Do you use cryptocurrencies in your daily life? Are they useful?

[Pattart]

Where I live, crypto is not really popular and widely accepted. I do not have the habit of using crypto every day. I only use crypto on trading platform, and store them as personal property.

I think almost all users experience the same thing, in my environment bitcoin is not too well known. no shop accepts bitcoin for payment. so for currencies tehn bitcoin it's useless, I only use bitcoin for trade and other businesses, which means bitcoin is useful for financial gain only for me..

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[maculeth]

indirectly. all I do is convert crypto to fiat, then use it for my daily life. and I think to use it directly, it will be difficult. because there is no market that provides goods for everyday purposes that receive payments using crypto.

[becak mesin]

No, I don't.
I do not use Crypto currency in my daily life because it can not be used for any transaction in my country. However, I see the advantages and it is very useful for my own life even though there are no transaction uses it. I just Crypto for earning my life and to fill my life needs. Hopefully there will be a policy legalizing this in my country.

[Dawson_V]

It is actually a good thing to use crypto every day. It would be so helpful to the currency we are investing in. The market reacts well when a product has high demands. Using cryptocurrencies in your daily life should be your goal if you invest in Bitcoin for example. The problem is that not many services accept cryptocurrencies. I heard about Samsung accepting and many other big companies. It is an opportunity we can seize. If more services demanding cryptocurrencies is created, more people will use cryptocurrencies in their daily life. Actually, it is very difficult because of the lack of those services.

[Douglas_Rhoades]

As much as I love cryptocurrency and its technology, I don't really make much use of it daily. And this is not because I have chosen not to. If there were more avenues for me to spend and use Bitcoins daily, I'd certainly embrace them. So, the issue mainly is about the acceptance. In my part of the world, many stores or companies are still yet to accept Bitcoins and the rest. I don't know if it is the same scenario in other countries. But I'm looking forward to that time when Bitcoins are more widespread. They are useful right now certainly. But I am certain that their utility will still increase even more over time.

[kristineirene]

So far not yet'here in my country  there is no merchant  is accepting a cryptocurrencies  maybe it will take time for them to accept this kind of payment but hoping that someday theu can appreciate how it works and very convenient but we know for the fact that we can't  really change  the money but we can balance  how it works togther with crypto

[redsun114]

This and other questions are part of a questionnaire that we, a research team from the University Institute of Lisbon (ISCTE-IUL) are doing. It seeks to understand the drivers' usage of cryptocurrencies by the end user such as you and me. Considering 10 different dimensions, from perceived usefulness to privacy to profitability, among others.
It takes on average 3 minutes to answer.

Here is the link for the questionnaire: https://www.surveymonkey.com/r/cryptocurrencies_usage

More details if you want to know more about it:
For this, it was created a questionnaire with Likert type scale questions. These dimensions will then be used to construct a model, based on the traditional Technology Acceptance Model (TAM) developed in 1989, and some others developed afterwards, but with more adapted to the cryptocurrencies ecosystem. Then it will be done some data analysis and compilation of results.
This questionnaire has some focus on the financial area, but this does not mean it is the most important. We know there are some other dimensions not being addresses in this questionnaire, such as decentralisation/government influence, that may be addressed in the future.
After analysing and publishing the thesis and papers I will post on this forum with infographics and the most important conclusions of the study.

There are no open questions, but you can post here or message me about this.

Thank you for your time! Best Regards,
The University Institute of Lisbon research team

If you say ‘make use of bitcoin in your daily life’ that means that you’re using it for almost everything, even for buying food everyday lol. So I don’t use bitcoin in my daily life, for me, bitcoin is just meant for investment and trading, I don’t really use it for any other thing.

Whenever I invest in it I hold it and wait for the price to rise and once it goes up I quickly sell it out and withdraw my profit. Fiat is what I use daily and nothing else.

[xvacator]

I am not using cryptocurrency in my daily life because, in my country, cryptocurrency is not accepted but if I want to withdraw my bitcoin, it is allowed and I am using third party service to help me to get the money. I think cryptocurrency is useful on the internet only for now because I see that there are a few countries that accepting cryptocurrency so their people can use cryptocurrency in their daily life.

[TIDOVEE]

I use it in my daily life but not in  direct form
I make conversion of my token into my country currency, then I save in my account and withdraw for daily use.
I have also set up some businesses that gives me daily returns.
So also it keeps me busy

[hachiman13]

I don't use them everyday but they certainly are very useful. Whenever I need to send money to other people over long distances (even overseas), I can just send them bitcoin instead. Luckily, I also have the option to pay my monthly bills using crypto here so no more queuing up in lines.

[miyaka26]

I did not answer any of the questions in your questionnaire. I feel not comfortable answering it because of the fear that it may be another modus if I do.i will be waiting for some feedback on some users who answer your survey.

