Apart from trading where else to use crypto?

[Chicksteen]

Buying stuff that I need like gadget or for my daily goods. Swap my altcoins through Shapeshift to Bitcoin and we are good to go. There are lots of ways to wasting your cryptocurrency, from shopping until gambling that you can do it all of them.

Crypto can work as real currency which can used to buy different stuffs online. You can make it bitcoin and change as fiat. Using it for a gambling site to win more and earn more without counting your lost. I used crypto by investing in potential coin and hold it for long term. When you do not want to trade, you can stop and keep it on your account because that might worth high profit when you need it.

[sober4now]

Because of crypto value volatility, business sectors won't risk tokenizing their product. Maybe few decades from now when adoption rate will reach 100% and when crypto values achieve stability, I bet that's the right time for some businesses to make use of the technology at the highest level possible. Don't worry we are moving forward to that moment in time that everything we purchase will be tokenized and hoping that it would give positive impact to both consumers and merchants.

I find very surprising the lack of vision businessmen, because while it is true that they will be risking some money if they decide to accept cryptocurrencies, it is as if they only see the negative aspects of bitcoin and they do not see the positives, if they accepted bitcoin and they keep it it is true that they will take a risk because they could lose money but if they held their bitcoin it's entirely possible that they could get incredible benefits out of it if they held their coins for long enough.

I do not think that this is a case in point since I personally believe and based on the market drive and speculations, that the market would maintain its volatility because of the competitiveness of the market even at the height of adoption. For example, the USA alone has 8% of it's population already owning tokenized systems, this hasn't affected the adoption rate or helped the volatility problem. Please note that they are already OWNING. Also note that MERCHANTS AND INVESTORS are high-risk takers therefore tokenizing their systems would not be a problem. I believe that the challenge here is the ability for the already tokenized systems to reach down to the RETAIL MERCHANTS. Considering the example of The Tapcoin which is already used in various hotels and can even be gifted and used to redeem free drinks and has its application -hoochapp- on both ios and android platforms. We must also note that the volatility is not because of the lack of adoption but the consistent Airdrops by competing products. It is just as volatile as the Foreign Exchange system. Let us design systems that are low-end-user-friendly and copletely break the fiat driven business protocol. Let's not portray bitcoin and other crypto currencies as a store of value but a value exchange system.
I'll love to know if there are other projects that have answered these needs.
BREAK THE MERCHANT-MONOPOLY
GIVE THE PURCHASING POWER TO THE CONSUMERS.( make them want it).
Else it would become another GOLD that cannot be made available to everyone except at a particular very high cost.

[yitzjoe]

tokens and coins besides being used in trading on the market it is possible to invest coins and tokens only, so they only buy to save in the hope that the value will increase for the next few years. coins and tokens can be spent on real goods needs but again the infrastructure from crypto which supports the trading of goods is still lacking and the value of the crypto which is still very volatile makes this still rarely used

[SneakyLady]

Paypal accounts are getting banned left and right for promoting ideas that aren't politically correct.

https://www.independent.co.uk/life-style/gadgets-and-tech/news/alex-jones-sue-paypal-infowars-website-blocked-a8566226.html

"The lawsuit alleges Silicon Valley firms are 'discriminating against politically conservative entities and individuals'"

Crypto payment platforms will prevent this sort of thing from happening and there will always be a medium to be payed.

[shield132]

More than 90% of ICOs (still a wide margin) lack pure utility aside from trading values. Among freelancers, people may trade one crypto for another, but in a brick and mortar business scenario, crypto has little to no impact. For example if I walk into a store I could get the credit card and a few other payment options. Still, with the over abundance of crypto technologies and their native tokens, only a handful of stores have barcodes for bitcoin and a few other payment coin types.

I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.

Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?

You can do almost everything you wish, but usually that happens online, you can book flight tickets, buy things from amazon, etc and etc. Ripple may be used by financial institutes too.
You can own bitcoin debit card and pay with it, I have no idea why you want to harden everything. Is something wrong with paying visa card? Don't tell me anonimity, why the hell anyone wants to purchase potatoe with bitcoin?

[Pattart]

More than 90% of ICOs (still a wide margin) lack pure utility aside from trading values. Among freelancers, people may trade one crypto for another, but in a brick and mortar business scenario, crypto has little to no impact. For example if I walk into a store I could get the credit card and a few other payment options. Still, with the over abundance of crypto technologies and their native tokens, only a handful of stores have barcodes for bitcoin and a few other payment coin types.

I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.

Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?

You can do almost everything you wish, but usually that happens online, you can book flight tickets, buy things from amazon, etc and etc. Ripple may be used by financial institutes too.
You can own bitcoin debit card and pay with it, I have no idea why you want to harden everything. Is something wrong with paying visa card? Don't tell me anonimity, why the hell anyone wants to purchase potatoe with bitcoin?

unlike a few years ago, now you don't need to be confused about using bitcoin for spending or shopping, the increasing users and good development are so influential that many merchants and agencies start accepting bitcoin. so you don't need to be confused where to use bitcoin..

[syaripudin]

Doing business in the real world by combining crypto options with business fields that are developed is certainly not easy to do, especially in countries that do not have government legality in crypto use for transaction facilities. so in my opinion to achieve such a goal there needs to be a role for the government especially in terms of crypto legality.

