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Author Topic: Bitcoin adoption for better life in future .  (Read 1891 times)
fastrabbit (OP)
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September 26, 2018, 04:53:14 PM
Merited by jakelyson (5)
 #1

Well, every one want to be a millionaire, this is the dream of everyone, no harm in it. Henry Ford did not make a conveyor for the man he did to produce cheaper cars.Innovations come from attempts to bypass competition and win.
Although this is partly our own mistake. You can not always blame others. For example, I mentioned that we can not spend bitcoin to buy what you want. The question is, did we really see if it's impossible to buy this thing using bitcoins or are you making a guess? Because I've seen a lot of people who just assumed they can not afford to waste their time, but they could.but also we know bitcoin adoption as a currency is not yet great,, is also part of our error. For example, how many times have you asked the seller you are using bitcoin? We need to start with ourselves and insist on acceptance, and then expect others to follow

This is the dream of many pioneers and enthusiasts for ,long run, , but  it will be near-impossible to get the coin into the
mainstream economy short-term,but with time it adoption will increase.Even I, who started late in the game , wanted to see the Bitcoin as a currency of work, and not just some speculative assets.
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September 26, 2018, 05:18:16 PM
 #2

Yep very true. Bitcoin adoption will lead to a better life in future. But the hurdles underlying for this reality to become true are many and the virtual currency becoming the future seems to be quite far!! If bitcoin becomes the global currency it will bring on some revolutions and lead to development of a better global economy.

Anyhow we can just hope for better times in future and looking at the forthcoming efforts by various countries and giant multinationals like google, my hope remains intact!!
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September 26, 2018, 05:24:09 PM
 #3

Bitcoin is being adopted more commonly in online and offline outlets. More nations and governments are legalizing it also.
Bitcoin is not where it should be, but it has come a long way in just abouf a decade.
Financial assets are not readilly accepted into society, especially one which has no government or control system.

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September 26, 2018, 05:42:19 PM
 #4

As of 2008 the price of bitcoin was valued at 0.01 USD, that figure has once risen to 15,000 USD
  Bitcoins reputation is fast growing probably because there are fewer large scale thefts like the one of  2014 were bitcoin was stolen from Mt Gox,security has improved and many firms and nationalities are endorsing the bitcoin..
  Bitcoin since its inception has made huge strides and has grown tremendously,not without some crisis though,like the aforementioned But still most individuals and governments are still sceptical about the decentralized system,but hopefully in the coming years,bitcoin will be generally endorsed
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September 26, 2018, 05:56:40 PM
 #5

It seems to me that bitcoin is part of the new economy, which in 10 years will be commonplace. For example, I can now correspond with you, because before there was no Internet, there were no sites and everything else that we are now addicted to. It's called progress information. We are located in the heart of its development. Yes, I, like many in the beginning did not mine bitcoins on a simple computer, but I can only imagine what fame bitcoin and cryptocurrency will get in 10 years. It is this idea that gives me motivation to earn and collect bitcoins and other coins in my "piggy Bank".
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September 26, 2018, 06:33:41 PM
 #6

[...]

Bitcoin has made much progress since its creation, but its progress will be greater when more than 70% of governments around the world regulate bitcoin, this will be the biggest achievement, when banks, mastercard and visa and many governments stop look bitcoin as their enemy and start accepting bitcoin and implementing regulations that are good for bitcoin, then people will use bitcoin as a means of payment. A few months ago I had a virtual card and I used this virtual card, but due to lack of regulation, today I do not have a virtual card, so I am convinced that if more than 70% of all countries in the world regulate bitcoin, So this will be a great achievement.

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September 26, 2018, 06:43:21 PM
 #7

Since this 10 years Bitcoin shows it actual braveness and bull run in the marketplace. As for adoption side, there are many people and firms taken the technology of blockchain and cryptocurrencies for the usage.
I am not sure who is own the copyright for blockchain patent else it will be not allowed but people use it and now they regret to invest on the Bitcoin and ethereum.
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September 26, 2018, 07:12:36 PM
 #8

In Bitcoin, there is no need to trust third parties with your money. In other words, Bitcoin is ‘trustless’. All transactions are executed by and on the blockchain itself. There are no additional parties between the sender and the receiver of funds. - This technology gives to life in future for bitcoin
SecureCryptoPayments
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September 26, 2018, 07:27:35 PM
 #9

We know about the problems:
- Cryptocurrency holders cannot spend easily their funds on Internet platforms.
- Owners of the business do not have simple and e-commerce friendly instruments for processing highly-volatile currencies.
We have a solution:
You can use an easy-to-use tool for processing crypto payments that will allow merchants to easily expand their customer base and make it possible for buyers to make best buys in the biggest online stores.

Already now you can buy everything you want. And give time to the bitcoin to strengthen as a currency.

# support SecureCryptoPayments
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September 26, 2018, 07:44:16 PM
 #10

Its all a simple thing yet we don't do it. I agree, just by saying we are using bitcoin could help the adoption spread. Something we could have done easily.

Actually, when it comes to adoption issues, the government still play a big part in here since they are still affecting the whole market except when the mainstream truly accept the decentralized ways if cryptocurrencies.
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September 26, 2018, 08:36:19 PM
 #11

The shift to a speculative asset was inevitable with the spike in the price during 2017. The spike actually attracted the wrong

crowd to Bitcoin, because they are not interested in growing the technology into a better alternative for Fiat currencies. They

want to get in quickly and make a lot of profits and then they want to exit.  Angry  Let's just run with this and make the best of

both worlds.  Wink

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bellamente
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September 26, 2018, 08:46:27 PM
 #12

Yep very true. Bitcoin adoption will lead to a better life in future. But the hurdles underlying for this reality to become true are many and the virtual currency becoming the future seems to be quite far!! If bitcoin becomes the global currency it will bring on some revolutions and lead to development of a better global economy.