It is just a survey I filled it up myself and it looks great to me, they are not asking for personal information or any critical data like passwords, private keys etc like a typical scammer does, it took me more than 3 minutes to finish the surveys not that time consuming for us and it will be useful for their research purposes, crypto technology and it's system are still progressing so we might see some major adoption most especially it will be useful for daily live activities.

[sempak bulong]

I use crypto as an investment asset because crypto is not legalized in my country but crypto is very useful and helps the economy of families.

[RockBar0]

I don't use them everyday but they certainly are very useful. Whenever I need to send money to other people over long distances (even overseas), I can just send them bitcoin instead. Luckily, I also have the option to pay my monthly bills using crypto here so no more queuing up in lines.

I think depending on the person and place to use. Especially it is fast and compact. Utilities for the user.

[oapieNL]

I buy something with cryptocurrency almost every week.
sometimes bought computer parts and phones at a telephone store. Usually I order it on the darkweb stuff. never had any problems with it. The orders are also delivered quickly at home.

Goes faster as a normal bank transfer and also pay not even a cent tax on my crypto, which happens with fiat money.

I hope it will soon become more accepted at local electronics stores.

[iMark]

indirectly. all I do is convert crypto to fiat, then use it for my daily life. and I think to use it directly, it will be difficult. because there is no market that provides goods for everyday purposes that receive payments using crypto.

Yeah just like I did because I know that bitcoin can't be used for payments in offline or physical stores. so you won't be able
to use it to pay for your daily needs, so it requires me to convert it to fiat to pay for the needs

[roxbit]

indirectly. all I do is convert crypto to fiat, then use it for my daily life. and I think to use it directly, it will be difficult. because there is no market that provides goods for everyday purposes that receive payments using crypto.

Yeah true, I also not using cryptocurrency in a daily basis because crypto is not yet 100% accepted in the society. The adaptation is far of happening specially in some areas in the world. As of now I only use crypto every two months and I have to convert it into local fiat money to be useful because in my country there is no business that accept bitcoin as payment.

[$anounimus$]

in my country there are still not many people who can use cryptocurrency so I still haven't used too much cryptocurrency for everyday life but there are exchange places in the country that can exchange your bitcoin or cryptocurreny that you have in local currency.

[Bumblecoin]

I have not used it at all, because in our country there are still appeals about the dangers of using crypto so that almost all fields have not supported crypto transactions and services

Not just only in your country but as of now in many countries, we can't buy things with cryptos directly. In the country also no shop accepts crypto as a payment option.

Nice. I personally love it. Every time i see that some service is available via crypto payments i do it that way. First i dont disclose my information, and it is quick and safe.
Crypto over card payment every day!

Nice. I personally love it. Every time i see that some service is available via crypto payments i do it that way. First i dont disclose my information, and it is quick and safe.
Crypto over card payment every day!

You need to remember one thing that crypto is not a reversible payment so the seller may try to scam you after they receive payment. So you have to choose only reputed services to send payment via cryptos or go with an escrow. Many people lost their coins after sending payments to unknown person online so you should be careful while dealing online particularly with non-reversible payments.

Yes, you are right. We must be so careful in choosing payment services. There are lots of scams especially online, that is what make lots of people scared of using crypto currency.

[cr7]

Passed your test, it would be interesting to see the end result of people's opinions.
PKT is the only cryptocurrency I use for its intended purpose!
I would like TenX (PAY) to implement a debit card, to use crypto currency around the world without problems!

[Cotton Candy]

This and other questions are part of a questionnaire that we, a research team from the University Institute of Lisbon (ISCTE-IUL) are doing. It seeks to understand the drivers' usage of cryptocurrencies by the end user such as you and me. Considering 10 different dimensions, from perceived usefulness to privacy to profitability, among others.
It takes on average 3 minutes to answer.

Here is the link for the questionnaire: https://www.surveymonkey.com/r/cryptocurrencies_usage

More details if you want to know more about it:
For this, it was created a questionnaire with Likert type scale questions. These dimensions will then be used to construct a model, based on the traditional Technology Acceptance Model (TAM) developed in 1989, and some others developed afterwards, but with more adapted to the cryptocurrencies ecosystem. Then it will be done some data analysis and compilation of results.
This questionnaire has some focus on the financial area, but this does not mean it is the most important. We know there are some other dimensions not being addresses in this questionnaire, such as decentralisation/government influence, that may be addressed in the future.
After analysing and publishing the thesis and papers I will post on this forum with infographics and the most important conclusions of the study.

There are no open questions, but you can post here or message me about this.

Thank you for your time! Best Regards,
The University Institute of Lisbon research team

I admit that they are not that useful yet like fiat or like cash or credit card because there are only few people and stores that are accepting them as a payment especially in some places like here in our country. There are accepting but again the dauly basis is not a part of them but I know that they will grow in the next years so I am just gonna wait until that happens.