msarro
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January 02, 2020, 05:29:25 PM |
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I am yet to use crypto in my daily life. I only store it as an asset of value. In my country there is no merchant that accept crypto, that’s one of primary reason why I haven’t used crypto in my daily life. For me they are useless if you want to use them for daily living.
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longyenthanh
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January 03, 2020, 05:02:04 PM |
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There are not many who have used bitcoin for real world transaction. The real obstacle in real world usage of bitcoin is its price volatility and slowness of bitcoin network. Real world demand high speed payment system like vise, MasterCard unfortunately bitcoin is not in compliance with these.
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Kevondo
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January 03, 2020, 05:59:51 PM |
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no, I don't use bitcoin to buy my daily needs. but with bitcoin I can make ends meet every day, namely by exchanging it into fiat currency. I think for now Fiat money is more flexible for payment tools than bitcoin. especially in my country the government has not legalized bitcoin
Almost governments around the world do not want to legalize bitcoin, although some information says that some countries accept bitcoin but shortly afterwards, the government of that country immediately denied this information, perhaps Bitcoin or traditional crypto will never be accepted, today the hope of the government is the launch of libra coin under their management. In short, the problem of using crypto in life is not so important when we can easily convert crypto into fiat as you said, and clearly crypto is more flexible in the investment area, instead of paying It is good to convert fiat into bitcoins and vice versa as per the need of the hour. Using bitcoins or any other form of crypto in the local market where the country has yet not legalize it is not possible at all. So the paper money severs the purpose in such a case. No matter one use the crop currency in his or her daily life or not but one should maintain an access to the digital market so that he could advance with the recent developments in the financial systems of the world.
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senne
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January 03, 2020, 06:04:41 PM |
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I have used cryptos here and there for recharges and paying to a designer or coder. But nothing like an everyday use. I believe until there is Fiat which is inflationary. People won't prefer spending cryptos which can grow and can give hefty returns. If someone has to choose between saving crypto or Fiat, anyone would go for crypto. Also, another problem is that there isn't much places where you can use Bitcoin or crypto. This is really a critical point. You can't spend cryptocurrencies or use it everyday if there is no vendor who accepts it.
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Aikidoka
Sr. Member
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January 03, 2020, 06:21:06 PM |
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Actually I do. I beleive that cryptocurrencies are made to be used in real life for real things and not just like an investment asset. Usage in real life is their true value and competition to fiat currencies. That is why I'm trying to find the balance between holding and spending Bitcoin. For me just to keep Bitcoin in some wallet isn't the best option.
Indeed, cryptocurrencies are made to be used in daily life though! It's not only for investment. I mean you can just buy some cool stuffs when you made some profit from it, I mean when the price increase and just holds when the price decreased. People should use some of their earning of crypto and just hold the other part of it.
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FLoving
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January 03, 2020, 06:22:25 PM |
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I have used cryptos here and there for recharges and paying to a designer or coder. But nothing like an everyday use. I believe until there is Fiat which is inflationary. People won't prefer spending cryptos which can grow and can give hefty returns. If someone has to choose between saving crypto or Fiat, anyone would go for crypto. Also, another problem is that there isn't much places where you can use Bitcoin or crypto. This is really a critical point. You can't spend cryptocurrencies or use it everyday if there is no vendor who accepts it.
Actually there are a number of places where you can use cryptocurrencies for your daily use goods and services but they have not advertised their products and in the start they advertised and then left further advertisement that is why many people here do not know the places where they can use crypto for their daily life. They need promotion or we have to search about that in google search. Another point is that it is right that crypto is a growing currency and people want to save them for future to get the profit but many of us need some money for spending on our family and for that we withdraw some money if we do not withdraw that money and directly spend the cryptocurrencies to buy these goods and services then the price on exchanges will not go down because of our sale but will rise continuously.
