, 2018, 11:03:23 PM
 #22

Using crypto average person could deal with at least two problems. First, using cryptocurrency could be more user friendly. It is not hard, but many people don't follow the technology and it would be hard for them to use it. Some apps can make this a lot easier or some cards like visa loaded with coins, that we could see in use. Second, if many users start to use some coin they could face the problem called scaling, where the whole network could be congested because of slow transactions process.
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March 30, 2018, 11:16:54 PM
 #23

Hey all, I am very new to crypto. Cryptocurrency is becoming a routine topic to talk about in households today.

The biggest issue people always bring up is that it is very difficult to use it to buy real, tangible products. Does anyone have any ideas of how to do this with limited fees and restrictions on the consumer? And are there any ICOs that are trying to solve this problem?

we are still at the beginning and it is normal that its use and its diffusion is still slow.
But it is already important that so many people now know of their existence. probably in 10-20 years it will be customary to use cryptocurrencies in everyday life.

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marcbitcoins
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March 30, 2018, 11:29:48 PM
 #24

Hey all, I am very new to crypto. Cryptocurrency is becoming a routine topic to talk about in households today.

The biggest issue people always bring up is that it is very difficult to use it to buy real, tangible products. Does anyone have any ideas of how to do this with limited fees and restrictions on the consumer? And are there any ICOs that are trying to solve this problem?

It is very easy to use Crypto currencies for payments but the problem is the transaction fees in which it makes the commodities to be expensive, the traffic in the blockchain in which transaction waiting time will be an issue and the availability of the establishments which are only few. Better to use your Crypto currencies for investments to earn more fiat and convert it to your local paper money for your instant spending.
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March 31, 2018, 12:20:41 AM
 #25

In most of the countries crypto hasn't been welcome yet ,so there are no solutions, when the government adopted crypto then automatically there will be a lot of stores accepting crypto for payment, at that time you can buy all of the product using crypto, but the debate and adoption still a long way


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March 31, 2018, 12:48:43 AM
 #26

Hey all, I am very new to crypto. Cryptocurrency is becoming a routine topic to talk about in households today.

The biggest issue people always bring up is that it is very difficult to use it to buy real, tangible products. Does anyone have any ideas of how to do this with limited fees and restrictions on the consumer? And are there any ICOs that are trying to solve this problem?
That place you are in is unbelievable crypto currency becoming a routine topic lol I'm on what can i say a pretty advanced neighborhood but that topic never comes out in every house and mouth of everyone in fact I'm the only knows it i choose not to tell them because i might be trash talked or badmouth of becoming an idiot. Buying real products in crypto might works sometimes but those are limited and might be not available in your country or place.
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March 31, 2018, 01:08:05 AM
 #27

Hey all, I am very new to crypto. Cryptocurrency is becoming a routine topic to talk about in households today.

The biggest issue people always bring up is that it is very difficult to use it to buy real, tangible products. Does anyone have any ideas of how to do this with limited fees and restrictions on the consumer? And are there any ICOs that are trying to solve this problem?

It actually depends where country are you from. Some countries are widely using and adapting bitcoin and cryptocurrency that is why it is not difficult for them to use it in a daily basis. Some countries have limited retail stores or businesses that are using cryptocurrency in their transactions.

 
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March 31, 2018, 03:53:13 AM
 #28

As of now some of the country don't want to regulate crypto due to some reason which it can be use buying illegal stuff. And that is the common problem why we can't use our assets to buy goods and product in some stores. But nowadays there are some online sellers accepting crypto around the internet but I'm not sure if the person behind is trustworthy.  
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