when cryptocurrencies can be used to buy basic needs?

[okaypool]

I think it will be available in the near future. Some online shops are already testing such ways of paying for goods or their services. Therefore, I think this is a matter of time, and everything will be. Soon we will be able to use the crypt for its direct purpose, and not just as a way of earning.

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[wuvdoll]

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?

I think we are just one company away from that. If a company that starts some cards like psn store cards or itunes cards that is tied to bitcoin but in fiat currency than we will have huge ways to actually buy $5 worth of bitcoin from some card in some grocery store anywhere around the globe. Those companies can charge some commissions from the sales and in the end it will come as a really expensive way to buy bitcoin because of all the costs involved however look at the ease of buying bitcoin which will be basically selling EVERYWHERE in the world as easy as giving 5 dollars and getting 5 dollar worth of bitcoin. As soon as a company does that, you are looking at a mass adoption.

[Diego_Davis]

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?

I think we are just one company away from that. If a company that starts some cards like psn store cards or itunes cards that is tied to bitcoin but in fiat currency than we will have huge ways to actually buy $5 worth of bitcoin from some card in some grocery store anywhere around the globe. Those companies can charge some commissions from the sales and in the end it will come as a really expensive way to buy bitcoin because of all the costs involved however look at the ease of buying bitcoin which will be basically selling EVERYWHERE in the world as easy as giving 5 dollars and getting 5 dollar worth of bitcoin. As soon as a company does that, you are looking at a mass adoption.

Um, there appears to be multiple options for that in the US, at least. A quick Google search will bring them up. I don't want to advertise any particular site, but here's a list of 7 that apparently sell gift cards: https://www.ccn.com/7-places-buy-gift-cards-bitcoin/. This is definitely a nice option for purchasing things almost directly with bitcoins. It's definitely not the most convenient thing, but a step in the right direction.

[zeze18]

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?

Still need a long time because it's still not safe and still need time for doing a transaction.
It still need many improvement before it will go global currency for daily needs

[doctordidi]

I think it takes a very long time for Crypto to be used to buy basic food items (around the world), which means that all countries have legalized krypto. and really crypto is safe to use for its people.

[AdoboCandies]

Well it will be near to possible because our technology is advancing maybe in the near future you can buy some items using bitcoin or the bitcoin or the different cryptocurrency will become tangible who knows, because know there are different utility tokens that can be used in our daily needs, or you can convert them into fiat if you want them to and now i know there are some bitcoin credit cards that can be used in buying some items.

[vladaziya4]

A great topic for someone who does not know much about it or wants to disassemble it in more detail. I think this is very useful information. Of course, I fully agree with you. There have been no such news for a long time and this is very encouraging. I liked the market during the week.

[shinchan123]

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?

It actually depends if an establishment honors cryprocurrency as payment for goods or services. In some countries, there are stores where you can actually use bitcoin to buy goods and pay for services. This willbe convenient for both consumer and store owners since paying will only be just click away.

[akosijue]

I know a great deal of projects that have been successful and are being widely used in the real world be it with cryptocurrency or fiat currency. And also ICOs nowadays, especially those that have a working product and guaranteed softcap, have platforms which would be of great use to the realworld, woud like to pint out those that will make cryptocurrency as a form or payment. Many of those projects can be found to ICO benchmarks with ongoing ICOs nearly ending.

[frankbeard]

There are some spots around me in North America that accept Bitcoin for basic need items.  Yo can basically buy gasoline shop type of stuff.  I'm also able to buy my electronics and other items online with Bitcoin.  It's closer than you may think.  

[duongdaiduong]

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?

It may be accepted on a daily payment ... However, to do this, Crypto takes time. Samsung is at the forefront of accepting payments by crypto. Can see here is the beginning.

[Jeremiesaranza]

I don't think that we really need crypto to buy basic things. We still can use cash (visa has 2000 tx per sec, not so bad after all) and use crypto for other online payments to stay private and more secure.

[Sarobeat]

Depends on the country. In Japan, as far as I know, the crypto currency is already used for domestic needs. The next such country, I guess, will be China or India. I hope that by 2020 all the leading countries will be able to use the crypto currency without hindrance. 

[xOdiumNostrumx]

Not sure when the crypto will be so deeply adopted that we will be able to purchase perishable items with it, but you can still buy a Amazon gift card with BTC and spend it on food, so indirectly you can already use it to buy the most basic stuff.

[waitinglist]

well maybe cryptocurrency can we use to buy daily needs if the government has legalized it.

[Lerikaweb]

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?

The problem is that the networks cannot deal with a lot of simultaneous transactions and it takes a lot of time to complete a payment. Also, you never know how much the final fee is going to be. As soon as these problems are solved, crypto will enter our everyday lives.

[Mihaylovic]

i think it is still a bit early. there are still people that things that bitcoin and other crypto currencies are being used for illegal things only such as buying narcotics or guns etc. i think that when people change their mind they will be more commonly used.

[ToddDiaz]

While crytocurrency still need time to do all the things that we hope for it to do, there are some outlets that particularly ask to be paid in cryptocurrencies if possible. Not that this is a general thing yet, but some retailers or shop owners would rather prefer that you pay them in either Bitcoin or ethereum, here in my country. So hopefully, crypto will get to that stage soon when it becomes generally acceptable.

[micheal wang]

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?

After the cryptocurrency returns to its function as a currency, not as a place for investment or trading place. The present situation will not allow it to become real, even to the smallest things as you say buy 'cigarettes and bread' there is no everyone will accept cryptocurrency as a payment system, unless he is a cryptocurrency user.

[tanvir232]

We can but not too available actually. Hey, the first transaction was for pizza, you know. However, I think it will take a minimum of 5 years to be used as daily currency.