[realcrypto]

Accepting any form of payment globally be it fiat or digital will take decades before it will enter the mainstream. Several project ranging from medical section to marketplace are on the pipeline. Some are functioning already, just go to google and type " where to buy things or pay for services with cryptocurrencies" you will see several platfrom.

[South Park]

Buying stuff that I need like gadget or for my daily goods. Swap my altcoins through Shapeshift to Bitcoin and we are good to go. There are lots of ways to wasting your cryptocurrency, from shopping until gambling that you can do it all of them.

This is not the moment to waste your cryptocurrencies, this is the moment to get hold of as much of them as you can, I know this is not an easy task because each day that passes more people enter in this market and that means more competition in whatever way you are using to generate money but it's something that you will have to do because the benefits in the short term are nothing short of amazing.

[CarnagexD]

I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.

Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?

Some days ago Ripple CEO announces 3[three] companies which are now using Ripple as a means of payment  https://www.coindesk.com/ripple-event-reveal-3-companies-are-now-using-xrp-for-real-payments/, so, ripple is almost there.

   The use of crypto is not yet fully accepted by the main stream market globally, we have issues to resolved like Regulation by the government financial institutions, once Crypto is fully accepted by the market with the government accepting its full potential then its an open market? business using crypto globally, at this time we experience limitation on its usages.

[Findingnemo]

It is supposed to be used for buying and selling so we were using them wrong for the trading purpose only.We need to start paying with cryptos if anywhere crypto currency is accepted or pay your debts in bitcoin and teach the other person about cryptos and it will keep going.

[Muzika]

There are lots of used when we talk about cryptocurrency aside from trading crypto can be used in doing investment, gambling and also as a mode of payment when you bought items over the internent.

[Barbut]

More than 90% of ICOs (still a wide margin) lack pure utility aside from trading values. Among freelancers, people may trade one crypto for another, but in a brick and mortar business scenario, crypto has little to no impact. For example if I walk into a store I could get the credit card and a few other payment options. Still, with the over abundance of crypto technologies and their native tokens, only a handful of stores have barcodes for bitcoin and a few other payment coin types.

I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.

Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?

I respect your comment, you have very strong arguments. I have similar opinion, crypto has little or no impact, but that is the start, only a beginning. Bitcoin is good example, where bitcoin was in the beginning, just couple enthusiasts and big will, combined with hard work. You are right and nobody can deny your words, but have in mind that this is only a start. In few years we will see which one from all this tokens will survive, thats possible only with hard work and innovations, after couple years when some of them survive they will start to grow and people will have more trust in those tokens.

[b3llsf1l3s]

Just as usual currency: buy stuff, sell stuff.
Depending on the adoption rate in your country is may be limited mostly to online shopping, though.

the use of Proof of Stake like certain coins is also one of the things that I find interesting. Staking coin then you will get another form of the coin, so you don't get the coin so there is price stability

[Escf4]

If I have many more coins in trading business, then I can expand my investments ,through purchase of nice vicinity lot good for making hub to other business ti go in this to make an alternative investments aside from coin trading.

[andriarto]

There are lots of used when we talk about cryptocurrency aside from trading crypto can be used in doing investment, gambling and also as a mode of payment when you bought items over the internent.

if cryptocurrency is used as gambling, i think it is done for those who want to get rich quickly, but do not have knowledge about cryptocurrency, this will be very dangerous for capital he invests

[aleksnutis]

90% is a small number. 99.9% is the right number.
Cryptocurrency now is a speculative trading tool and that's it. No one project has a complete work product. Therefore, to talk about the real use of cryptocurrency does not make sense.

[adolf512]

90% is a small number. 99.9% is the right number.
Cryptocurrency now is a speculative trading tool and that's it. No one project has a complete work product. Therefore, to talk about the real use of cryptocurrency does not make sense.

But what about the fact that some countries recognized Bitcoin as a means of payment, the number of terminals where you can change Bitcoin increases, the number of institutions and outlets increases, where you can use Bitcoin as a means of payment

[fasdorcas]

franlky speaking, its nothing much can do besides trading. no like you can really buy grocery with bitcoin right now, except your country currency is way more volatile compare crypto, it hardly can do anything right now. it might have bigger application in larger scales like international transaction.

There are so many things you can use youth cryptocurrency for. You can use it to pay for services rendered if the person is willing to accept it, you can use it to pay for goods as well and so many other things.

I understand that we are not where we want to be and the market is so young that we have not even seen an extreme real life usage yet, but all that would change gradually as obviously we cannot expect it to just happen overnight.

Personally, I make use of bitcoin to pay my merchants overseas for goods and that has really been able to fill up some gap in transaction problem I have had with banks over the years. That is something!

[bitcon]

Many shops are now accepting bitcoin and few other top currency.Recently i have seen people are paying money with bitcoin in hotel and restaurant.I have bought gift card with litcoin from a website.But biggest problem in using crypto as a currency is volatility.

I am sure that the number of these stores will be increased. People are interested to buy different things on the Internet and pay for them with Bitcoins. It is very convenient, very fast and really safe.