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Author Topic: can you imagine bitcoin as your prime currency.  (Read 1494 times)
brickafterbrickwalldpt
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May 12, 2018, 02:59:28 PM
 #121

I'm already using Bitcoin a lot, but there are still not many shops which would accept my coins. I really like cashless transactions and that's why I'm using debit cards, but I don't feel secure. I'm afraid that my account might be block by some authority without any particular reason. I can imagine using Bitcoin daily. There are many iOS and Android wallets which are really easy to use. Bitcoin payments are as fast as credit cards (scanning a QR code and hitting send after a quick check if the address is correct). It is a matter of time before it becomes a reality.

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May 12, 2018, 03:09:02 PM
 #122

Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.

I can't see this happening due to the fact that there was a number of countries who already banned Bitcoin to their systems and I guess they will be the one who will against the stated vision I guess thats pretty tremendous to look forward but we will create a huge boundaries for the less fortunate people since they will not be able to fit in the future society if this will come to life.
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May 12, 2018, 03:20:30 PM
 #123

Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.

Yes, I want bitcoin to be the main currency, and I think that would be a very nice thing because we are more free to use bitcoin for various transactions.

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May 12, 2018, 03:34:54 PM
 #124

Im already considering it as a currency especially if someone also has the same mobile wallet as I am. I'm also in favor in bitcoin being the prime currency because if this happens it will be much easier to compute and to return excess money because you'll find it easier to contact that person.



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May 12, 2018, 03:41:42 PM
 #125

Btcs are ofcourse my prime currencies and i am willing to get everything out of btcs only Smiley
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May 12, 2018, 05:13:21 PM
 #126

At this stage, I do not see bitcoin as the main currency. It is too unstable and vulnerable, and does not have a constant value and will be affected by the slightest influence. But I think that bitcoin should not be underestimated.
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May 12, 2018, 07:53:44 PM
 #127

I imagine if all the daily transactions all use online from grocery stores to furniture stores and others. maybe bitcoin more and more people are hunting him. but all that is very difficult to happen. because bitcoin is not suitable for use for daily transactions.
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May 12, 2018, 07:57:14 PM
 #128

Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.

It's really convenient to use bitcoin as a mode of payment, just imagine paying your bills using bitcoin. You can save a lot of time compared to falling in a long line and filling out a form just to pay a bill. I think bitcoin is one of the best thing that technology brought to human.

 
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May 12, 2018, 08:53:18 PM
 #129

would be very good in my opinion if Bitcoin is used as global currency, maybe the price of some goods in some countries will be same, but it is difficult to realize because many governments still disagree with Bitcoin for various reasons.

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May 12, 2018, 10:25:30 PM
 #130

It's really convenient to use bitcoin as a mode of payment, just imagine paying your bills using bitcoin. You can save a lot of time compared to falling in a long line and filling out a form just to pay a bill. I think bitcoin is one of the best thing that technology brought to human.

Not sure what country you are from, but you can just have bills automatically be deducted from your bank account. I however read about how certain people in developing countries who are denied a bank account for whatever reason (likely class discrimination) do have to go through that what you mentioned. Maybe you are from such country as well? I don't know how much of a problem it is in developing countries, and don't know what traditional fiat payment services there are available as alternative, but Bitcoin can actually form a great help in that case. If people can accept the volatility when using it to pay for bills with Bitcoin, then it's all fine, but reality mostly turns out to be completely different....
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May 12, 2018, 10:36:46 PM
 #131

 - From a UK perspective - I can imagine the 'Bitpound' soon. It's the inevitable steamroller that is the rise and continual improvement of man and technology. Moore's law, may be somewhat outdated, but I think, still has great merit, or at least a good basic indicator of progress, despite being too general imo. gledit.
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May 12, 2018, 10:46:05 PM
 #132

well, i imagine it very well, and i think this is a very comfortable a digital currency that was very nice to understand and easy transaction payment thats great anyway to make it a prime currency
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May 12, 2018, 10:54:03 PM
 #133

Being a primary currency in terms of usage and acceptance requires lot many years to travel. As it is completely decentralized it cannot easily get the status of a primary currency, and in my belief bitcoin will continue to be the alternative to the traditional currency system. More the advancement more will be the adoption leading towards mainstream usage.

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May 13, 2018, 01:43:30 AM
 #134

Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.

Its really good if bitcoin can be our daily currency and we can spend it wherever we want, but in my country bitcoin as payment is prohibited and againts the regulation. I hope in future can make payment in merchant using bitcoin in my country

Many are expecting that to happened but I also believe that it may happen but not soon. I think their is no problem with that as long as many will be benefited why not. My only hope if this will really happen is the transaction fees will be modified and lesser  for the benefit of all the users.

Indeed, i do believe that will happen but not too soon. Many obstacle if bicoin as daily currency, like central banks must be wont issuing regulation about it and not many people understand about bitcoin or cryptocurrency. Its need a lot effort to make it happen
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May 13, 2018, 02:51:30 AM
 #135

bitcoin is and going to be a good investment item because it is dominating crypto market. but sooner or later one of those alternative altcoin solutions will beat bitcoin and take its place.

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May 13, 2018, 04:23:49 AM
 #136

Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.

Bitcoin can be used as currency but not primarily. We can say that bitcoin can be use easily and the faster transaction really matters but it is difficult to use as prime because not all accepts payments of bitcoin.
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May 13, 2018, 04:42:07 AM
 #137

Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
It would be a great idea but i would stick with reality. We belong in the third world country and acceptance of bitcoin as a means of payment is not that largely accepted in our country. It would take a very long time for it to go mainstream if ever it would be. But i do imagine myself being rich with bitcoin.
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May 13, 2018, 04:55:13 AM
 #138

bitcoin is and going to be a good investment item because it is dominating crypto market. but sooner or later one of those alternative altcoin solutions will beat bitcoin and take its place.
indeed now bitcoin is very close to investment, most of the turnover of bitcoin is used for investment. it is not a matter of surprise because its fluctuating nature is actually used for investment

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May 13, 2018, 05:27:41 AM
 #139

Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.

If bitcoin becomes the main currency, then that would be good because all transactions can be done in digital, and that will make things easier and more fun.

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May 13, 2018, 05:42:41 AM
 #140

I used to always make bitcoin as the prime currency and I assume 1 btc remain 1 btc no matter how if it is converted to usd or idr.
But everything is change when the government in my country prohibits to use of the bitcoin as a legitimate payment tool, and since bitcoin price has gone high, I've sold almost everything and can't be used as a prime currency because in my country, using of cryptocurrency isn't resctricted although is not  prohibited completely.

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