Apart from trading where else to use crypto?

[olumyd]

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?

Aside from trading, I personally use crypto to buy prepaid loads, paying bills, investments and I think I will soon try to use it to purchase goods and services here in my country as cryptocurrency is getting bigger and bigger. I juat hope that more and more merchants will be popping up in the near future as it is more convenient to transact with crypto than the usual fiat money most especially when dealing online.

Speaking of merchants, I know a project that's paving way for more merchant adoption of cryptos. Modern Finance Chain (mfx token) will be like Dash or PundiX, only better! It wont require a bulky hardware, in fact, no hardware required at all, just the merchant's mobile phone, the platform's software and freedom of numerous  cryptos that could be used to pay for services. Whats more? Instant crypto to fiat gateway. These are features i think commerce needs.

[KevinvdV]

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?

Aside from trading, I personally use crypto to buy prepaid loads, paying bills, investments and I think I will soon try to use it to purchase goods and services here in my country as cryptocurrency is getting bigger and bigger. I juat hope that more and more merchants will be popping up in the near future as it is more convenient to transact with crypto than the usual fiat money most especially when dealing online.

Speaking of merchants, I know a project that's paving way for more merchant adoption of cryptos. Modern Finance Chain (mfx token) will be like Dash or PundiX, only better! It wont require a bulky hardware, in fact, no hardware required at all, just the merchant's mobile phone, the platform's software and freedom of numerous  cryptos that could be used to pay for services. Whats more? Instant crypto to fiat gateway. These are features i think commerce needs.

On top of that, the merchant doesn't have to pay for using the payment processor! There's a reward system for users as well.
All very attractive benefits

[fiomcorka]

The main use of cryptocurrency as at now is still trading; and with main reason of profit making. The other uses can be for tieing down one's wealth and resources and to be traded/exchanged for a later date - crypto used like real estate.

Which in other words mean that it is like money and money could be used in any place for any sought of transaction. Same crypto could be used for any type of work you want to get done and which involves the use of money. To me, a second best use of cryptocurrency after making money with it is using it to make transactions. Banks and even ATMs are the money suckers and in the long run, you loose big money which is more fee than the services they provide.

[tailwate07]

Often use it to buy online services, products such as software and games. Other than that, I do gamble, nowadays very rarely though, but I do. Also often take part in online gaming tournaments where I pay the entry fees. Recently I read in the news one of the countries exchange is planning to introduce Crypto ATM, so it will be a great new addition.

What kind of gambling do you do, sports gambling? Or what exactly? I do come across some gambling sites including casino but I don’t know how to do all these things and I don’t know how they work. Do you know any site that can teach me how to play gamble?

And by the way I’d like to let you know that there are countries with Bitcoin ATM, where you can withdraw your Bitcoin in cash if you have a wallet debit card just like Xapodebit card or Coinbase shift card.

[el kaka22]

Speaking of merchants, I know a project that's paving way for more merchant adoption of cryptos. Modern Finance Chain (mfx token) will be like Dash or PundiX, only better! It wont require a bulky hardware, in fact, no hardware required at all, just the merchant's mobile phone, the platform's software and freedom of numerous  cryptos that could be used to pay for services. Whats more? Instant crypto to fiat gateway. These are features i think commerce needs.

Even asides new projects popping up, there has always been the likes of Bitpay that has really helped a lot of merchants in some developed part of the world to accept cryptocurrency payment and be able to get their funds converted to fiat immediately and that to me has really helped in the usage of crypto and even though it is not something we can see in most of part of the world, at least, it is a start. Asides that we are even seeing payment processors like the likes of Orbis that I saw recently, and I know as time goes on, the real life usage of crypto will be a norm than something anticipated for.

On top of that, the merchant doesn't have to pay for using the payment processor! There's a reward system for users as well.
All very attractive benefits

I know as time goes on, there will always be so many projects that will come up to really make the usage of cryptocurrency in real life enticing. We are seeing a lot of them already and the possibilities that they will always keep coming and even creating more competition, but one thing I am certain of is that, we may not have gotten to a level that we would really say the usage of crypto is rampant, but at least, we are going to get to that level at some point, judging from the way things are going currently within the space and projects that are channeled towards the real life usage of crypto and some incentives for users.

[East2011]

There are some businesses and store that are accepting cryptos. And there are also cryptos that can use in buying apps online. And i hope in the future we can use it everywhere.

[vasilev456]

I think the volatility of cryptocurrency will not allow creating such an organization ...

[SoiledDove]

Some businesses accept Bitcoin as payment, although not as much as we would like. It appears that most cryptocurrency users use it for investment. But some use it for commerce. Mostly for buying properties and the like.

[Wonder_woman]

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?

As of today we can only see crypto as for trading but then soon we will see that it will be use in banks, it will be use in any online store and we can only see this if finally the world accept it as money.

[novsali]

The unique characteristics of most cryptocurrencies allow it to function as both a store of value and tradable tender. Although Bitcoin's original use case wasn't of this nature, Of course you'll see millions if not billions of dollars being traded everyday on exchanges. People trade traditional fiat currencies similarly depending on exchange rates going up and down, its of the same nature.