Anyhow we can just hope for better times in future and looking at the forthcoming efforts by various countries and giant multinationals like google, my hope remains intact!!

The main problem for bitcoin is

Bureaucracy
Fraud
Governments
Monopoly

If the community can solve these problems, bitcoin will become the main means of payment in the world

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September 26, 2018, 09:04:32 PM
 #13

bitcoin as a digital currency has got potentials and a future with lots of possibilities and adoptions for the token, though the successes are numerous but bitcin is not where it ought to be, but with positive publicities bitcoin will surpass its 2017 history.
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September 26, 2018, 09:05:23 PM
 #14

That is most peoples plans why many are adopting bitcoin and other cryptocurrencies because of that idea, For starters like you it will be very hard in initiating it taking profit, But I think with your determination and a small step at a time you need to proceed with caution too, Because it may involve risk in some part of investing a small amount with some Cryptocurrency, I really think to start with cheaper coins was a best move in making a scale, But if you had the resources you can just aim for bitcoin that is a bigger and a sure investment, And because bitcoin will sure continue to increase its value even further ahead in the future.
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September 26, 2018, 09:38:18 PM
 #15

Well, every one want to be a millionaire, this is the dream of everyone, no harm in it. Henry Ford did not make a conveyor for the man he did to produce cheaper cars.Innovations come from attempts to bypass competition and win.
Although this is partly our own mistake. You can not always blame others. For example, I mentioned that we can not spend bitcoin to buy what you want. The question is, did we really see if it's impossible to buy this thing using bitcoins or are you making a guess? Because I've seen a lot of people who just assumed they can not afford to waste their time, but they could.but also we know bitcoin adoption as a currency is not yet great,, is also part of our error. For example, how many times have you asked the seller you are using bitcoin? We need to start with ourselves and insist on acceptance, and then expect others to follow

This is the dream of many pioneers and enthusiasts for ,long run, , but  it will be near-impossible to get the coin into the
mainstream economy short-term,but with time it adoption will increase.Even I, who started late in the game , wanted to see the Bitcoin as a currency of work, and not just some speculative assets.

Actualy all of us need an adoptation of the currenct technology that we've known a crypto technological system in this current era,because if we examine now the current situation many people become successful of there life carrer because the help of cryptocurriencies bussiness and many investor or people become involve of its and become rich,thats why in determing a good and secure future we need to adopt,in order to achieve our future dreams,even though crypto is constant maintaining its stability form in the market,we need a courage and trust to the cryptocurrency capabilities.

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September 26, 2018, 09:56:10 PM
 #16

Most people are not yet at home with bitcoin, quiet a large number of the population of the world today are not even aware of the existence of bitcoin as a virtual currency.  But the better life we always dream for can only be achieve through the adaptation of bitcoin as a universal currency which can be use at every point in time, but since bitcoin is still at it early stage it still need some level of awareness and acceptability before the adoption can become a reality.
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September 26, 2018, 10:05:05 PM
 #17

Not all know about bitcoin though it has a huge number of users but still there are people that is unaware about it. Talking about bitcoin adoption will really help in making our lives better in future. It can make us save time, money because overall it is hasslefree.
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September 26, 2018, 10:27:27 PM
 #18

The awareness is gradually spreading, but we are still far from it, the news about the advantages of bitcoin and altcoins needs to be spread especially through media.
Have started seen in being mentioned in movies, this will make people ask questions and seek for knowledge on bitcoin.
Once people are comfortable about a product, they tend you use the product. 
People needs knowledge before they can start to make it a medium of exchange when it comes to goods and services.
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September 26, 2018, 10:51:17 PM
 #19

Everybody wants to have a better future. Bitcoin is spreading around the world but it needs to be market in order to adopt by many people. People must be aware about the advantages what it could bring to us for the future. Lets help one another to spread it in a positive way.
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September 26, 2018, 11:03:51 PM
 #20

seems many see adoption as something they just have to wait for.
something magical that bitcoin does by itself. or that the 'community' is a team of people employed to do the job

well i said it before so ill just quote it
bitcoin is not a person. it is code. it has no voice, no arms no legs.

do not wait for bitcoin to provide you with shops that offer food for btc.
if YOU want YOUR local store to sell food for btc, then YOU have to help convince YOUR store to accept btc

bitcoin cannot phone YOUR local store, arrange an appointment, get on a plane to YOUR town and talk to YOUR local stores manager. its something YOU are going to have to be involved in.

here are some tips.
1. organise a local meetup of like minded bitcoiners in your area. the more that turn up the better as it shows there is a demand for wanting local stores to sell things for btc.
2. find the confident ones that can talk about the benefits of bitcoin.
3. organise or research how that store can swap its BTC back to fiat or pay staff/suppliers in BTC. this might be as simple as one of the meetup members who wants to buy btc often just buy it off the store manager hand to hand. or just learning how to sign a store up to a payment/merchant service like bitpay/coinbase.

then approach the store with the advantages, including demoing how easy it makes things


YOU are all the community. you are all bitcoin

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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