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

[randyg29]

In my first earnings I spend it for goods and some bills to pay in our house and I think it was really helpful to me because it helps me a lot in terms of big payments that my salary won't lose more. That's why I am very active to my work that I won't miss any task that I participated in the bounty campaigns I joined.

[malading]

At present, the cryptocurrency market still belongs to the future of investment. Only the future has investment value. The investment products are basically absent. The world economy has entered a period of stagflation, and a new technological revolution is needed to create a new way of survival. So don't worry that cryptocurrencies are now worthless in life.

[oicieffive]

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 .

Gentleman like you, there are hundreds and thousands of people who are earning from bitcoin and fulfilling their needs. I am one of them. I am earning from bitcoin and became independent.

[mensahkkofie]

In my part of the world, cryptocurrency is not much popular as I would have wished to happen. Despite this setback, I have some friends who understand the world of crypto so I can easily exchange goods and services with them without any problems. I believe cryptocurrency has been useful to me.

[Peashooter]

I use cryptocurrency only like speculation thing. I am trader. And i also think, that 90% of people, who use cryptocurrency, they use it for speculation and nothing else. If we talk about daily life, i use normal fiat there.

The use of cryptocurrency for me is to able to make and earn money. Just like you said you are trader and most the traders use their cryptocurrency to make huge profit. Anyone in this forum always use normal fiat but I usually convert my cryptocurrency into fiat.

[Altf4]

I think cryptocurrency are very useful , but as of now cryptocurrency has a limited use because not all establishment are accepting cryptos as payments , if the time will come that establishments will be accepting cryptos then that could be the time cryptos will be use in our daily living.

[dongyi17]

YES, specially if the store accept cryptocurrency like bitcoin or Ethereum, most of the time I use my cryptocurrency to pay my bill and loading my prepaid phone. Hopefully many transaction accept cryptocurrency, its easy and i think its safe.

[mariah.sadio]

I can proudly say that I am using cryptocurrency in daily basis. I have funds from a crypto wallet anf I really need to top up my phone for load. As I am already a busy worker, I were able to top up a load by using cryptocurrency and it also give me a cashback. Not just topping up a load but I also use it as terms of paying my electrical bill and water utility bills. Crypto is definitely very helpful for me.

[Seeker#9]

I use the cryptocurrency mostly on investment or trading and I spend the rest on buying some important things that I needed for my online works. There are only several available offline shops that accept bitcoin and most of them are online. Cryptocurrencies, even if they are risky, are useful to me, and I usually use bitcoin and ethereum for trading and hodling for long term investment. Crypto adoption in my country is still slow and thereare few stores that accept cryptocurrencies as a mode of payment.

[walemil]

I have used cryptocurrencies to pay for services from individuals on several occasions but yet I have not been able to use it in my daily life, especially for online shopping. We don't have the luxury of merchants where I stay.

[Netnox]

How can we use cryptos in daily life? Where I live, only a couple of restaurants and a few other shops accept Bitcoin. So for payment purposes I am still quite dependent on the fiat currency system.

[Lady Coquet]

How can we use cryptos in daily life? Where I live, only a couple of restaurants and a few other shops accept Bitcoin. So for payment purposes I am still quite dependent on the fiat currency system.

It's true that it will be impossible to use cryptocurrency in our daily lives because there are only few stores and restaurants who accepts bitcoin or cryptocurrency as a payment transaction. But for me, i ony use cryptocurrency to buy things in online shopping because they are accepting cryptocurrency as a payment transaction and it makes my life more easier that i don't need to withdraw my momey, travel, and fall in line just to buy the things i want.

[Stac]

 A new form of economy that is deeply incorporated with modern technology is the cryptocurrency and it was started in the year 2009 for the benefit of the global community to meet their daily requirements . Bitcoin is the first crytocurrency that has a strong network system that can be operated world wide. It is a decentralized digital currency with anonymity and all transactions are recorded in an electronic ledger with block chain technology .  By the creation of Bitcoin Block chain was also introduced and block chain is the backbone of internet . The introduction of Block chain technology has different dimensions ,to ensure the clarity and security systems of the financial institutions .In the new digital world cryptocurrency has its specific role to meet the global communities .It can be used as an investment , transaction ,and for trading ,and can be used for local and international shopping and for service bill payment that is found deem suitable for human life .

[Farma]

How can we use cryptos in daily life? Where I live, only a couple of restaurants and a few other shops accept Bitcoin. So for payment purposes I am still quite dependent on the fiat currency system.

well, in my place, none of the places accept bitcoin, because they don't know the function of bitcoin yet. well, so I only use bitcoin on the internet, and so far, I only hold bitcoin that I have, and do not make transactions in this bear market.

[twa]

maybe for the time being it still can't be done because now the government is still banning transactions directly with crypto currencies and the government has not formalized the crypto currency as the applicable currency and of course the use cannot be as you say

[Arthurjone]

Unfortunately, crypto currency have nor legalized in my country. i don't have any chance to use it. really wanna use.

[Bitfling]

I will love to use crypto for daily life. But the obstacle is on government regulation. In my country, cryptocurrency is not a currency and government think its a commodities thats why merchant afraid to accept crypto for payment

[oapieNL]

For people who dont know about paymon coin. I can say  look @ that project. Year ago they did there ICO . Every week news and updates.  The online webshop where companys can sell there products looks nice. https://profit.paymon.org/#/

I can say keep an eye on this project.   

[Rooster101]

I think cryptocurrency are very useful , but as of now cryptocurrency has a limited use because not all establishment are accepting cryptos as payments , if the time will come that establishments will be accepting cryptos then that could be the time cryptos will be use in our daily living.

I've been using cryptocurrency also, especially in investment and trading. Some online and offline shops in my country are already accepting cryptocurrencies as one of their mode of payments. Although the coins are still limited in use, I believe they are already useful even their value drops because of fluctuation and volatility. Cryptocurrency provide more benefits than the fiat because it is not controlled by banks or any govern ment entity.

[JRoa]

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

Cryptocurrencies are useful for me in terms of paying bills and buying goods and services in my community.  Because of its characteristics of lightning transaction, it is really easy to transact with merchants and businesses.