Apart from trading where else to use crypto?

[Patient_Zero]

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 think in the crypto trade the future will be everywhere, seeing technology that is developing very fast, especially in the field of payment instruments, digital systems in almost all fields of payment have started, some countries have begun to facilitate bitcoin users, for example advanced accounts allow stores to accept Bitcoin payments.

[1714813282]

1714813282

[1714813282]

1714813282

[1714813282]

1714813282

[1714813282]

1714813282

[1714813282]

1714813282

[jojowar]

Only few people around the world knows about cryptocurrency that is why there were only few establishments accept cryptos as mode of payment and also because the value of cryptos today are very volatile maybe in the future cryptos will be accept in our society and be part in our daily living.

[xuan87]

Up until now there are not many place we can used the alt coin, most of them only being used for trading, some create their own coin and used them in certain game but it's not too popular, Bitcoin could be used in some countries like Japan, you can purchase food and rent a room using Bitcoin but for other alt coins, the usage is still rare

[boled]

this requires process and process takes time. I believe that the time will come for crypto to get full recognition by the government and the world community. Where crypto can be used in many places easily. nowadays there are so many ICOs and giving birth to lots of coins or tokens, for me it is one form of human struggle in growing and introducing crypto. tokens and coins themselves will be selected by nature by themselves, where developers who really struggle will exist and get a place in the crypto world.

[krishnaverma]

You can use it for buying specific services where the seller allows it as the only acceptable option. For instance, I recently purchased some social media related services and the seller asked payment in crypto. I went ahead with advance payment and the deal went smooth.

Other possibilities are government using crypto for subsidy payments and other such schemes.

[jimmyd178]

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 think we are close to that. Although it is true that considering current market’s volatility most of businesses are afraid to take some steps towards the tokenization of their product. One core element is that BTC and the rest of the cryptomarket is facing radical ups and downs from time to time making impossible for merchants to foresee the future. But it is also true that neither merchants nor consumers understand the benefits from taking part in an ecosystem that each token has to offer. For example tapnetwork helps businesses to reward their customers with discounts etc. by allowing brands to use their personal data for advertising purposes. And there are others too that empower businesses to tokenize their products in different ways. After all, one does not simply could predict the future but surely one can take advantage of blockchain systems in order to make profit in the long term, hence the time will come that everything we purchase will be tokenized.

[hahay]

Up until now there are not many place we can used the alt coin, most of them only being used for trading, some create their own coin and used them in certain game but it's not too popular, Bitcoin could be used in some countries like Japan, you can purchase food and rent a room using Bitcoin but for other alt coins, the usage is still rare

We do not need high expectations for altcoins in use, because the use of bitcoin also is still very rarely available in many sectors, if the spread of bitcoin has become widespread in usage then we can expect altcoin to follow the bitcoin movement so that it can be used in many places and for all types of transactions.

[BartS]

Aside from trading crypto currencies an be used in online payment there are online shops and normal shops specially in Japan who accepts bitcoin as payment.

I know the gambler, who makes money (in Bitcoins) playing in casinos that accept the cryptocurrency. He is simply a very lucky person, thus, he takes this risk. I guess you can buy and sell things for BTC.

Forget about gambling, your friend is just lucky and sooner or later his luck is going to run out and he is going to be in a worse position than when he began gambling and he is going to lament having wasted so much time and money in something that will not give him profits, I know it is harder but you need to concentrate in activities that have an actual chance of giving you profits in the future instead of wasting your time in gambling.

[nur rochid]

Aside from trading crypto currencies an be used in online payment there are online shops and normal shops specially in Japan who accepts bitcoin as payment.

I know the gambler, who makes money (in Bitcoins) playing in casinos that accept the cryptocurrency. He is simply a very lucky person, thus, he takes this risk. I guess you can buy and sell things for BTC.

Forget about gambling, your friend is just lucky and sooner or later his luck is going to run out and he is going to be in a worse position than when he began gambling and he is going to lament having wasted so much time and money in something that will not give him profits, I know it is harder but you need to concentrate in activities that have an actual chance of giving you profits in the future instead of wasting your time in gambling.

maybe gambling using the cryptocurrency is not in my country, so it is difficult to use for it, and I have absolutely no interest, and trading is not the same as gambling, because we cannot survive by gambling