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Author Topic: when cryptocurrencies can be used to buy basic needs?  (Read 2841 times)
Chinsmokers
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May 04, 2019, 06:44:38 AM
 #241

There is a possibility that it could be accepted on a daily payment ... But to do this, Cryptocurrency takes a long time. And also, There is a company that already accepted cryptocurrency as a payment this is the Samsung company. This is a first step to make crypto more legalized in many country.
Beyerd17
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May 04, 2019, 06:47:28 AM
 #242

I dont think it would be any time soon, maybe in some 10 years time we could see it take place. It would need some catalyst for that to happen, as most people are still not enough educated about crypro as a whole.
Callanta787
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May 04, 2019, 06:48:44 AM
 #243

Its possible but will take time to circulate,as per info on this forum I heard some stores are already collecting Cryptos as means of payment so its a gradual process, step by step bit by bit

ricardobs
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May 04, 2019, 09:58:09 AM
 #244

I think that cryptocurrency can be safely seen in execution immediately after it is legalized.  Because a lot of things depend on it.
Cryptocurrency is almost used by people all around European countries and in the US and Canada. Bitcoin has been in wide use in the said countries and even in the countries where it is not legalized. Though illegal, it is still used to speculate for gains. Microsoft is willing and has actually announced officially that they accept Bitcoin. You could pay for a suit in a local shopping mall in the New York or Vancouver.
xOdiumNostrumx
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May 04, 2019, 10:02:34 AM
 #245

I am not aware of any mainstream retailers where you can purchase basic need items aka groceries with crypto and I doubt there are any. But we are moving forward, slowly, but at least we are not stagnant. PundiX just secured more deals for their devices, but this is still a drop in the ocean.
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