when cryptocurrencies can be used to buy basic needs?

[ub27]

A lot of projects are going on blockchain and new cryptocurrencies are being launched day by day but when can we actually see  them floating in real market for real use cases like buying a cigarette or bread? is it possible?

When the states accept the use of cryptocurrency. At that time we will see the cryptocurrency used to buy things in life. But it will take a long time to see that

But do you think states will legalize it? seeing the current scenario (korea,china,india) are putting a ban on these.

They are not legal now. Most have a ban. But we need to wait in the future. However, if the SEC agrees on ETF, it will come sooner. I think so

[enawati]

In some country that regulated Bitcoin and cryptocurrency,  there are already many shop and merchants accepted crypto, even in some country that still netral in crypto already use crypto for daily transaction. Some project like Pundi x already has live product that make easy to buy crypto and use it for daily transaction, and many merchant and shop already use it.

[cryptobae10]

Real case uses are happening already
Bitcoin for train metro, bobs tokens to pay for repairs and several tokens have prosperous prospects too
Like docademic used for medical ways, etc we just have to way for wide range of uses

[supermine]

I think when the problem of confirmation waiting first, the payment will be come instant, at that time, we can think of using it for daily using.

Maybe it applies to bitcoin and other crypto currencies with confirmations but there are lot of crypto currencies with instant confirmations as well,so this may not be the big problem for the crypto currencies to be used in daily life.I think the volatility is the main reason that people won't accept it as a payment and people consider crypto currencies as the investment rather than currency so we need to adapt to the new currency system to be used in daily life.

[BTCdoaA]

That what i am willing to see now so i can eat my breakfast with a cup of coffee and pay with bitcoin , but these wishes will not be any time soon until banks disappear to enter new era of decentralization .

[Lima0396]

A lot of projects are going on blockchain and new cryptocurrencies are being launched day by day but when can we actually see  them floating in real market for real use cases like buying a cigarette or bread? is it possible?

Using it to buy physical goods will quite be difficult since its a digital currency, crypto will remain to be used for payment through internet only.

[X-Infinity]

A lot of projects are going on blockchain and new cryptocurrencies are being launched day by day but when can we actually see  them floating in real market for real use cases like buying a cigarette or bread? is it possible?

X-Infinity is an ICO that has a debit card of its own issued by MasterCard. It is a crypto wallet that can hold any cryptos due to its cross chain features. That being said, you can roll up to any store that accepts MasterCard and carry out a transaction. X-Infinity's processor would take 1 second to turn your crypto into fiat money to carry out your transaction over the counter. Check it out www.xinfinity.io

[batang_bitcoin]

A lot of projects are going on blockchain and new cryptocurrencies are being launched day by day but when can we actually see  them floating in real market for real use cases like buying a cigarette or bread? is it possible?

We don't need those new cryptocurrencies.

Bitcoin is existing and it can be used to purchase with almost anything that you want. These cryptocurrencies and ICOs are making the market crowded and some are only there to scam investors.

Have you tried to purchase something with bitcoin before? because I do.

[rozak]

A lot of projects are going on blockchain and new cryptocurrencies are being launched day by day but when can we actually see  them floating in real market for real use cases like buying a cigarette or bread? is it possible?

depending on the coin you buy has the potential to compete in crypto or not. if you invest carelessly without analyzing first you will not get anything, let alone meet your basic needs. trading is not easy to imagine. need to trade techniques properly and correctly, experience needs to be obtained to get the expected income.

[Leonard2016]

There is a big gap between a white paper of many of Coins or tokens and their projects!
Everything in White Paper seems fancy but when it comes to practical , it's like an elementary thing , I think that's the main reason of not seeing cryptos in normal life yet!

[blockcainproject]

There is a big gap between a white paper of many of Coins or tokens and their projects!
Everything in White Paper seems fancy but when it comes to practical , it's like an elementary thing , I think that's the main reason of not seeing cryptos in normal life yet!

https://i.imgur.com/LClKC0J.jpg

HAHA! perfectly explained the major scams happening now. which is the major reason of trust issues.

[toddmichael]

A lot of projects are going on blockchain and new cryptocurrencies are being launched day by day but when can we actually see  them floating in real market for real use cases like buying a cigarette or bread? is it possible?

X-Infinity is an ICO that has a debit card of its own issued by MasterCard. It is a crypto wallet that can hold any cryptos due to its cross chain features. That being said, you can roll up to any store that accepts MasterCard and carry out a transaction. X-Infinity's processor would take 1 second to turn your crypto into fiat money to carry out your transaction over the counter. Check it out www.xinfinity.io

So you are promoting it :p

[Kathy2393]

A lot of projects are going on blockchain and new cryptocurrencies are being launched day by day but when can we actually see  them floating in real market for real use cases like buying a cigarette or bread? is it possible?

depending on the coin you buy has the potential to compete in crypto or not. if you invest carelessly without analyzing first you will not get anything, let alone meet your basic needs. trading is not easy to imagine. need to trade techniques properly and correctly, experience needs to be obtained to get the expected income.

what are those techniques then? can you please elaborate a bit?

[devormity]

this will take a long time for cryptocurrency to be accepted as a daily payment tool. because there are still many countries are still counter to bitcoin and the price is always not always stable to be used as a means of payment. but all that, did not rule out, maybe after all countries legalize the existence of bitcoin and have seen all sides of bitcoin to be used as a means of payment. must require decisions that need to be really mature, in order to avoid the things that are not desirable.

[denis-z12]

It will be possible one the transactions become instant and the transaction fees are almost unnoticeable. I dont think people will adopt cryptos if they have to wait 15 mins at the cashier before the transaction goes through + having to pay an additional 1-2$ for a 10$ transaction to the miners.

[southcat]

But it will definitely be realized in the future.
As far as I can tell, some airports and countries have implemented encryption store shopping and payroll payments.
I hope my country can accept it earlier by cryptocurrency.

[cabron]

Cigarette doesn't sound like a basic need to me. But I think we are almost in the edge now that maybe in just few months or a year or two we can see tokens like Lisk or stratis or whichever that will be accepted too. I guess we are all just going to wait for regulations from government and ETF. Its what will drive the price too.

[argus312]

As soon as payments become faster, it will be possible to apply crypto currency to purchase household needs!

[quesi_job]

I think we will have a broader uses cases in the coming years. There are great projects out geared towards this motive like xrt foundation who aims to harness the payment process in the food industry. I think its a matter of time for this initiative to manifest in our daily lives

[codegm]

I think it is not far away technology but now it is early. People need the know about something more the cryptocurrencies