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Author Topic: when cryptocurrencies can be used to buy basic needs?  (Read 2787 times)
Ividanik
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August 11, 2018, 04:22:25 PM
 #121

I think we can't use crypto to buy something in the store, maybe there any store that available to pay with the crypto but still it's only a few stores that allow us to pay with crypto at that time.
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August 14, 2018, 08:52:11 PM
 #122

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, at first, we'll use them for other purposes, e.g. the purchase of video, audio or graphic content via dApps (decentralized apps) or smth like deposits in banks or usage of algorithms for the improvement of databases - such spheres which are almost invisible in daily life!

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September 17, 2018, 10:55:32 PM
 #123

High volatility of crypto assets makes the mass adoption difficult, but there are many stores already accepting crypto as payment.
For them it is a new market and more and more merchants will follow their example in the future.
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September 17, 2018, 11:03:04 PM
 #124

Have you heard about Flogmall? It is a platform where you can buy goods and services for crypto. I wouldn't call it basic needs like food purchases, but you can buy here clothes, phones .

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September 17, 2018, 11:25:58 PM
 #125

it can happen when all countries legalize cryptocurrency and in my opinion it takes a very long time, because it is not easy to make cryptocurrency legal.

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September 17, 2018, 11:28:51 PM
 #126

well once a cryptocurrency starts and trades in an exchange, you should be able to use it to buy real things, once it trades with bitcoin, it has some value and can be accepted by certain shops.

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September 23, 2018, 05:22:49 PM
 #127

I think that we soon will see. Cryptocurrencies are too unstable for them to pay something every day or change prices every day
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September 24, 2018, 04:53:27 PM
 #128

It is worth waiting for this only when the cryptocurrencies become at least a little more stable. So do not think about it for another year at least

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September 24, 2018, 04:59:00 PM
 #129

I hope it will happen in near future. I read an article few days back where I found coinbase is thinking about adding payment feature. Hope our wait and expectations will be true.

Yes let's hope for the best, well in few countries they have already started transactions and hopefully this will be implemented in future days.

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November 10, 2018, 07:36:57 AM
 #130

I think it will take time that cryptocurrencies will be used to buy basic needs especially now that there are projects that pop up like mushroom in a garden. and then just dissappeared in thin air  or the development just died down. If the coins can  be easily acquired by the masses any where and the prices began to stable then cryptocurrencies will definitely be able to be used as payment for basic needs.
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November 10, 2018, 08:09:23 AM
 #131

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 have not been able to see its development functionally, although some projects are currently running and developing their products. maybe if countries in the world legalize crypto, it will simplify and accelerate the functional use for all levels of society.
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November 10, 2018, 10:50:12 AM
 #132

I think that very soon we will buy all that we need in stores for crypto. A few years must go by.
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November 10, 2018, 10:38:50 PM
 #133

Unfortunately, this is not yet possible. You can certainly pay for something in some countries with cryptocurrency or pay someone in cryptocurrency, if that person knows about it and is ready to accept it.
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November 10, 2018, 10:55:35 PM
 #134

In the distant future it is possible. But it is too early to talk about it. The crypt is very volatile and using it for everyday purchases would not be very convenient. In General, there are already places where you can pay with bitcoins. Its the beginning. With the crypt we are waiting for a lot of new opportunities.
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November 10, 2018, 11:08:30 PM
 #135

This will all be gradual, for example, as with mobile phones, only by 2020 almost every person will have a mobile phone. In order for a cryptocurrency to be used in everyday life, it is necessary to go through more stages of development, then maybe in 5 years we will see results.
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November 10, 2018, 11:13:21 PM
 #136

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?

that might happen by buying goods using digital payments (cryptocurrency), but that will happen when all countries can accept cryptocurrency (become legal), because only in this way cryptocurrency can be used freely to buy goods or basic needs.

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November 11, 2018, 05:44:59 AM
 #137

This will all be gradual, for example, as with mobile phones, only by 2020 almost every person will have a mobile phone. In order for a cryptocurrency to be used in everyday life, it is necessary to go through more stages of development, then maybe in 5 years we will see results.

The cryptocurrency market is very large and interesting. Electronic currency is the future of the world. And it is very convenient and profitable. Altcoins develop the market, they have great potential and very soon, we will buy goods in stores for altcoins.
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November 13, 2018, 07:30:32 PM
 #138

According to studies of authoritative sources, the annual average increase in investment in the ICO sector over the next years will be about 35% per annum. This is not so fast, a similar increase can be observed in the field of application of cryptocurrency for normal purposes. If cryptocurrency is actively used now by about 4 percent of the population, then it will take many more years to reach the level of at least 50%.
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November 13, 2018, 08:07:11 PM
 #139


I think it will happen very soon. Personally, I know a couple of online stores in Russia that sell goods for cryptocurrency, they even said that they would be happy to accept, rather than send dollars to Western Union. I was even surprised by this. There are also many people talking about some companies that also accept. I think this is how little by little it all begins and soon will be everywhere.
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November 13, 2018, 08:11:50 PM
 #140

Buy Horizen and use it with Paytomat app on your phone. Problem fixed! Real use case with cryptocurrency to pay for your coffee :p
There are many solutions currently, I don't know what more people will want, a cryptobank maybe, but it isn't something going to happen anytime soon.

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