If you are wondering about the lack of crypto payments all you have to do is look. browsing this thread I see tons of answers for where you can pay with crypto. Did you know more than 1500+ merchants in Venezuela alone accept DASH as a payment method in the fight to combat inflation of their national currency?

Did you know you can look up merchants online that accept BCH in countries all over the world?

I personally sold my motorcycle for ETH on FACEBOOK MARKETPLACE. It's all about finding the right outlets at this time. It's coming out of its niche to provide real world use cases!

I've been working on a huge project to implement real life crypto payments as well! I can't wait to show you guys.

[max fray]

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 don't know any coin used for real world purposes, but I'm eager to see projects that deal with gaming to implement their plans and introduce tokens used in mobile games.
There are few such projects and they don't seem to be very popular now, but I hope there will be a kind of universal gaming token that could be earned by doing certain tasks.

[tbterryboy]

Cashing out is the main purpose of cryptocurrency for me! But as time goes by, I learned that I can pay my bills, save money from my bank account and buy load using my earnings in cryptocurrency. As of now, I saw a news came from LYL which gave me an idea to use it when I will buy something that accepts LYL. Hm. There are many usage of cryptocurrency, specially nowadays.

Thats interesting, can you tell us which country you live in and what kind of bills you can pay?
I havent heard about this option yet.

We can use crypto apart from trading as a payment mode and this usage takes place in many countries besides which it is best recommended as long term investment for investors to place their money here that is generating huge profit for them. Furthermore, crypto currencies are using in banks across Germany as payment of loans besides this use we can get more benefits from it if governments create more opportunities regarding crypto currencies.

[blackbold]

there are many retailers who accept crypto at this time, so crypto is not only used for trading, it can be used like money for daily transactions

[GemmaJon]

Currently paper is still used in our daily lives, while bitcoin is only used in online transactions. If you want bicoin to be used to buy a loaf or a pizza, then you have to wait for future adjustments.

[centimentalking]

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?

Aside from trading, I personally use crypto to buy prepaid loads, paying bills, investments and I think I will soon try to use it to purchase goods and services here in my country as cryptocurrency is getting bigger and bigger. I juat hope that more and more merchants will be popping up in the near future as it is more convenient to transact with crypto than the usual fiat money most especially when dealing online.

Speaking of merchants, I know a project that's paving way for more merchant adoption of cryptos. Modern Finance Chain (mfx token) will be like Dash or PundiX, only better! It wont require a bulky hardware, in fact, no hardware required at all, just the merchant's mobile phone, the platform's software and freedom of numerous  cryptos that could be used to pay for services. Whats more? Instant crypto to fiat gateway. These are features i think commerce needs.

Cryptocurrencies are volatile so it can be used in business. It would be more profitable if we start our business with the help of bitcoins and cryptocurrency. I am a business man and i start my business.

[basyang]

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?

As of now, there are no much use of bitcoin except in trading, because bitcoin is starting to spread in the world and few stores in selected countries are only operating or starting to use Bitcoin and other cryptocurrency in the mode of payment. Hopefully, in the future when bitcoin is legal more advertisement and transactions will be done. People are starting to be confused on what could bitcoin do.

[PlusOne88]

This is certainly the case. We knew that the cryptocurrency had a very little use in the real world. As payment systems it really did work, but to be used for most transactions is a no. Despite how much people had been using it for trading yet is still is not even so popular such that using it would increase its value.  There is not enough stores or shops that have used cryptocurrency as payments or as a digital currency or digital equivalent of money to pay for the products bought. Because of these ideas people got stock only to trading not realizing that the coins could have been so useful had it been used differently.

[FlightyPouch]

there are many retailers who accept crypto at this time, so crypto is not only used for trading, it can be used like money for daily transactions

I think that is just in your place since Bitcoin is not really that popular to our place. People don't really know what Bitcoin is, it may be reported or being talked about in the news but people don't really use it. I asked some of friends one time about it and what they know is that it is a crypto currency being used to scam other people which is not really true. It is just used by scammers as an exit.

[higgidave]

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?

Aside from trading, I personally use crypto to buy prepaid loads, paying bills, investments and I think I will soon try to use it to purchase goods and services here in my country as cryptocurrency is getting bigger and bigger. I juat hope that more and more merchants will be popping up in the near future as it is more convenient to transact with crypto than the usual fiat money most especially when dealing online.

Speaking of merchants, I know a project that's paving way for more merchant adoption of cryptos. Modern Finance Chain (mfx token) will be like Dash or PundiX, only better! It wont require a bulky hardware, in fact, no hardware required at all, just the merchant's mobile phone, the platform's software and freedom of numerous  cryptos that could be used to pay for services. Whats more? Instant crypto to fiat gateway. These are features i think commerce needs.

2 years ago i involve bitcoins and in just few months i get my investing result and the result was worth it. I work with honest and show highly patience and got my reward.

[heleng05]

I noticed that here in my country are now accepting bitcoins as a payments in some establishments and I think it is good also to build a business like store etc. It would be a great business to build in a growing countries that would also give some people a personal job.