|
Pumapipa
|
 |
November 08, 2018, 06:01:33 AM |
|
In my personal experience, I haven't used any other function for crypto asides from trading. Trading fo me is the most profitable way to earn money in the cryptosphere-- provided the patience and also basic understanding of how trading works. If our country will adapt crytocurrency in the finance system then most likely, the first function of it will be payment for services like for government transactions or even bills payment. Cryptocurrency has got us covered from purchase to lifestyle so I am very optimistic to be using crypto in our daily operations.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
Anies_Sandi
|
|
November 08, 2018, 06:57:41 AM |
|
in my country, it can only be used for trade to carry out government transactions, it is still prohibited because the crypto currency has not been fully recognized by the government for transactions directly but one day it can certainly be done
|
|
|
|
|
btc78
Full Member
 Offline
Activity: 2492
Merit: 212
Eloncoin.org - Mars, here we come!
|
|
November 08, 2018, 07:16:29 AM |
|
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?
In fact there are many places ( mainly online ), where people can pay with cryptocurrency, but to pay milk and bread in your local store you will need to wait some time. Actually it all depends from country to country, there is places you can pay with crypto by buying coffee, donut or even bread&milk and make haircut maybe. It is important to know we are just at the very beginning in the application of this technology, maybe 1% of world population is using cryptocurrency in one way or another. Fiat is still main currency, and it will be probably for a long time - big changes do not happen overnight, they may last for decades. You’re right on that mate,in future even local store will accept cryptocurrency and not only for online shopping,and not only in paying billings As of now in our region billings and some stores are accepting bitcoin but more and more are planning to extend the function of cryptocurrencies and i am confidently waiting ,jusk like many asians and some other places that has some regulations about this community |
|
|
|
|
mel1978
|
|
November 08, 2018, 07:27:51 AM |
|
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?
Here in our country there are many ways that uses crypto coins for payment. We can use coins for paying online purchases, paying monthly bills like internet bill, electricity, water and some other utilities. That is why a lot of people in our place are now adopting crypto and now use to build business with crypto because it has lots of opportunities offer. |
|
|
|
|
|
yitzjoe
|
|
November 08, 2018, 08:00:10 AM |
|
now I am more concerned about storing crypto because the value will be formed and continue to increase from year to year, different from the value of money which is always decreasing due to inflation in each country. now there are many multi web wallets that hold more coins and tokens under one roof and this will make it easier for us to transact online to buy a product
|
|
|
|
|
TooDumbForBitcoin
Legendary
Offline
Activity: 1638
Merit: 1001
|
|
November 08, 2018, 08:27:16 AM |
|
Well... Actually you can buy Verge and pay with it on PornHub  It is joke. We will see the power of crypto when a new Internet become reality |
|
|
|
goku1525
Member
Offline
Activity: 420
Merit: 50
|
|
November 08, 2018, 09:50:31 AM |
|
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?
Here in our country there are many ways that uses crypto coins for payment. We can use coins for paying online purchases, paying monthly bills like internet bill, electricity, water and some other utilities. That is why a lot of people in our place are now adopting crypto and now use to build business with crypto because it has lots of opportunities offer. Well, your country looks advance interms of technology. I hope our ountry make it that happened too, so that easy for us to used crypto to pay any bills and others without any convertion process to fiat. I believed the whole world will evolve amd crypto will used everywhere in business. |
|
|
|
|
dat.ho12492
Jr. Member
Offline
Activity: 378
Merit: 1
|
|
November 08, 2018, 12:53:30 PM |
|
in my country, it can only be used for trade to carry out government transactions, it is still prohibited because the crypto currency has not been fully recognized by the government for transactions directly but one day it can certainly be done
Even if the government accepts crypto, I also do not think people will use it for different areas of life because volatility makes it very difficult to use, restaurants or other areas are also difficult to adapt to the values of crypto. In addition, everyone clearly understands that using crypto for personal spending is like selling the opportunity to make money for others, they will not foolishly do it unless they have no other options, crypto is still used for trading is the best and most suitable |
▀▀▀▀▀█████████ CRYPTON ▬▬▬▬▬▬▬▬
▬▬ Revolutionary Cryptocurrency Exchange |
|
|
UNOE
Sr. Member
Offline
Activity: 791
Merit: 271
This is personal
|
|
November 08, 2018, 01:04:47 PM |
|
Try sport betting or gambling with cryptocurrencies, there is no tax fee nor manipulate costs fee. I think this is great way to start using crypto if you are interesting in betting or gambling.
|
|
|
|
A L I E N
Legendary
Offline
Activity: 1358
Merit: 1000
|
|
November 09, 2018, 04:30:22 PM |
|
nothing else. purpose of crypto is replacing current money. in the form of digital.
