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

[tbterryboy]

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 would have loved to fill out your questionnaire on Survey Monkey but it wouldn’t make any sense cause I wouldn’t get any reward from it and may times I have tried to answer surveys on that site after answering to a certain limit it would say not meant for your location or not for you or whatever they say, and it’s really annoying, why waste my time when you would later tell me it’s not meant for my location? So I’m never clicking on that link, makes no sense.

[bitcoinrays]

In the country where I live, cryptocurrency has no other role than investment in daily life!
In Japan, BTC can make daily shopping expenses!
In the future, cryptocurrencies can be used freely in daily life like legal tenders!

Oh that’s really nice, but why are you mentioning the future lol, we are not there yet. But nice to see that people can buy what they need in Japan with cryptocurrency. In my country it is not like, nobody talks about Bitcoin as a currency for buying and selling, they only they talk about is trading cryptocurrency, exchanging it and making money from it lol. No one talks of actual usage like using it for buying things online and all that.

[quality.crypto]

Still, crypto currency mass adoption is not happened and many companies are not accepting the cryptocurrencies as payment method. Through progress about the block chain development many companies will start implementing their own coin for further use of purchases.

[Ryanbruc]

I do not use crypto currencies for my daily life because the crypto currency is not so widely used in my country and the government prohibits the use of crypto currency as payment so I have to exchange it for cash if I want to use it

Same is the case in my country. It is not allowed to be use in my country and is actually considered a crime. This is pathetic situation that has been there for years now even Bitcoin has gone so high. If it were allowed, i would have used it almost every where you can to make the transactions easy and convenient plus to save money. After all this is what Bitcoin and other coins were made for and as the technology gets accepted by my country's government, it will be widely demanded and be used immensely.

Very honestly still in my country there is no such store which are accepting bitcoin, therefore we have very limited facilities to use bitcoin in our daily life, first we have to convert it into our fiat currency and after that we can use it for different purposes.

[wozzek23]

I also have bitcoin and I also use it to buy something with companies that allow the use of bitcoin to trade. In the future, I also hope many business units will use more bitcoin

Of course it is like money in any place where it is generally accepted as a medium of exchange of making instant transactions. So you could use it for any purpose that you normally use money to deal with. In the US and European countries, it is widely accepted even in small outlets and malls. This is a substitute to money. One best use of Bitcoin is that it is used to store value over time and growth in the value is a prominent feature of Bitcoin.

[Banebdjedet]

I only use cryptocurrency in-game exchange or website design, I think it is not part of my life. Because I myself was dependent on so much money. Cryptocurrency is also very convenient to trade if accepted by many countries around the world.

[rafi035]

maybe for countries that have formalized the crypto currency as the currency that applies as a legitimate currency of course it is very useful because it is more practical efficient and fast but in my country crypto currencies are still prohibited for transactions directly

[bitbunnny]

maybe for countries that have formalized the crypto currency as the currency that applies as a legitimate currency of course it is very useful because it is more practical efficient and fast but in my country crypto currencies are still prohibited for transactions directly

I use only Bitcoin, for few years now. It's mainly for paying for goods in the stores which has become much more easier for me since the Bitcoin debit cards appeared.
To do that Bitcoin doesn't have to be formaly recgonized or regulated and you can use it everywhere in the world which is a huge advantage.
Using Bitcoin through debit card is not direct Bitcoin transaction so that shouldn't be a problem even in countries where Bitcoin transactions are under the special attention of governments or financial institutions.

[West0813]

I did not experience using cryptocurrency in my daily life. Because here in my country there are only few store and establishment that are accepting cryptos for payment.

[Pab]

Unfortunately in my country  cryptocurrencies have zero use
The only one way i can use crypto is trading
And i don't see it will change anytime soon

[hubballi]

In my country cryptocurrency usage is ban by government but still we can use it in trading and if we want to withdraw then only way is to convert it to fiat currency through people to  people trade only as this way no crypto trade is highlighted.

[gamalzour]

maybe for countries that have formalized the crypto currency as the currency that applies as a legitimate currency of course it is very useful because it is more practical efficient and fast but in my country crypto currencies are still prohibited for transactions directly

Even in countries where it has been legalized, you will hardly see any business that is accepting Bitcoin or any cryptocurrencies. I guess that’s because it is unstable and wouldn’t be good for them to use in pricing their product. There are businesses that accept it for payment but they are not much. I have used it once on overstock.com to buy something. But after that once, never got to use it again.

[JuneTaro]

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

Not yet but i think if the government allow cryptocurrency in our country, it will be very convenient and useful because I like its technology and characters.

[chrisculanag]

The cryptocurrencies is the part of my life because i do some trade and some investment online , my position is only computer attendant so my salary is not enough to my daily need and because online is my work i find a useful earning like crypto and im so thank this. I use crypto to send remittances in my family and i pay some bills using bitcoin . Thats why im still continue to find another coins that can help me to earn more .

[Sadlife]

Not really i just usually hold them or convert it to fiat from time to time when i have no more money for playing computer games, food and lifes daily necessities. I usually invest my crypto to make profit after all, i only have a few crypto and it's my source of income. By the way nice choice of topic for the research its good to know that some students knows about crypto currencies.

[AbyssLagiaz]

In a daily basis yes, but only for reloading my phone to able to call. I pay my internet bills with crypto in the monthly. It is very useful as for now- I don't know when it will last but I am maximizing it's utilities for now. Another is I send money to my relatives using crypto and it is the best thing that I liked about, less fees and instant transactions.

Sucks that we're kinda limited to utilize cryptocurrency that much yet, since it is yet known to give returns that's why investment becomes the utility of it first before it's various purpose the same idea as the physical money we already have. I am not fully sure if we're gonna truly reach to the point that it will be mainly a secondary way of payment while not replacing the other methods like usage of Visa, Paypal and such. I know its aim won't hurt the physical money unless government goes fully against it.

[gurang]

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 really i'm using it as my part time job but definitely i use it because i know someday it is my guide to reach my goals and to overcome the all trials

[johnalyn]

I just keep Cryptocurrency in my wallet to prefer in some big payments when I needed it to pay on some bills or some emergency and I think it is really useful while I'm working in a regular job to support my daily life. And I think Cryptocurrency is the great way to make extra money to prevent from over thinking where to get some emergency payments.

[ganlianshifu1]

Only a few e-commerce sites can now pay in cryptocurrencies!
The main purpose of cryptocurrency is now to invest, and there is almost no use of cryptocurrencies in everyday life!

[wxa7115]

I use cryptocurrencies once in a while for paying some services over the Internet that I need but I do not use them every day because in my country the adoption of bitcoin is progressing very slowly, in fact I have yet to meet a single person that uses bitcoin or any other cryptocurrency and I have tried to make people understand in the past about how important are going to be cryptocurrencies in the future but they do not listen.

So this forum is very important to me because I get to see and hear people that are very similar to me and that have the same expectations out of bitcoin, so I really hope that bitcoin makes a huge progress in my country during the next decade so I can finally find a person to talk about bitcoin and a business where I can buy something with it.