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Author Topic: If bitcoin will be used in our daily transactions.  (Read 4946 times)
Lady Coquet
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January 14, 2018, 01:54:18 PM
 #381

This implementation would be possible if bitcoin value gets stable and if every individuals know something about bitcoin. Well, if bitcoin would get a part from daily transaction such as payment for transportation thing would get easy and come in handy because you do not even need to pull out money out of your pocket for an exchange to something you just need a mere gadget then things is already in hand.
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January 14, 2018, 01:58:38 PM
 #382

If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.


Our government in our country didnt implement Bitcoin in public since it rapidly dumps which we may connect here ,if Bitcoin dumps parents should work for kore just to achieve the quota of the tuition fees which is an additional burden for them simply because if they already keep some for tuition and it suddenly dumps might stress them so much.

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January 14, 2018, 01:59:08 PM
 #383

Yes. Not only for paying tuition fees but also for buying stuff for your kids for school. Bitcoin will be use just like a regular cash. We can use it to buy our basic needs and wants.

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January 14, 2018, 02:33:53 PM
 #384

If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.
It is ok if we use bitcoin as our transaction money but in other way we still need fiat money. We still need a long years before we replace fiat and change it to cryptocurrency.
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January 14, 2018, 02:44:25 PM
 #385

If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.

Cryptocurrency is slowly being accepted by the community since there are a lot of stores who are accepting bitcoins as a payment method. It was a very nice idea if they are going to implement a payment method as well in college where they will accept bitcoins for tuition fee's because it will be easier for the people to study and provide their daily needs.

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January 14, 2018, 02:48:14 PM
 #386

Many things need to be fixed from bitcoin, if 50% of users use bitcoin for transactions every day will certainly make the confirmation time longer and of course the transaction costs continue to increase.
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January 14, 2018, 02:55:26 PM
 #387

Many things need to be fixed from bitcoin, if 50% of users use bitcoin for transactions every day will certainly make the confirmation time longer and of course the transaction costs continue to increase.
Increasing the block size will be able to fix most of the problems that we are currently having with bitcoins and when that is done, I am sure more and more people and institutions are going to use for their daily transactions.
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January 14, 2018, 03:07:14 PM
 #388

If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.
If bitcoin are going to be used in transaction, it would definitely need to have a regulation between a country and the government that will implement the system to have a proper implementation of fees on every transactions. But I think most of people would definitely choose fiat rather than to choose bitcoin because of the fee. So I guess developers might need to keep in mind the development about transactions system to lessen the fees and needed payments on each transactions.



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Guzztsar
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January 14, 2018, 03:28:37 PM
 #389

This implementation would be possible if bitcoin value gets stable and if every individuals know something about bitcoin. Well, if bitcoin would get a part from daily transaction such as payment for transportation thing would get easy and come in handy because you do not even need to pull out money out of your pocket for an exchange to something you just need a mere gadget then things is already in hand.
The Bitcoin is becoming more stable over time, despite the huge rally in the last year, corrections was not so bad.
Scalability network issues and legal questions are some of the obstacles that need more attention.
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January 14, 2018, 03:32:33 PM
 #390

If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.

Bitcoin is so into this generation. Because of the fact that it is manipulated online, many would patronise its convenience. So what havr you've said could be possible. It could probably happen thatbit woulf be used in many transactions. We just jave to wait for that time tho it is starting now.

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January 14, 2018, 03:37:35 PM
 #391

I think its more convient than using the traditional one but if ever,the schools and government should create a powerful system also because it might malfunction due to transaction traffic if the students will pay simultaneously specially when its examination week and the school should provide knowledge and information about it from orientations lead by crypto experts and IT experts
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January 14, 2018, 03:48:49 PM
 #392

If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.
it is possible in the near future for btc to be use on our daily transaction, but I guess only bitcoin users can do that because there are still people who doesn't use bitcoin and is more comfortable on using Fiat money on their transactions. If it's the rules of the schools to use bitcoins for payments they are oblige to teach their students as well as the parents for this kind of things because I think not all parents are already into bitcoin or have knowledge with it. It it necessary to teach both parents and students.

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January 15, 2018, 12:21:01 AM
 #393

It is possible but I don't think it's a good idea. In terms of flexibility, no one beats the fiat money. It is a hassle-free transaction payments especially in low payment values. And if we use bitcoin as a payment, it's transaction fees are too high that even Steam stopped supporting bitcoin as payment because of its expensive transaction fees.

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January 15, 2018, 12:40:09 AM
 #394

If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.
If BTCitcoin will be used in our daily transaction it is very complicated transition . BTCitcoin should be learn at school first. And BTCitcoin should develop transaction first to make it faster and avoid delay of payments. Make fee more affordable than the present price of transaction  fee. If all of that can be achieved already, then it will be nice and convenient to have BTCitcoin use in our daily basis.

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January 15, 2018, 01:14:26 PM
 #395

It is highly possible to happen since technology is used majorly in our lives. But, then again, losing the human touch on transactions can have a big downfall in the future.
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January 15, 2018, 01:21:02 PM
 #396

Then this would be the most great idea could ever be implemented yet there are lot of factors considering before bitcoin could be use in some transactions such as a payment for transportations, restaurants bill, tuition fee and so on. Definitely the reason why is it hard to implement this thing is just because bitcoin value is not stable, that you could get the winning position or the earning position or the loss position or the bankrupt position to be exact depending upon the value of the bitcoin.
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January 15, 2018, 01:42:14 PM
 #397

In my opinion, bitcoin will not be used as a daily transaction tool because not everyone knows bitcoin, so if we want to use bitcoin transactions then the first thing we should do is introduce bitcoin to everyone.
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