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Boov
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January 04, 2020, 04:27:32 PM |
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I have used cryptos here and there for recharges and paying to a designer or coder. But nothing like an everyday use. I believe until there is Fiat which is inflationary. People won't prefer spending cryptos which can grow and can give hefty returns. If someone has to choose between saving crypto or Fiat, anyone would go for crypto. Also, another problem is that there isn't much places where you can use Bitcoin or crypto. This is really a critical point. You can't spend cryptocurrencies or use it everyday if there is no vendor who accepts it.
Actually there are a number of places where you can use cryptocurrencies for your daily use goods and services but they have not advertised their products and in the start they advertised and then left further advertisement that is why many people here do not know the places where they can use crypto for their daily life. They need promotion or we have to search about that in google search. Another point is that it is right that crypto is a growing currency and people want to save them for future to get the profit but many of us need some money for spending on our family and for that we withdraw some money if we do not withdraw that money and directly spend the cryptocurrencies to buy these goods and services then the price on exchanges will not go down because of our sale but will rise continuously. You can use your own cryptocurrencies in your daily lives if it is legal on your own country and if the store approves the cryptocurrency as a mode of payment. We all know that the cryptocurrencies are not yet legal in some other countries. Here in my country its not yet legal and also there is no store here in which you can use virtual coins as a means of payment because we are still using here the ATMs, credit cards or a real money because only here in my country knows about virtual currencies.
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bitbunnny
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WOLF.BET - Provably Fair Crypto Casino
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January 04, 2020, 04:40:22 PM |
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I strongly believe that the true value of cryptocurrencies is exactly their use in real life. They are not created only with the purpose to be stored in some wallet as an asset of value but to have real purpose in real life. That is why I use cryptocurrencies for my daily needs, I spend them for daily purposes. Of course they are useful for savings too and as a long term investment that is why it's important to find the balance between spending and saving so that we can have the best of cryptocurrencies.
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darkangel11
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Don't let others control your BTC -> self custody
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January 04, 2020, 04:49:16 PM |
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I believe that those of you who say they're using their cryptocurrencies daily misinterpret the "use". Trading cryptocurrencies or holding it is not a daily use, same as receiving funds from a bitcointalk campaign is not a daily use. What I'd understand as daily use of crypto is paying bills, buying groceries, paying your employees, tipping people, things like that. None of us are able to do it yet.
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kodtycoon
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January 04, 2020, 04:53:36 PM |
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useful or not, at least the use of cryptocurrency for daily life would certainly be very useful if it could be done easily and many stores or whatever the sales market accepts cryptocurrency as a means of payment, because we know that adoption is intended to foster interest in cryptocurrency itself so that it can be used in many sectors which is basically cryptocurrency is an asset, so with real use for daily life then of course cryptocurrency will be more useful
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johnwest
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January 04, 2020, 05:04:23 PM |
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Do you guys know about shoppy.gg ?
You can buy lots of digital stuff there, I recently bought premium accounts for some websites. It was easier than ever to pay with crypto and no cross border taxes. I have used crypto for allot of stuffs in the past and it was the best option.
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tartibaya
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January 05, 2020, 06:31:30 PM |
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I use it. However very rare. Because there are not too many institutions that accept bitcoin. Or what I want to buy is not sold with bitcoin. I think the number of businesses that accept Bitcoin will increase. A new economy is coming.
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Chrystora123
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Omicron is another FUD
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January 06, 2020, 01:58:07 PM |
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Until now I have not been free to use cryptocurrency for my daily life because my country has not issued a permit that cryptocurrency is one of the legal payments. even so, I am very optimistic that the cryptocurrency will be adopted en masse in the next few years.
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Debonaire217
Sr. Member
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In Code We Trust
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January 06, 2020, 03:31:10 PM |
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Until now I have not been free to use cryptocurrency for my daily life because my country has not issued a permit that cryptocurrency is one of the legal payments. even so, I am very optimistic that the cryptocurrency will be adopted en masse in the next few years.
