Can you use Bitcoin as a practical currency?

[tailor.and]

If bitcoin is legal in your country then you will find many banks, stores are accepting bitcoin as a form of  transacting but, if it is illegal then you can not use it anywhere. Just search google to get more knowledge and master cards and visa do not give any service related to bitcoin.

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[LastHope99]

If bitcoin is legal in your country then you will find many banks, stores are accepting bitcoin as a form of  transacting but, if it is illegal then you can not use it anywhere. Just search google to get more knowledge and master cards and visa do not give any service related to bitcoin.

not in all countries. Poorly developed countries do not adopt btc.

[LastHope99]

You can always use bitcoin, anyhow you want it just like the usual fiat currency. This is possible if the people you are dealing with understand how blockchain technology works. So you need to educate the people around you about how amazing bitcoin is, so you can easily transact businesses with them.

Yeah, but what about huge price spikes. Do you think this is sustainable? Do you want to buy something that will be twice higher or cheaper tomorrow? Btc can be used tied to fiat values only.

[Walter edmond]

Currently bitcoins usage is not that widespread so you can not use it everywhere but there some shopping mall and online stores out there who accepts bitcoin just do a search you will find it. You have to use bitcoin wallet and ATM to transact by bitcoin.

[nazaididuan1]

Bitcoin is an asset with large price fluctuations. Excessive price volatility may result in substantial profits and losses during the payment and liquidation process, which is unwilling to be accepted by most ordinary merchants.
But in some countries BTC is a legal currency and can be easily traded!

[John.Verdon761232]

Now replace the usual money with bitcoin is not possible. There are not many places where you can pay for goods or services with their help.

[Youggairch]

Utilizing bitcoin as a useful money will be somewhat hard and even here is additionally a likelihood to come up short. I concur that bitcoin is famous and individuals need to win bitcoin yet the bitcoin cash has an impediment among the crypto clients and typical individuals don't think about bitcoin.

[kamilah147]

Bitcoin is an asset with large price fluctuations. Excessive price volatility may result in substantial profits and losses during the payment and liquidation process, which is unwilling to be accepted by most ordinary merchants.
But in some countries BTC is a legal currency and can be easily traded!

indeed in some countries it has been agreed that bitcoin has circulated, but there are also countries that have not agreed. moreover each country has a different government, and the government also has different opinions. so each country has a different view.

[BillieCrypt]

If you want to use bitcoin as a means of payment as easy as possible, then you should use payment cards like FuzeX. They allow you to use bitcoin without any difficulty, as cash from a VISA card.

[dominional]

Not at all in my country because is not accepted as means of exchange for the people just because my country is still under developed which will drastically affect bitcoin as a means of exchange

[GreotDollyce]

"As a matter of fact, it relies upon the network or individuals on the planet. Have they effectively acknowledged bitcoin as a cash or not, when the greater part of the clients officially acknowledged it. At that point, it will be simpler to utilize it as a cash.
"

[YoungPalom]

That isn't easy if the predictions about the future of Bitcoin are more positive. It is possible to use cryptocurrency as a real currency. That is the hypothesis given.

[spadaccino]

Yes you can but just look what it is happening in Venezuela ( and it will happen the same in Argentina soon ) : BTC is not the best currency to use daylife. Instead going with Bitcoin and use as digital currency ( aka contactless ) they use Dash which made a great efort to promote its coin there with conferences and all that stuff but they made it well known and pratical to use it.
Because it was one of its kind and it guarantee you the privacy you need it's a great coin and Bitcoin in other hands remain the most known crypto but seen only as a form of investment right now ( speculation if you're a whale or big trader ) and that's why you can use it as your normal credit card.

[nestorjacob]

We are gradually getting there where bitcoin will become the normal currency that will be used daily on normal transactions worldwide since the industry is still developing and making discoveries everyday.Time will tell what bitcoin can actually do in the future to come.

[sunita01]

Seeing bitcoin as a permanent currency and also using it. Because the coming era will be a digital age, in which cryptocurrency will play an important role and every small task will be from this.

[eashikde]

I think it's not surprising to use bitcoin as an everyday coin. Just at this point in time it does not work in all countries of the world and not all sales points accept this currency. I think that such time will come in the near future. because it takes time to implement this coin in all areas.

[marlonbatotoy]

Well you have the answer.. You cant use it because of the process of payments.. It's hustle to the cashier if there is a fiat and btc payment.. And as if all cashier know about bitcoin.. I think it will be posible if your country is open to learn about bitcoin and goverment and some stores make an app for bitcoin payment and also you country needs to be free wifi of all areas..

[jikurpa]

Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

• Some users lack the infrastructure required to use bitcoin
  Some users lack the knowledge required to use bitcoin
  It will not be a good solution for day to day purchase
  It takes time to process a transaction that is why it is not practical at all
  Not many stores accept bitcoin as a payment either online or offline
  Stability in pricing
  Strong network infrastructure required for its payment to process

Now I want to purchase my Pizza using Bitcoin
What do you think brothers?

surely one day everything you say will happen but with the condition of course the government or country accepts crypto currency can be officially used for buying and selling transactions

[project_delta]

In parts of Asia, Bitcoin is already being accepted as payment for lot of things Customers are able to pay their gas, water and electric bills digitally and directly using Bitcoin, without having to convert into local currency. In Japan, consumers can buy a lot of things including electronics with Bitcoin at the largest electronics stores in the country. Now in  the US, some local shops are starting to pop up where Bitcoin is accepted as valid payment. Rolls Royce and some other car companies have started to accept them .I hope that answers your question!

[BitcoinOddsChecker]

Depends on how "practical" is to you. Many here will find bitcoins practical for various purposes. On the other hand, if you're talking about practicality in a sense where you can use it just like cash, you might have to cross a few borders. There are still a handful of restrictions, so it might take Bitcoin some time, but I do believe that it's on its way there.