The cryptocurrency cannot replace fiat. Traditional money will always be used, even by those people, who use the cryptocurrencies often. However, you can pay for some stuff on the special sites that accept Bitcoins. |
|
|
|
|
|
sulendra12
|
|
November 09, 2018, 05:58:13 PM |
|
Buy digital products or physical one and pay it with Crypto. It's widely known and even beginners know to buy something with crypto. Try sport betting or gambling with cryptocurrencies, there is no tax fee nor manipulate costs fee. I think this is great way to start using crypto if you are interesting in betting or gambling.
It's not RECOMMENDED at all. Why would you start to earn money with the highest risk you could ever find? Just try with easier method first. |
|
|
|
Gabali126
Jr. Member
Offline
Activity: 322
Merit: 2
|
|
November 09, 2018, 11:59:11 PM
Last edit: November 10, 2018, 12:15:44 AM by Gabali126 |
|
Cryptocurrency was not founded just to be traded on exchanges. We are supposed to use it in everyday buying and selling activities just as you would use your normal paper money, but in this case, digital payments only.
|
P2PS TOKEN ▐ ▌ CREATING A WORLDWIDE NETWORK OF DIGITAL SERVICES
▰▰▰▰▰▰ BUY P2PS TOKEN! [ SUBSCRIBE ] ▰▰▰▰▰▰ (https://www.p2psf.org/) |
|
|
|
jcojci
|
|
November 11, 2018, 09:25:53 AM |
|
I think the time will come for us to use the token to pay something we buy in the store. I don't find any tokens that can be used for paying something, but I am sure that it will happen in the future after the government legalizes bitcoin, altcoin, and the tokens. Besides that, I think the governments need more time before they can make the cryptocurrency legal, so people don't have to worry about anything.
|
|
|
|
|
|
yitzjoe
|
|
November 11, 2018, 09:54:24 AM |
|
it is necessary to develop a more applicable crypto utility and this can be in the form of starup and other forms that make more use of tokens and coins in daily activities. crypto will touch the community mickro activities, such as payment of tokens, electricity, electronic pulses, payment to toll gates, food vouchers tokens and many more applicable in your country
|
|
|
|
|
brooklynian
Member
Offline
Activity: 392
Merit: 10
|
|
November 29, 2018, 08:37:08 AM |
|
So many issues relating to the mass adoption of bitcoin would have been solved by the time there are adequate number of merchants accepting bitcoin for goods and services. Until that time, several people will be limited to using cryptocurrency only for trading and investment.
|
|
|
|
|
|
Dodoymabs
|
|
November 29, 2018, 09:53:12 AM |
|
So many issues relating to the mass adoption of bitcoin would have been solved by the time there are adequate number of merchants accepting bitcoin for goods and services. Until that time, several people will be limited to using cryptocurrency only for trading and investment.
The growing progress of blockchain technology help the economy to find more innovations about helping the programmers and developers to find solutions about how to maximize the use of the technology. Cryptocurrencies have so many uses and probably we already know their major factor. |
|
|
|
|
|
ict
|
|
November 29, 2018, 10:05:34 AM |
|
At present, crypto currencies are only used to trade because this currency has not yet received official approval in all countries. and all countries have not issued official statements if they legalize this currency to be used for transactions involving many people. so, currently only limited to the crypto exchange trading we can do.
|
|
|
|
|
bchain22
Copper Member
Jr. Member
Offline
Activity: 154
Merit: 3
Be smart, join: https://t.me/cryptofinance24
|
|
November 29, 2018, 10:06:25 AM |
|
There are thousands of companies accepting crypto as a payment method. So, after investing this would be the 2nd largest way to use crypto.
|
|
|
|
Ludmilla_rose1995
Full Member
Offline
Activity: 1524
Merit: 157
Eloncoin.org - Mars, here we come!
|
|
November 29, 2018, 12:29:21 PM |
|
I haven't found a store or merchant that accepts crypto as a payment. The problem facing crypto holders in my country is the government that prohibits crypto as payment. They have established a crypto law that crypto is only a commodity asset. Buying an item using crypto is illegal in my country.
|
|
|
|
|
Gheka
|
|
November 29, 2018, 12:48:59 PM |
|
I haven't found a store or merchant that accepts crypto as a payment. The problem facing crypto holders in my country is the government that prohibits crypto as payment. They have established a crypto law that crypto is only a commodity asset. Buying an item using crypto is illegal in my country.
Not only your country, I heard many people say that most countries have set up such a rule, they prohibit the use of crypto as a payment method, and will punish stores that violate this rule, crypto is illegal and unacceptable. And say honestly, I feel that the government of countries banned crypto or not does not matter because crypto is only useful for trading and making money, in other areas, crypto really is not suitable when many people still do not know and still do not accept, and we use crypto for other problems, it just wastes the value of crypto and wastes our chances |
|
|
|
|