What about some micropayments and to have some transactions over the internet? Because I do really think we could bypass the withdrawal which is one of the barriers we are facing if the government is prohibiting us to do so, there are paypal and other platforms for us to still have money even without utilizing local exchange.
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ubercool
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January 06, 2020, 04:06:20 PM |
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I am one of the supporter of spending crypto rather than holding it for a long time now. I spend crypto for many things online, I'm fact there are many sites where you can buy physical things with crypto. It's an easy way imo.
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ADLANE33
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January 06, 2020, 04:07:12 PM |
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Until now I have not been free to use cryptocurrency for my daily life because my country has not issued a permit that cryptocurrency is one of the legal payments. even so, I am very optimistic that the cryptocurrency will be adopted en masse in the next few years.
What about some micropayments and to have some transactions over the internet? Because I do really think we could bypass the withdrawal which is one of the barriers we are facing if the government is prohibiting us to do so, there are paypal and other platforms for us to still have money even without utilizing local exchange. Imo it is going to be one of the hardest things to do - to actually stop thinking that crypto is an option and USD is a basis of money. I hope global adoption will meet progress in 20s so we can get rid USD or any fiat
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Silberman
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January 06, 2020, 05:15:26 PM |
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I am one of the supporter of spending crypto rather than holding it for a long time now. I spend crypto for many things online, I'm fact there are many sites where you can buy physical things with crypto. It's an easy way imo.
People are going to use their bitcoin in whatever way they find it is on their best interests, I know that many people in the forum want that we begin to spend our bitcoin, but why we should do something like that, to begin with almost no business accepts bitcoin in my country and the ones that do do not offer anything I want, I am not going to spend my bitcoin just for the sake of spending it especially when it is a currency that every once in a while gives you amazing profits.
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jameshugo17
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January 06, 2020, 11:31:12 PM |
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I want to use cryptocurrency in real life. I did some trade with bitcoin or etherum. That was a good thing for me. Because now this market needs to reach a wider audience. He's got to get out of the Exchange. People should realize that bitcoin is advantageous.
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huige007
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January 07, 2020, 04:15:49 AM |
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Until now I have not been free to use cryptocurrency for my daily life because my country has not issued a permit that cryptocurrency is one of the legal payments. even so, I am very optimistic that the cryptocurrency will be adopted en masse in the next few years.
What about some micropayments and to have some transactions over the internet? Because I do really think we could bypass the withdrawal which is one of the barriers we are facing if the government is prohibiting us to do so, there are paypal and other platforms for us to still have money even without utilizing local exchange. You should keep this optimism within yourself. Even in my country it has yet not achieved a legal status but I do prefer using it in my across the border transactions. This is because it is a way too quick than the local methods of payment and does not fall vulnerable to any sort of security check .Bitcoins due to their excessive usage would achieve legality in little time.
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Kimonoe
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January 07, 2020, 08:07:14 AM |
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Until now I have not been free to use cryptocurrency for my daily life because my country has not issued a permit that cryptocurrency is one of the legal payments. even so, I am very optimistic that the cryptocurrency will be adopted en masse in the next few years.
What about some micropayments and to have some transactions over the internet? Because I do really think we could bypass the withdrawal which is one of the barriers we are facing if the government is prohibiting us to do so, there are paypal and other platforms for us to still have money even without utilizing local exchange. You should keep this optimism within yourself. Even in my country it has yet not achieved a legal status but I do prefer using it in my across the border transactions. This is because it is a way too quick than the local methods of payment and does not fall vulnerable to any sort of security check .Bitcoins due to their excessive usage would achieve legality in little time. I think the legalization of bitcoin is still long for all countries, and for my daily life it is still difficult to use it to buy necessities. I think fiat is more useful now for payment tools, but we can produce fiat by investing in bitcoin, so I think we have to be good at using fiat and crypto
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